Johnson Financial Group, Inc. · Racine, WI United States
Company Description
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This link will open in a new window Johnson Financial Group is the holding company for Johnson Bank, which has more than 40 offices in Wisconsin and 10 in Arizona. In addition to standard banking fare including savings accounts and loans, the company offers insurance, investment, and retirement services. Johnson Trust serves wealthy individual and institutional clients; it has more than $2 billion in assets under management. The group also provides international and private banking services through Banque Franck, Galland & Cie in Switzerland, and TransOcean Bank & Trust in the Cayman Islands. Chairman Helen Johnson-Leipold and her family, which control consumer goods giant S.C. Johnson & Son , also own Johnson Financial, which was founded in 1970. To read the full description, subscribe now.
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Key Johnson Financial Group, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $389.7 |
| Employees | 1,233 |
Johnson Financial Group, Inc. Executives
10 executives listed for Johnson Financial Group, Inc.'s Racine, WI location.
| Title | Name & Bio | Contact |
| Chairman | Helen Johnson-Leipold | Network |
| President and CEO; Chairman and CEO, Johnson Bank | Richard Hansen | Network |
| EVP and COO | Russell Weyers | Network |
Competition
Competitive Landscape for Johnson Financial Group, Inc.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Johnson Financial Group, Inc. Competitors
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