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Banking Industry Description

The banking industry in Alabama is a vital component of the state's economy. Alabama has a diverse banking sector, with both large national banks and smaller community banks operating within the state. The state's banking industry is regulated by the Alabama State Banking Department, which oversees the licensing and supervision of banks and other financial institutions operating within the state. Alabama's banking industry has experienced significant growth in recent years, with many banks expanding their operations and opening new branches throughout the state. This growth has been driven by a strong economy and a growing population, which has increased demand for banking services. One of the key players in Alabama's banking industry is Regions Bank, which is headquartered in Birmingham and operates more than 200 branches throughout the state. Other major banks operating in Alabama include BBVA USA, Wells Fargo, and PNC Bank. In addition to traditional banking services such as c...

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104

COMPANIES

11.9 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Banking

$86,020

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Banking

United States, Alabama

1 Billion and Over

10001+

Banking

United States, Alabama

500 Million to 1 Billion

10001+

Banking

United States, Alabama

250 Million to 500 Million

1001-5000

Banking

United States, Alabama

250 Million to 500 Million

501-1000

Banking

United States, Alabama

100 Million to 250 Million

501-1000

Banking

United States, Alabama

100 Million to 250 Million

501-1000

Banking

United States, Alabama

1 Billion and Over

51-200

Banking

United States, Alabama

1 Billion and Over

51-200

Banking

United States, Alabama

100 Million to 250 Million

201-500

Banking

United States, Alabama

100 Million to 250 Million

201-500

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Alabama plays a crucial role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment firms, and insurance companies. These institutions provide various financial services to individuals, businesses, and government entities. Alabama's banking sector is well-developed and highly competitive, with both national and regional banks operating in the state. Some of the major banks headquartered in Alabama include Regions Financial Corporation, BBVA USA, and Cadence Bank. These banks offer a comprehensive range of services, including personal and business banking, loans, mortgages, and investment products. Credit unions also play a significant role in Alabama's financial landscape, providing financial services to their members. These member-owned cooperatives offer competitive interest rates on savings accounts, loans, and credit cards. They often focus on serving specific com...

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FAQ

FAQs

The top Banking companies in Alabama are Regions Bank, BBVA in the USA and Redstone Federal Credit Union. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 104 of Banking companies in the US according to the latest CIENCE data.

The median revenue for Banking companies in the US is 17500000.

Yes, the Banking industry in Alabama is known for Banking as there are 104 companies in Alabama.

The average revenue for Banking companies in Alabama is 114350962.

You can find job opportunities in the Banking in Alabama through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Banking industry main page is found here.

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