Construction financing remains distributed across national banks, regional institutions and specialized CRE lenders. BestCRE’s ranking identifies the 50 banks reporting the largest balances of construction, land development and other land loans as of June 30, 2026. Together, these banks held $207.9 billion in that category and $1.33 trillion in total commercial real estate loans. The broader banking system included 4,167 banks with $3.07 trillion in total CRE loans. The ranking is based on FDIC Call Reports, formally the Reports of Condition and Income, schedule RC-C, together with the FDIC Summary of Deposits 2026.
The construction balance establishes the order, but borrowers should examine the full loan mix before deciding which institutions to contact. The table separates construction and land, multifamily, owner occupied, and investor nonfarm nonresidential balances. It also reports annual CRE growth, CRE as a share of total loans, and investor CRE relative to total equity capital. These measures provide different views of lending activity and portfolio concentration. They do not describe current underwriting, pricing or availability for a particular project. Bank lending is relationship driven and local, so a large reported balance is a useful starting point rather than evidence that a bank will finance every property or market.
Banks ranked by construction and land loans
| Rank | Bank | Headquarters | Total CRE loans ($M) | Construction and land ($M) | Multifamily ($M) | Owner occupied ($M) | Change, 1 year | CRE share of loans |
|---|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, N.A. | Columbus, OH | $179,847 | $18,789 | $107,317 | $14,363 | +4.6% | 11.5% |
| 2 | Wells Fargo Bank, N.A. | Sioux Falls, SD | $121,623 | $12,464 | $26,549 | $17,825 | +0.3% | 12.2% |
| 3 | Bank of America, N.A. | Charlotte, NC | $79,906 | $9,681 | $8,465 | $24,700 | +6.1% | 6.6% |
| 4 | U.S. Bank, N.A. | Cincinnati, OH | $50,718 | $9,378 | $14,458 | $9,005 | +10.2% | 12.3% |
| 5 | Citibank, N.A. | Sioux Falls, SD | $26,036 | $7,993 | $8,259 | $845 | +2.9% | 3.4% |
| 6 | Fifth Third Bank, N.A. | Cincinnati, OH | $33,581 | $7,971 | $4,143 | $11,997 | +104.4% | 18.7% |
| 7 | Truist Bank | Charlotte, NC | $51,018 | $7,610 | $8,652 | $17,780 | +4.9% | 15.4% |
| 8 | First-Citizens Bank & Trust Company | Raleigh, NC | $38,808 | $7,338 | $2,967 | $16,840 | +0.9% | 25.7% |
| 9 | Bank OZK | Little Rock, AR | $18,141 | $6,943 | $2,545 | $852 | -16.1% | 55.7% |
| 10 | Pinnacle Bank | Nashville, TN | $36,789 | $5,890 | $4,865 | $9,453 | +123.7% | 41.5% |
| 11 | The Huntington National Bank | Columbus, OH | $37,932 | $5,322 | $4,884 | $13,331 | +109.8% | 19.8% |
| 12 | PNC Bank, N.A. | Wilmington, DE | $47,133 | $5,261 | $14,980 | $10,376 | +14.3% | 12.8% |
| 13 | Citizens Bank, N.A. | Providence, RI | $26,949 | $4,746 | $8,036 | $4,002 | -7.4% | 18.1% |
| 14 | BMO Bank, N.A. | Chicago, IL | $28,802 | $4,486 | $3,158 | $8,136 | +3.8% | 20.3% |
| 15 | Santander Bank, N.A. | Wilmington, DE | $17,133 | $4,384 | $9,375 | $955 | -7.7% | 29.0% |
| 16 | TD Bank, N.A. | Wilmington, DE | $30,408 | $4,311 | $6,714 | $6,837 | -3.6% | 18.4% |
| 17 | Goldman Sachs Bank USA | New York, NY | $13,518 | $4,183 | $2,238 | $118 | +5.2% | 5.4% |
| 18 | Western Alliance Bank | Phoenix, AZ | $15,781 | $4,085 | $649 | $1,465 | -3.1% | 24.1% |
| 19 | Manufacturers and Traders Trust Company | Buffalo, NY | $34,665 | $3,351 | $7,115 | $10,556 | +0.6% | 24.2% |
| 20 | United Bank | Fairfax, VA | $14,204 | $3,336 | $2,437 | $2,171 | +3.2% | 56.7% |
| 21 | Zions Bancorporation, N.A. | Salt Lake City, UT | $23,684 | $3,223 | $3,562 | $8,635 | +2.0% | 37.9% |
| 22 | Prosperity Bank | El Campo, TX | $10,365 | $3,144 | $680 | $2,593 | +19.1% | 41.4% |
| 23 | SouthState Bank, N.A. | Winter Haven, FL | $28,266 | $2,928 | $2,717 | $7,848 | +6.9% | 55.2% |
| 24 | UMB Bank, N.A. | Kansas City, MO | $15,713 | $2,927 | $1,725 | $5,005 | +2.5% | 38.2% |
| 25 | KeyBank, N.A. | Cleveland, OH | $17,153 | $2,896 | $5,445 | $3,010 | +1.5% | 15.3% |
| 26 | City National Bank | Los Angeles, CA | $16,549 | $2,834 | $2,698 | $4,414 | +5.7% | 23.9% |
| 27 | Regions Bank | Birmingham, AL | $16,257 | $2,808 | $3,875 | $5,383 | +7.0% | 16.3% |
| 28 | Centennial Bank | Conway, AR | $9,940 | $2,780 | $1,270 | $1,838 | +12.5% | 58.3% |
| 29 | Frost Bank | San Antonio, TX | $10,734 | $2,736 | $239 | $4,370 | +9.0% | 46.7% |
| 30 | First National Bank of Pennsylvania | Greenville, PA | $12,016 | $2,660 | $885 | $3,308 | -4.7% | 33.4% |
| 31 | Glacier Bank | Kalispell, MT | $12,859 | $2,660 | $1,076 | $3,928 | +19.2% | 60.1% |
| 32 | Simmons Bank | Pine Bluff, AR | $10,727 | $2,575 | $812 | $2,358 | +5.1% | 59.3% |
| 33 | Associated Bank, N.A. | Green Bay, WI | $10,594 | $2,546 | $2,463 | $1,575 | +25.8% | 29.0% |
| 34 | Valley National Bank | Passaic, NJ | $30,353 | $2,484 | $9,034 | $7,688 | +5.2% | 57.8% |
| 35 | Old National Bank | Evansville, IN | $23,021 | $2,446 | $5,855 | $5,966 | +3.2% | 45.3% |
| 36 | Banco Bilbao Vizcaya, S.a. | NEW YORK CITY, NY | $2,576 | $2,268 | $308 | $0.0 | +84.1% | 6.6% |
| 37 | CIBC Bank USA | Chicago, IL | $18,426 | $2,120 | $3,990 | $4,438 | +22.1% | 42.5% |
| 38 | Columbia Bank | Roseburg, OR | $26,361 | $2,030 | $10,274 | $6,893 | +36.5% | 55.8% |
| 39 | Arvest Bank | Fayetteville, AR | $7,489 | $2,021 | $754 | $1,484 | +11.1% | 36.6% |
| 40 | Renasant Bank | Tupelo, MS | $11,354 | $2,013 | $1,158 | $3,221 | +4.0% | 58.4% |
| 41 | Merchants Bank of Indiana | Carmel, IN | $6,783 | $1,995 | $3,329 | $746 | +3.8% | 39.1% |
| 42 | Capital One, N.A. | Mclean, VA | $24,111 | $1,952 | $6,939 | $1,226 | -2.2% | 5.3% |
| 43 | Bank Hapoalim B.M. | New York, NY | $2,983 | $1,919 | $1,064 | $0.0 | +20.0% | 34.7% |
| 44 | First National Bank of Omaha | Omaha, NE | $6,021 | $1,882 | $610 | $1,515 | +6.7% | 24.6% |
| 45 | Banc of California | Los Angeles, CA | $11,904 | $1,867 | $5,882 | $1,509 | -11.4% | 47.4% |
| 46 | Atlantic Union Bank | Richmond City, VA | $15,900 | $1,859 | $2,429 | $4,308 | +3.4% | 55.4% |
| 47 | International Bank of Commerce | Laredo, TX | $4,813 | $1,749 | $807 | $416 | +9.2% | 66.6% |
| 48 | Ameris Bank | Atlanta, GA | $10,821 | $1,703 | $2,010 | $1,895 | +5.6% | 47.8% |
| 49 | Banner Bank | Walla Walla, WA | $7,532 | $1,697 | $1,032 | $2,501 | +4.1% | 62.7% |
| 50 | Webster Bank, N.A. | STAMFORD, CT | $22,551 | $1,695 | $7,695 | $2,434 | +5.8% | 39.0% |
Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record.
JPMorgan Chase leads with $18.8 billion in construction and land loans, ahead of Wells Fargo at $12.5 billion, Bank of America at $9.7 billion and U.S. Bank at $9.4 billion. Their broader CRE mixes differ materially. JPMorgan reports $107.3 billion in multifamily loans, while Wells Fargo reports $64.8 billion in investor nonfarm nonresidential loans. Citibank ranks fifth in construction and land at $8.0 billion despite ranking 19 in total CRE. Growth also varies: Pinnacle Bank reports +123.7% annual CRE growth, while Bank OZK reports -16.1%. Concentration provides another distinction. Bank OZK reports CRE equal to 55.7% of loans and investor CRE to equity of 2.75x, both high relative to many banks in the table. Bank of America reports corresponding figures of 6.6% and 0.23x.
Use reported scale as the starting point for a loan search
A large construction and land balance can indicate appetite for the category and capacity to hold loans, but the ranking should be used as a screening tool. Borrowers can begin with banks near the top, then compare the property type, market and relationship requirements relevant to the project. Total CRE size adds context. Truist Bank, for example, reports $51.0 billion in total CRE loans and $7.6 billion in construction and land loans, while Bank OZK reports $18.1 billion and $6.9 billion, respectively. Similar construction rankings can therefore sit within very different overall CRE books.
Borrowers should also review annual growth and headquarters location before making calls. Positive growth shows which banks are adding CRE loans at the reporting date, although it does not establish current approval standards. U.S. Bank reports +10.2% growth, while Citizens Bank reports -7.4%. Headquarters can help identify institutions with an established regional connection, but it is not a complete map of lending coverage. A productive search usually includes several banks, with questions focused on current interest in the project type, geography and requested loan size. Reported balances establish scale, not a commitment to lend.
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Tell Us About Your DealHow BestCRE Capital WorksLoan mix and concentration identify different CRE profiles
The component balances show where each bank’s reported CRE exposure is concentrated. JPMorgan’s $179.8 billion CRE book includes $107.3 billion of multifamily loans, while Wells Fargo’s $121.6 billion book includes $64.8 billion of investor nonfarm nonresidential loans. Fifth Third reports $12.0 billion of owner occupied loans within a $33.6 billion CRE portfolio. Santander reports $9.4 billion of multifamily loans and $4.4 billion of construction and land loans within a $17.1 billion CRE book. These differences help borrowers distinguish institutions whose balance sheets show greater activity in one category from those with a broader mix.
CRE share of loans and investor CRE to equity provide complementary measures of concentration. Citibank reports CRE at 3.4% of total loans and investor CRE to equity of 0.15x. International Bank of Commerce reports 66.6% and 2.13x. A high ratio relative to other banks in the table can signal that an institution may be selective as it manages exposure. A low ratio can indicate more balance sheet room in relative terms, but it does not establish lending intent. The measures are most useful when read alongside absolute construction balances, annual growth and loan mix rather than treated as stand-alone approval indicators.
Compare banks with other sources of construction capital
The table covers banks reporting to the FDIC, not every source of commercial real estate debt. Borrowers may also consider debt funds, life companies, CMBS, agency lenders and SBA lenders where those channels fit the transaction. These lender types do not appear in bank call reports, so their absence from the ranking should not be read as a statement about their activity. An out of state bank may also be relevant when it has a local branch or lending presence. The table reports bank headquarters, while the FDIC Summary of Deposits 2026 supplies the separate deposit office framework used for geographic research.
Comparing several sources matters because reported portfolio scale does not reveal current terms, execution requirements or whether a lender is active in a specific submarket. A bank with a large construction balance may be a logical call, while a smaller bank with a locally relevant CRE mix may also merit consideration. Nonbank sources can broaden the search beyond institutions constrained by bank portfolio considerations. Borrowers can use the ranking to assemble an initial bank list, then compare that group with applicable nonbank channels. The objective is to test multiple sources against the same project facts rather than infer availability from a single balance sheet measure.
Frequently Asked Questions
Which bank is the largest construction loan lender in 2026?
JPMorgan Chase Bank, N.A. ranks first, reporting $18.8 billion in construction, land development and other land loans as of June 30, 2026. It also reports $179.8 billion in total CRE loans, including $107.3 billion in multifamily, $14.4 billion in owner occupied and $39.4 billion in investor nonfarm nonresidential loans. Its CRE portfolio increased +4.6% from the prior year and represented 11.5% of total loans. The ranking reflects reported balance sheet holdings, so it identifies scale rather than the terms or availability of a current construction loan program.
Does the construction loan ranking include land loans?
Yes. The FDIC Call Report category used for this ranking includes construction, land development and other land loans. The table therefore helps answer which banks report the largest land lending balances as well as construction balances. Citibank and Fifth Third each report $8.0 billion in the category, placing them fifth and sixth, respectively. The category is broader than financing for buildings already under construction, so borrowers should not assume that every reported dollar represents the same project type. A lender must still confirm whether a specific land or development request fits its current lending criteria.
How current are the bank construction lending figures?
The bank balances are as of June 30, 2026 and come from FDIC Call Reports, formally the Reports of Condition and Income, schedule RC-C. BestCRE also uses the FDIC Summary of Deposits 2026 for deposit office information. Call reports provide a consistent basis for comparing regulated banks at the same reporting date, but they are a balance sheet snapshot rather than a live indication of loan availability. The table includes annual CRE change to show direction at that date. For example, Associated Bank reports +25.8% growth, while Banc of California reports -11.4%.
Which banks show the fastest CRE growth in the ranking?
Pinnacle Bank reports +123.7% annual CRE growth, the highest stated change among the ranked banks, followed by The Huntington National Bank at +109.8% and Fifth Third Bank at +104.4%. Banco Bilbao Vizcaya reports +84.1%. Growth can identify institutions adding CRE balances, but it should be interpreted with portfolio size and mix. Pinnacle reports $36.8 billion in total CRE loans and $5.9 billion in construction and land loans. Banco Bilbao Vizcaya reports $2.6 billion in total CRE loans, of which $2.3 billion is construction and land. Growth alone does not indicate current credit terms or project eligibility.
What benchmark rates provide context for construction lending in 2026?
As of Oct 26, 2026, the Prime rate was 7.00%, SOFR was 3.89%, the 5 year Treasury was 4.78%, the 10 year Treasury was 4.96% and Fed funds was 3.88%. These benchmarks provide market context, but the ranking does not report bank construction loan rates, spreads or fees. A bank’s reported construction balance also does not establish how it prices a specific transaction. Borrowers should request current proposals from several applicable lenders and compare the complete economics and structure. The benchmark date differs from the June 30, 2026 reporting date used for bank loan balances.
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BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.