Farmers & Merchants Bank of North Dakota Revenue, Growth & Competitor Profile

DBA FARMERS & MERCHANTS STATE BANK

Company Profile & Annual Report for Farmers & Merchants Bank of North Dakota

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Farmers & Merchants Bank of North Dakota Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	52211 Commercial Banking
Address	P.o. Box 405 Tolna, ND 58380

Note: Revenues for privately held companies are statistical evaluations.


Farmers & Merchants Bank of North Dakota's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Farmers & Merchants Bank of North Dakota's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Farmers & Merchants Bank of North Dakota is classified as operating in the Commercial Banking industry, NAICS Code 52211.

Farmers & Merchants Bank of North Dakota Annual Revenue and Growth Rate

Farmers & Merchants Bank of North Dakota	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2025	$10 - $100 million Details in Premium Report
2024
2023
2021
2020
2019

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

Note: Farmers & Merchants Bank of North Dakota's revenues are gauged from an analysis of company filings.

Farmers & Merchants Bank of North Dakota's Income Statement (based on Industry Averages)

Farmers & Merchants Bank of North Dakota 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

Market Share of Farmers & Merchants Bank of North Dakota's Largest Competitors

A competitive analysis shows these companies are in the same general field as Farmers & Merchants Bank of North Dakota, 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 Farmers & Merchants Bank of North Dakota. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
WESTERN STATE AGENCY	Devils Lake, ND	100
NORTH STAR COMMUNITY CREDIT UNION	Maddock, ND	19
MERCHANTS BANK OF RUGBY	Rugby, ND	15
RAMSEY FINANCIAL COPRORATION	Devils Lake, ND	10
FIRST NATIONAL BANK & TRUST OF BOTTINEAU	Bottineau, ND	8
FARMERS & MERCHANTS BANK OF NORTH DAKOTA	Tolna, ND	7

Future Competition: Farmers & Merchants Bank of North Dakota's Fastest Growing Competitors

These companies are in the same general field as Farmers & Merchants Bank of North Dakota 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)