Commercial Banking in New York
Revenue benchmarks for commercial banking businesses operating in New York.
#2 of 50 states+102.0% vs national avg
Average Revenue
$240.4M
per year
Businesses
277
in New York
Revenue / Employee
$565K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.4
firms per 100K in NY
Total Revenue
$66.6B
all firms in NY
Total Employees
117,922
in NY
How New York Compares
National Average$119.0M
New York$240.4M
Difference+$121.4M (+102.0%)