Banks North America (NAFTA) Industry Guide 2021-2030
The NAFTA Banks industry profile provides top-line qualitative and quantitative summary information including: market share, industry group size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry group.
Key Highlights
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The banks industry within the NAFTA countries had a total market value of $32,401.7 billion in 2025.The Mexico was the fastest growing country, with a CAGR of 10.1% over the 2021-25 period.
- Within the banks industry, the US is the leading country among the NAFTA bloc, with market revenues of $24,570.7 billion in 2025. This was followed by Canada and Mexico, with a value of $7,149.7 and $681.3 billion, respectively.
- The US is expected to lead the banks industry in the NAFTA bloc, with a value of $31,881.0 billion in 2030, followed by Canada and Mexico with expected values of $10,518.9 and $969.3 billion, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA banks industry group
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA banks industry group
- Leading company profiles reveal details of key banks industry group players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA banks industry group with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
- What was the size of the NAFTA banks industry group by value in 2025?
- What will be the size of the NAFTA banks industry group in 2030?
- What factors are affecting the strength of competition in the NAFTA banks industry group?
- How has the industry group performed over the last five years?
- Who are the top competitors in the NAFTA banks industry group?
1 INTRODUCTION
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA BANKS
2.1. Industry Outlook
3 BANKS IN CANADA
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 BANKS IN MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 BANKS IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. Royal Bank of Canada
9.2. Bank of Montreal
9.3. The Bank of Nova Scotia
9.4. Canadian Imperial Bank of Commerce
9.5. Societe Generale SA
9.6. Groupe BPCE
9.7. BNP Paribas SA
9.8. Commerzbank AG
9.9. KfW Group
9.10. Deutsche Bank AG
9.11. Cassa Depositi e Prestiti SpA
9.12. Intesa Sanpaolo SpA
9.13. UniCredit SpA
9.14. Banco BPM SpA
9.15. Mizuho Financial Group Inc
9.16. Sumitomo Mitsui Financial Group Inc
9.17. Mitsubishi UFJ Financial Group Inc
9.18. Japan Post Bank Co Ltd
9.19. National Clearing Centre
9.20. Sberbank Rossii
9.21. VTB Bank
9.22. Gazprombank
9.23. Barclays Plc
9.24. HSBC Holdings Plc
9.25. NatWest Group Plc
9.26. Lloyds Banking Group Plc
9.27. Citigroup Inc
9.28. Bank of America Corp
9.29. Wells Fargo & Co
9.30. JPMorgan Chase & Co
9.31. Banco Santander Mexico SA
9.32. Grupo Financiero Banorte SAB de CV
9.33. HSBC Mexico SA
9.34. Itau Unibanco Holding SA
9.35. Caixa Economica Federal
9.36. Agricultural Bank of China Ltd
9.37. Bank of China Ltd
9.38. Industrial and Commercial Bank of China Ltd
9.39. China Construction Bank Corp
9.40. State Bank of India
9.41. Axis Bank Ltd
9.42. ICICI Bank Ltd
9.43. HDFC Bank Ltd
9.44. FirstRand Ltd
9.45. Standard Bank Group Ltd
9.46. Nedbank Group Ltd
9.47. Absa Bank Ltd
9.48. POP Bank Group
9.49. Municipality Finance PLC
9.50. Nordea Bank Abp
9.51. OP Financial Group
9.52. PT Bank Mandiri (Persero) Tbk
9.53. PT Bank Tabungan Negara (Persero) Tbk
9.54. PT Bank Central Asia Tbk
9.55. PT Bank Rakyat Indonesia Persero Tbk
9.56. ABN AMRO Bank NV
9.57. BNG Bank NV
9.58. Cooperatieve Rabobank UA
9.59. ING Group NV
9.60. SpareBank 1 Sorost-Norge
9.61. DNB Bank ASA
9.62. Svenska Handelsbanken AB
9.63. Standard Chartered Bank (Singapore) Ltd
9.64. DBS Group Holdings Ltd
9.65. Oversea-Chinese Banking Corp Ltd
9.66. KB Kookmin Bank
9.67. Woori Financial Group Inc
9.68. Hana Financial Group Inc
9.69. Shinhan Financial Group Co Ltd
9.70. BBVA
9.71. Bankinter SA
9.72. Banco Santander SA
9.73. CaixaBank SA
9.74. Skandinaviska Enskilda Banken AB
9.75. Swedbank AB
9.76. Turkiye IS Bankasi AS
9.77. TC Ziraat Bankasi AS
9.78. Turkiye Halk Bankasi AS
9.79. Turkiye Vakiflar Bankasi Turk Anonim Ortaklig
9.80. National Australia Bank Ltd
9.81. ANZ Group Holdings Ltd
9.82. Commonwealth Bank of Australia
9.83. Westpac Banking Corp
9.84. The Nykredit Bank Group
9.85. Danske Bank AS
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA BANKS
2.1. Industry Outlook
3 BANKS IN CANADA
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 BANKS IN MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 BANKS IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. Royal Bank of Canada
9.2. Bank of Montreal
9.3. The Bank of Nova Scotia
9.4. Canadian Imperial Bank of Commerce
9.5. Societe Generale SA
9.6. Groupe BPCE
9.7. BNP Paribas SA
9.8. Commerzbank AG
9.9. KfW Group
9.10. Deutsche Bank AG
9.11. Cassa Depositi e Prestiti SpA
9.12. Intesa Sanpaolo SpA
9.13. UniCredit SpA
9.14. Banco BPM SpA
9.15. Mizuho Financial Group Inc
9.16. Sumitomo Mitsui Financial Group Inc
9.17. Mitsubishi UFJ Financial Group Inc
9.18. Japan Post Bank Co Ltd
9.19. National Clearing Centre
9.20. Sberbank Rossii
9.21. VTB Bank
9.22. Gazprombank
9.23. Barclays Plc
9.24. HSBC Holdings Plc
9.25. NatWest Group Plc
9.26. Lloyds Banking Group Plc
9.27. Citigroup Inc
9.28. Bank of America Corp
9.29. Wells Fargo & Co
9.30. JPMorgan Chase & Co
9.31. Banco Santander Mexico SA
9.32. Grupo Financiero Banorte SAB de CV
9.33. HSBC Mexico SA
9.34. Itau Unibanco Holding SA
9.35. Caixa Economica Federal
9.36. Agricultural Bank of China Ltd
9.37. Bank of China Ltd
9.38. Industrial and Commercial Bank of China Ltd
9.39. China Construction Bank Corp
9.40. State Bank of India
9.41. Axis Bank Ltd
9.42. ICICI Bank Ltd
9.43. HDFC Bank Ltd
9.44. FirstRand Ltd
9.45. Standard Bank Group Ltd
9.46. Nedbank Group Ltd
9.47. Absa Bank Ltd
9.48. POP Bank Group
9.49. Municipality Finance PLC
9.50. Nordea Bank Abp
9.51. OP Financial Group
9.52. PT Bank Mandiri (Persero) Tbk
9.53. PT Bank Tabungan Negara (Persero) Tbk
9.54. PT Bank Central Asia Tbk
9.55. PT Bank Rakyat Indonesia Persero Tbk
9.56. ABN AMRO Bank NV
9.57. BNG Bank NV
9.58. Cooperatieve Rabobank UA
9.59. ING Group NV
9.60. SpareBank 1 Sorost-Norge
9.61. DNB Bank ASA
9.62. Svenska Handelsbanken AB
9.63. Standard Chartered Bank (Singapore) Ltd
9.64. DBS Group Holdings Ltd
9.65. Oversea-Chinese Banking Corp Ltd
9.66. KB Kookmin Bank
9.67. Woori Financial Group Inc
9.68. Hana Financial Group Inc
9.69. Shinhan Financial Group Co Ltd
9.70. BBVA
9.71. Bankinter SA
9.72. Banco Santander SA
9.73. CaixaBank SA
9.74. Skandinaviska Enskilda Banken AB
9.75. Swedbank AB
9.76. Turkiye IS Bankasi AS
9.77. TC Ziraat Bankasi AS
9.78. Turkiye Halk Bankasi AS
9.79. Turkiye Vakiflar Bankasi Turk Anonim Ortaklig
9.80. National Australia Bank Ltd
9.81. ANZ Group Holdings Ltd
9.82. Commonwealth Bank of Australia
9.83. Westpac Banking Corp
9.84. The Nykredit Bank Group
9.85. Danske Bank AS
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
LIST OF TABLES
Table 1: NAFTA countries banks industry, revenue ($bn), 2021-30
Table 2: NAFTA countries banks industry, revenue ($bn), 2021-25
Table 3: NAFTA countries banks industry forecast, revenue ($bn), 2025-30
Table 4: Canada banks industry value: $ million, 2020-25
Table 5: Canada banks industry category segmentation: % share, by value, 2020-25
Table 6: Canada banks industry category segmentation: $ million, 2020-25
Table 7: Canada banks industry geography segmentation: $ million, 2025
Table 8: Canada banks industry share: % share, by value, 2025
Table 9: Canada banks industry value forecast: $ million, 2025-30
Table 10: Canada Size of Population (Million), 2021-25
Table 11: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 12: Canada GDP (Current Prices, $ Billion), 2021-25
Table 13: Canada Inflation, 2021-25
Table 14: Canada Consumer Price Index (Absolute), 2021-25
Table 15: Canada Exchange Rate, 2020-25
Table 16: Mexico banks industry value: $ million, 2020-25
Table 17: Mexico banks industry category segmentation: % share, by value, 2020-25
Table 18: Mexico banks industry category segmentation: $ million, 2020-25
Table 19: Mexico banks industry geography segmentation: $ million, 2025
Table 20: Mexico banks industry share: % share, by value, 2025
Table 21: Mexico banks industry value forecast: $ million, 2025-30
Table 22: Mexico Size of Population (Million), 2021-25
Table 23: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 24: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 25: Mexico Inflation, 2021-25
Table 26: Mexico Consumer Price Index (Absolute), 2021-25
Table 27: Mexico Exchange Rate, 2020-25
Table 28: United States banks industry value: $ million, 2020-25
Table 29: United States banks industry category segmentation: % share, by value, 2020-25
Table 30: United States banks industry category segmentation: $ million, 2020-25
Table 31: United States banks industry geography segmentation: $ million, 2025
Table 32: United States banks industry share: % share, by value, 2025
Table 33: United States banks industry value forecast: $ million, 2025-30
Table 34: United States Size of Population (Million), 2021-25
Table 35: United States Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 36: United States GDP (Current Prices, $ Billion), 2021-25
Table 37: United States Inflation, 2021-25
Table 38: United States Consumer Price Index (Absolute), 2021-25
Table 39: United States Exchange Rate, 2020-25
Table 1: NAFTA countries banks industry, revenue ($bn), 2021-30
Table 2: NAFTA countries banks industry, revenue ($bn), 2021-25
Table 3: NAFTA countries banks industry forecast, revenue ($bn), 2025-30
Table 4: Canada banks industry value: $ million, 2020-25
Table 5: Canada banks industry category segmentation: % share, by value, 2020-25
Table 6: Canada banks industry category segmentation: $ million, 2020-25
Table 7: Canada banks industry geography segmentation: $ million, 2025
Table 8: Canada banks industry share: % share, by value, 2025
Table 9: Canada banks industry value forecast: $ million, 2025-30
Table 10: Canada Size of Population (Million), 2021-25
Table 11: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 12: Canada GDP (Current Prices, $ Billion), 2021-25
Table 13: Canada Inflation, 2021-25
Table 14: Canada Consumer Price Index (Absolute), 2021-25
Table 15: Canada Exchange Rate, 2020-25
Table 16: Mexico banks industry value: $ million, 2020-25
Table 17: Mexico banks industry category segmentation: % share, by value, 2020-25
Table 18: Mexico banks industry category segmentation: $ million, 2020-25
Table 19: Mexico banks industry geography segmentation: $ million, 2025
Table 20: Mexico banks industry share: % share, by value, 2025
Table 21: Mexico banks industry value forecast: $ million, 2025-30
Table 22: Mexico Size of Population (Million), 2021-25
Table 23: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 24: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 25: Mexico Inflation, 2021-25
Table 26: Mexico Consumer Price Index (Absolute), 2021-25
Table 27: Mexico Exchange Rate, 2020-25
Table 28: United States banks industry value: $ million, 2020-25
Table 29: United States banks industry category segmentation: % share, by value, 2020-25
Table 30: United States banks industry category segmentation: $ million, 2020-25
Table 31: United States banks industry geography segmentation: $ million, 2025
Table 32: United States banks industry share: % share, by value, 2025
Table 33: United States banks industry value forecast: $ million, 2025-30
Table 34: United States Size of Population (Million), 2021-25
Table 35: United States Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 36: United States GDP (Current Prices, $ Billion), 2021-25
Table 37: United States Inflation, 2021-25
Table 38: United States Consumer Price Index (Absolute), 2021-25
Table 39: United States Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: NAFTA countries banks industry, revenue ($bn), 2021-30
Figure 2: NAFTA countries banks industry, revenue ($bn), 2021-25
Figure 3: NAFTA countries banks industry forecast, revenue ($bn), 2025-30
Figure 4: Canada banks industry value: $ million, 2020-25
Figure 5: Canada banks industry category segmentation: $ million, 2020-25
Figure 6: Canada banks industry geography segmentation: % share, by value, 2025
Figure 7: Canada banks industry share: % share, by value, 2025
Figure 8: Canada banks industry value forecast: $ million, 2025-30
Figure 9: Forces driving competition in the banks industry in Canada, 2025
Figure 10: Drivers of buyer power in the banks industry in Canada, 2025
Figure 11: Drivers of supplier power in the banks industry in Canada, 2025
Figure 12: Factors influencing the likelihood of new entrants in the banks industry in Canada, 2025
Figure 13: Factors influencing the threat of substitutes in the banks industry in Canada, 2025
Figure 14: Drivers of degree of rivalry in the banks industry in Canada, 2025
Figure 15: Mexico banks industry value: $ million, 2020-25
Figure 16: Mexico banks industry category segmentation: $ million, 2020-25
Figure 17: Mexico banks industry geography segmentation: % share, by value, 2025
Figure 18: Mexico banks industry share: % share, by value, 2025
Figure 19: Mexico banks industry value forecast: $ million, 2025-30
Figure 20: Forces driving competition in the banks industry in Mexico, 2025
Figure 21: Drivers of buyer power in the banks industry in Mexico, 2025
Figure 22: Drivers of supplier power in the banks industry in Mexico, 2025
Figure 23: Factors influencing the likelihood of new entrants in the banks industry in Mexico, 2025
Figure 24: Factors influencing the threat of substitutes in the banks industry in Mexico, 2025
Figure 25: Drivers of degree of rivalry in the banks industry in Mexico, 2025
Figure 26: United States banks industry value: $ million, 2020-25
Figure 27: United States banks industry category segmentation: $ million, 2020-25
Figure 28: United States banks industry geography segmentation: % share, by value, 2025
Figure 29: United States banks industry share: % share, by value, 2025
Figure 30: United States banks industry value forecast: $ million, 2025-30
Figure 31: Forces driving competition in the banks industry in the United States, 2025
Figure 32: Drivers of buyer power in the banks industry in the United States, 2025
Figure 33: Drivers of supplier power in the banks industry in the United States, 2025
Figure 34: Factors influencing the likelihood of new entrants in the banks industry in the United States, 2025
Figure 35: Factors influencing the threat of substitutes in the banks industry in the United States, 2025
Figure 36: Drivers of degree of rivalry in the banks industry in the United States, 2025
Figure 1: NAFTA countries banks industry, revenue ($bn), 2021-30
Figure 2: NAFTA countries banks industry, revenue ($bn), 2021-25
Figure 3: NAFTA countries banks industry forecast, revenue ($bn), 2025-30
Figure 4: Canada banks industry value: $ million, 2020-25
Figure 5: Canada banks industry category segmentation: $ million, 2020-25
Figure 6: Canada banks industry geography segmentation: % share, by value, 2025
Figure 7: Canada banks industry share: % share, by value, 2025
Figure 8: Canada banks industry value forecast: $ million, 2025-30
Figure 9: Forces driving competition in the banks industry in Canada, 2025
Figure 10: Drivers of buyer power in the banks industry in Canada, 2025
Figure 11: Drivers of supplier power in the banks industry in Canada, 2025
Figure 12: Factors influencing the likelihood of new entrants in the banks industry in Canada, 2025
Figure 13: Factors influencing the threat of substitutes in the banks industry in Canada, 2025
Figure 14: Drivers of degree of rivalry in the banks industry in Canada, 2025
Figure 15: Mexico banks industry value: $ million, 2020-25
Figure 16: Mexico banks industry category segmentation: $ million, 2020-25
Figure 17: Mexico banks industry geography segmentation: % share, by value, 2025
Figure 18: Mexico banks industry share: % share, by value, 2025
Figure 19: Mexico banks industry value forecast: $ million, 2025-30
Figure 20: Forces driving competition in the banks industry in Mexico, 2025
Figure 21: Drivers of buyer power in the banks industry in Mexico, 2025
Figure 22: Drivers of supplier power in the banks industry in Mexico, 2025
Figure 23: Factors influencing the likelihood of new entrants in the banks industry in Mexico, 2025
Figure 24: Factors influencing the threat of substitutes in the banks industry in Mexico, 2025
Figure 25: Drivers of degree of rivalry in the banks industry in Mexico, 2025
Figure 26: United States banks industry value: $ million, 2020-25
Figure 27: United States banks industry category segmentation: $ million, 2020-25
Figure 28: United States banks industry geography segmentation: % share, by value, 2025
Figure 29: United States banks industry share: % share, by value, 2025
Figure 30: United States banks industry value forecast: $ million, 2025-30
Figure 31: Forces driving competition in the banks industry in the United States, 2025
Figure 32: Drivers of buyer power in the banks industry in the United States, 2025
Figure 33: Drivers of supplier power in the banks industry in the United States, 2025
Figure 34: Factors influencing the likelihood of new entrants in the banks industry in the United States, 2025
Figure 35: Factors influencing the threat of substitutes in the banks industry in the United States, 2025
Figure 36: Drivers of degree of rivalry in the banks industry in the United States, 2025