Commercial Banking in Tennessee
Revenue benchmarks for commercial banking businesses operating in Tennessee.
#30 of 50 states-66.3% vs national avg
Average Revenue
$40.1M
per year
Businesses
201
in Tennessee
Revenue / Employee
$291K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
2.9
firms per 100K in TN
Total Revenue
$8.1B
all firms in TN
Total Employees
27,658
in TN
How Tennessee Compares
National Average$119.0M
Tennessee$40.1M
Difference$78.9M (-66.3%)