Industry Analysis & Industry Trends
Although the industry experienced severe ups and downs over the past five years, commercial banks are set to recover in the five years to 2021. Banks endured massive loan losses as a result of the credit crisis, causing revenue to contract significantly. However, improving consumer confidence and corporate profit will facilitate improvements in the credit market, enabling operators to grow their deposits and offer competitive rates... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of commercial banking establishments across the United States is vast. Unlike many other industries, there is no single state that holds a large market share of establishments. The location trend of the industry closely follows population since banking is still predominantly done at the bank as opposed to online. However, as online banking becomes more popular, the geographic location of banks will become less important.
In terms of geographic spread by region, the Southeast has the largest proportion of establishments, estimated at 29.6%. This region includes some major economic states, such as Florida (6.3% of establishments), North Carolina (3.5%) and Georgia (3.4%)... purchase to read more