Financial Services Industry Description
The Financial Services industry in Alabama is a significant contributor to the state's economy. The industry includes a range of businesses, such as banks, credit unions, insurance companies, investment firms, and other financial institutions. Alabama has a diverse financial services sector, with both large national firms and smaller regional players operating in the state. One of the key players in the Alabama financial services industry is Regions Financial Corporation, which is headquartered in Birmingham. Regions is one of the largest banks in the Southeastern United States, with over 1,400 branches and $145 billion in assets. Other major banks operating in Alabama include BBVA USA, Synovus Bank, and Trustmark National Bank. In addition to traditional banking services, Alabama is also home to a number of insurance companies, including Protective Life Corporation, which is headquartered in Birmingham. Protective Life is a Fortune 1000 company that offers a range of life insuran...
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219
COMPANIES
11.6 Billion
TOTAL VALUE
Related Industries
Avg Salary in Financial Services
$91,145
AVG SALARY
Top Companies
COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
---|---|---|---|---|
United States, Alabama |
500 Million to 1 Billion |
10001+ |
||
United States, Alabama |
500 Million to 1 Billion |
501-1000 |
||
United States, Alabama |
250 Million to 500 Million |
1001-5000 |
||
United States, Alabama |
25 Million to 50 Million |
10001+ |
||
United States, Alabama |
100 Million to 250 Million |
1001-5000 |
||
United States, Alabama |
10 Million to 25 Million |
10001+ |
||
United States, Alabama |
100 Million to 250 Million |
501-1000 |
||
United States, Alabama |
100 Million to 250 Million |
201-500 |
||
United States, Alabama |
100 Million to 250 Million |
201-500 |
||
United States, Alabama |
100 Million to 250 Million |
201-500 |
Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Alabama plays a crucial role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment firms, and insurance companies. These institutions provide various financial services to individuals, businesses, and government entities. Alabama's banking sector is well-developed and highly competitive, with both national and regional banks operating in the state. Some of the major banks headquartered in Alabama include Regions Financial Corporation, BBVA USA, and Cadence Bank. These banks offer a comprehensive range of services, including personal and business banking, loans, mortgages, and investment products. Credit unions also play a significant role in Alabama's financial landscape, providing financial services to their members. These member-owned cooperatives offer competitive interest rates on savings accounts, loans, and credit cards. They often focus on serving specific com...
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FAQs
1
What are the top 3 Financial Services companies in Alabama?
The top Financial Services companies in Alabama are Muthoot Finance Ltd. - India, HomeTown Lenders and Sterne Agee. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
2
How are these Financial Services companies ranked in Alabama?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Financial Services companies are headquartered in Alabama?
There are approximately 219 of Financial Services companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Financial Services in Alabama?
The median revenue for Financial Services companies in the US is 2500000.
5
Is the Alabama region known for its Financial Services sector?
Yes, the Financial Services industry in Alabama is known for Financial Services as there are 219 companies in Alabama.
6
What is the average revenue of Financial Services companies in Alabama?
The average revenue for Financial Services companies in Alabama is 52812785.
7
How can I find job opportunities in the Financial Services in Alabama?
You can find job opportunities in the Financial Services in Alabama 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 Financial Services companies located?
The overall Financial Services industry main page is found here.
FAQs
The top Financial Services companies in Alabama are Muthoot Finance Ltd. - India, HomeTown Lenders and Sterne Agee. 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 219 of Financial Services companies in the US according to the latest CIENCE data.
The median revenue for Financial Services companies in the US is 2500000.
Yes, the Financial Services industry in Alabama is known for Financial Services as there are 219 companies in Alabama.
The average revenue for Financial Services companies in Alabama is 52812785.
You can find job opportunities in the Financial Services in Alabama 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 Financial Services industry main page is found here.
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