South Shore Bank Revenue, Growth & Competitor Profile

DBA BERKSHIRE BANK
DBA BERKSHIRE BANK LIFE AND DISABILITY PLAN
DBA SOUTH SHORE SAVINGS BANK

Company Profile & Annual Report for South Shore Bank

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South Shore Bank Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	52212 Savings Institutions
Additional NAICS Codes	52211 Commercial Banking
Address	1530 Main Street Weymouth, MA 02190

Note: Revenues for privately held companies are statistical evaluations.


South Shore Bank's Annual Report & Profile shows critical firmographic facts:

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

South Shore Bank Annual Revenue and Growth Rate

South Shore Bank	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

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

Note: South Shore Bank's revenues are gauged from an analysis of company filings.

South Shore Bank's Income Statement (based on Industry Averages)

South Shore 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 South Shore Bank is developing and marketing. South Shore Bank's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
1-833-BERKBNK Banking and financing services; financial planning and investment advisory services; financial services, namely, wealth management services; investment banking services; investment management; insurance information and consultancy; telephone banking services	05/03/2023
S LEADERSHIP SOUTH SHORE Educational services, namely, conducting educational programs in the field of leadership development utilizing learning curriculum relating to local issues taught through the perspectives of experts, on-site visits, readings, and discussion groups for creating leaders with knowledge and commitment to benefit the local region	12/01/2021
S Educational services, namely, conducting educational programs in the field of leadership development utilizing learning curriculum relating to local issues taught through the perspectives of experts, on-site visits, readings, and discussion groups for creating leaders with knowledge and commitment to benefit the local region	12/01/2021

See all trademarks and details in the Full Report.

Market Share of South Shore Bank's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
SANTANDER HOLDINGS USA	Boston, MA	100
SOUTH SHORE BANK	Weymouth, MA	8
CAMBRIDGE SAVINGS BANK MHC	Cambridge, MA	6
BROOKLINE BANCORP	Boston, MA	6
METRO CREDIT UNION	Chelsea, MA	4
BOSTON PRIVATE FINANCIAL HOLDINGS	Boston, MA	4

Future Competition: South Shore Bank's Fastest Growing Competitors

These companies are in the same general field as South Shore 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)