Financial Services Industry Description
The Financial Services industry in Rhode Island 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 financial advisors. Rhode Island has a strong banking sector, with several large banks headquartered in the state, including Citizens Bank, Bank of America, and Santander Bank. The state also has a thriving insurance industry, with companies such as Amica Mutual Insurance and FM Global based in Rhode Island. In addition, the state has a growing fintech sector, with companies such as FinTech Studios and Upserve operating in the state. The Financial Services industry in Rhode Island provides employment opportunities for thousands of people and contributes significantly to the state's tax revenue. The industry is regulated by the Rhode Island Department of Business Regulation, which oversees licensing and compliance for financial services companies operating in the state...
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85
COMPANIES
5.98 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Financial Services
$99,077
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Rhode Island |
1 Billion and Over |
10001+ |
||
|
United States, Rhode Island |
1 Billion and Over |
10001+ |
||
|
United States, Rhode Island |
250 Million to 500 Million |
501-1000 |
||
|
United States, Rhode Island |
250 Million to 500 Million |
51-200 |
||
|
United States, Rhode Island |
250 Million to 500 Million |
51-200 |
||
|
United States, Rhode Island |
50 Million to 100 Million |
201-500 |
||
|
United States, Rhode Island |
50 Million to 100 Million |
201-500 |
||
|
United States, Rhode Island |
1 Billion and Over |
11-50 |
||
|
United States, Rhode Island |
100 Million to 250 Million |
51-200 |
||
|
United States, Rhode Island |
25 Million to 50 Million |
201-500 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Rhode Island plays a crucial role in the state's economy. With a strong presence of both national and regional banks, Rhode Island 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. Rhode Island's banking sector is characterized by a mix of large national banks, such as Bank of America and Citizens Bank, as well as smaller community banks and credit unions. These institutions provide a wide array of services, including personal and business banking, mortgages, loans, and credit cards. They play a vital role in facilitating financial transactions, supporting local businesses, and helping individuals manage their finances. The state's finance industry also includes investment banking firms that provide advisory services, underwriting, and capital raising for corporations and governments. These fir...
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FAQs
1
What are the top 3 Financial Services companies in Rhode Island?
The top Financial Services companies in Rhode Island are Citizens Commercial Banking, Citizens Securities and Embrace Home Loans. 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 Rhode Island?
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 Rhode Island?
There are approximately 85 of Financial Services companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Financial Services in Rhode Island?
The median revenue for Financial Services companies in the US is 7500000.
5
Is the Rhode Island region known for its Financial Services sector?
Yes, the Financial Services industry in Rhode Island is known for Financial Services as there are 85 companies in Rhode Island.
6
What is the average revenue of Financial Services companies in Rhode Island?
The average revenue for Financial Services companies in Rhode Island is 70358824.
7
How can I find job opportunities in the Financial Services in Rhode Island?
You can find job opportunities in the Financial Services in Rhode Island 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 Rhode Island are Citizens Commercial Banking, Citizens Securities and Embrace Home Loans. 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 85 of Financial Services companies in the US according to the latest CIENCE data.
The median revenue for Financial Services companies in the US is 7500000.
Yes, the Financial Services industry in Rhode Island is known for Financial Services as there are 85 companies in Rhode Island.
The average revenue for Financial Services companies in Rhode Island is 70358824.
You can find job opportunities in the Financial Services in Rhode Island 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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