Market Intelligence

Broward County, FL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Broward County, Florida, a core county of the Miami-Port St. Lucie-Fort Lauderdale, FL market, holds $71.0B in deposits across 43 insured institutions and 368 branches. Bank of America is the largest deposit holder at 22.2% share. The top three banks hold 50% of deposits, which places the county in the Moderate band. Deposits have grown 0.8% since 2021 while the branch count fell by 11.3%. It produced $136.6B of real gross domestic product in 2024, ranking #25 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$136.6B
#25 of 1,523
Population
2,013,317
#17 of 1,523
GDP per Capita
$67,873
#220 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$71.0B
#40 of 1,523
Deposits per Capita
$35,258
#270 of 1,523
Deposits per Branch
$193M
#114 of 1,523
Competitive structure
Insured Institutions
43
#28 of 1,523
Branches per 100k Pop.
18.3
#1,120 of 1,523
Median Deposits per Institution
$407M
The median deposits booked by a single institution in the county. #76 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
18.8%
of county deposits held by banks with $100M to $100B in assets. #1,436 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Moderate
50%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2021 to 2026)+0.8% over 5 years
$70.4B
2021
$80.8B
2022
$71.9B
2023
$68.9B
2024
$69.5B
2025
$71.0B
2026

Branches: 415 in 2021 to 368 in 2026. Institutions: 44 to 43. Top-three share: 56% to 50%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Bank of America$15.8B22.2%52-5%
JPMorgan Chase Bank$10.2B14.4%45+17%
Truist Bank$9.8B13.8%41+1%
Wells Fargo Bank$9.5B13.4%50-27%
Citibank$3.7B5.3%16+38%
TD Bank$2.7B3.8%230%
Centennial Bank$1.8B2.5%13-6%
BankUnited$1.7B2.4%13-29%
Flagstar Bank$1.4B1.9%8+13%
PNC Bank$1.3B1.8%200%
Pinnacle Bank$1.3B1.8%6-21%
Fifth Third Bank$1.3B1.8%11+181%
OptimumBank$1.2B1.7%3+383%
City National Bank of Florida$1.2B1.6%5+137%
Regions Bank$1.1B1.6%14+4%
First Horizon Bank$1.0B1.4%3+31%
The Northern Trust Company$659M0.9%1+2%
Amerant Bank$588M0.8%5+81%
Valley National Bank$493M0.7%2+2%
EverBank$471M0.7%1+4%
United Community Bank$447M0.6%2-17%
SouthState Bank$407M0.6%3+13%
Locality Bank$346M0.5%1no 2021 presence
Seacoast National Bank$315M0.4%4-26%
Third Federal Savings and Loan Association of Cleveland$303M0.4%2+18%
Desjardins Bank$293M0.4%2+32%
First-Citizens Bank & Trust Company$237M0.3%2+50%
Evermore Bank$232M0.3%1no 2021 presence
FirstBank Puerto Rico$218M0.3%2-53%
Popular Bank$146M0.2%2+158%
Natbank$140M0.2%2-13%
U. S. Century Bank$127M0.2%1-28%
Bank OZK$108M0.2%1-25%
Banco do Brasil Americas$97M0.1%1+287%
Citizens Bank$92M0.1%1no 2021 presence
First National Bank of Coffee County$89M0.1%1+48%
Ocean Bank$83M0.1%2+72%
Amerasia Bank$81M0.1%1+68%
Paradise Bank$50M0.1%1-9%
Anchor Bank$38M0.1%1+9%
Pacific National Bank$34M<0.1%1no 2021 presence
Capital Bank$19M<0.1%1no 2021 presence
First State Bank$0M0.0%1no 2021 presence

The 43 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

Part of the Miami-Port St. Lucie-Fort Lauderdale market

Broward County is one of 8 counties that make up the Miami-Port St. Lucie-Fort Lauderdale, FL market, a Combined Statistical Area (ranked #12 of 293 U.S. markets by economic output). It produces 27.9% of the market’s output and holds 19.0% of its deposits.

MeasureBroward CountyShare of parent market
2024 GDP$136.6B27.9%
Deposits$71.0B19.0%
Population2,013,31727.7%

View the full Miami-Port St. Lucie-Fort Lauderdale market profile →

Recruiting in Broward County

Deposits are split among a moderate number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Broward County.

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