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SNL Financials Bank Deposit Market Share Ranking Shows Bank of America...



SNL Financial (www.snl.com) exclusively tracks market share on a pro forma basis, accounting for pending and completed mergers.



Among other highlights from SNL's pro forma analysis of the FDIC's 2007 summary of deposits: Wachovia returned to No. 3 in the deposit rankings with 5.86% of U.S. market share, after falling behind Wells Fargo & Co. in 2006. JPMorgan Chase & Co. held on to second place with 7.01% of U.S. market share. Capital One's purchase of North Fork Bancorp. Inc. helped it move into the top 25 this year.



"The release of this data shows that with the recent LaSalle deal, Bank of America is quickly approaching the 10% national market share deposit threshold. The data highlights this fact and puts BofA under a microscope. We will continue our tracking as we may see BofA divest its branches in slower growth markets in the near future," said Kris Niswander, SNL's senior industry analyst.



SNL (www.snl.com)


SNL collects, standardizes and disseminates all relevant corporate, financial, market and M&A data -- plus news and analysis -- for the Energy, Banking, Specialized Financial Services, Insurance, Real Estate and Media & Communications industries. For more information, visit www.snl.com



SNL Financial * One SNL Plaza * Charlottesville, VA * 22902 * 434.977.1600


Other office locations: Ahmedabad, India; Arlington, VA; Islamabad, Pakistan; Jersey City, NJ; London, England; Monterey, CA; New York, NY






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