Market Intelligence

Miami-Port St. Lucie-Fort Lauderdale, FL

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

Miami-Port St. Lucie-Fort Lauderdale, FL, a Combined Statistical Area, holds $373.6 billion in deposits across 89 insured institutions and 1,503 branches, and ranks #12 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 15.5% share. The top three banks hold 38% of deposits, which places the market in the Fragmented band. Deposits have grown 9.3% since 2021 while the branch count fell by 7.1%.

Economic scale
2024 Real GDP
$489.3B
#12 of 293
Population
7.26M
#11 of 293
GDP per Capita
$67,431
#47 of 293
Deposit market
Deposits (SOD, 6/30/26)
$373.6B
#12 of 293
Deposits per Capita
$51,495
#21 of 293
Deposits per Branch
$249M
#28 of 293
Competitive structure
Insured Institutions
89
#13 of 293
Branches per 100k Pop.
20.7
#187 of 293
Median Deposits per Institution
$834M
The median deposits booked by a single institution in the market. #7 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
36.3%
of market deposits held by banks with $100M to $100B in assets. #234 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
38%
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) +9.3% over 5 years
$341.8B
2021
$376.8B
2022
$358.5B
2023
$353.9B
2024
$361.2B
2025
$373.6B
2026

Branches: 1,617 in 2021 to 1,503 in 2026. Institutions: 85 to 89. Top-three share: 43% to 38%. Average deposits per branch: $249M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
deposits
Bank of America$57.8B15.5%172-3%
JPMorgan Chase Bank$45.7B12.2%186+16%
Wells Fargo Bank$40.3B10.8%177-17%
Truist Bank$23.1B6.2%131-4%
Citibank$22.3B6.0%56-1%
City National Bank of Florida$21.4B5.7%27+29%
BankUnited$19.8B5.3%38+45%
TD Bank$12.5B3.3%87-3%
PNC Bank$12.3B3.3%85+34%
Amerant Bank$8.2B2.2%22+61%
Seacoast National Bank$7.7B2.1%38-5%
First Horizon Bank$6.9B1.8%34-23%
Ocean Bank$6.2B1.7%24+46%
Regions Bank$5.6B1.5%60-6%
The Northern Trust Company$5.2B1.4%11+1%
Bradesco Bank$5.0B1.3%1+170%
Banesco USA$4.3B1.1%5+201%
SouthState Bank$4.1B1.1%23+11%
Popular Bank$4.0B1.1%12+53%
Valley National Bank$3.9B1.1%14+3%
HSBC Bank USA$3.8B1.0%2-43%
Centennial Bank$3.7B1.0%28-1%
Safra National Bank of New York$3.5B0.9%3+36%
Flagstar Bank$3.3B0.9%25+8%
Pinnacle Bank$3.2B0.9%22-31%
Fifth Third Bank$2.9B0.8%36+152%
Banco do Brasil Americas$2.9B0.8%3+373%
U. S. Century Bank$2.5B0.7%10+72%
Newtek Bank$2.2B0.6%1no 2021 presence
Pibank$2.1B0.6%2+499%
Israel Discount Bank of New York$2.0B0.5%1-14%
FirstBank Puerto Rico$2.0B0.5%9+6%
EverBank$1.6B0.4%3+23%
First-Citizens Bank & Trust Company$1.5B0.4%9+12%
Citizens Bank$1.5B0.4%7no 2021 presence
International Finance Bank$1.3B0.4%2+91%
Pacific National Bank$1.3B0.4%6+90%
United Community Bank$1.2B0.3%8-22%
OptimumBank$1.2B0.3%4+398%
Grove Bank & Trust$1.2B0.3%5+44%
Helm Bank USA$1.1B0.3%1+17%
Third Federal Savings and Loan Association of Cleveland$1.1B0.3%6+11%
First State Bank$1.1B0.3%90%
Interaudi Bank$856M0.2%1+8%
Bank OZK$834M0.2%7+79%
Terrabank$791M0.2%5+42%
First American Bank$763M0.2%6+51%
Sunstate Bank$503M0.1%3+16%
Anchor Bank$481M0.1%6+189%
Paradise Bank$381M0.1%3+8%
Locality Bank$346M0.1%1no 2021 presence
ConnectOne Bank$322M0.1%1no 2021 presence
Interamerican Bank, A FSB$307M0.1%5+35%
Desjardins Bank$293M0.1%2+25%
BankMiami$281M0.1%1no 2021 presence
Evermore Bank$269M0.1%2no 2021 presence
City National Bank$249M0.1%1+232%
First American Trust, FSB$242M0.1%1no 2021 presence
First National Bank of Coffee County$237M0.1%4+93%
Manufacturers and Traders Trust Company$205M0.1%2+41%
Amerasia Bank$185M<0.1%4+57%
Natbank$184M<0.1%3+7%
Santander Bank$176M<0.1%2+240%
NBH Bank$176M<0.1%1no 2021 presence
Bank of Belle Glade$145M<0.1%1+13%
Beal Bank USA$120M<0.1%1+32%
CIBC Bank USA$107M<0.1%1no 2021 presence
Commerce Bank$107M<0.1%1+8%
Cypress Bank & Trust$86M<0.1%2no 2021 presence
BankFlorida$77M<0.1%1-25%
U.S. Bank$63M<0.1%1+513%
Metropolitan Commercial Bank$60M<0.1%2no 2021 presence
Eastern National Bank$58M<0.1%4-80%
TrustCo Bank$48M<0.1%3-13%
Belmont Bank & Trust Company$45M<0.1%1no 2021 presence
Gulf Atlantic Bank$45M<0.1%1-5%
First Bank$37M<0.1%1+343%
First Bank$32M<0.1%1+21%
OneUnited Bank$21M<0.1%1-55%
Old Dominion National Bank$21M<0.1%1no 2021 presence
Capital Bank$19M<0.1%1no 2021 presence
Anthem Bank & Trust$15M<0.1%1-2%
First Southern Bank$12M<0.1%1no 2021 presence
KeyBank$9M<0.1%1+12%
Emigrant Bank<$1M<0.1%2-100%
Wilmington Savings Fund Society, FSB$0M0.0%1no 2021 presence
Wilmington Trust$0M0.0%4no 2021 presence
BNY Mellon$0M0.0%2no 2021 presence
CIBC National Trust Company$0M0.0%1no 2021 presence

The 89 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
Miami-Dade CountyFlorida$203.1B2,802,02941.5%56.5%
Broward CountyFlorida$136.6B2,013,31727.9%19.0%
Palm Beach CountyFlorida$110.5B1,575,72622.6%17.9%
St. Lucie CountyFlorida$12.8B402,4492.6%1.6%
Martin CountyFlorida$9.6B166,2722.0%2.0%
Indian River CountyFlorida$8.0B172,7991.6%1.5%
Monroe CountyFlorida$6.4B80,4061.3%1.2%
Okeechobee CountyFlorida$2.2B42,6080.4%0.3%

Recruiting in the Miami-Port St. Lucie-Fort Lauderdale 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.