Commercial Banking in New Jersey
Revenue benchmarks for commercial banking businesses operating in New Jersey.
#6 of 50 states+26.6% vs national avg
Average Revenue
$150.6M
per year
Businesses
127
in New Jersey
Revenue / Employee
$424K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.4
firms per 100K in NJ
Total Revenue
$19.1B
all firms in NJ
Total Employees
45,071
in NJ
How New Jersey Compares
National Average$119.0M
New Jersey$150.6M
Difference+$31.7M (+26.6%)