Banking Industry Description
The banking industry in Utah is a significant contributor to the state's economy. Utah has a diverse banking sector, with both large national banks and smaller community banks operating in the state. The state's banking industry is regulated by the Utah Department of Financial Institutions, which oversees the safety and soundness of state-chartered banks and credit unions. Utah's banking industry has experienced steady growth in recent years, with total assets of Utah-based banks reaching $200 billion in 2020. The state's largest banks include Zions Bancorporation, Wells Fargo, and JPMorgan Chase. Utah is also home to several community banks, such as Bank of Utah and Cache Valley Bank, which serve local communities throughout the state. The banking industry in Utah has played a vital role in supporting the state's economy, providing financing for businesses and individuals, and contributing to job growth and economic development.
72
COMPANIES
9.05 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Banking
$91,884
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Utah |
1 Billion and Over |
10001+ |
||
|
United States, Utah |
250 Million to 500 Million |
5001-10000 |
||
|
United States, Utah |
1 Billion and Over |
1001-5000 |
||
|
United States, Utah |
1 Billion and Over |
1001-5000 |
||
|
United States, Utah |
1 Billion and Over |
1001-5000 |
||
|
United States, Utah |
25 Million to 50 Million |
10001+ |
||
|
United States, Utah |
25 Million to 50 Million |
10001+ |
||
|
United States, Utah |
100 Million to 250 Million |
1001-5000 |
||
|
United States, Utah |
1 Billion and Over |
51-200 |
||
|
United States, Utah |
50 Million to 100 Million |
501-1000 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Utah is a significant contributor to the state's economy. With a strong presence of both national and regional banks, Utah has established itself as a hub for financial services. The industry encompasses a wide range of activities, including commercial banking, investment banking, asset management, insurance, and financial technology. Utah's banking sector is characterized by its stability and resilience, which can be attributed to the state's conservative regulatory environment and prudent financial practices. The industry has experienced steady growth over the years, with many banks expanding their operations and establishing headquarters or regional offices in the state. The state's financial institutions offer a comprehensive range of services to individuals, businesses, and government entities. These services include deposit accounts, loans, mortgages, credit cards, wealth management, and retirement planning. Utah's banks are known for thei...
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FAQs
1
What are the top 3 Banking companies in Utah?
The top Banking companies in Utah are Zions Bancorporation, Nelnet Bank and Zions Bank. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
2
How are these Banking companies ranked in Utah?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Banking companies are headquartered in Utah?
There are approximately 72 of Banking companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Banking in Utah?
The median revenue for Banking companies in the US is 17500000.
5
Is the Utah region known for its Banking sector?
Yes, the Banking industry in Utah is known for Banking as there are 72 companies in Utah.
6
What is the average revenue of Banking companies in Utah?
The average revenue for Banking companies in Utah is 125708333.
7
How can I find job opportunities in the Banking in Utah?
You can find job opportunities in the Banking in Utah 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.
8
Where are other Banking companies located?
The overall Banking industry main page is found here.
FAQs
The top Banking companies in Utah are Zions Bancorporation, Nelnet Bank and Zions 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 72 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 Utah is known for Banking as there are 72 companies in Utah.
The average revenue for Banking companies in Utah is 125708333.
You can find job opportunities in the Banking in Utah 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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