Farmers State Bank of Parkston Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Farmers State Bank of Parkston

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Farmers State Bank of Parkston Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	52211 Commercial Banking
Address	103 West Main Parkston, SD 57366

Note: Revenues for privately held companies are statistical evaluations.


Farmers State Bank of Parkston's Annual Report & Profile shows critical firmographic facts:

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

Farmers State Bank of Parkston Annual Revenue and Growth Rate

Farmers State Bank of Parkston	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 State Bank of Parkston's revenues are gauged from an analysis of company filings.

Farmers State Bank of Parkston's Income Statement (based on Industry Averages)

Farmers State Bank of Parkston 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 State Bank of Parkston's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
CORTRUST BANK	Mitchell, SD	100
HOPKINS FINANCIAL CORPORATION DBA CORTRUST BANK	Mitchell, SD	77
DAKOTALAND FEDERAL CREDIT UNION	Huron, SD	27
FARMERS STATE BANK OF PARKSTON	Parkston, SD	10
QUOIN FINANCIAL BANK	Miller, SD	8
COMMERCIAL STATE BANK OF WAGNER	Wagner, SD	6

Future Competition: Farmers State Bank of Parkston's Fastest Growing Competitors

These companies are in the same general field as Farmers State Bank of Parkston 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)