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Financial Services Industry Description

The Financial Services industry in Texas 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. Texas is home to several large financial institutions, including JPMorgan Chase, Wells Fargo, and Bank of America. These institutions provide a range of financial services, including commercial and consumer banking, investment banking, wealth management, and insurance. In addition to these large institutions, Texas also has a thriving community banking sector. Community banks play a vital role in providing financial services to small businesses and individuals in rural and underserved areas. Texas is home to over 400 community banks, which collectively hold over $200 billion in assets. The insurance industry is also a significant part of the Financial Services industry in Texas. The state is home to several large insurance companies, including...

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2,485

COMPANIES

184 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Financial Services

$97,900

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Financial Services

United States, Texas

1 Billion and Over

10001+

Financial Services

United States, Texas

1 Billion and Over

10001+

Financial Services

United States, Texas

1 Billion and Over

10001+

Financial Services

United States, Texas

1 Billion and Over

5001-10000

Financial Services

United States, Texas

1 Billion and Over

5001-10000

Financial Services

United States, Texas

1 Billion and Over

5001-10000

Financial Services

United States, Texas

1 Billion and Over

5001-10000

Financial Services

United States, Texas

1 Billion and Over

5001-10000

Financial Services

United States, Texas

500 Million to 1 Billion

5001-10000

Financial Services

United States, Texas

250 Million to 500 Million

10001+

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Texas is a crucial component of the state's economy. With a diverse range of financial institutions, Texas has established itself as a major player in this sector. The industry encompasses various activities such as commercial banking, investment banking, insurance, and asset management. Texas is home to numerous national and regional banks, including some of the largest banks in the United States. These institutions provide a wide range of financial services to individuals, businesses, and government entities. They offer checking and savings accounts, loans, mortgages, credit cards, and other banking products. In addition to traditional banking services, Texas has a thriving investment banking sector. Investment banks facilitate capital raising activities for corporations, governments, and other entities. They assist in mergers and acquisitions, underwrite securities offerings, and provide advisory services. Many investment banks have a signi...

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FAQ

FAQs

The top Financial Services companies in Texas are Charles Schwab, USAA and Citi India. 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 2485 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 Texas is known for Financial Services as there are 2485 companies in Texas.

The average revenue for Financial Services companies in Texas is 74217907.

You can find job opportunities in the Financial Services in Texas 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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