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Response to: Facebook ‘Shock’ Has Boston Firms Searching for Next Zuckerberg.[1]

Anyone, who is truly serious about “searching” for the next Facebook in the greater Boston area, first has to be serious about getting rid of non-compete agreements in Massachusetts. Not doing so, is to ignore the data and simply to repeat the same mistakes.

The data shows that no companies of any scale have been built in the past 20 years in the restrictive immobile jobs environment that is the result of how non-competes are written, misused, and adjudicated in Massachusetts. Under those conditions, it is not surprising that the pie is getting smaller. Even if the next Facebook was found, the company still couldn’t be built in the environment of non-competes.

During Facebook’s critical growth period, it was able to hire experienced key employees from Google and other Silicon Valley technology companies, without having to consider whether there was a non-compete issue. Though Google lost some employees to Facebook, Google also thrived during the same period. And, it can be argued that Google’s efforts in social media are brought more into focus with a strong Facebook as a competitor.[2]

There are other issues in the Boston innovation culture, but eliminating non-competes would produce a major positive shift in the culture, and would set the stage for addressing the other issues as well. The innovation culture that will result from eliminating non-compete agreements will produce promising scalable companies.

Notes and References

1. Facebook ‘Shock’ Has Boston Firms Searching for Next Zuckerberg. Laura Keeley. Bloomberg. 2011.07.07.
http://www.bloomberg.com/news/2011-07-07/facebook-departure-prompts-boston-venture-capital-firms-to-return-to-city.html

2. For more information on Facebook’s growth, see:
http://www.empiricalreality.com/2011/03/16/the-absence-of-non-competes-fosters-innovation-and-growth-addendum/

3. In the making: A revolution to rid Massachusetts of noncompete agreements. Scott Kirsner. The Boston Globe. 2011.07.07, 2011.07.03.
http://www.boston.com/business/technology/innoeco/2011/07/needed_a_revolution_to_rid_mas.html
http://www.boston.com/business/technology/articles/2011/07/03/noncompete_clauses_stifling_to_creativity_in_mass/

The charts and data below update the previous analysis of S&P-1500 Technology Company Founding Dates. Data is shown for all 7 S&P Industry Sectors across the S&P-1500 Companies located in the 12 major CSAs. This uses the same data set as used in the previous several posts, based on the S&P-1500 as of close of business on Friday May 6 2011. See the Overview for further background.

Summary Observations:

One third of all S&P-1500 companies founded since 1991 are in the Technology Sector. This rate is almost twice the rate of any other Sector. These Technology Sector companies represent 55% of the market capitalization and 35% of the revenue of all S&P-1500 companies founded since 1991.

The San Jose/San Francisco CSA continues to expand its lead in the creation of S&P Technology Sector companies, and has 28% of the Technology Sector companies founded since 1991. These companies have 57% of the market capitalization and 45% of the revenue of all Technology Sector companies founded since 1991.

Compared to the Boston CSA, since 1991, and normalizing for population size, the New York and Los Angeles CSAs, each created Technology Sector companies at a slightly greater rate; the Washington DC CSA, at more than twice the rate; and the Seattle CSA, at more than 5 times the rate.

The S&P Financial Sector has 17% of all S&P-1500 founded since 1991. The New York CSA clearly leads, with 20% of the Sector’s companies founded since 1991. The Chicago CSA also shows strong relative growth.

In the S&P Health Care Sector, no CSA particularly stands out; although the San Jose/San Francisco CSA since 1991 has created notably more companies than other CSAs.

In the S&P Consumer Sector, the Los Angeles CSA leads in the creation of companies founded since 1991.

In the S&P Natural Resources Sector, the Houston CSA clearly dominates.

Technology Sector Company Founding Dates

Chart 1a plots the founding dates for the S&P-1500 Technology Sector Companies located in the 12 major CSAs.

Each line represents a CSA. A square marker on the line represents the founding of a company. The x axis is the year the company was founded. The y axis is the cumulative number of companies founded in the corresponding CSA. The legend lists the CSAs with abbreviated names, their local airport or train station code; the CSAs are listed in decreasing order of cumulative number of companies founded, corresponding to the end point of each line. The color assigned to each CSA is consistent across all charts below to more easily enable comparisons. Selecting the chart will provide a full size view of the chart. A line at 1991 delineates companies founded before and since 1991.

As before, the San Jose CSA dominates the Technology Sector by a wide margin; the San Jose CSA includes the greater San Francisco metropolitan area.

Chart 1a.
Click on chart to see full size.

Chart 1b also plots the founding dates for the S&P-1500 Technology Sector Companies as above, but changes the scale of the y-axis to better show the relationship of CSAs other than the San Jose CSA.

Since 1991, the New York CSA created 10 companies in the S&P technology sector; the Boston CSA created 2 companies; the Los Angeles CSA created 7; the Washington DC CSA and the Seattle CSA each created 6 companies.

Compared to the Boston and San Jose CSAs, which have roughly equal total population, the New York CSA has roughly 3 times the population; the Los Angeles CSA has ~2.4 times the population; Washington DC DCA has ~1.1 times the population; and the Seattle CSA ~0.55 times the population.

Thus, compared to the Boston CSA, since 1991, and normalizing for population size, the New York and Los Angeles CSAs, each created S&P Technology Sector companies at a slightly greater rate; the Washington DC CSA, at more than twice the rate; and the Seattle CSA, at more than 5 times the rate.

Chart 1b.
Click on chart to see full size.

Health Care Sector Company Founding Dates

Chart 2 plots the founding dates for the S&P-1500 Health Care Sector Companies located in the 9 major CSAs having companies founded since 1991. The remaining 3 CSAs had no Health Care companies founded since 1991. Here and in following charts for the respective S&P Sectors, only CSAs having companies founded since 1991 are shown in the charts.

The New York CSA has the largest number of S&P-1500 Health Care Sector companies overall at 22, but only 1 was founded since 1991. The Boston CSA and the San Jose CSA each have 15 companies overall. The Boston CSA has 2 companies founded since 1991, whereas the San Jose CSA has 4, and the Los Angeles and the Washington DC CSAs each have 3.

Chart 2.
Click on chart to see full size.

Consumer Sector Company Founding Dates

Chart 3 plots the founding dates for the S&P-1500 Consumer Sector Companies located in the 7 major CSAs having companies founded since 1991. A chart line for the Boston CSA is also shown, though the most recently founded company was in 1985 (Staples).

The New York CSA comparatively has significantly more S&P-1500 Consumer Sector companies overall at 22, but only 1 was founded since 1991. The Los Angeles CSA has 7 companies founded since 1991, more than any other CSA. The Chicago CSA has 3 companies founded since 1991.

Chart 3.
Click on chart to see full size.

Cyclical Sector Company Founding Dates

Chart 4 plots the founding dates for the S&P-1500 Cyclical Sector Companies located in the 8 of 12 CSAs having companies founded since 1991. In addition, the Houston CSA is also shown.

The New York CSA has both the largest number overall of companies in the Cyclical Sector at 30 and the largest number of companies founded since 1991 in the Sector at 7. Relative to the size of the population, the Minneapolis, Atlanta and Chicago CSAs also are well represented in the S&P-1500 Cyclical Sector and in companies founded since 1991.

The Cyclical Sector is less concentrated in the 12 CSAs relative to the concentration of companies in the Technology, Health Care, and Consumer Sectors. Half of Cyclical Sector companies are located outside of the 12 CSAs. The Cleveland and Milwaukee CSAs each have a significant concentration of Cyclical Sector companies, roughly on par with Minneapolis, and probably should be shown in the chart.

Chart 4.

Click on chart to see full size.

Financial Sector Company Founding Dates

Chart 5 plots the founding dates for the S&P-1500 Financial Sector Companies located in the 9 major CSAs having companies founded since 1991.

Unsurprisingly, the New York CSA has the largest concentration of Financial Sector companies. The Los Angeles, Chicago, Boston, and Washington DC CSAs are also well represented in both total number of companies and companies founded since 1991.

Chart 5.
Click on chart to see full size.

Natural Resources Sector Company Founding Dates

Chart 6 plots the founding dates for the S&P-1500 Natural Resources Sector Companies located in the 5 major CSAs having companies founded since 1991. The Houston CSA is also shown.

Unsurprisingly, the Houston CSA with its concentration of oil industry companies has the largest number of Natural Resources Sector companies.

Chart 6.

Click on chart to see full size.

Utilities Sector Company Founding Dates

Chart 7 plots the founding dates for the S&P-1500 Utilities Sector Companies located in the 5 major CSAs having companies founded since 1991. Each CSA has 1 company founded since 1991

The Utilities Sector is the smallest of the 7 Sectors by market capitalization, and even relative to its size has smallest number of companies founded since 1991.

Chart 7.
Click on chart to see full size.

Notes and References

See the overview of this series for Notes and References.

Utilities Sector Companies included in the S&P-1500, as of close of business on May 6 2011, are described below. See S&P 1500 Sectors and Companies for an overview of this series of posts.

The first group of tables show summary information for the Utilities Sector companies across 12 major CSAs and other areas. The tables are followed by interactive maps for each of the 12 CSAs showing company locations. Select here to go to the location maps.

Table 1 shows summary information for Utilities Sector Companies across the major CSAs and also for the Utilities Sector companies that are located outside of the listed CSAs (Other).

Shown for each CSA are: the total number of companies in the Sector; the number of companies in the Sector that were founded since 1991; the total market capitalization of companies in the Sector; the market capitalization for the companies in the Sector that were founded since 1991; the total revenue of companies in the Sector; the revenue for the companies in the Sector that were founded since 1991; the total number of employees world-wide of companies in the Sector; the number of employees world-wide for the companies in the Sector that were founded since 1991.

Table 1.

Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
Utilities 87  860.10B  70.66B  702.32B  42.15B  1.05M  50,528 
Boston 26.18B  20.84B  5.53B  1.99B  6,494  1,729 
San Jose-SF 18.13B  13.84B  19,424 
New York 155.98B  149.11B  245,070 
Washington DC 24.08B  41.04B  43,553 
Los Angeles 13.50B  12.81B  20,836 
Dallas 194.28B  6.18B  133.72B  4.07B  269,203  3,600 
Seattle
Chicago 43.38B  497.97M  38.76B  199.83M  46,931  230 
Atlanta 37.24B  427.80M  20.13B  451.96M  30,505  1,944 
Philadelphia 8.35B  7.39B  12,082 
Minneapolis 11.76B  10.32B  11,290 
Denver 3.30B  3.30B  1.27B  1.27B  2,975  2,975 
(Other) 51  323.92B  39.41B  268.40B  34.17B  343,150  40,050 

Table 2 shows company average information for Utilities Sector Companies across 12 major CSAs and also for the companies that are located outside of the listed CSAs (Other).

Shown for each CSA are: the average market capitalization per company in the Sector; the average market capitalization per company in the Sector for companies founded since 1991; the average revenue per company in the Sector; the average revenue per company for the companies founded since 1991; the average number of employees world-wide per company in the Sector; the average number of employees world-wide per company for the companies founded since 1991. The first 2 columns showing number of companies are the same as in Table 1.

Table 2.

Average per Company
Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
Utilities 87  9.89B  7.85B  8.07B  4.68B  12,086  5,614 
Boston 8.73B  20.84B  1.84B  1.99B  2,165  1,729 
San Jose-SF 18.13B  13.84B  19,424 
New York 19.50B  18.64B  30,634 
Washington DC 4.82B  8.21B  8,711 
Los Angeles 6.75B  6.40B  10,418 
Dallas 64.76B  6.18B  44.57B  4.07B  89,734  3,600 
Seattle
Chicago 7.23B  497.97M  6.46B  199.83M  7,822  230 
Atlanta 12.41B  427.80M  6.71B  451.96M  10,168  1,944 
Philadelphia 2.78B  2.46B  4,027 
Minneapolis 11.76B  10.32B  11,290 
Denver 3.30B  3.30B  1.27B  1.27B  2,975  2,975 
(Other) 51  6.35B  9.85B  5.26B  8.54B  6,728  10,012 

Table 3 shows per capita information for Utilities Sector Companies across 12 major CSAs. Since the different CSAs have different populations, per capita measures indicate the Sector’s relative contribution and importance to the local economy. Per capita information is not provided for the companies outside of the 12 major CSAs.

Shown for each CSA are: the per capita market capitalization per company in the Sector; the per capita market capitalization per company in the Sector for companies founded since 1991; the per capita revenue per company in the Sector; the per capita revenue per company for the companies founded since 1991; The columns showing number of companies and number of employees are the same as in Table 1.

Table 3.

Per Capita
Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
12 CSAs 36  8,401  690  6,860  411  708,363  10,478 
Boston 3,484  2,773  735  264  6,494  1,729 
San Jose-SF 2,465  1,882  19,424 
New York 7,040  6,730  245,070 
Washington DC 2,903  4,948  43,553 
Los Angeles 758  720  20,836 
Dallas 29,192  928  20,092  611  269,203  3,600 
Seattle
Chicago 4,429  50  3,958  20  46,931  230 
Atlanta 6,500  74  3,514  78  30,505  1,944 
Philadelphia 1,305  1,155  12,082 
Minneapolis 3,301  2,897  11,290 
Denver 1,082  1,082  416  416  2,975  2,975 

S&P-1500 Utilities Sector Company Locations for 12 CSAs

An interactive map is presented for each CSA. The underlying map data is somewhat complicated, and the maps may require a little time to load; sometimes you may need to reload a map by right clicking on the map and selecting “reload this frame” from the popup menu.

The location of each company is shown with a yellow pushpin marker. Selecting the pushpin will popup an information window briefly describing the company: stock symbol, name, address, website, market capitalization, revenue, employeess, etc. You can navigate around the embedded map, but it only shows the companies within the respective CSA.

All of the embedded maps are shown at the same scale, centered on the CSA’s company locations. Occassionally, a company location will be outside of the current view, but you can navigate to it or zoom out to see wider geographic area.

Below the embedded map is a link to a full size map, also centered among the companies in the CSA. The full size map includes all Utilities Sector companies. Thus, you can navigate outside of the CSA, across the US, and beyond to see Utilities Sector companies in other locales.

After the map, the CSA’s Utilities Sector companies are listed in two groups: those founded since 1991, and those founded before 1991. In the lists, selecting the bullet for the list item will take you to a full size map centered on the company location; selecting the stock symbol will take you to the company’s Yahoo!Finance page; selecting the company name will take you to the company’s website.

A map and company lists are also provided for companies that are located outside of the 12 major CSAs. The map shows the entire U.S., and only shows those companies not shown in the other maps.

CS148: Boston-Worcester-Manchester, MA-RI-NH CSA


Select here for a full size map.

There are 3 Utilities Sector companies in the Boston CSA.

The one company founded since 1991 is:

AMT American Tower Corp A

The 2 companies founded prior to 1991 are:

ATNI Atlantic Tel-Net

NST NSTAR

CS488: San Jose-San Francisco-Oakland, CA CSA


Select here for a full size map.

There is one Utilities Sector company in the San Jose-SF CSA.

None of these companies were founded since 1991.

The one company founded prior to 1991 is:

PCG PG&E Corporation

CS408: New York-Newark-Bridgeport, NY-NJ-CT-PA CSA


Select here for a full size map.

There are 8 Utilities Sector companies in the New York CSA.

None of these companies were founded since 1991.

The 8 companies founded prior to 1991 are:

CHG CH Energy Group Inc
ED Consolidated Edison Inc
FTR Frontier Communications Corp
NRG NRG Energy

NJR New Jersey Resources Corp
PEG Public Service Enterprise Grp
UIL Uil Holdings Corp
VZ Verizon Communications Inc

CS548: Washington-Baltimore-Northern Virginia, DC-MD-VA-WV CSA


Select here for a full size map.

There are 5 Utilities Sector companies in the Washington DC CSA.

None of these companies were founded since 1991.

The 5 companies founded prior to 1991 are:

AES AES Corp
CEG Constellation Energy Group
POM Pepco Holdings Inc

USMO USA Mobility Inc
WGL WGL Holdings Inc

CS348: Los Angeles-Long Beach-Riverside, CA CSA


Select here for a full size map.

There are 2 Utilities Sector companies in the Los Angeles CSA.

None of these companies were founded since 1991.

The 2 companies founded prior to 1991 are:

AWR American States Water Co

EIX Edison Intl

CS206: Dallas-Fort Worth, TX CSA


Select here for a full size map.

There are 3 Utilities Sector companies in the Dallas CSA.

The one company founded since 1991 is:

PCS Metropcs Communications Inc

The 2 companies founded prior to 1991 are:

T AT&T Inc

ATO Atmos Energy Corp

CS500: Seattle-Tacoma-Olympia, WA CSA


Select here for a full size map.

There are no Utilities Sector companies in the Seattle CSA.

CS176: Chicago-Naperville-Michigan City, IL-IN-WI CSA


Select here for a full size map.

There are 6 Utilities Sector companies in the Chicago CSA.

The one company founded since 1991 is:

TNDM Neutral Tandem Inc

The 5 companies founded prior to 1991 are:

EXC Exelon Corp
TEG Integrys Energy Group Inc
GAS NICOR Inc

NI Nisource Inc
TDS Telephone & Data Systems Inc

CS122: Atlanta-Sandy Springs-Gainesville, GA-AL CSA


Select here for a full size map.

There are 3 Utilities Sector companies in the Atlanta CSA.

The one company founded since 1991 is:

CBEY Cbeyond, Inc.

The 2 companies founded prior to 1991 are:

AGL AGL Resources

SO Southern Co

CS428: Philadelphia-Camden-Vineland, PA-NJ-DE-MD CSA


Select here for a full size map.

There are 3 Utilities Sector companies in the Philadelphia CSA.

None of these companies were founded since 1991.

The 3 companies founded prior to 1991 are:

WTR Aqua America Inc
SJI South Jersey Industries Inc

UGI UGI Corp

CS378: Minneapolis-St. Paul-St. Cloud, MN-WI CSA


Select here for a full size map.

There is one Utilities Sector company in the Minneapolis CSA.

None of these companies were founded since 1991.

The one company founded prior to 1991 is:

XEL Xcel Energy Inc

CS216: Denver-Aurora-Boulder, CO CSA


Select here for a full size map.

There is one Utilities Sector company in the Denver CSA.

The one company founded since 1991 is:

TWTC tw telecom inc

None of these companies were founded prior to 1991.

99999: Companies Located Outside of Above CSAs


Select here for a full size map.

There are 51 Utilities Sector companies that are located outside of the above CSAs. The lists below are sorted by state and county (and country), in order to more readily show company location and possible proximities.

The 4 companies founded since 1991 are:

SRE Sempra Energy, CA
DTE DTE Energy Co, MI

FE FirstEnergy Corp, OH
OGE OGE Energy Corp, OK

The 47 companies founded prior to 1991 are:

EGN Energen Corp, AL
GNCMA General Communication A, AK
PNW Pinnacle West Capital (AZ), AZ
UNS Unisource Energy Co, AZ
WIN Windstream Corp, AR
NU Northeast Utilities, CT
TE TECO Energy Inc, FL
NEE NextEra Energy Inc, FL
HE Hawaiian Electric Industries, HI
IDA IDACORP Inc, ID
DUK Duke Energy Corp, IN
VVC Vectren Corp, IN
S Sprint Nextel Corp, KS
WR Westar Energy Inc, KS
ETR Entergy Corp, LA
CTL CenturyLink Inc, LA
CNL Cleco Corp, LA
CMS CMS Energy Corp, MI
ALE Allete Inc, MN
GXP Great Plains Energy Inc, MO
AEE Ameren Corp, MO
LG Laclede Group Inc, MO
NVE NV Energy Inc, NV
SWX Southwest Gas Corp, NV

PNM PNM Resources Inc, NM
NFG National Fuel Gas, NY
PNY Piedmont Natural Gas Inc, NC
PGN Progress Energy Inc, NC
MDU MDU Resources Group Inc, ND
AEP American Electric Power, OH
CBB Cincinnati Bell Inc, OH
DPL DPL Inc, OH
OKE ONEOK Inc, OK
NWN Northwest Natural Gas Co, OR
PPL PPL Corp, PA
SCG SCANA Corp, SC
NWE Northwestern Corp, SD
BKH Black Hills Corp, SD
EE El Paso Electric Co, TX
CNP Centerpoint Energy Inc, TX
STR Questar Corp, UT
CV Central Vermont Public Service, VT
D Dominion Resources Inc, VA
NTLS NTELOS Hldg, VA
AVA Avista Corp, WA
LNT Alliant Energy Corp, WI
WEC Wisconsin Energy Corp, WI

Notes and References

See the overview of this series for Notes and References.

Natural Resources Sector Companies included in the S&P-1500, as of close of business on May 6 2011, are described below. See S&P 1500 Sectors and Companies for an overview of this series of posts.

The first group of tables show summary information for the Natural Resources Sector companies across 12+1 major CSAs and other areas. The Houston CSA is shown separately from “Other” areas below, due to its importance to the Sector. The tables are followed by interactive maps for each of the 12+1 CSAs showing company locations. Select here to go to the location maps.

Table 1 shows summary information for Natural Resources Sector Companies across the major CSAs and also for the Natural Resources Sector companies that are located outside of the listed CSAs (Other).

Shown for each CSA are: the total number of companies in the Sector; the number of companies in the Sector that were founded since 1991; the total market capitalization of companies in the Sector; the market capitalization for the companies in the Sector that were founded since 1991; the total revenue of companies in the Sector; the revenue for the companies in the Sector that were founded since 1991; the total number of employees world-wide of companies in the Sector; the number of employees world-wide for the companies in the Sector that were founded since 1991.

Table 1.

Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
Natural Resources 123  18  1.81T  49.58B  1.47T  19.24B  1.18M  40,917 
Boston
San Jose-SF 206.53B  201.28B  62,000 
New York 34.06B  42.63B  40,800 
Washington DC
Los Angeles 87.43B  20.17B  13,300 
Dallas 10  446.71B  12.74B  381.35B  2.73B  95,661  2,700 
Seattle
Chicago 8.10B  4.17B  6.30B  2.93B  20,683  10,200 
Atlanta 3.86B  1.20B  4.47B  1.40B  14,860  4,460 
Philadelphia 9.39B  45.11B  19,700 
Minneapolis 1.24B  1.24B  59.57M  59.57M  11  11 
Denver 58.76B  10.09B  24.03B  2.32B  32,955  1,055 
Houston 37  629.58B  8.82B  407.94B  4.18B  437,793  7,730 
(Other) 51  323.62B  11.32B  334.11B  5.62B  442,101  14,761 

Unsurprisingly, the Houston CSA with its concentration of oil industry companies has the largest number of Natural Resources Sector companies.

Table 2 shows company average information for Natural Resources Sector Companies across 12+1 major CSAs and also for the companies that are located outside of the listed CSAs (Other).

Shown for each CSA are: the average market capitalization per company in the Sector; the average market capitalization per company in the Sector for companies founded since 1991; the average revenue per company in the Sector; the average revenue per company for the companies founded since 1991; the average number of employees world-wide per company in the Sector; the average number of employees world-wide per company for the companies founded since 1991. The first 2 columns showing number of companies are the same as in Table 1.

Table 2.

Average per Company
Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
Natural Resources 123  18  14.71B  2.75B  11.93B  1.07B  9,592  2,273 
Boston
San Jose-SF 206.53B  201.28B  62,000 
New York 8.51B  10.66B  10,200 
Washington DC
Los Angeles 43.72B  10.09B  6,650 
Dallas 10  44.67B  6.37B  38.13B  1.36B  9,566  1,350 
Seattle
Chicago 2.02B  2.08B  1.57B  1.47B  5,171  5,100 
Atlanta 1.29B  601.07M  1.49B  698.95M  4,953  2,230 
Philadelphia 4.70B  22.55B  9,850 
Minneapolis 1.24B  1.24B  59.57M  59.57M  11  11 
Denver 7.34B  5.04B  3.00B  1.16B  4,119  527 
Houston 37  17.02B  4.41B  11.03B  2.09B  11,832  3,865 
(Other) 51  6.35B  1.62B  6.55B  802.60M  8,669  2,109 

Table 3 shows per capita information for Natural Resources Sector Companies across 12+1 major CSAs. Since the different CSAs have different populations, per capita measures indicate the Sector’s relative contribution and importance to the local economy. Per capita information is not provided for the companies outside of the 12 major CSAs.

Shown for each CSA are: the per capita market capitalization per company in the Sector; the per capita market capitalization per company in the Sector for companies founded since 1991; the per capita revenue per company in the Sector; the per capita revenue per company for the companies founded since 1991; The columns showing number of companies and number of employees are the same as in Table 1.

Table 3.

Per Capita
Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
12+1 CSAs 72  11  16,699  457  13,543  177  737,763  26,156 
Boston
San Jose-SF 28,082  27,368  62,000 
New York 1,537  1,924  40,800 
Washington DC
Los Angeles 4,916  1,134  13,300 
Dallas 10  67,121  1,914  57,300  409  95,661  2,700 
Seattle
Chicago 827  425  642  299  20,683  10,200 
Atlanta 674  209  779  243  14,860  4,460 
Philadelphia 1,467  7,050  19,700 
Minneapolis 348  348  16  16  11  11 
Denver 19,267  3,309  7,879  761  32,955  1,055 
Houston 37  105,483  1,478  68,348  700  437,793  7,730 

S&P-1500 Natural Resources Sector Company Locations for 12+1 CSAs

An interactive map is presented for each CSA. The underlying map data is somewhat complicated, and the maps may require a little time to load; sometimes you may need to reload a map by right clicking on the map and selecting “reload this frame” from the popup menu.

The location of each company is shown with a pink pushpin marker. Selecting the pushpin will popup an information window briefly describing the company: stock symbol, name, address, website, market capitalization, revenue, employeess, etc. You can navigate around the embedded map, but it only shows the companies within the respective CSA.

All of the embedded maps are shown at the same scale, centered on the CSA’s company locations. Occassionally, a company location will be outside of the current view, but you can navigate to it or zoom out to see wider geographic area.

Below the embedded map is a link to a full size map, also centered among the companies in the CSA. The full size map includes all Natural Resources Sector companies. Thus, you can navigate outside of the CSA, across the US, and beyond to see Natural Resources Sector companies in other locales.

After the map, the CSA’s Natural Resources Sector companies are listed in two groups: those founded since 1991, and those founded before 1991. In the lists, selecting the bullet for the list item will take you to a full size map centered on the company location; selecting the stock symbol will take you to the company’s Yahoo!Finance page; selecting the company name will take you to the company’s website.

A map and company lists are also provided for companies that are located outside of the 12+1 major CSAs. The map shows the entire U.S., and only shows those companies not shown in the other maps.

CS148: Boston-Worcester-Manchester, MA-RI-NH CSA


Select here for a full size map.

There are no Natural Resources Sector companies in the Boston CSA.

CS488: San Jose-San Francisco-Oakland, CA CSA


Select here for a full size map.

There is one Natural Resources Sector company in the San Jose-SF CSA.

None of these companies were founded since 1991.

The one company founded prior to 1991 is:

CVX Chevron Corp

CS408: New York-Newark-Bridgeport, NY-NJ-CT-PA CSA


Select here for a full size map.

There are 4 Natural Resources Sector companies in the New York CSA.

None of these companies were founded since 1991.

The 4 companies founded prior to 1991 are:

HES Hess Corp
OSG Overseas Shipholding Group

SEE Sealed Air Corp
SLGN Silgan Hldgs Inc

CS548: Washington-Baltimore-Northern Virginia, DC-MD-VA-WV CSA


Select here for a full size map.

There are no Natural Resources Sector companies in the Washington DC CSA.

CS348: Los Angeles-Long Beach-Riverside, CA CSA


Select here for a full size map.

There are 2 Natural Resources Sector companies in the Los Angeles CSA.

None of these companies were founded since 1991.

The 2 companies founded prior to 1991 are:

KALU Kaiser Aluminum

OXY Occidental Petroleum

CS206: Dallas-Fort Worth, TX CSA


Select here for a full size map.

There are 10 Natural Resources Sector companies in the Dallas CSA.

The 2 companies founded since 1991 are:

PXD Pioneer Natural Resources

KWK Quicksilver Resources Inc

The 8 companies founded prior to 1991 are:

CRK Comstock Res Inc
DNR Denbury Resources Inc
EXP Eagle Materials Inc
XOM Exxon Mobil Corp

HOC Holly Corp
RRC Range Resources Corp
TXI Texas Industries Inc
TIE Titanium Metals Corp

CS500: Seattle-Tacoma-Olympia, WA CSA


Select here for a full size map.

There are no Natural Resources Sector companies in the Seattle CSA.

CS176: Chicago-Naperville-Michigan City, IL-IN-WI CSA


Select here for a full size map.

There are 4 Natural Resources Sector companies in the Chicago CSA.

The 2 companies founded since 1991 are:

ATR AptarGroup Inc

KS Kapstone Paper and Packaging Corp

The 2 companies founded prior to 1991 are:

ACO Amcol Intl Corp

PKG Packaging Corp of America

CS122: Atlanta-Sandy Springs-Gainesville, GA-AL CSA


Select here for a full size map.

There are 3 Natural Resources Sector companies in the Atlanta CSA.

The 2 companies founded since 1991 are:

NP Neenah Paper Inc

SWM Schweitzer-Mauduit

The one company founded prior to 1991 is:

RKT Rock-Tenn A

CS428: Philadelphia-Camden-Vineland, PA-NJ-DE-MD CSA


Select here for a full size map.

There are 2 Natural Resources Sector companies in the Philadelphia CSA.

None of these companies were founded since 1991.

The 2 companies founded prior to 1991 are:

PVA Penn Virginia Corp

SUN Sunoco Inc

CS378: Minneapolis-St. Paul-St. Cloud, MN-WI CSA


Select here for a full size map.

There is one Natural Resources Sector company in the Minneapolis CSA.

The one company founded since 1991 is:

NOG Northern Oil And Gas Inc

None of these companies were founded prior to 1991.

CS216: Denver-Aurora-Boulder, CO CSA


Select here for a full size map.

There are 8 Natural Resources Sector companies in the Denver CSA.

The 2 companies founded since 1991 are:

BBG Bill Barrett Corp

XEC Cimarex Energy Co

The 6 companies founded prior to 1991 are:

BLL Ball Corp
FST Forest Oil
NEM Newmont Mining Corp

PETD Petroleum Development Corp
QEP QEP Resources
SM SM Energy Co

CS288: Houston-Baytown-Huntsville, TX CSA


Select here for a full size map.

There are 37 Natural Resources Sector companies in the Houston CSA.

The 2 companies founded since 1991 are:

OIS Oil States Intl Inc

PXP Plains Exploration & Production Co

The 35 companies founded prior to 1991 are:

APC Anadarko Petroleum Corp
APA Apache Corp
ATW Atwood Oceanics Inc
BHI Baker Hughes Inc
BRS Bristow Group Inc
COG Cabot Oil & Gas A
CAM Cameron International Corp
CRR Carbo Ceramics Inc
COP ConocoPhillips
MCF Contango Oil & Gas Co
DO Diamond Offshore Drilling
DRQ Dril-Quip Inc
EOG EOG Resources
EP El Paso Corp
EXH Exterran Holdings Inc
FTI FMC Technologies Inc
FTO Frontier Oil Corp
GEOI GeoResources Inc

HAL Halliburton Co
HLX Helix Energy Solutions Group Inc
IO ION Geophysical Corp
MRO Marathon Oil Corp
NOV National Oilwell Varco Inc
NFX Newfield Exploration Co
NBL Noble Energy Inc
OII Oceaneering Intl Inc
PTEN Patterson-UTI Energy Inc
PDE Pride Intl Inc
RDC Rowan Companies Inc
SLB Schlumberger Ltd
SUG Southern Union Co
SWN Southwestern Energy Co
SE Spectra Energy Corp
SFY Swift Energy Co
TTI Tetra Technologies Inc

99999: Companies Located Outside of Above CSAs


Select here for a full size map.

There are 51 Natural Resources Sector companies that are located outside of the above CSAs. The lists below are sorted by state and county (and country), in order to more readily show company location and possible proximities.

The 7 companies founded since 1991 are:

CMP Compass Minerals Intl, KS
SGY Stone Energy Corp, LA
SPN Superior Energy Services Inc, LA
HOS Hornbeck Offshore Services, LA

GPOR Gulfport Energy Corp, OK
BKI Buckeye Technologies Inc, TN
BAS Basic Energy Services, TX

The 44 companies founded prior to 1991 are:

NBR Nabors Industries Ltd, Pembroke
NE Noble Corp, ZG
VMC Vulcan Materials Co, AL
FCX Freeport McMoRan Copper & Gold, AZ
DEL Deltic Timber, AR
MUR Murphy Oil Corp, AR
CENX Century Aluminum Co, CA
CKH SEACOR Holdings Inc., FL
INT World Fuel Services Corp, FL
PQ Petroquest Energy Inc, LA
TDW Tidewater Inc, LA
GIFI Gulf Island Fabrication Inc, LA
ACI Arch Coal, MO
PCX Patriot Coal Corp, MO
BTU Peabody Energy Corp, MO
MLM Martin Marietta Materials, NC
MTRN Materion Corporation, OH
GEF Greif Bros Corp, OH
MYE Myers Industries Inc, OH
OI Owens-Illinois Inc, OH
CHK Chesapeake Energy Corp, OK
DVN Devon Energy Corp, OK

HP Helmerich & Payne Inc, OK
MTRX Matrix Service Co, OK
UNT Unit Corp, OK
WMB Williams Cos Inc, OK
AA Alcoa Inc, PA
EQT EQT Corporation, PA
RTI RTI International Metals Inc, PA
CNX CONSOL Energy Inc, PA
SON Sonoco Products Co, SC
LPX Louisiana Pacific Corp, TN
IP Intl Paper Co, TN
LUFK Lufkin Industries Inc, TX
PDC Pioneer Drilling Co, TX
TSO Tesoro Corp, TX
VLO Valero Energy Corp, TX
TIN Temple-Inland Inc, TX
HW Headwaters Inc, UT
MEE Massey Energy Co, VA
MWV MeadWestvaco Corp, VA
CLW Clearwater Paper Corp, WA
WPP Wausau Paper Corp., WI
BMS Bemis Co Inc, WI

Notes and References

See the overview of this series for Notes and References.

Updated 2011.05.20 to show the Houston CSA separately from the “Other” category because of its large concentration of Natural Resources Sector companies.

Financial Sector Companies included in the S&P-1500, as of close of business on May 6 2011, are described below. See S&P 1500 Sectors and Companies for an overview of this series of posts.

The first group of tables show summary information for the Financial Sector companies across 12 major CSAs and other areas. The tables are followed by interactive maps for each of the 12 CSAs showing company locations. Select here to go to the location maps.

Table 1 shows summary information for Financial Sector Companies across the major CSAs and also for the Financial Sector companies that are located outside of the listed CSAs (Other).

Shown for each CSA are: the total number of companies in the Sector; the number of companies in the Sector that were founded since 1991; the total market capitalization of companies in the Sector; the market capitalization for the companies in the Sector that were founded since 1991; the total revenue of companies in the Sector; the revenue for the companies in the Sector that were founded since 1991; the total number of employees world-wide of companies in the Sector; the number of employees world-wide for the companies in the Sector that were founded since 1991.

Table 1.

Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
Financial 264  40  2.08T  102.68B  1.30T  34.50B  2.93M  77,206 
Boston 12  58.85B  11.60B  19.12B  2.98B  39,761  1,910 
San Jose-SF 216.57B  273.71M  82.54B  161.97M  298,005  641 
New York 54  790.30B  22.37B  556.80B  4.99B  1.08M  7,072 
Washington DC 12  92.12B  6.07B  29.30B  1.51B  47,137  73 
Los Angeles 18  76.38B  5.71B  19.61B  754.65M  52,505  1,093 
Dallas 15.45B  926.75M  7.76B  236.44M  23,418  699 
Seattle 21.04B  8.19B  17,770 
Chicago 17  123.40B  7.24B  67.72B  3.89B  196,575  43,409 
Atlanta 36.77B  8.63B  12.53B  1.15B  37,093  933 
Philadelphia 22.17B  14.62B  18,030 
Minneapolis 66.31B  26.29B  77,080 
Denver 18.92B  12.13B  3.75B  2.09B  6,866  4,200 
(Other) 111  14  543.93B  27.73B  453.17B  16.74B  1.03M  17,176 

Unsurprisingly, the New York CSA has the largest concentration of Financial Sector companies. The Los Angeles, Chicago, Boston, and Washington DC CSAs are also well represented in both total number of companies and companies founded since 1991.

Table 2 shows company average information for Financial Sector Companies across 12 major CSAs and also for the companies that are located outside of the listed CSAs (Other).

Shown for each CSA are: the average market capitalization per company in the Sector; the average market capitalization per company in the Sector for companies founded since 1991; the average revenue per company in the Sector; the average revenue per company for the companies founded since 1991; the average number of employees world-wide per company in the Sector; the average number of employees world-wide per company for the companies founded since 1991. The first 2 columns showing number of companies are the same as in Table 1.

Table 2.

Average per Company
Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
Financial 264  40  7.89B  2.57B  4.93B  862.54M  11,092  1,930 
Boston 12  4.90B  3.87B  1.59B  992.23M  3,313  636 
San Jose-SF 24.06B  273.71M  9.17B  161.97M  33,112  641 
New York 54  14.64B  2.80B  10.31B  623.22M  20,050  884 
Washington DC 12  7.68B  2.02B  2.44B  503.18M  3,928  24 
Los Angeles 18  4.24B  1.90B  1.09B  251.55M  2,917  364 
Dallas 2.57B  926.75M  1.29B  236.44M  3,903  699 
Seattle 5.26B  2.05B  4,442 
Chicago 17  7.26B  1.81B  3.98B  973.62M  11,563  10,852 
Atlanta 7.35B  8.63B  2.51B  1.15B  7,419  933 
Philadelphia 2.77B  1.83B  2,254 
Minneapolis 16.58B  6.57B  19,270 
Denver 4.73B  6.07B  937.01M  1.05B  1,716  2,100 
(Other) 111  14  4.90B  1.98B  4.08B  1.20B  9,291  1,227 

Table 3 shows per capita information for Financial Sector Companies across 12 major CSAs. Since the different CSAs have different populations, per capita measures indicate the Sector’s relative contribution and importance to the local economy. Per capita information is not provided for the companies outside of the 12 major CSAs.

Shown for each CSA are: the per capita market capitalization per company in the Sector; the per capita market capitalization per company in the Sector for companies founded since 1991; the per capita revenue per company in the Sector; the per capita revenue per company for the companies founded since 1991; The columns showing number of companies and number of employees are the same as in Table 1.

Table 3.

Per Capita
Companies Market Cap Revenue Employees
total >=1991 total >=1991 total >=1991 total >=1991
12 CSAs 153  26  20,338  1,003  12,711  336  1.90M  60,030 
Boston 12  7,831  1,544  2,545  396  39,761  1,910 
San Jose-SF 29,448  37  11,223  22  298,005  641 
New York 54  35,672  1,010  25,132  225  1.08M  7,072 
Washington DC 12  11,105  731  3,532  181  47,137  73 
Los Angeles 18  4,294  320  1,103  42  52,505  1,093 
Dallas 2,321  139  1,166  35  23,418  699 
Seattle 5,148  2,005  17,770 
Chicago 17  12,601  739  6,915  397  196,575  43,409 
Atlanta 6,417  1,506  2,187  200  37,093  933 
Philadelphia 3,465  2,284  18,030 
Minneapolis 18,615  7,379  77,080 
Denver 6,204  3,978  1,229  685  6,866  4,200 

S&P-1500 Financial Sector Company Locations for 12 CSAs

An interactive map is presented for each CSA. The underlying map data is somewhat complicated, and the maps may require a little time to load; sometimes you may need to reload a map by right clicking on the map and selecting “reload this frame” from the popup menu.

The location of each company is shown with a red pushpin marker. Selecting the pushpin will popup an information window briefly describing the company: stock symbol, name, address, website, market capitalization, revenue, employeess, etc. You can navigate around the embedded map, but it only shows the companies within the respective CSA.

All of the embedded maps are shown at the same scale, centered on the CSA’s company locations. Occassionally, a company location will be outside of the current view, but you can navigate to it or zoom out to see wider geographic area.

Below the embedded map is a link to a full size map, also centered among the companies in the CSA. The full size map includes all Financial Sector companies. Thus, you can navigate outside of the CSA, across the US, and beyond to see Financial Sector companies in other locales.

After the map, the CSA’s Financial Sector companies are listed in two groups: those founded since 1991, and those founded before 1991. In the lists, selecting the bullet for the list item will take you to a full size map centered on the company location; selecting the stock symbol will take you to the company’s Yahoo!Finance page; selecting the company name will take you to the company’s website.

A map and company lists are also provided for companies that are located outside of the 12 major CSAs. The map shows the entire U.S., and only shows those companies not shown in the other maps.

CS148: Boston-Worcester-Manchester, MA-RI-NH CSA


Select here for a full size map.

There are 12 Financial Sector companies in the Boston CSA.

The 3 companies founded since 1991 are:

AMG Affiliated Managers Grp
HPT Hospitality Properties Trust

SNH Senior Housing Properties Trst

The 9 companies founded prior to 1991 are:

BPFH Boston Private Finl Hldgs Inc
BXP Boston Properties Inc
BRKL Brookline Bancorp Inc
EV Eaton Vance Corp
FSP Franklin Street Properties Corp

THG Hanover Insurance Group Inc
INDB Independent Bank Cp (MA)
SAFT Safety Insurance Group Inc
STT State Street Corp

CS488: San Jose-San Francisco-Oakland, CA CSA


Select here for a full size map.

There are 9 Financial Sector companies in the San Jose-SF CSA.

The one company founded since 1991 is:

EHTH eHealth Inc

The 8 companies founded prior to 1991 are:

AMB AMB Property Corp
BRE BRE Properties Inc A
ESS Essex Property Trust
BEN Franklin Resources Inc

SIVB SVB Financial Group
SCHW Schwab, Charles Corp
WFC Wells Fargo & Co
WABC Westamerica Bancorporatn (CA)

CS408: New York-Newark-Bridgeport, NY-NJ-CT-PA CSA


Select here for a full size map.

There are 54 Financial Sector companies in the New York CSA.

The 8 companies founded since 1991 are:

AINV Apollo Inv Corp
GHL Greenhill & Co Inc
LXP Lexington Realty Trust
MSCI MSCI Inc-A

CLI Mack-Cali Realty Corp
NFP National Financial Partners
SLG SL Green Realty Corp
SBNY Signature Bank NY

The 46 companies founded prior to 1991 are:

AKR Acadia Realty Trust
AXP American Express Co
AIG American Intl Group Inc
AIZ Assurant Inc
AF Astoria Financial Corp (NY)
BLK BlackRock Inc
CDR Cedar Shopping Centres Inc
CB Chubb Corp
C Citigroup Inc
DCOM Dime Community Bancshares Inc
ETFC E*TRADE Financial Corp
GTY Getty Realty Corp
GS Goldman Sachs Group Inc
HCBK Hudson City Bancorp
IBKR Interactive Brokers Group A
ITG Investment Technology Group
JPM JP Morgan Chase & Co
JEF Jefferies Group Inc [New]
KIM Kimco Realty Corp
LAB Labranche & Co
LUK Leucadia National Corp (NY)
L Loews Corp
MMC Marsh & McLennan Companies

MET Metlife Inc
MCO Moody’s Corp
MS Morgan Stanley
NYX NYSE Euronext
NDAQ Nasdaq OMX Group/The
NAVG Navigators Group Inc
NYB New York Community Bancorp Inc
PBCT People’s United Financial Inc
PLFE Presidential Life Corp
PSEC Prospect Capital Corp
PFS Provident Financial Services
PRU Prudential Financial Inc
SIGI Selective Insurance Group Inc
STL Sterling Bancorp
BK The Bank of New York Mellon Corp
TWGP Tower Group
TRH Transatlantic Hldgs Inc
TRV Travelers Cos Inc
UBA Urstadt Biddle Prop Inc A
VLY Valley National Bancorp (NJ)
VNO Vornado Realty Trust
WRB WR Berkley Corp
WBS Webster Financial Corp (CT)

CS548: Washington-Baltimore-Northern Virginia, DC-MD-VA-WV CSA


Select here for a full size map.

There are 12 Financial Sector companies in the Washington DC CSA.

The 3 companies founded since 1991 are:

DRH Diamondrock Hospitality
LHO LaSalle Hotel Properties SBI

OHI Omega Healthcare Investors

The 9 companies founded prior to 1991 are:

AVB AvalonBay Communities Inc
COF Capital One Financial
OFC Corporate Office Properties Trust
FRT Federal Realty Invt Trust
HST Host Hotels & Resorts Inc

LM Legg Mason Inc
SLM SLM Corp
BFS Saul Centers
TROW T Rowe Price Group Inc

CS348: Los Angeles-Long Beach-Riverside, CA CSA


Select here for a full size map.

There are 18 Financial Sector companies in the Los Angeles CSA.

The 3 companies founded since 1991 are:

ARE Alexandria Real Estate Eqty
LTC LTC Properties

PACW PacWest Bancorp

The 15 companies founded prior to 1991 are:

CBG CB Richard Ellis Group Inc A
CATY Cathay General Bancorp
CYN City National Corp (CA)
EWBC East West Bancorp Inc
FAF First American Financial Corp
HCP HCP Inc
HAFC Hanmi Financial Corp
KRC Kilroy Realty Corp

MAC Macerich Co
MCY Mercury General Corp
NARA Nara Bancorp Inc
NHP Nationwide Health Properties
PSB PS Business Parks Inc
PSA Public Storage
WIBC Wilshire Bancorp Inc

CS206: Dallas-Fort Worth, TX CSA


Select here for a full size map.

There are 6 Financial Sector companies in the Dallas CSA.

The one company founded since 1991 is:

TCBI Texas Capital Bancshares

The 5 companies founded prior to 1991 are:

CSH Cash America Intl Inc
CMA Comerica Inc (MI)
FCFS First Cash Inc

SWS SWS Group Inc
TMK Torchmark Corp

CS500: Seattle-Tacoma-Olympia, WA CSA


Select here for a full size map.

There are 4 Financial Sector companies in the Seattle CSA.

None of these companies were founded since 1991.

The 4 companies founded prior to 1991 are:

COLB Columbia Banking System Inc
PCL Plum Creek Timber Co

WFSL Washington Fed Inc
WY Weyerhaeuser Co

CS176: Chicago-Naperville-Michigan City, IL-IN-WI CSA


Select here for a full size map.

There are 17 Financial Sector companies in the Chicago CSA.

The 4 companies founded since 1991 are:

IRC Inland Real Estate Corp
JLL Jones Lang Lasalle Inc

WTFC Wintrust Financial Corp
OXPS optionsXpress Holdings

The 13 companies founded prior to 1991 are:

ALL Allstate Corp
AON Aon Corp
CLMS Calamos Asset Management
CME Chicago Mercantile Exchange
DFS Discover Financial Services
EQR Equity Residential
FMBI First Midwest Bancorp (IL)

AJG Gallagher, Arthur J. & Co
NTRS Northern Trust Corp (IL)
ORI Old Republic Intl Corp
PVTB PrivateBancorp Inc
UTR Unitrin Inc
VTR Ventas Inc

CS122: Atlanta-Sandy Springs-Gainesville, GA-AL CSA


Select here for a full size map.

There are 5 Financial Sector companies in the Atlanta CSA.

The one company founded since 1991 is:

ICE IntercontinentalExchange

The 4 companies founded prior to 1991 are:

CUZ Cousins Properties
IVZ Invesco Ltd

PPS Post Properties Inc
STI SunTrust Banks Inc (GA)

CS428: Philadelphia-Camden-Vineland, PA-NJ-DE-MD CSA


Select here for a full size map.

There are 8 Financial Sector companies in the Philadelphia CSA.

None of these companies were founded since 1991.

The 8 companies founded prior to 1991 are:

DFG Delphi Financial Group A
LRY Liberty Property Trust
LNC Lincoln National Corp
NPBC National Penn Bancshares (PA)

PEI Pennsylvania Real Estate
SEIC SEI Investments Corp
UHT Universal Health Realty Trust
WL Wilmington Trust Corp (DE)

CS378: Minneapolis-St. Paul-St. Cloud, MN-WI CSA


Select here for a full size map.

There are 4 Financial Sector companies in the Minneapolis CSA.

None of these companies were founded since 1991.

The 4 companies founded prior to 1991 are:

AMP Ameriprise Financial Inc
PJC Piper Jaffray Cos

TCB TCF Financial Corp (MN)
USB US Bancorp

CS216: Denver-Aurora-Boulder, CO CSA


Select here for a full size map.

There are 4 Financial Sector companies in the Denver CSA.

The 2 companies founded since 1991 are:

AIV Apartment Investment & Mgmt

PLD Prologis

The 2 companies founded prior to 1991 are:

JNS Janus Capital Group Inc

UDR UDR Inc

99999: Companies Located Outside of Above CSAs


Select here for a full size map.

There are 111 Financial Sector companies that are located outside of the above CSAs. The lists below are sorted by state and county (and country), in order to more readily show company location and possible proximities.

The 14 companies founded since 1991 are:

AHL Aspen Insurance Holdings Ltd, Pembroke
IPCC Infinity Property & Casualty Ins, AL
MPW Medical Properties Trust, AL
HOMB Home Bancshares, AR
BMR BioMed Realty Trust Inc, CA
EQY Equity One Inc, FL
EPR Entertainment Propertie Tr SBI, MO

EIG Employers Holdings Inc, NV
HME Home Properties of New York, NY
HR Healthcare Realty Trust, TN
PNFP Pinnacle Financial, TN
CPT Camden Property Trust, TX
GNW Genworth Financial Inc, VA
PRAA Portfolio Recovery Associates Inc, VA

The 97 companies founded prior to 1991 are:

RE Everest Re Group Ltd, Pembroke
ACE ACE Limited, ZH
XL XL Group Plc, None
FBP First Bancorp (Puerto Rico), None
CLP Colonial Properties Trust, AL
PL Protective Life Corp, AL
PRA ProAssurance Corp, AL
RF Regions Financial Corp, AL
SFNC Simmons 1st Natl Corp A, AR
OZRK Bank of the Ozarks Inc., AR
O Realty Income Corp, CA
HIG Hartford Finl Services Group, CT
TRAD Tradestation Group Inc, FL
FNF Fidelity National Financial Inc, FL
REG Regency Centers Corp, FL
RYN Rayonier Inc, FL
NNN National Retail Properties Inc, FL
RJF Raymond James Financial Inc, FL
BRO Brown & Brown Inc, FL
AFL AFLAC Inc, GA
SNV Synovus Financial Corp (GA), GA
UCBI United Community Banks Inc GA, GA
BOH Bank of Hawaii Corp, HI
RLI RLI Corp, IL
HMN Horace Mann Educators, IL
DRE Duke Realty Corp, IN
KRG Kite Realty Group Trust, IN
SPG Simon Property Group, IN
ONB Old National Bancorp (DE), IN
UFCS United Fire & Casualty Co, IA
PFG Principal Financial Group, IA
WDR Waddell & Reed Finl A, KS
AMSF Amerisafe, LA
WTNY Whitney Holding, LA
MIG Meadowbrook Insurance Grp, MI
TCO Taubman Centers Inc, MI
HBHC Hancock Hldgs Co, MS
EGP EastGroup Properties, MS
PKY Parkway Properties Inc (MD), MS
TRMK Trustmark Corp (MS), MS
BXS BancorpSouth Inc (MS), MS
CBSH Commerce Bancshares Inc (MO), MO
UMBF UMB Financial Corp, MO
RGA Reinsurance Group of America, MO
SF Stifel Financial Corp, MO
GBCI Glacier Bancorp Inc, Mt
BRK-B Berkshire Hathaway B, NE
FNFG First Niagara Finl Group, NY
SSS Sovran Self Storage, NY

CBU Community Bank System, NY
TRST Trustco Bank Corp (NY), NY
TMP Tompkins Financial Corporation, NY
MTB M&T Bank Corp, NY
BBT BB&T Corp, NC
SKT Tanger Factory Outlet Centers, NC
BAC Bank of America Corp, NC
HIW Highwoods Properties, NC
NBTB NBT Bancorp Inc (NY), NY
CINF Cincinnati Financial Corp, OH
KEY KeyCorp, OH
PGR Progressive Corp, OH
HBAN Huntington Bancshares (OH), OH
AFG American Financial Group, OH
FFBC First Financial Bancorp, OH
FITB Fifth Third Bancorp (OH), OH
HCN Health Care REIT Inc, OH
FMER FirstMerit Corp, OH
SFG StanCorp Financial Group Inc, OR
UMPQ Umpqua Hldgs Corp, OR
FII Federated Investors Inc B, PA
PNC PNC Finl Services Group, PA
FCF First Commonwealth Finl (PA), PA
STBA S & T Bancorp Inc (IN), PA
FULT Fulton Financial Corp (PA), PA
SUSQ Susquehanna Bancshares (PA), PA
WRLD World Acceptance Corp, SC
UNM Unum Group, TN
FHN First Horizon National Corp, TN
MAA Mid-America Apt Communties, TN
CFR Cullen Frost Bankers (TX), TX
HCC HCC Insurance Hldgs Inc, TX
PRSP Prosperity Bancshares Inc, TX
SBIB Sterling Bancshares Inc, TX
STC Stewart Information Services A, TX
WRI Weingarten Realty Investors, TX
FFIN First Financial Bankshs (TX), TX
EZPW EZCORP Inc A, TX
FOR Forestar Group Inc, TX
IBOC Intl Bancshares Corp, TX
EXR Extra Space Storage Inc, UT
ZION Zions Bancorp (UT), UT
PCH Potlatch Corp, WA
CHCO City Hldg Co, WV
UBSI United Bankshares Inc (WV), WV
ASBC Associated Banc-Corp (IL), WI
BKMU Bank Mutual Corp, WI
MI Marshall & Ilsley Corp (WI), WI

Notes and References

See the overview of this series for Notes and References.

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