Commercial Banking in Rhode Island
Revenue benchmarks for commercial banking businesses operating in Rhode Island.
#12 of 50 states-24.4% vs national avg
Average Revenue
$89.9M
per year
Businesses
28
in Rhode Island
Revenue / Employee
$296K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
2.6
firms per 100K in RI
Total Revenue
$2.5B
all firms in RI
Total Employees
8,507
in RI
How Rhode Island Compares
National Average$119.0M
Rhode Island$89.9M
Difference$29.1M (-24.4%)