Quarterly loan growth at the top 10 U.S. banks bounced off the third quarter's multiyear low, hitting 2.9% year over year in the fourth quarter of 2017. The 10 largest banks reported $4.425 trillion in total loans and leases at Dec. 31, up from $4.381 trillion at Sept. 30 and $4.299 trillion at year-end 2016.
By comparison, year-over-year loan growth was 1.8% in the third quarter and 4.5% in the final quarter of 2016.
Closed-end first lien one- to four-family mortgage loans grew by 3.8% year over year at the 10 largest banks, with JPMorgan Chase Bank NA leading the pack at 9.3%. Home equity loans fell 11.2%, with all 10 banks reporting a drop year over year. JPMorgan also topped the charts here, posting a 14.4% decline since Dec. 31, 2016.
Among the "Big Four," Citibank NA reported the largest quarter-over-quarter increase in total loans at 2.5%, while loans at JPMorgan Chase Bank NA grew by 1.6% and loans at both Bank of America NA and Wells Fargo Bank NA grew by 0.9%.

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