Aren't there some relevant details missing from this kind of analysis? Banks failing just means that the value of the banks assets fall below the value of their deposits, right? In which case the degree to which that happens seems to be highly relevant to this kind of comparison. E.g. the value of assets falling to 50% of deposits in bank failures in financial crisis A vs 90% in financial crisis B
At the very least that’s missing Fannie, Freddie, Bear, Merrill, Lehman, TARP and arguably AIG for another 1.2T+, granted a lot of this was eventually repaid as the FDIC will be as well.
1980s S&L crisis: $654 Billion (summed 1984-1992 failures) across 23 banks
2008 crisis: $733 Billion (summed 2008-2011 failures) across 61 banks
2023 so far (it's only May): $556 Billion (Signature + SVB + FRC) across 3 banks.
It looks like 2008-2011 is the "winner", although other commenters have mentioned forced mergers etc. may not be counted.
https://en.wikipedia.org/wiki/List_of_largest_bank_failures_...