Commercial Banking in South Dakota
Revenue benchmarks for commercial banking businesses operating in South Dakota.
#38 of 50 states-75.1% vs national avg
Average Revenue
$29.6M
per year
Businesses
81
in South Dakota
Revenue / Employee
$253K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
9.1
firms per 100K in SD
Total Revenue
$2.4B
all firms in SD
Total Employees
9,485
in SD
How South Dakota Compares
National Average$119.0M
South Dakota$29.6M
Difference$89.4M (-75.1%)