Ticker Launch

US IPO underwriters league table, 2024

The most active US IPO underwriters in 2024, ranked by deals led as lead-left underwriter. Goldman Sachs ranks first with 16 deals.

All years 2026 2025 2024 2023 2022 2021 2020 2019

#FirmDeals as lead-leftDeals in any roleProceeds of deals ledMedian deal led
1Goldman Sachs1623$5.83B$576.7M
2J.P. Morgan1123$3.4B$303.5M
3Morgan Stanley924$6.94B$394.6M
4Craft Capital78$30.8M$6M
5US Tiger68$30.1M$5M
6BofA Securities519$2.57B$180.3M
7ThinkEquity55$25M$8M
8Benchmark55$24.6M$9M
9Maxim Group44$34.1M$8.5M
10Kingswood45$12M$6M
11Jefferies312$409.7M$128.6M
12Barclays310$367.3M$183.7M
13WestPark33$18.3M$9.2M
14EF Hutton36$16M$8M
15Dominari33$14M$7M
16A.G.P.33$6.6M$6.6M
17Citigroup216$720M$360M
18Roth Capital23$10.3M$10.3M
19Revere24$10M$5M
20Newbridge22$6.8M$6.8M
21Dawson James22$5.1M$5.1M
22Deutsche Bank210——
23UBS112$260.4M$260.4M
24CIBC13$250.8M$250.8M
25Stifel111$215M$215M
26Raymond James18$112M$112M
27Piper Sandler16$40.7M$40.7M
28Cantor18$30M$30M
29Northland12$10M$10M
30WallachBeth Capital11$8.6M$8.6M
31Spartan Capital12$8M$8M
32Eddid11$7M$7M
33Brookline12$6.4M$6.4M
34Boustead11$6.2M$6.2M
35Network 111$5.4M$5.4M
36Aegis Capital11$4.2M$4.2M
37American Capital Partners11——
38Bancroft11——
39China11——
40TD Cowen111——

Lead-left is the first bank named on the final prospectus cover; proceeds (base deal, before the over-allotment) are credited in full to that bank. "Any role" counts every bank on the cover. Based on the 120 deals with underwriters on record.

Other tables: US IPO law firms · SPAC IPO underwriters · SPAC IPO law firms

Filter by sector, role and year in Ticker Launch

Subscribers can filter league tables by sector and role, see every deal behind each ranking, and download the data to Excel.