B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Recent

15%

15% -- annual customer attrition rate for banking sector (2025)

2025  · FiWorks

Average annual customer attrition in banking is 15%.

  • Represents industry average; early churn in first 90–180 days can be substantially higher
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Attribution: FiWorks View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
15%
Unit
Percentage
Data Vintage
2025
Entity
banking sector
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
FiWorks Primary Tier C
https://www.inter-val.ai/insights/whos-the-most-trusted-advisor-to-a-business-owner ↗
Confidence: 48/100 Vintage: 2025 Channel: Deep Crawl
Source Article
Who’s the Most Trusted Advisor to a Business Owner?
How to Become the “go-to” Advisor for your Clients Why do we become (and stay in) professional services? Whether it be accountants, bankers, or wealth... By: Matt Beecher May 26, 2025 3:41:48 PM It’s not always who you think. And it’s probably not you… yet. Let’s start with a dirty little secret: Th…
Original Research
FiWorks · Original study ↗

Cited via FiWorks statistics page

Methodology documented
Industryfinance
Plain Text
banking sector: 15% annual customer attrition rate. Source: FiWorks (2025). Via Lighthouse Intelligence -- https://lighthousedata.io/data/banking-annual-customer-attrition-15
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<blockquote cite="https://lighthousedata.io/data/banking-annual-customer-attrition-15" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>15%</strong> -- annual customer attrition rate for banking sector<br><small>Source: FiWorks (2025) · <a href="https://lighthousedata.io/data/banking-annual-customer-attrition-15" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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