Industry Description
This U.S. industry comprises legal entities known as bank holding companies primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 551111 - Offices of Bank Holding Companies are:
- Bank holding companies (except managing)
- Holding companies, bank (except managing)
- Offices of bank holding companies
IBISWorld Industry Research Report
Commercial Banking in the US (52211)
Revenue 2025
$1571.4bn
Growth 2025
2.12%
Key Trends
Commercial Banks are expected to benefit from the increased rates
Lingering supply chain issues and global energy crisis have created historically high inflation
The FED has indicated it will pursue higher interest rates going forward
Products and Services
Similar Industries
For some business types, there may be a similar industry to 551111 - Offices of Bank Holding Companies that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Holding the securities of depository banks and operating these entities--are classified in Industry Group 5221, Depository Credit Intermediation.
IBISWorld industry research report
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NAICS Cross Reference
Holding the securities of (or other equity interests in) a company or enterprise and administering, overseeing, and managing establishments of the company or enterprise whose securities they hold--are classified in U.S. Industry 551114, Corporate, Subsidiary, and Regional Managing Offices; and
IBISWorld industry research report
NAICS Hierarchy 551111 - Offices of Bank Holding Companies
NAICS Code 551111 - Offices of Bank Holding Companies sits in the 2-digit Offices of Bank Holding Companies sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 55
Sector Title: Management of Companies and Enterprises
3 Digits 4 Digits 5 Digits 6 Digits
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5511 Management of Companies and Enterprises
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55111 Management of Companies and Enterprises
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NAICS Resources
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