Salem Five Cents Savings Bank Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Salem Five Cents Savings Bank

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Salem Five Cents Savings Bank Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	500 - 1,000Exact Company Size
Primary Industry	52212 Savings Institutions
Additional NAICS Codes	52211 Commercial Banking
Address	210 Essex Street Salem, MA 01970

Note: Revenues for privately held companies are statistical evaluations.


Salem Five Cents Savings Bank's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Salem Five Cents Savings Bank's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Salem Five Cents Savings Bank is classified as operating in the Savings Institutions industry, NAICS Code 52212.

Salem Five Cents Savings Bank Annual Revenue and Growth Rate

Salem Five Cents Savings Bank	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: Salem Five Cents Savings Bank's revenues are gauged from an analysis of company filings.

Salem Five Cents Savings Bank's Income Statement (based on Industry Averages)

Salem Five Cents Savings Bank 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

Trademark Applications

Trademark applications show the products and services that Salem Five Cents Savings Bank is developing and marketing. Salem Five Cents Savings Bank doesn't have any recent trademark applications, indicating Salem Five Cents Savings Bank 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
MORTGAGE ASAP! BY SALEM FIVE Mortgage banking; mortgage lending; providing financial information via an online platform; providing on-line financial calculators via an online platform	07/28/2021
SALLY Banking; online banking; providing information in the field of banking and personal finance	05/10/2021
BUSINESS FORWARD CHECKING banking services	10/05/2020

See all trademarks and details in the Full Report.

Market Share of Salem Five Cents Savings Bank's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
EASTERN BANK	Lynn, MA	100
SALEM FIVE CENTS SAVINGS BANK	Salem, MA	44
EAST BOSTON SAVINGS BANK	Peabody, MA	20
BANKPROV	Amesbury, MA	16
NORTH SHORE BANK A CO-OPERATIVE BANK	Peabody, MA	14
INSTITUTION FOR SAVINGS	Newburyport, MA	14

Future Competition: Salem Five Cents Savings Bank's Fastest Growing Competitors

These companies are in the same general field as Salem Five Cents Savings Bank 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)