Commercial Banking in West Virginia
Revenue benchmarks for commercial banking businesses operating in West Virginia.
#47 of 50 states-85.6% vs national avg
Average Revenue
$17.2M
per year
Businesses
78
in West Virginia
Revenue / Employee
$187K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
4.3
firms per 100K in WV
Total Revenue
$1.3B
all firms in WV
Total Employees
7,179
in WV
How West Virginia Compares
National Average$119.0M
West Virginia$17.2M
Difference$101.8M (-85.6%)