2022 Banking Industry Survey

Navigating in choppy waters

Banks are facing competitive, economic, and geopolitical obstacles. Even so, there is optimism among senior executives at the largest U.S. banks about the future.

The 2022 KPMG State of Banking Survey features insights from 100 senior executives – many representing some of the largest banks in the industry with nearly 40 percent having assets totaling $100 billion or more.

Explore the findings


Credit risk is the number one threat to growth over the next three years.

Read more


60% are investing to develop digital and fintech capabilities.

Read more

Crypto / Digital assets

85% are offering or planning to offer digital wallets.

Read more



53% say failing to have a presence in the metaverse will result in significant market share loss.

Read more


81% of respondents think cybersecurity threats will increase as digital banking increases.

Read more


31% say M&A is one of their organizations top 5 priorities.

Read more



45% say banks lack the tech solutions to achieve climate ambitions.

Read more


61% say the Great Resignation is a significant concern.

Read more


56% say they are increasing their budget to expand tax department’s capabilities due to domestic and global tax reform

Read more

Contact us

Peter Torrente

Peter Torrente

National Sector Leader, Banking & Capital Markets, KPMG US

+1 212-872-5815