Security State Bank of Warroad Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Security State Bank of Warroad

Access the complete profile.

Security State Bank of Warroad Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	52211 Commercial Banking
Address	Po Box 70 Warroad, MN 56763

Note: Revenues for privately held companies are statistical evaluations.


Security State Bank of Warroad's Annual Report & Profile shows critical firmographic facts:

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

Security State Bank of Warroad Annual Revenue and Growth Rate

Security State Bank of Warroad	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: Security State Bank of Warroad's revenues are gauged from an analysis of company filings.

Security State Bank of Warroad's Income Statement (based on Industry Averages)

Security State Bank of Warroad 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 Security State Bank of Warroad's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
BORDER BANK	Greenbush, MN	100
BORDER STATE BANK	Greenbush, MN	40
CITIZENS STATE BANK OF ROSEAU	Roseau, MN	22
SECURITY STATE BANK OF WARROAD	Warroad, MN	12
NORTHERN SKY BANK	Crookston, MN	5
RED LAKE COOP FEDERAL CREDIT UNION	Red Lake Falls, MN	1

Future Competition: Security State Bank of Warroad's Fastest Growing Competitors

These companies are in the same general field as Security State Bank of Warroad 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)