As we are approaching towards the end of 21Q4 I decided to take a look at the market cap levels of the largest European banks. It turns out that a lot of them soared significantly during 2021. For instance as of the date of this post the market cap level of HSBC reached $120 billion, last year it was below $103 billion.

Here is a list of Europe’s largest banks in terms of market cap. The list is based on information published by Yahoo Finance and TradingView.

#	Country	Bank	Market Cap (USD B.)
1	Austria	Erste Group Bank	18.9
2	Belgium	KBC Group N.V.	36.2
3	Croatia	Zagrebačka Banka	3.0
4	Czechia	Komerční Banka	7.8
5	Denmark	Danske Bank AS	14.8
6	Finland	Nordea Bank	50.2
7	France	BNP Paribas	85.3
8	Germany	Deutsche Bank	27.3
9	Hungary	OTP Bank	15.2
10	Italy	Intesa Sanpaolo	54.3
11	Netherlands	ING	57.9
12	Norway	SpareBank1	1.8
13	Poland	PKO Bank Polski	13.9
14	Russia	Sberbank	99.9
15	Spain	Santander	62.3
16	Sweden	Swedbank	24.8
17	Switzerland	UBS	63.4
18	Turkey	QNB Finansbank	11.3
19	UK	HSBC	120.6

To put this list into perspective I prepared the below map:

Ali Can Ergur