Grand River Mortgage Revenue, Growth & Competitor Profile

DBA GRAND RIVER BANK
DBA GRAND RIVER COMMERCE INC
DBA GRMC LENDING

Company Profile & Annual Report for Grand River Mortgage

Access the complete profile.

Grand River Mortgage Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52212 Savings Institutions
Additional NAICS Codes	522292 Real Estate Credit
Address	4471 Wilson Avenue Sw Grandville, MI 49418

Note: Revenues for privately held companies are statistical evaluations.


Grand River Mortgage's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Grand River Mortgage's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Grand River Mortgage is classified as operating in the Savings Institutions industry, NAICS Code 52212.

Grand River Mortgage Annual Revenue and Growth Rate

Grand River Mortgage	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

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

Note: Grand River Mortgage's revenues are gauged from an analysis of company filings.

Grand River Mortgage's Income Statement (based on Industry Averages)

Grand River Mortgage 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

Investor Activity

Grand River Mortgage has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
September 15, 2023	15	100%	$8 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Grand River Mortgage is developing and marketing. Grand River Mortgage doesn't have any recent trademark applications, indicating Grand River Mortgage 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
GRAND RIVER BANK SMALLER.SMARTER. Banking services	04/14/2014
GRAND RIVER BANK Banking services	03/29/2014
POWERING SMALL BUSINESS Banking services	06/05/2012

See all trademarks and details in the Full Report.

Market Share of Grand River Mortgage's Largest Competitors

A competitive analysis shows these companies are in the same general field as Grand River Mortgage, 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)
CAPITOL FEDERAL FOUNDATION	Topeka, KS	100
SANTANDER HOLDINGS USA	Boston, MA	3
NEW YORK COMMUNITY BANCORP	Hicksville, NY	2
NORTHWEST FINANCIAL ASSNS EMPLOYEE BENEFIT TRUST	Tacoma, WA	1
SOUTH STATE BANK NATIONAL ASSOCIATION	Winter Haven, FL	1
FLAGSTAR BANK FSB	Troy, MI	1
UMPQUA BANK	Tigard, OR	1
WILMINGTON SAVINGS FUND SOCIETY	Wilmington, DE	1
MAINE BANKERS ASSOCIATION	Westbrook, ME	1

Nearby Competitors

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

Company	Headquarters	Revenue ($ MM)
MACATAWA BANK	Holland, MI	100
GRAND RIVER MORTGAGE	Grandville, MI	40
COMMUNITY SHORES BANK	Muskegon, MI	11
FAMILY FINANCIAL CREDIT UNION	Norton Shores, MI	10
SHELBY STATE BANK	Shelby, MI	4
FIRST GENERAL CREDIT UNION	Muskegon, MI	2

Future Competition: Grand River Mortgage's Fastest Growing Competitors

These companies are in the same general field as Grand River Mortgage 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)