Banking Industry Description
The banking industry in Virginia is a vital component of the state's economy. Virginia 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 Virginia State Corporation Commission's Bureau of Financial Institutions. The largest banks in Virginia by assets are Capital One, BB&T, and SunTrust. In recent years, the banking industry in Virginia has faced challenges due to the COVID-19 pandemic, which has led to increased loan defaults and decreased profitability for some banks. However, the industry has remained resilient, with many banks implementing new technologies and digital banking services to adapt to changing consumer preferences. Overall, the banking industry in Virginia plays a critical role in supporting the state's economy and providing financial services to individuals and businesses alike.
133
COMPANIES
13.3 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Banking
$94,214
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Virginia |
1 Billion and Over |
10001+ |
||
|
United States, Virginia |
250 Million to 500 Million |
10001+ |
||
|
United States, Virginia |
50 Million to 100 Million |
10001+ |
||
|
United States, Virginia |
50 Million to 100 Million |
10001+ |
||
|
United States, Virginia |
250 Million to 500 Million |
1001-5000 |
||
|
United States, Virginia |
250 Million to 500 Million |
1001-5000 |
||
|
United States, Virginia |
250 Million to 500 Million |
1001-5000 |
||
|
United States, Virginia |
25 Million to 50 Million |
10001+ |
||
|
United States, Virginia |
25 Million to 50 Million |
10001+ |
||
|
United States, Virginia |
25 Million to 50 Million |
10001+ |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Virginia plays a crucial role in the state's economy. With a strong presence of both national and regional banks, Virginia offers a diverse range of financial services to its residents and businesses. The industry encompasses various sectors, including commercial banking, investment banking, insurance, and asset management. Virginia is home to several major banks, such as Capital One, which has its headquarters in McLean. These banks provide a wide array of services, including personal and business banking, mortgages, loans, and credit cards. They serve as a vital source of capital for individuals and businesses, facilitating economic growth and development in the state. In addition to traditional banking services, Virginia also has a thriving investment banking sector. Investment banks in the state offer services such as underwriting securities, mergers and acquisitions advisory, and capital raising for corporations. These institutions play a ...
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FAQs
1
What are the top 3 Banking companies in Virginia?
The top Banking companies in Virginia are Capital One, Bank of Africa and New Peoples Bank, Inc.. 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 Virginia?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Banking companies are headquartered in Virginia?
There are approximately 133 of Banking companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Banking in Virginia?
The median revenue for Banking companies in the US is 17500000.
5
Is the Virginia region known for its Banking sector?
Yes, the Banking industry in Virginia is known for Banking as there are 133 companies in Virginia.
6
What is the average revenue of Banking companies in Virginia?
The average revenue for Banking companies in Virginia is 99924812.
7
How can I find job opportunities in the Banking in Virginia?
You can find job opportunities in the Banking in Virginia 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 Virginia are Capital One, Bank of Africa and New Peoples Bank, Inc.. 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 133 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 Virginia is known for Banking as there are 133 companies in Virginia.
The average revenue for Banking companies in Virginia is 99924812.
You can find job opportunities in the Banking in Virginia 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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