Somerset Trust Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Somerset Trust

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Somerset Trust Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52211 Commercial Banking
Address	151 W Main St Somerset, PA 15501

Note: Revenues for privately held companies are statistical evaluations.


Somerset Trust's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Somerset Trust's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Somerset Trust is classified as operating in the Commercial Banking industry, NAICS Code 52211.

Somerset Trust Annual Revenue and Growth Rate

Somerset Trust	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2025	$100 - $500 million Details in Premium Report
2024
2023
2021
2020
2019

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

Note: Somerset Trust's revenues are gauged from an analysis of company filings.

Somerset Trust's Income Statement (based on Industry Averages)

Somerset Trust 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 Somerset Trust is developing and marketing. Somerset Trust doesn't have any recent trademark applications, indicating Somerset Trust 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
STC LENDING Financial services, namely, banking; loan services, namely, mortgage lending, financial services in the field of money lending, consumer lending services, providing home equity loans; investment services, namely, investment advisory services, mutual fund investment, investment of funds for others, investment banking services, retirement services, namely, financial planning consultation for retirement, estate planning, estate trust management; trust services, namely, financial trust operations, trust management accounts, investment and trust company services, estate trust management; planning services, namely, estate planning, financial planning, financial planning consultation; online banking services	03/15/2018
STC Financial services, namely, banking; loan services, namely, mortgage lending, financial services in the field of money lending, consumer lending services, providing home equity loans; investment services, namely, investment advisory services, mutual fund investment, investment of funds for others, investment banking services, retirement services, namely, financial planning consultation for retirement, estate planning, estate trust management; trust services, namely, financial trust operations, trust management accounts, investment and trust company services, estate trust management; planning services, namely, estate planning, financial planning, financial planning consultation; Credit card services, namely, issuing of credit cards and payment processing thereof; on-line banking services	03/14/2018
STC ANYWHERE Downloadable mobile application for consumers to access bank services online	03/14/2018

See all trademarks and details in the Full Report.

Market Share of Somerset Trust's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
SOMERSET TRUST	Somerset, PA	100
HOMETOWN BANK OF PENNSYLVANIA	Bedford, PA	10
KENNAFORD FEDERAL CREDIT UNION	Bedford, PA	0

Future Competition: Somerset Trust's Fastest Growing Competitors

These companies are in the same general field as Somerset Trust 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)