Highlands Bankshares Revenue, Growth & Competitor Profile

DBA HIGHLANDS BANKSHAR

Company Profile & Annual Report for Highlands Bankshares

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Highlands Bankshares Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	551111 Offices of Bank Holding Companies
Address	Po Box 929 3 North Main Street Petersburg, WV 26847

Note: Revenues for privately held companies are statistical evaluations.


Highlands Bankshares's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Highlands Bankshares's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Highlands Bankshares is classified as operating in the Offices of Bank Holding Companies industry, NAICS Code 551111.

Highlands Bankshares Annual Revenue and Growth Rate

Highlands Bankshares	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: Highlands Bankshares's revenues are gauged from an analysis of company filings.

Highlands Bankshares's Income Statement (based on Industry Averages)

Highlands Bankshares 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 Highlands Bankshares's Largest Competitors

A competitive analysis shows these companies are in the same general field as Highlands Bankshares, 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)
BANK OF AMERICA	Charlotte, NC	100
WELLS FARGO	San Francisco, CA	94
TD BANK US HOLDING	Falmouth, ME	18
STATE STREET	Quincy, MA	9
MIDFIRST BANK	Oklahoma City, OK	5
DEUTSCHE BANK TRUST CO AMERICAS	New York, NY	4
SYNOVUS FINANCIAL	Columbus, GA	3
WOODFOREST FINANCIAL GROUP	The Woodlands, TX	3
FIRSTBANK HOLDING	Lakewood, CO	2

Nearby Competitors

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

Company	Headquarters	Revenue ($ MM)
SUMMIT FINANCIAL GROUP	Moorefield, WV	100
HIGHLANDS BANKSHARES	Petersburg, WV	23

Future Competition: Highlands Bankshares's Fastest Growing Competitors

These companies are in the same general field as Highlands Bankshares 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)