Commercial Banking in Connecticut
Revenue benchmarks for commercial banking businesses operating in Connecticut.
#11 of 50 states-18.2% vs national avg
Average Revenue
$97.3M
per year
Businesses
50
in Connecticut
Revenue / Employee
$382K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.4
firms per 100K in CT
Total Revenue
$4.9B
all firms in CT
Total Employees
12,727
in CT
How Connecticut Compares
National Average$119.0M
Connecticut$97.3M
Difference$21.7M (-18.2%)