Analysis
NAICS 52211 is the 2022 NAICS industry for commercial banking, part of 5221 (Depository Credit Intermediation).
It has only one more detailed code, 522110, which covers exactly the same activities; the definition, index entries and statistics are on that page.
County Business Patterns counts 82,989 US establishments in this code in 2023, employing 1,630,919 people at an average annual payroll of $107,216 per employee (88th percentile of national industries). 25% of the establishments have fewer than five employees, which points to larger operations.
By establishments it ranks 1st of the 2 codes at this level within Depository Credit Intermediation, with 76.3% of them.
Between 2018 and 2023 the number of establishments fell 8% and employment rose 6%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.
Official definition
See industry description for 522110.
Source: US Census Bureau, NAICS 2022 Manual.