$324.9bn
$XXX.Xbn
470k
22
$XX.Xbn
Regional banks are composed of commercial banks that have between $50.0 billion and $500.0 billion in domestic asset under management (AUM) and operations are not limited to one state. Banks that fall into this threshold provide the same services that the commercial banking industry provides. Also, regional banks have a significantly smaller scope of operations compared with large commercial banks that operate across the country.
Industry revenue has grown at a CAGR of 0.5 % over the past five years, to reach an estimated $324.9bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Truist Financial Corporation | 23,914.0 | 7,494.5 | 31.3 | |
U S Bancorp | 22,668.4 | 10,053.6 | 44.4 | |
Pnc Financial Services Group, Inc. | 18,183.3 | 6,495.3 | 35.7 |
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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 Commercial and industrial loans. Depository services and other noninterest-income generating products is the largest segment of the Regional Banks in the US.
Real estate loans are the industry's largest product segment
Depository institutions in this industry have assets from $50.0 billion to $500.0 billion and provide services that include deposits, loans, leases, mortgages and credit cards, among others. Furthermore, regional banks do not have to be limited to operation in one state.
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NAICS 52212 - Regional Banks 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.
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Depository services and other noninterest-income generating services remain the industry’s largest product segment. Real estate loans also account for a significant portion o...
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The geographic spread of regional banks is closely related to the distribution of population across the country. For this reason, regional banks choose to locate themselves t...
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.
Regional banks compete extensively with other companies within the financial services sector for top-tier talent. Due to this, wage expenses for regional banks are high and e...
Learn about the performance of the top companies in the industry.
Truist Financial Corporation is one of the largest regional banks. The company operates primarily within credit card and money transferring departments.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Regional banks are heavily regulated and encounter oversight from several regulatory agencies. Regional banks are also subject to federal regulations that have been recently ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Regional bank employees are well-educated workers, who often hold special designations that enable them to command even higher wages. The average salary earned by an employee...
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 Regional Banks in the US industry in United States is $324.9bn in 2024.
There are 22 businesses in the Regional Banks in the US industry in United States, which has declined at a CAGR of 4.0 % between 2018 and 2023.
The market size of the Regional Banks in the US industry in United States has been growing at a CAGR of 0.5 % between 2018 and 2023.
Over the next five years, the Regional Banks in the US industry in United States is expected to grow.
The biggest companies operating in the Regional Banks market in United States are Truist Financial Corporation, U S Bancorp and Pnc Financial Services Group, Inc.
Receiving deposits from customer and Issuing consumer, commercial and industrial loans are part of the Regional Banks in the US industry.
The company holding the most market share in United States is Truist Financial Corporation.
The level of competition is high and increasing in the Regional Banks in the US industry in United States.