$1.4tr
$XXX.Xbn
3m
4,867
$XXX.Xbn
The Commercial Banking industry comprises banks regulated by the Office of the Comptroller of the Currency, the Federal Reserve Board of Governors (Fed) and the Federal Deposit Insurance Corporation (FDIC). Banks generate most of their revenue through loans they originate to customers and businesses. Loans are made at various interest rates influenced by different factors, including the federal funds rate (FFR), the prime rate, debtors' creditworthiness and macroeconomic performance.
Industry revenue has grown at a CAGR of 5.6 % over the past five years, to reach an estimated $1.4tr in 2023.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Citigroup inc. | 90,155.5 | 25,485.0 | 28.3 | |
Jpmorgan Chase & Co | 79,639.1 | 37,350.6 | 46.9 | |
Wells Fargo & Company | 53,284.7 | 16,212.9 | 30.4 |
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Industry revenue is measured across several distinct product and services lines, including Depository services and other noninterest-income generating products, Real estate loans and Loans to individuals excluding credit cards. Depository services and other noninterest-income generating products is the largest segment of the Commercial Banking in the US.
Real estate loans are being affected by interest rate hikes
The Commercial Banking industry comprises banks that provide financial services to retail and business clients in the form of commercial, industrial and consumer loans. Banks accept deposits from customers, which are used as sources of funding for loans. Banks in this industry are regulated by the Office of the Comptroller of the Currency.
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NAICS 52211 - Commercial Banking in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Exuberance in the real estate market increased revenue for Commercial Banks. Low interest rates, until recently, made it cheap and easy to buy homes.
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The retail market increased in numbers. Intuitive smartphone apps, along with increased access to services, makes it easy for new customers.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Commercial Banks are in proximity to large population regions. The size of the population affects the size of the retail market.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The subprime mortgage crisis caused significant merger and acquisition activity. The crisis is still affecting the industry to this day.
Learn about the performance of the top companies in the industry.
Major companies are adapting to higher interest rates and less liquidity. After nearly 15 years of quantities easing, the Federal Reserve is reducing its balance sheet to hel...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Regulation is still heavily influenced by both the Great Depression and Great Recession. The government wants to ensure economic crises don’t arise again.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Banks reduced loan loss reserves due to the stimulus checks and low interest rates in response to the COVID-19 pandemic. Lower loan loss reserves led to higher profit.
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Commercial Banking in the US industry in United States is $1.4tr in 2024.
There are 4,867 businesses in the Commercial Banking in the US industry in United States, which has grown at a CAGR of 0.6 % between 2018 and 2023.
The market size of the Commercial Banking in the US industry in United States has been growing at a CAGR of 5.6 % between 2018 and 2023.
Over the next five years, the Commercial Banking in the US industry in United States is expected to decline.
The biggest companies operating in the Commercial Banking market in United States are Citigroup inc., Jpmorgan Chase & Co and Wells Fargo & Company
Receiving deposits from customers and Issuing consumer, commercial and industrial loans are part of the Commercial Banking in the US industry.
The company holding the most market share in United States is Citigroup inc..
The level of competition is high and increasing in the Commercial Banking in the US industry in United States.