North Shore Bank of Commerce Revenue, Growth & Competitor Profile

DBA North Shore Financial Corp

Company Profile & Annual Report for North Shore Bank of Commerce

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North Shore Bank of Commerce Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52211 Commercial Banking
Address	131 West Superior Street Duluth, MN 55802

Note: Revenues for privately held companies are statistical evaluations.


North Shore Bank of Commerce's Annual Report & Profile shows critical firmographic facts:

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

North Shore Bank of Commerce Annual Revenue and Growth Rate

North Shore Bank of Commerce	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: North Shore Bank of Commerce's revenues are gauged from an analysis of company filings.

North Shore Bank of Commerce's Income Statement (based on Industry Averages)

North Shore Bank of Commerce 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

North Shore Bank of Commerce 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
August 21, 2020	39	100%	$15 MM
Complete list of funding rounds and total amounts in the Company Report

Market Share of North Shore Bank of Commerce's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
MEMBERS COOPERATIVE CREDIT UNION	Duluth, MN	100
NORTH SHORE BANK OF COMMERCE	Duluth, MN	50
CENTRICITY CREDIT UNION	Hermantown, MN	28
REPUBLIC BANK	Duluth, MN	18
PARK STATE BANK	Duluth, MN	10
HARBOR POINTE CREDIT UNION	Duluth, MN	10

Future Competition: North Shore Bank of Commerce's Fastest Growing Competitors

These companies are in the same general field as North Shore Bank of Commerce 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)