First State Financial Revenue, Growth & Competitor Profile

DBA FIRST STATE BANK

Company Profile & Annual Report for First State Financial

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First State Financial Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52211 Commercial Banking
Additional NAICS Codes	52212 Savings Institutions
Address	24300 Little Mack Saint Clair Shores, MI 48080

Note: Revenues for privately held companies are statistical evaluations.


First State Financial's Annual Report & Profile shows critical firmographic facts:

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

First State Financial Annual Revenue and Growth Rate

First State Financial	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: First State Financial's revenues are gauged from an analysis of company filings.

First State Financial's Income Statement (based on Industry Averages)

First State Financial 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 First State Financial's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
FLAGSTAR BANK FSB	Troy, MI	100
MICHIGAN FIRST CREDIT UNION	Lathrup Village, MI	12
MICHIGAN SCHOOLS & GOVERNMENT CREDIT UNION	Clinton Township, MI	11
STERLING BANK & TRUST	Southfield, MI	6
FIRST STATE FINANCIAL	Saint Clair Shores, MI	4
EXTRA CREDIT UNION	Warren, MI	2

Future Competition: First State Financial's Fastest Growing Competitors

These companies are in the same general field as First State Financial 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)