Industry Data & Market Research

2024 U.S. Industry Statistics & Market Forecast - Financial Transactions Processing, Reserve, and Clearinghouse Activities

Market Size & Industry Statistics

The total U.S. industry market size for Financial Transactions Processing, Reserve, and Clearinghouse Activities: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.

Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Financial Transactions Processing, Reserve & Clearinghouse Activities industry is experiencing significant changes due to increasing competition, technological advancements, and changing customer behavior. Some of the key trends affecting this industry include:

1. Digitalization: With the growth of digital technologies, many financial transactions are now conducted electronically, which is leading to the development of online payment systems, mobile wallets and digital currencies.

2. Cyber Security: Security continues to be a top priority for financial institutions, especially as more customer data is stored online. Companies are investing heavily in cybersecurity measures to protect data from breaches, which have become more frequent over the past few years.

3. Fintech Disruption: The rise of fintech companies has disrupted traditional banking methods. These new entrants offer innovative solutions for customers and are accelerating the push for open banking, creating a more competitive market and incentivizing traditional financial institutions to keep up or risk losing business.

4. Real-Time Payments: With the increasing demand for immediacy of transactions, the industry is working towards implementing real-time payments systems for faster and more efficient transfers.

5. Regulation: Increase in regulatory requirements, especially around data privacy and anti-money laundering have led to compliance-related challenges. Financial institutions continue to invest in necessary compliance measures to manage regulatory requirements.

6. Blockchain: Blockchain technology is sought after due to its secure and distributed ledger capabilities. Financial institutions are exploring possible ways of incorporating it into their systems to enhance back-office operations and improve the efficiency and security of transactions.

7. Cost optimization: Industry players are trying to optimize costs to remain profitable while balancing investments in technology advancements and compliance measures. This has led to increased consolidation within the industry, with firms merging to reduce operating expenses.

Product & Services Breakdown

Research products and services in the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Loan Services - Income

Residential Mortgage Loans

Credit Card Services - Income

Credit Card Services For Cardholders, Business And Government

Credit Card Services For Cardholders, Consumer

Credit Card Services For Merchants

Credit Card Association Products

Deposit Account Service Packages, Except Business

Cash Handling And Management Services For Business

Document Payment Services

Automated Clearinghouse (Ach) Services - Fees

Other Products Supporting Financial Services - Fees

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Financial Transactions Processing, Reserve, and Clearinghouse Activities company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Financial Transactions Processing, Reserve, and Clearinghouse Activities measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 11%

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Chief Executives0%
General and Operations Managers3%
Operations Specialties Managers 6%
Business and Financial Operations Occupations 26%
Business Operations Specialists 6%
Financial Specialists 20%
Credit Counselors and Loan Officers 11%
Loan Officers 11%
Computer and Mathematical Occupations 7%
Computer Occupations 6%
Sales and Related Occupations 13%
Sales Representatives, Services 10%
Securities, Commodities, and Financial Services Sales Agents 10%
Securities, Commodities, and Financial Services Sales Agents 10%
Office and Administrative Support Occupations 42%
Financial Clerks 18%
Tellers 13%
Tellers 13%
Information and Record Clerks 17%
Customer Service Representatives 7%
Customer Service Representatives 7%
Loan Interviewers and Clerks 7%
Loan Interviewers and Clerks 7%
Source: Bureau of Labor Statistics

Financial Transactions Processing, Reserve, and Clearinghouse Activities Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry.

Government Contracts

In 2022, the federal government spent a total of $284,970,772 on Financial Transactions Processing, Reserve, and Clearinghouse Activities. It has awarded 103 contracts to 46 companies, with an average value of $6,195,017 per company.   

Most Recent Contracts Date Total Award Amount

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