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Banking Industry Description

The banking industry in Pennsylvania is a vital component of the state's economy. Pennsylvania is home to several large banks, including PNC Financial Services, which is headquartered in Pittsburgh. The state also has a number of community banks and credit unions that serve local communities. The banking industry in Pennsylvania is regulated by the Pennsylvania Department of Banking and Securities, which oversees the licensing and supervision of banks and other financial institutions. In recent years, the banking industry in Pennsylvania has faced a number of challenges, including increased competition from online banks and fintech startups. However, many banks in the state have adapted to these changes by investing in technology and expanding their digital offerings. Overall, the banking industry in Pennsylvania is an important part of the state's economy and plays a critical role in providing financial services to businesses and consumers alike.

229

COMPANIES

20.9 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Banking

$88,544

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES
medal medal PNC

Banking

United States, Pennsylvania

1 Billion and Over

10001+

Banking

United States, Pennsylvania

100 Million to 250 Million

10001+

Banking

United States, Pennsylvania

1 Billion and Over

1001-5000

Banking

United States, Pennsylvania

500 Million to 1 Billion

1001-5000

Banking

United States, Pennsylvania

500 Million to 1 Billion

1001-5000

Banking

United States, Pennsylvania

500 Million to 1 Billion

501-1000

Banking

United States, Pennsylvania

250 Million to 500 Million

1001-5000

Banking

United States, Pennsylvania

250 Million to 500 Million

1001-5000

Banking

United States, Pennsylvania

250 Million to 500 Million

1001-5000

Banking

United States, Pennsylvania

25 Million to 50 Million

10001+

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Pennsylvania is a crucial sector that plays a significant role in the state's economy. Pennsylvania is home to numerous banks, financial institutions, and investment firms, making it a hub for financial activities. The industry encompasses a wide range of services, including commercial banking, investment banking, asset management, insurance, and financial planning. Commercial banking is a prominent component of the industry, with several major banks headquartered in Pennsylvania. These banks provide a variety of services to individuals, businesses, and government entities, including deposit accounts, loans, credit cards, and other financial products. They play a vital role in facilitating economic growth by providing capital to businesses and individuals for investment and consumption. Investment banking is another crucial aspect of the industry, with Pennsylvania being home to several prominent investment banks. These institutions assist compa...

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FAQ

FAQs

The top Banking companies in Pennsylvania are PNC, Pennstar Bank and Bank Midwest, a division of NBH Bank. 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 229 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 Pennsylvania is known for Banking as there are 229 companies in Pennsylvania.

The average revenue for Banking companies in Pennsylvania is 91478166.

You can find job opportunities in the Banking in Pennsylvania 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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