Commercial Banking in Maine

Revenue benchmarks for commercial banking businesses operating in Maine.

#24 of 50 states-57.5% vs national avg

Average Revenue

$50.5M

per year

Businesses

26

in Maine

Revenue / Employee

$246K

per year

Labor Cost

30.0%

of revenue

Profit Margin

15.0%

industry average

Market Saturation

1.9

firms per 100K in ME

Total Revenue

$1.3B

all firms in ME

Total Employees

5,350

in ME

How Maine Compares

National Average$119.0M
Maine$50.5M
Difference$68.4M (-57.5%)