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Banking Industry Description

The banking industry in Illinois is a vital component of the state's economy. Illinois is home to several large banks, including JPMorgan Chase, Bank of America, and Citibank. These banks, along with many smaller community banks and credit unions, provide a wide range of financial services to individuals and businesses throughout the state. Illinois has a diverse economy, with industries ranging from agriculture to manufacturing to finance. The banking industry plays a critical role in supporting these industries by providing loans, credit, and other financial services. In addition, banks in Illinois are also involved in international trade and finance, helping to facilitate the movement of goods and services across borders. One of the key challenges facing the banking industry in Illinois is the ongoing consolidation of the industry. Over the past few decades, many smaller banks have been acquired by larger institutions, leading to a concentration of banking assets in the hands o...

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346

COMPANIES

26.8 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Banking

$99,264

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Banking

United States, Illinois

1 Billion and Over

10001+

Banking

United States, Illinois

1 Billion and Over

5001-10000

Banking

United States, Illinois

1 Billion and Over

1001-5000

Banking

United States, Illinois

500 Million to 1 Billion

1001-5000

Banking

United States, Illinois

1 Billion and Over

501-1000

Banking

United States, Illinois

250 Million to 500 Million

1001-5000

Banking

United States, Illinois

250 Million to 500 Million

1001-5000

Banking

United States, Illinois

25 Million to 50 Million

10001+

Banking

United States, Illinois

250 Million to 500 Million

501-1000

Banking

United States, Illinois

250 Million to 500 Million

501-1000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Illinois is a crucial sector that plays a significant role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment banks, insurance companies, and other financial services providers. Illinois is home to several major banks and financial institutions, such as JPMorgan Chase, Bank of America, and Northern Trust, which have a significant presence in the state. These institutions offer a wide range of banking services, including personal and business banking, wealth management, lending, and investment services. The banking and finance industry in Illinois is highly regulated by both state and federal agencies, such as the Illinois Department of Financial and Professional Regulation and the Federal Reserve. These regulatory bodies ensure the stability and integrity of the financial system, protect consumers, and promote fair and transparent practices within the industry. I...

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FAQ

FAQs

The top Banking companies in Illinois are Bank of the West, BMO U.S. and PT. Bank KB Bukopin Tbk. 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 346 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 Illinois is known for Banking as there are 346 companies in Illinois.

The average revenue for Banking companies in Illinois is 77550578.

You can find job opportunities in the Banking in Illinois 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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