# Which US banks with over $500 billion in assets lead in AI?

Source: https://www.bankingnewsai.com/banks/leaders/top-ai-banks-over-500bn
Last updated: Oct 30, 2026


Checked 2026-10-28 · bank profiles via the AI index. Nothing on this page is written by a model: every row is computed from that dataset.

On the public record as of Oct 28, 2026, 10 of the 141 large banks profiled are US banks with consolidated assets of $500bn or more in the Federal Reserve's large-bank release. Ranked by AI index score (/100), the top 5 are BofA (97.1 index points), Citi (95.2 index points), JPMorgan (90.5 index points), Wells Fargo (90.1 index points) and Capital One (86.0 index points). BofA's strongest evidence: Index score 97.1/100: 16 of 18 use cases in production, platform Erica (and EricaAssist), 38 independent of 71 sources.

## Which of the US banks with over $500 billion in assets lead in AI?

| # | Bank | AI index score (/100) | Index components | Status | Date | On this site | Sources |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | [BofA](https://www.bankingnewsai.com/banks/bank-of-america) | 97.1 | Index score 97.1/100: 16 of 18 use cases in production, platform Erica (and EricaAssist), 38 independent of 71 sources | AI programme disclosed | Oct 26, 2026 | [BofA profile](https://www.bankingnewsai.com/banks/bank-of-america) | [Bank of America Newsroom](https://newsroom.bankofamerica.com/content/newsroom/press-releases/2025/08/a-decade-of-ai-innovation--bofa-s-virtual-assistant-erica-surpas.html); [Bank of America Newsroom](https://newsroom.bankofamerica.com/content/newsroom/press-releases/2026/07/bank-of-america-enhances-ericaassist-with-generative-ai-to-help-.html) |
| 2 | [Citi](https://www.bankingnewsai.com/banks/citigroup) | 95.2 | Index score 95.2/100: 15 of 21 use cases in production, platform Citi Stylus Workspaces, 43 independent of 68 sources | AI programme disclosed | Oct 26, 2026 | [Citi profile](https://www.bankingnewsai.com/banks/citigroup) | [The Wall Street Journal](https://www.wsj.com/cio-journal/the-ai-superfans-companies-count-on-to-convert-the-skeptics-5b301a90); [Citigroup](https://www.citigroup.com/rcs/citigpa/storage/public/Earnings/Q12026/2026psqtr1rslt.pdf) |
| 3 | [JPMorgan](https://www.bankingnewsai.com/banks/jpmorgan-chase) | 90.5 | Index score 90.5/100: 8 of 17 use cases in production, platform LLM Suite, 48 independent of 78 sources | AI programme disclosed | Oct 26, 2026 | [JPMorgan profile](https://www.bankingnewsai.com/banks/jpmorgan-chase) | [American Banker](https://www.americanbanker.com/news/how-jpmorganchase-democratized-employee-access-to-gen-ai); [American Banker](https://www.americanbanker.com/video/wib-2025/driving-ai-use-cases-and-adoption-aligning-business-value-data-readiness-and-risk-management) |
| 4 | [Wells Fargo](https://www.bankingnewsai.com/banks/wells-fargo) | 90.1 | Index score 90.1/100: 14 of 17 use cases in production, platform Fargo and the Google Cloud agent stack, 35 independent of 60 sources | AI programme disclosed | Oct 21, 2026 | [Wells Fargo profile](https://www.bankingnewsai.com/banks/wells-fargo) | [Wells Fargo](https://www.wellsfargo.com/assets/pdf/about/investor-relations/earnings/fourth-quarter-2023-financial-results.pdf); [VentureBeat](https://venturebeat.com/business/wells-fargos-ai-assistant-just-crossed-245-million-interactions-with-zero-humans-in-the-loop-and-zero-pii-to-the-llm) |
| 5 | [Capital One](https://www.bankingnewsai.com/banks/capital-one) | 86.0 | Index score 86.0/100: 13 of 13 use cases in production, platform Chat Concierge and the in-house agent stack, 25 independent of 75 sources | AI programme disclosed | Oct 19, 2026 | [Capital One profile](https://www.bankingnewsai.com/banks/capital-one) | [Capital One](https://www.capitalone.com/tech/ai/future-of-ai-car-dealerships-shopping); [Capital One](https://www.capitalone.com/tech/ai/applied-ai-research) |
| 6 | [Truist](https://www.bankingnewsai.com/banks/truist) | 84.4 | Index score 84.4/100: 14 of 16 use cases in production, platform Truist Insights and the 'digital teammates', 18 independent of 43 sources | AI programme disclosed | Oct 21, 2026 | [Truist profile](https://www.bankingnewsai.com/banks/truist) | [Truist via FT Markets](https://markets.ft.com/data/announce/detail?dockey=600-202609030730PR_NEWS_USPRX____CL39481-1); [American Banker](https://www.americanbanker.com/news/the-truist-cio-is-34-on-the-most-innovative-people-in-finance-ranking) |
| 7 | [U.S. Bank](https://www.bankingnewsai.com/banks/us-bancorp) | 81.2 | Index score 81.2/100: 16 of 18 use cases in production, platform In-house tools from the AI Center of Excellence, 17 independent of 51 sources | AI programme disclosed | Oct 16, 2026 | [U.S. Bank profile](https://www.bankingnewsai.com/banks/us-bancorp) | [U.S. Bank](https://www.usbank.com/about-us-bank/news-and-stories/article-library/us-bank-launches-design-assistant-an-ai-solution-to-empower-designers-at-scale.html); [American Banker](https://www.americanbanker.com/news/u-s-bank-gives-embedded-banking-clients-a-gen-ai-assistant) |
| 8 | [Schwab](https://www.bankingnewsai.com/banks/charles-schwab) | 80.8 | Index score 80.8/100: 15 of 19 use cases in production, platform Charley, Portfolio Insights, Schwab Knowledge Assistant and Schwab Advisor AI in Action, 18 independent of 38 sources | AI programme disclosed | Oct 19, 2026 | [Schwab profile](https://www.bankingnewsai.com/banks/charles-schwab) | [Charles Schwab](https://pressroom.aboutschwab.com/press-releases/press-release/2026/Meet-Charley-Schwabs-New-AI-Powered-Assistant-Designed-to-Help-Clients-Get-Answers-and-Take-Action/default.aspx); [Charles Schwab](https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Launches-AI-Powered-Capability-That-Helps-Investors-Understand-Portfolio-Performance-and-Market-Activity/default.aspx) |
| 9 | [Goldman](https://www.bankingnewsai.com/banks/goldman-sachs) | 79.9 | Index score 79.9/100: 7 of 13 use cases in production, platform GS AI Platform and GS AI Assistant, 39 independent of 62 sources | AI programme disclosed | Oct 13, 2026 | [Goldman profile](https://www.bankingnewsai.com/banks/goldman-sachs) | [American Banker](https://www.americanbanker.com/news/goldman-sachs-staff-now-write-a-million-gen-ai-prompts-a-month); [American Banker](https://www.americanbanker.com/news/goldman-sachs-marco-argenti-is-3-on-the-most-innovative-people-in-finance) |
| 10 | [PNC](https://www.bankingnewsai.com/banks/pnc) | 68.2 | Index score 68.2/100: 8 of 14 use cases in production, platform PNC AI factory, 17 independent of 37 sources | AI programme disclosed | Oct 13, 2026 | [PNC profile](https://www.bankingnewsai.com/banks/pnc) | [American Banker](https://www.americanbanker.com/news/why-pnc-is-building-its-own-ai-factory); [American Banker](https://www.americanbanker.com/news/pncs-solution-to-rising-ai-costs-build-its-own-ai) |

## How is this ranked?

Data: the AI disclosure index (/banks/ai-index): eight components of the public record on AI (independent coverage, use cases in production, a named platform, own disclosures, moves in the last twelve months, numbers, leaders, use cases described), each a percentile rank; peer group: US banks with consolidated assets of $500bn or more in the Federal Reserve's large-bank release.

Rule: The peer group filtered from the index, in index order (score, then independent coverage, then assets). The score is the bank's percentile rank on each component against the full index set, weighted and summed; a bank that has disclosed no AI programme is capped at 30.

Counts: 10 of 141 profiled banks qualify; 20 distinct sources cited in the table. Data checked 2026-10-28; ranking template updated 2026-10-30.

## What are the caveats?

The index measures depth of the public record, not capability; a bank that builds quietly ranks below one that publishes.

Banks absent from the table have nothing matching on the record this site holds, which is not evidence that they do nothing. Each row links the bank's own page, where every entry carries its sources.

## FAQ

### Which bank ranks first?

Bank of America leads with 97.1 index points: Index score 97.1/100: 16 of 18 use cases in production, platform Erica (and EricaAssist), 38 independent of 71 sources. Citi is second with 95.2.

### How many large banks over $500bn in assets rank on the AI index?

10 of the 141 profiled banks (120 US, 21 non-US groups). Among those listed, 10 are US banks and 0 non-US groups.

### What counts, and what does not?

The peer group filtered from the index, in index order (score, then independent coverage, then assets). The score is the bank's percentile rank on each component against the full index set, weighted and summed; a bank that has disclosed no AI programme is capped at 30. Source: the AI disclosure index (/banks/ai-index): eight components of the public record on AI (independent coverage, use cases in production, a named platform, own disclosures, moves in the last twelve months, numbers, leaders, use cases described), each a percentile rank; peer group: US banks with consolidated assets of $500bn or more in the Federal Reserve's large-bank release.

### Is this a measure of capability?

No. Every row is a sourced fact on the public record: what the bank, a regulator, a filing or an independent outlet has put on the record. The page does not rate how well anything works.

### When was this checked, and how often does it update?

The data behind the table was last checked on 2026-10-28 (bank profiles via the AI index). The page recomputes whenever that dataset changes and is republished with the site; it is never edited by hand.

## Related questions

- [Which large banks are the leaders in AI?](https://www.bankingnewsai.com/banks/leaders/ai)
- [Which US banks with $100 billion to $500 billion in assets lead in AI?](https://www.bankingnewsai.com/banks/leaders/top-ai-banks-100-500bn)
- [Which large banks lead in technology?](https://www.bankingnewsai.com/banks/leaders/technology)
- [Which US banks with $50 billion to $100 billion in assets lead in AI?](https://www.bankingnewsai.com/banks/leaders/top-ai-banks-50-100bn)
- [Which US regional banks with $20 billion to $50 billion in assets lead in AI?](https://www.bankingnewsai.com/banks/leaders/top-ai-banks-20-50bn)
- [Which US community and mid-size banks under $20 billion in assets lead in AI?](https://www.bankingnewsai.com/banks/leaders/top-ai-banks-under-20bn)
- [Which non-US banking groups lead in AI?](https://www.bankingnewsai.com/banks/leaders/top-ai-banks-non-us)
- [Which UK banks lead in AI?](https://www.bankingnewsai.com/banks/leaders/top-ai-banks-uk)
- [All ranked answers](https://www.bankingnewsai.com/banks/leaders)

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