551111 — Offices of Bank Holding Companies
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.
Exclusions & Cross-References
- 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
- Holding the securities of depository banks and operating these entities--are classified in Industry Group
- 5221, Depository Credit Intermediation.
Overview Facts
| NAICS Code | 551111 |
|---|---|
| Industry Title | Offices of Bank Holding Companies |
| SBA Size Standard | $38,500,000 |
| IRS PBA Code | 551111 (exact match) |
| Sectors Hierarchy | Sector 55 → 551 → 5511 |
| Source / Verified | US Census 2022 NAICS Manual / 2026-06-28 |
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 6712 - Offices of Bank Holding Companies (via SIC1987:6712→NAICS1997:551111→2002:551111→2007:551111→2012:551111→2017:551111→2022:551111)
Related Resources & Compliance Guides
Further regulatory reference links for NAICS code 551111:
- Sector 55 Directory Hub — List of related industries in the Management of Companies and Enterprises sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.
Related Industries in 5511
Frequently Asked Questions (FAQ)
Is 551111 a valid 2022 NAICS code?
NAICS 551111 is 'Offices of Bank Holding Companies', a 2022 U.S. national industry under Sector 55 (Management of Companies and Enterprises); the SBA small-business size standard is $38,500,000.
What is the SBA size standard for NAICS 551111?
The SBA small business size standard for NAICS 551111 is $38,500,000 (based on receipts).
What is the legacy SIC code mapping for 551111?
NAICS code 551111 maps to the legacy 1987 SIC codes: 6712 - Offices of Bank Holding Companies.