The Regional Banks industry has benefited from increasing assets under management as a result of macroeconomic growth over the five years to 2018. Furthermore, industry operators have benefited from macroeconomic growth stemming from increased consumer confidence. Consumers have gained renewed confidence in their long-term financial stability. This has led consumers to increase their debt levels. As a result, industry revenue has increased during the current period. Over the five years to 2023, the Regional Banks industry is expected to continue benefiting from similar trends that led it to grow during the prior period. The Federal Reserve is expected to continue its gradual process of interest rate normalization through increasing the FFR over the next five years, leading interest rates on mortgages and other debt products provided by Regional Banks to continue to increase. Therefore, industry revenue is expected to rise during the outlook period.
Depository institutions in this industry have assets from $50.0 billion to $500.0 billion and provide services that include deposits, loans, leases, mortgages and credit cards, among others. Furthermore, regional banks do not have to be limited to operation in one state.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook