Market Intelligence

Miami-Dade County, FL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › Miami-Port St. Lucie-Fort Lauderdale, FL › Miami-Dade County

Miami-Dade County, Florida, a core county of the Miami-Port St. Lucie-Fort Lauderdale, FL market, holds $210.9B in deposits across 58 insured institutions and 585 branches. Bank of America is the largest deposit holder at 13.4% share. The top three banks hold 33% of deposits, which places the county in the Fragmented band. Deposits have grown 17.7% since 2021 while the branch count fell by 4.7%. It produced $203.1B of real gross domestic product in 2024, ranking #13 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$203.1B
#13 of 1,523
Population
2,802,029
#7 of 1,523
GDP per Capita
$72,469
#174 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$210.9B
#15 of 1,523
Deposits per Capita
$75,276
#41 of 1,523
Deposits per Branch
$361M
#33 of 1,523
Competitive structure
Insured Institutions
58
#12 of 1,523
Branches per 100k Pop.
20.9
#940 of 1,523
Median Deposits per Institution
$1.1B
The median deposits booked by a single institution in the county. #4 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
46.9%
of county deposits held by banks with $100M to $100B in assets. #1,101 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: Fragmented
33%
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)+17.7% over 5 years
$179.2B
2021
$195.1B
2022
$193.2B
2023
$195.2B
2024
$202.5B
2025
$210.9B
2026

Branches: 614 in 2021 to 585 in 2026. Institutions: 55 to 58. Top-three share: 37% to 33%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Bank of America$28.4B13.4%66+4%
JPMorgan Chase Bank$23.5B11.1%77+28%
City National Bank of Florida$18.6B8.8%19+19%
Wells Fargo Bank$18.4B8.7%62-11%
BankUnited$17.1B8.1%15+79%
Citibank$15.9B7.5%30-7%
Truist Bank$7.8B3.7%40-3%
Amerant Bank$7.4B3.5%14+57%
Ocean Bank$6.1B2.9%21+45%
Bradesco Bank$5.0B2.4%1+170%
TD Bank$4.4B2.1%30+4%
Banesco USA$4.3B2.0%5+201%
First Horizon Bank$3.9B1.8%15-29%
Regions Bank$3.9B1.8%37-6%
HSBC Bank USA$3.8B1.8%2-39%
Popular Bank$3.8B1.8%10+51%
Safra National Bank of New York$3.5B1.7%2+35%
The Northern Trust Company$3.1B1.5%3+15%
Banco do Brasil Americas$2.8B1.3%2+412%
U. S. Century Bank$2.4B1.1%9+85%
Newtek Bank$2.2B1.1%1no 2021 presence
Pibank$2.1B1.0%2+499%
Israel Discount Bank of New York$2.0B0.9%1-14%
Valley National Bank$2.0B0.9%5-10%
FirstBank Puerto Rico$1.7B0.8%7+26%
Seacoast National Bank$1.5B0.7%7-42%
International Finance Bank$1.3B0.6%2+91%
Pacific National Bank$1.2B0.6%4+77%
Grove Bank & Trust$1.2B0.6%5+44%
Helm Bank USA$1.1B0.5%1+17%
SouthState Bank$950M0.5%6+12%
Interaudi Bank$856M0.4%1+8%
First-Citizens Bank & Trust Company$799M0.4%4-7%
Pinnacle Bank$796M0.4%6-33%
Terrabank$791M0.4%5+42%
First American Bank$763M0.4%6+51%
United Community Bank$699M0.3%3-21%
Bank OZK$678M0.3%5+110%
EverBank$585M0.3%1+53%
Sunstate Bank$503M0.2%3+16%
PNC Bank$499M0.2%16+349%
Centennial Bank$472M0.2%3+21%
Flagstar Bank$418M0.2%4+4%
Citizens Bank$382M0.2%4no 2021 presence
Interamerican Bank, A FSB$304M0.1%4+36%
BankMiami$281M0.1%1no 2021 presence
City National Bank$249M0.1%1+232%
Santander Bank$176M0.1%2+240%
Amerasia Bank$104M<0.1%3+50%
Anchor Bank$98M<0.1%1no 2021 presence
Metropolitan Commercial Bank$60M<0.1%1no 2021 presence
Eastern National Bank$58M<0.1%4-80%
Belmont Bank & Trust Company$45M<0.1%1no 2021 presence
OptimumBank$37M<0.1%1no 2021 presence
OneUnited Bank$21M<0.1%1-55%
Anthem Bank & Trust$15M<0.1%1-2%
Emigrant Bank<$1M<0.1%1-100%
BNY Mellon$0M0.0%1no 2021 presence

The 58 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

Miami-Dade 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 41.5% of the market’s output and holds 56.5% of its deposits.

MeasureMiami-Dade CountyShare of parent market
2024 GDP$203.1B41.5%
Deposits$210.9B56.5%
Population2,802,02938.6%

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

Recruiting in Miami-Dade County

Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. 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 Miami-Dade County.

See how we help banks recruit commercial banking talent

Other counties in the Miami-Port St. Lucie-Fort Lauderdale market

All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.