Sovereign Bank is classified as operating in the Payroll Services industry, NAICS Code 541214.
Trademark Applications
Trademark applications show the products and services that Sovereign Bank is developing and marketing.
Sovereign Bank doesn't have any recent trademark applications, indicating Sovereign 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
BANKSOV-SECURE Banking services
09/26/2014
See all trademarks and details in the Full Report.
Market Share of Sovereign Bank's Largest Competitors
A competitive analysis shows these companies are in the same general field as Sovereign 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.
These companies are similar in business line and location to Sovereign Bank.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Sovereign Bank's Fastest Growing Competitors
These companies are in the same general field as Sovereign 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.