01 / NAICS Market Profile
NAICS 522110 Commercial Banking Federal Contracts
North American Industry Classification System code 522110
Federal contract activity classified under Commercial Banking across FY 2019–FY 2025. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 522110 federal market?
03 / Spending Trend
NAICS 522110 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.
Latest closed fiscal year$102.68M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $98.21M | 257 | 24 | 35 | — |
| FY 2020 | $120.44M | 213 | 22 | 35 | +22.6% |
| FY 2021 | $152.77M | 172 | 24 | 35 | +26.8% |
| FY 2022 | $163.01M | 179 | 24 | 33 | +6.7% |
| FY 2023 | $156.81M | 196 | 18 | 36 | −3.8% |
| FY 2024 | $182.26M | 156 | 19 | 30 | +16.2% |
| FY 2025 | $102.68M | 156 | 19 | 38 | −43.7% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2019–FY 2025.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| EDUCATION, DEPARTMENT OF | 9100 | $620.94M | 327 | 3 | 63.6% |
| FEDERAL ACQUISITION SERVICE | 4732 | $244.47M | 82 | 3 | 25.0% |
| STATE, DEPARTMENT OF | 1900 | $50.26M | 33 | 3 | 5.1% |
| DEFENSE FINANCE AND ACCOUNTING SERVICE (DFAS) | 97BZ | $38.09M | 39 | 2 | 3.9% |
| OFFICE OF THE ASSISTANT SECRETARY FOR ADMINISTRATION (ASA) | 7570 | $8.03M | 22 | 2 | 0.8% |
| VETERANS AFFAIRS, DEPARTMENT OF | 3600 | $6.66M | 29 | 4 | 0.7% |
| CENTERS FOR MEDICARE AND MEDICAID SERVICES | 7530 | $3.48M | 68 | 4 | 0.4% |
| INTERNAL REVENUE SERVICE | 2050 | $2.48M | 8 | 2 | 0.3% |
| DEPT OF THE ARMY | 2100 | $1.02M | 3 | 1 | 0.1% |
| EXPORT-IMPORT BANK OF THE U.S. | 8300 | $1.01M | 5 | 1 | 0.1% |
05 / Contracting Offices
Which contracting offices buy in NAICS 522110?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| FSA ACQUISITIONS OFFICE | 910031 | EDUCATION, DEPARTMENT OF | $620.89M | 324 | 2 | 63.6% |
| GSA FAS AAS REGION 11 | 47QFDA | FEDERAL ACQUISITION SERVICE | $244.47M | 20 | 1 | 25.0% |
| ACQUISITIONS - AQM MOMENTUM | 19AQMM | STATE, DEPARTMENT OF | $49.97M | 22 | 2 | 5.1% |
| DEFENSE FINANCE AND ACCOUNTING SVC | HQ0423 | DEFENSE FINANCE AND ACCOUNTING SERVICE (DFAS) | $38.09M | 39 | 2 | 3.9% |
| PROGRAM SUPPORT CTR SUPPLY SVC CTR | 75P002 | OFFICE OF THE ASSISTANT SECRETARY FOR ADMINISTRATION (ASA) | $8.03M | 14 | 1 | 0.8% |
| NATIONAL CEMETERY ADMIN (36C786) | 36C786 | VETERANS AFFAIRS, DEPARTMENT OF | $6.65M | 17 | 2 | 0.7% |
| OFC OF ACQUISITION AND GRANTS MGMT | 75FCMC | CENTERS FOR MEDICARE AND MEDICAID SERVICES | $3.48M | 68 | 4 | 0.4% |
| SPECIAL OPERATIONS | 2023H2 | INTERNAL REVENUE SERVICE | $1.29M | 5 | 1 | 0.1% |
| WORKFORCE DEVELOPMENT-APDP | 2091JB | INTERNAL REVENUE SERVICE | $1.20M | 2 | 2 | 0.1% |
| W071 ENDIST KANSAS CITY | W912DQ | DEPT OF THE ARMY | $1.02M | 3 | 1 | 0.1% |
06 / Top Vendors
Which contractors lead the NAICS 522110 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| MAXIMUS FEDERAL SERVICES, INC. | $545.59M | 197 | 1 | 55.9% | Sep 16, 2025 |
| BANK OF NEW YORK MELLON CORPORATION, THE | $244.47M | 20 | 1 | 25.0% | Jun 25, 2025 |
| EDUCATIONAL COMPUTER SYSTEMS, INC. | $75.30M | 127 | 1 | 7.7% | Sep 30, 2025 |
| CITIBANK, N.A. | $42.25M | 347 | 25 | 4.3% | Sep 29, 2025 |
| BANK OF AMERICA, NATIONAL ASSOCIATION | $21.44M | 25 | 2 | 2.2% | Apr 10, 2025 |
| U.S. BANK NATIONAL ASSOCIATION | $19.00M | 107 | 11 | 1.9% | Aug 6, 2025 |
| NAVY FEDERAL CREDIT UNION | $16.65M | 18 | 2 | 1.7% | Sep 30, 2025 |
| U.S. BANCORP | $4.93M | 203 | 13 | 0.5% | Sep 29, 2025 |
| MASSMUTUAL ASSET FINANCE LLC | $2.48M | 6 | 1 | 0.3% | Jan 25, 2023 |
| CITIBANK, NATIONAL ASSOCIATION | $2.02M | 28 | 2 | 0.2% | Sep 4, 2025 |
07 / Product and Service Mix
What products and services are purchased under NAICS 522110?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| R710 | SUPPORT- MANAGEMENT: FINANCIAL | $868.56M | 546 | 7 | 89.0% |
| R711 | SUPPORT- MANAGEMENT: BANKING | $94.61M | 417 | 26 | 9.7% |
| R704 | SUPPORT- MANAGEMENT: AUDITING | $6.65M | 17 | 2 | 0.7% |
| S119 | UTILITIES- OTHER | $2.48M | 6 | 1 | 0.3% |
| R499 | SUPPORT- PROFESSIONAL: OTHER | $1.36M | 15 | 4 | 0.1% |
| V999 | TRANSPORTATION/TRAVEL/RELOCATION- OTHER: OTHER | $759.6K | 32 | 3 | 0.1% |
| U009 | EDUCATION/TRAINING- GENERAL | $668.3K | 97 | 1 | 0.1% |
| V112 | TRANSPORTATION/TRAVEL/RELOCATION- TRANSPORTATION: MOTOR FREIGHT | $205.0K | 7 | 1 | 0.0% |
| V119 | TRANSPORTATION/TRAVEL/RELOCATION- TRANSPORTATION: OTHER | $145.0K | 8 | 1 | 0.0% |
| R497 | SUPPORT- PROFESSIONAL: PERSONAL SERVICES CONTRACTS | $134.4K | 22 | 2 | 0.0% |
08 / Buying Pattern
How does the government buy in NAICS 522110?
| Common action type | Obligations | Actions |
|---|---|---|
| DELIVERY ORDER | $104.50M | 559 |
| PURCHASE ORDER | $2.16M | 396 |
| DEFINITIVE CONTRACT | $869.51M | 374 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 522110?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $976.18M market as addressable.