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NAICS Code· 551111

Offices of Bank Holding Companies

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--Show more

NAICS 551111 – Offices of Bank Holding Companies encompasses entities that serve as parent organizations for one or more subsidiary banks or financial institutions, overseeing strategic direction, risk management, regulatory compliance, and corporate governance without directly engaging in commercial banking activities. In the government contracting landscape, these offices may provide advisory services related to financial systems modernization, treasury operations support, or regulatory alignment for federal financial institutions.

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 551111.

AI Industry Description

NAICS 551111 – Offices of Bank Holding Companies encompasses entities that serve as parent organizations for one or more subsidiary banks or financial institutions, overseeing strategic direction, risk management, regulatory compliance, and corporate governance without directly engaging in commercia...

NAICS 551111 – Offices of Bank Holding Companies encompasses entities that serve as parent organizations for one or more subsidiary banks or financial institutions, overseeing strategic direction, risk management, regulatory compliance, and corporate governance without directly engaging in commercial banking activities. In the government contracting landscape, these offices may provide advisory services related to financial systems modernization, treasury operations support, or regulatory alignment for federal financial institutions. Their role is largely administrative and oversight-oriented, distinguishing them from depository institutions that directly transact with the public. While not traditional contractors, their influence extends to federal financial infrastructure through partnerships with agencies managing public funds, financial reporting systems, or intergovernmental fiscal coordination. No contractor data is available for this NAICS code, indicating limited direct federal procurement activity. Entities classified under this code are typically large financial holding companies that operate behind the scenes in regulatory and structural capacities rather than as active bidders for federal contracts. No agency data is available, reflecting the absence of direct, sustained procurement by federal departments for services uniquely tied to bank holding company operations. Any engagement would likely be incidental, such as through financial advisory contracts awarded to parent entities in support of Treasury or Federal Reserve initiatives. The competitive landscape for this NAICS code is sparse in the federal marketplace, with minimal opportunity density for traditional contractors. Opportunities are concentrated in niche areas involving financial system interoperability, regulatory technology (RegTech), or public-private financial infrastructure support, but these are typically absorbed under broader financial services or IT modernization contracts. Contractors seeking entry should focus on subsidiaries or affiliated entities with direct banking functions, as the holding company structure itself rarely drives standalone federal procurement.

Top Contractors

Companies with the highest total award value under NAICS 551111, ranked by dollars won.

Ranked by total awards

Top Agencies

Federal agencies directing the most contract spending toward NAICS 551111.

General Services Administration12 awards$5.3M
Department of Defense8 awards$4.1M
Department of Homeland Security6 awards$2.9M
Department of Veterans Affairs9 awards$2.2M
Department of Health and Human Services7 awards$1.3M

Related NAICS Codes

Industries similar to Offices of Bank Holding Companies, by shared sector, subsector, and industry group.

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NAICS 551111 FAQ

Frequently Asked Questions

NAICS code 551111 covers Offices of Bank Holding Companies. 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--

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Miguel
Hillary
Keith Deutsch
Christine

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