Commercial Banking in Hawaii

Commercial Banking (NAICS 522110) in Hawaii reports 5,312 workers across 201 establishments, with $468.9M of aggregate annual payroll flowing through Census CBP 2023 filings. That represents 0.3% of national employment for this industry, a concentration ratio that tells you whether Hawaii is a primary labor market for this NAICS code or a smaller satellite. A share above 5% signals a meaningful regional cluster; below 1% usually means the state is not a structural fit for this industry at scale. Hawaii accounts for 0.2% of the national Commercial Banking establishment count (201 of 82,989), according to Census County Business Patterns.

Wage benchmarking is where state-level data earns its keep. The average annual compensation for Commercial Banking employees in Hawaii is $88,278/yr, versus a national average of $107,216/yr. Hawaii pays below the national average for this industry, common in lower cost-of-living states or where the industry has a smaller, less specialized local workforce.

Profitability data is only available at the national level because the IRS Statistics of Income program does not publish state-level margin breakdowns. The national net profit margin for Commercial Banking is not reported, and while margins do vary by state, the direction of variance usually follows labor cost and establishment size, both shown above. For a complete picture, pair this state-industry view with the Commercial Banking national page (entity structure, SBA lending, sub-industries) and the Hawaii overview (top employers, payroll dispersion across industries).