Altabank Revenue, Growth & Competitor Profile

DBA BANK OF AMERICAN FORK

Company Profile & Annual Report for Altabank

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Altabank Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52211 Commercial Banking
Address	33 East Main Street American Fork, UT 84003

Note: Revenues for privately held companies are statistical evaluations.


Altabank's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Altabank's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Altabank is classified as operating in the Commercial Banking industry, NAICS Code 52211.

Altabank Annual Revenue and Growth Rate

Altabank	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Altabank's revenues are gauged from an analysis of company filings.

Altabank's Income Statement (based on Industry Averages)

Altabank P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Altabank is developing and marketing. Altabank doesn't have any recent trademark applications, indicating Altabank is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
ALTAEXPRESS Financial services, namely, providing commercial loans	10/27/2020
ALTATUDE Banking services; financial services, namely, commercial banking	10/27/2020
ALTAPACIFIC BANK Banking services	07/16/2008

See all trademarks and details in the Full Report.

Market Share of Altabank's Largest Competitors

A competitive analysis shows these companies are in the same general field as Altabank, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
JPMORGAN CHASE BANK NATIONAL ASSOCIATION	Jersey City, NJ	100
SOUTH DAKOTA BANKERS ASSOCIATION	Pierre, SD	72
PNC FINANCIAL SERVICES GROUP	Pittsburgh, PA	20
U.S. BANCORP	Minneapolis, MN	17
TRUIST FINANCIAL	Charlotte, NC	13
MUFG BANK	New York, NY	10
TD BANK	Falmouth, ME	9
FIRST-CITIZENS BANK & TRUST	Raleigh, NC	7
FEDERAL HOME LOAN BANK OF DES MOINES	Des Moines, IA	6

Nearby Competitors

These companies are similar in business line and location to Altabank. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
MOUNTAIN AMERICA CREDIT UNION	Sandy, UT	100
CYPRUS FEDERAL CREDIT UNION	West Jordan, UT	19
AMERICAN UNITED FEDERAL CREDIT UNION	West Jordan, UT	9
ALTABANK	American Fork, UT	6
JORDAN FEDERAL CREDIT UNION	Sandy, UT	2
HORIZON UTAH FCU D/B/A HORIZON CU	Farmington, UT	2

Future Competition: Altabank's Fastest Growing Competitors

These companies are in the same general field as Altabank and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)