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US IPO underwriters league table, 2019

The most active US IPO underwriters in 2019, ranked by deals led as lead-left underwriter. Goldman Sachs ranks first with 27 deals.

All years 2026 2025 2024 2023 2022 2021 2020 2019

#FirmDeals as lead-leftDeals in any roleProceeds of deals ledMedian deal led
1Goldman Sachs2746$13.16B$216.1M
2Morgan Stanley2342$14.94B$220.1M
3J.P. Morgan2043$6.09B$167.6M
4Credit Suisse932$2.26B$207.9M
5Citigroup831$1.08B$99.6M
6Leerink Partners615$670.1M$74M
7Jefferies627$552.5M$80.2M
8Barclays524$845.3M$84.4M
9Raymond James415$228.7M$60.1M
10Maxim Group47$44.3M$11M
11BofA Securities311$269.9M$84.9M
12Stifel323$237.3M$76.5M
13CICC29$166.9M$83.5M
14Roth Capital27$72.8M$36.4M
15Oppenheimer212$69.8M$34.9M
16Cantor23$57.5M$28.8M
17Benchmark22$9.6M$4.8M
18Deutsche Bank113$179.4M$179.4M
19Loop Capital14$174M$174M
20TD Cowen120$102M$102M
21National13$89.1M$89.1M
22Boustead12$61.9M$61.9M
23UBS121$43.8M$43.8M
24BMO Capital Markets111$40.6M$40.6M
25B. Riley13$35M$35M
26FIG Partners11$27M$27M
27Northland12$25M$25M
28Network 111$24M$24M
29A.G.P.12$20M$20M
30Aegis Capital11$15M$15M
31ThinkEquity11$11.5M$11.5M
32ViewTrade12$8M$8M
33WestPark12$7.2M$7.2M
34Laidlaw11$7M$7M
35WallachBeth Capital11$5M$5M
36Dawson James12$4.4M$4.4M

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 147 deals with underwriters on record.

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

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