MGB Bancshares Revenue, Growth & Competitor Profile

Company Profile & Annual Report for MGB Bancshares

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MGB Bancshares Fast Facts

Revenue	$1 - $10 million    See Exact Annual Revenue
Employees	N/AExact Company Size
Primary Industry	52211 Commercial Banking
Address	511 Lake Land Boulevard Mattoon, IL 61938

Note: Revenues for privately held companies are statistical evaluations.


MGB Bancshares's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • MGB Bancshares's annual revenues are $1 - $10 million (see exact revenue data)
• What industry is the company in?
  • MGB Bancshares is classified as operating in the Commercial Banking industry, NAICS Code 52211.

MGB Bancshares Annual Revenue and Growth Rate

MGB Bancshares	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2025	$1 - $10 million Details in Premium Report
2024
2023
2021
2020
2019

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

Note: MGB Bancshares's revenues are gauged from an analysis of company filings.

MGB Bancshares's Income Statement (based on Industry Averages)

MGB Bancshares 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 MGB Bancshares's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
FIRST MID BANK & TRUST NATIONAL ASSOCIATION	Mattoon, IL	100
PROSPECT BANK	Paris, IL	7
SCOTT BANCSHARES	Bethany, IL	5
SULLIVAN BANCSHARES	Sullivan, IL	1
ARCOLA FIRST BANK	Arcola, IL	1
MGB BANCSHARES	Mattoon, IL	1

Future Competition: MGB Bancshares's Fastest Growing Competitors

These companies are in the same general field as MGB Bancshares 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)