United Bank of Michigan Revenue, Growth & Competitor Profile

Company Profile & Annual Report for United Bank of Michigan

Access the complete profile.

United Bank of Michigan Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52211 Commercial Banking
Address	900 E Paris Ave Se Grand Rapids, MI 49546

Note: Revenues for privately held companies are statistical evaluations.


United Bank of Michigan's Annual Report & Profile shows critical firmographic facts:

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

United Bank of Michigan Annual Revenue and Growth Rate

United Bank of Michigan	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: United Bank of Michigan's revenues are gauged from an analysis of company filings.

United Bank of Michigan's Income Statement (based on Industry Averages)

United Bank of Michigan 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 United Bank of Michigan's Largest Competitors

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

Company	Headquarters	Revenue ($ MM)
LAKE MICHIGAN CREDIT UNION	Grand Rapids, MI	100
NORTHPOINTE BANK	Grand Rapids, MI	51
MERCANTILE BANK	Grand Rapids, MI	44
INDEPENDENT BANK	Grand Rapids, MI	29
UNITED BANK OF MICHIGAN	Grand Rapids, MI	10
MEMBER FIRST MORTGAGE	Grand Rapids, MI	8

Future Competition: United Bank of Michigan's Fastest Growing Competitors

These companies are in the same general field as United Bank of Michigan 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)