Market Intelligence

Cape Coral-Fort Myers-Naples, FL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › Cape Coral-Fort Myers-Naples, FL

Cape Coral-Fort Myers-Naples, FL, a Combined Statistical Area, holds $41.0 billion in deposits across 46 insured institutions and 294 branches, and ranks #54 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 12.8% share. The top three banks hold 37% of deposits, which places the market in the Fragmented band. Deposits have declined 8.0% since 2021 while the branch count fell by 8.1%.

Economic scale
2024 Real GDP
$71.6B
#54 of 293
Population
1.35M
#49 of 293
GDP per Capita
$52,842
#152 of 293
Deposit market
Deposits (SOD, 6/30/26)
$41.0B
#52 of 293
Deposits per Capita
$30,286
#115 of 293
Deposits per Branch
$140M
#76 of 293
Competitive structure
Insured Institutions
46
#41 of 293
Branches per 100k Pop.
21.7
#178 of 293
Median Deposits per Institution
$391M
The median deposits booked by a single institution in the market. #44 of 293. 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
31.8%
of market deposits held by banks with $100M to $100B in assets. #255 of 293. 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
37%
The combined deposit share of the top three banks by deposits in the market. A lower share means deposits are spread across more institutions.

Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.

Deposit trend

Market Deposits (SOD, 2021 to 2026) -8.0% over 5 years
$44.6B
2021
$46.6B
2022
$43.3B
2023
$43.4B
2024
$41.8B
2025
$41.0B
2026

Branches: 320 in 2021 to 294 in 2026. Institutions: 41 to 46. Top-three share: 37% to 37%. Average deposits per branch: $140M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
deposits
Bank of America$5.3B12.8%28-15%
Wells Fargo Bank$5.2B12.7%32-8%
Fifth Third Bank$4.7B11.4%37-3%
JPMorgan Chase Bank$3.8B9.3%29+22%
Truist Bank$3.0B7.3%23-19%
First Horizon Bank$2.1B5.2%16-35%
Commerce Bank$1.7B4.1%9-12%
EverBank$1.4B3.3%2+8%
Sunflower Bank$1.3B3.3%6-30%
Pinnacle Bank$1.1B2.6%8-14%
Regions Bank$1.1B2.6%13-12%
Sanibel Captiva Community Bank$806M2.0%8+10%
The Northern Trust Company$788M1.9%4-7%
KeyBank$773M1.9%2-71%
First Bank$695M1.7%6+39%
BMO Bank$685M1.7%4+39%
PNC Bank$638M1.6%6+12%
Bank OZK$635M1.5%6+51%
Cogent Bank$529M1.3%2+481%
Valley National Bank$507M1.2%4+36%
Third Federal Savings and Loan Association of Cleveland$493M1.2%2+17%
TD Bank$416M1.0%4+106%
Edison National Bank$399M1.0%4-16%
First-Citizens Bank & Trust Company$383M0.9%5+15%
Centennial Bank$337M0.8%4-29%
BankUnited$295M0.7%3-36%
Busey Bank$288M0.7%2-11%
American Momentum Bank$244M0.6%2+39%
United Fidelity Bank, fsb$229M0.6%1+373%
Lake Forest Bank & Trust Company$229M0.6%3+187%
Seacoast National Bank$178M0.4%2+115%
Flagstar Bank$163M0.4%2+31%
Gulf Coast Business Bank$160M0.4%1no 2021 presence
The Huntington National Bank$133M0.3%1+170%
IncredibleBank$90M0.2%2no 2021 presence
United Community Bank$87M0.2%1no 2021 presence
Crews Bank & Trust$80M0.2%1-2%
U.S. Bank$50M0.1%1+155%
Nicolet National Bank$49M0.1%1-67%
The Central Trust Bank$33M0.1%1no 2021 presence
Citizens Bank$25M0.1%1no 2021 presence
Natbank$23M0.1%1no 2021 presence
Meridian Bank$17M<0.1%1no 2021 presence
Wilmington Trust$0M0.0%1no 2021 presence
Manufacturers and Traders Trust Company$0M0.0%1no 2021 presence
BNY Mellon$0M0.0%1no 2021 presence

The 46 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s 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 market that year. Deposit figures are nominal and are not adjusted for inflation.

Counties in this market

CountyStateGDP PopulationShare of Market GDP Share of Market Deposits
Lee CountyFlorida$41.9B875,60758.6%51.5%
Collier CountyFlorida$27.8B417,13138.9%46.7%
Hendry CountyFlorida$1.5B48,2762.0%1.7%
Glades CountyFlorida$353M13,2700.5%0.1%

Recruiting in the Cape Coral-Fort Myers-Naples market

No single institution dominates deposits here, which often means more competitors of a size where a well-positioned team has room to compete. 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 this one.

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Other markets in Florida

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.