Commercial Banking in Massachusetts
Revenue benchmarks for commercial banking businesses operating in Massachusetts.
#4 of 50 states+78.7% vs national avg
Average Revenue
$212.6M
per year
Businesses
68
in Massachusetts
Revenue / Employee
$463K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.0
firms per 100K in MA
Total Revenue
$14.5B
all firms in MA
Total Employees
31,246
in MA
How Massachusetts Compares
National Average$119.0M
Massachusetts$212.6M
Difference+$93.7M (+78.7%)