Employment
1,630,919
Total employees (Census CBP)
Finance and Insurance ·NAICS 52211
NAICS 52211 · IRS SOI 2023 · Census CBP
Commercial Banking - Industry Benchmarks
$107,216/yr average annual pay across 83K establishments in NAICS 52211.
- 20.1%
- Finance and Insurance sector margin
- 1.6M
- Workers employed
- $107,216/yr
- Avg payroll / employee
Data updated July 2026
The verdict · NAICS 52211
Texas leads Commercial Banking activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Finance and Insurance sector runs a 20.1% net margin.
- 20.1%
- Finance and Insurance sector margin (IRS SOI)
- 1.6M
- Workers employed (Census CBP)
- $107,216/yr
- Avg payroll / employee
Benchmarking Insights for Commercial Banking
Commercial Banking sits inside Finance and Insurance, a sector that runs a 20.1% net margin overall.
82,989 establishments employ 1,630,919 workers (19.6/location) at $107,216/yr average annual pay. Texas leads employment, followed by California and Florida.
No recorded SBA 7(a)/504 lending for Commercial Banking in the FY2020-26 dataset.
Avg Payroll / Employee
$107,216/yr
Annual compensation
Establishments
82,989
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 133,752; establishment count decreased by 299. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Workforce scale
Financial Detail
- Annual Payroll (Total)
- $174.9B
- Avg Employees per Establishment
- 19.6
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Commercial Banking NAICS 522110 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Texas | 150,635 |
| California | 129,731 |
| Florida | 96,849 |
| Illinois | 76,585 |
| Ohio | 76,084 |
| New Jersey | 53,658 |
| Minnesota | 45,549 |
| Arizona | 41,834 |
| Georgia | 41,635 |
| Iowa | 37,593 |
Showing top 10 of 51 states
Frequently Asked Questions
How profitable is Commercial Banking?
IRS SOI doesn't publish margin data at the NAICS 52211 level. Texas leads this industry nationally. The broader Finance and Insurance sector runs a 20.1% net margin (IRS SOI 2023).
How many businesses are in Commercial Banking?
82,989 business establishments. Together they employ 1,630,919 workers.
What is the average payroll per employee in Commercial Banking?
$107,216/yr average annual pay per employee. Businesses average 19.6 employees per establishment.
Which states have the most Commercial Banking employment?
Texas leads with 150,635 workers. California (129,731) and Florida (96,849) round out the top three.
Comparable industry benchmarks
These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.
How this ranks: Its Census employment total exceeds 98% of that same 551-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
- Home Health Care Services 1,618,759
- Religious Organizations 1,576,295
- Services for the Elderly and Persons with Disabilities 1,527,355
Benchmarking Commercial Banking
- No margin data, check the parent industry. Browse Finance and Insurance
- 82,989 establishments, 1,630,919 workers. Payroll benchmarks
- No SBA lending on record for Commercial Banking. See the rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 52211 · Data year: 2023
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.