Commercial Banking in New Mexico
Revenue benchmarks for commercial banking businesses operating in New Mexico.
#48 of 50 states-85.9% vs national avg
Average Revenue
$16.8M
per year
Businesses
55
in New Mexico
Revenue / Employee
$193K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
2.6
firms per 100K in NM
Total Revenue
$925.9M
all firms in NM
Total Employees
4,802
in NM
How New Mexico Compares
National Average$119.0M
New Mexico$16.8M
Difference$102.1M (-85.9%)