Facebook Ads Insights Tool

Facebook Ads CPM Benchmarks for Finance

Understand how your CPM compares. Dive into benchmark data by industry, region, and campaign type

CPM (Cost Per Mille) for Finance

December 2024 - December 2025

Insights

Detailed observation of presented data

Introduction

Finance advertisers ran consistently above market on Facebook throughout the period, with CPMs climbing steadily from mid-year and surging into Q4. The year opened soft, bottomed in April, then accelerated sharply—culminating in the highest CPMs of the year in December. Compared to the global all‑industry benchmark, Finance showed both higher costs and notably greater volatility, with several standout spikes.

This analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks. This analysis explores ad performance trends for Finance across all countries compared to the global benchmark.

The story in the data

  • Starting from December 2024 at $24.86, Finance CPMs dipped into January 2025 ($23.18, −6.8% MoM), then rebounded in February ($26.05, +12.4%). The trough arrived in April at $21.47 before a persistent climb to $43.62 by December 2025—an 88% rise from January and +75% versus December 2024.
  • Across the 13 months, Finance CPMs averaged $28.25, ranging from a low of $21.47 (April) to a high of $43.62 (December). The global all‑industry benchmark averaged $20.36 over the same period.
  • Volatility was pronounced. Average absolute month‑to‑month movement in Finance CPMs was 3.77 points, roughly 3.5× sharper than the global benchmark’s 1.08 points. The largest single jump came in December (+9.00 points vs. November), with another notable spike in July (+7.90 points vs. June).
  • Key monthly beats: a mid‑year lift from April’s low to July’s $31.91 (+49% in three months), a short pullback in August (−11.7% MoM), then a sustained Q4 ramp—October ($30.85, +12.1% MoM), November ($34.62, +12.2%), December ($43.62, +26.0%).

Seasonal and monthly dynamics

  • Early‑year softness: January through April ran below the annual average, with April marking the low point.
  • Mid‑year rebuild: May and June stabilized above April’s trough; July set a new local high before a brief August correction.
  • Peak season surge: Q4 costs accelerated materially, consistent with holiday competition. Q4 averaged $36.36 for Finance, +24.5% from Q3’s $29.20. By contrast, the global benchmark rose from $19.69 in Q3 to $24.10 in Q4 (+22.4%).

Country vs. Global

  • Finance CPMs across all countries remained above the global all‑industry benchmark every month, averaging a 39% premium ($28.25 vs. $20.36).
  • The gap fluctuated meaningfully: it was narrowest in April (+15% vs. global) and widest in December (+71%). Other standout deltas included July (+65%) and October (+43%).
  • Trend shape differed as well: from January to December 2025, the global benchmark climbed a steady 43% (from $17.80 to $25.45), while Finance rose a steeper 88% (from $23.18 to $43.62). Finance also exhibited greater month‑to‑month amplitude, underscoring more variable demand and auction pressure within the category.
  • Half‑year lens: Finance averaged $24.29 in H1 2025 vs. $32.78 in H2 (+35%), while the global benchmark moved from $18.81 to $21.89 (+16%). The second‑half premium widened accordingly.

Closing

In sum, Facebook Ads benchmarks show Finance CPMs across all countries running structurally above the market, with stronger second‑half momentum and a pronounced Q4 peak. This CPM analysis highlights category‑level dynamics that outpace the global all‑industry baseline in both price level and volatility—useful context for interpreting country‑specific ad costs and industry ad performance signals for the Finance sector worldwide. Understanding Facebook Ads CPM benchmarks for the Finance industry across all countries helps advertisers evaluate cost trends against global patterns.

Understanding the Data

Insights & analysis of Facebook advertising costs

Cost Per Mille (CPM) is the cost advertisers pay for 1,000 impressions of their Facebook ad. In the Finance industry, Facebook ad costs can be typically higher due to high competition and valuable conversions. Geographic targeting affects ad costs based on market competition and user engagement in different regions. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

What affects CPM rates on Facebook Ads?

CPMs are heavily influenced by competition, seasonality (e.g., Q4 costs more), audience size, and ad quality. Smaller audiences and lower relevance scores often lead to higher CPMs.

Why does my CPM vary so much between campaigns?

Different campaign objectives, bidding strategies, and even time of day can change your CPM. For example, conversion campaigns usually have higher CPMs than traffic ones. Also, broad targeting tends to drive lower CPMs.

What's a competitive CPM for 2025?

In most industries, CPMs range from $5 to $18 depending on the region and objective. Retail and e-comm campaigns often sit at the higher end. Our live data above shows a breakdown by country and industry.

Does audience size or targeting affect CPM more?

Both matter, but audience quality (intent + match with your offer) usually has more impact than pure size. However, extremely tight audiences often lead to expensive CPMs due to limited delivery opportunities.

Should I worry more about CPM or CPC?

Depends on your goal. For awareness, CPM is more relevant. For performance campaigns, CPC and CPA matter more. But all are connected—inefficient CPMs can inflate your entire funnel.