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Financial Services Industry Description

The Financial Services industry in Pennsylvania is a significant contributor to the state's economy. It encompasses a wide range of businesses, including banks, credit unions, insurance companies, investment firms, and other financial institutions. These businesses provide a variety of services to individuals and businesses, such as banking, lending, insurance, investment management, and financial planning. Pennsylvania is home to several large financial institutions, including PNC Financial Services, which is headquartered in Pittsburgh. PNC is one of the largest banks in the country, with over $400 billion in assets. Other major financial institutions in Pennsylvania include Citizens Bank, BB&T, and Susquehanna Bancshares. In addition to traditional banking and financial services, Pennsylvania is also home to a thriving fintech industry. Fintech companies in the state are developing innovative technologies and services that are changing the way people access and manage their mon...

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1,191

COMPANIES

74.7 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Financial Services

$102,951

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Financial Services

United States, Pennsylvania

1 Billion and Over

10001+

medal medal PNC

Financial Services

United States, Pennsylvania

1 Billion and Over

10001+

Financial Services

United States, Pennsylvania

1 Billion and Over

10001+

Financial Services

United States, Pennsylvania

1 Billion and Over

10001+

Financial Services

United States, Pennsylvania

500 Million to 1 Billion

10001+

Financial Services

United States, Pennsylvania

1 Billion and Over

5001-10000

Financial Services

United States, Pennsylvania

500 Million to 1 Billion

5001-10000

medal medal SEI

Financial Services

United States, Pennsylvania

1 Billion and Over

1001-5000

Financial Services

United States, Pennsylvania

1 Billion and Over

1001-5000

Financial Services

United States, Pennsylvania

1 Billion and Over

1001-5000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Pennsylvania is a crucial sector that plays a significant role in the state's economy. Pennsylvania is home to numerous banks, financial institutions, and investment firms, making it a hub for financial activities. The industry encompasses a wide range of services, including commercial banking, investment banking, asset management, insurance, and financial planning. Commercial banking is a prominent component of the industry, with several major banks headquartered in Pennsylvania. These banks provide a variety of services to individuals, businesses, and government entities, including deposit accounts, loans, credit cards, and other financial products. They play a vital role in facilitating economic growth by providing capital to businesses and individuals for investment and consumption. Investment banking is another crucial aspect of the industry, with Pennsylvania being home to several prominent investment banks. These institutions assist compa...

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FAQ

FAQs

The top Financial Services companies in Pennsylvania are Lincoln Financial Group, PNC and Vanguard. 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 1191 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 Pennsylvania is known for Financial Services as there are 1191 companies in Pennsylvania.

The average revenue for Financial Services companies in Pennsylvania is 62715785.

You can find job opportunities in the Financial Services in Pennsylvania 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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