Volunteer State Bank Revenue, Growth & Competitor Profile

DBA VOLUNTEER STATE BANCSHARES, INC.

Company Profile & Annual Report for Volunteer State Bank

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Volunteer State Bank Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	N/AExact Company Size
Primary Industry	5221 Depository Credit Intermediation
Address	P.o. Box 368 Portland, TN 37148

Note: Revenues for privately held companies are statistical evaluations.


Volunteer State Bank's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Volunteer State Bank's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Volunteer State Bank is classified as operating in the Depository Credit Intermediation industry, NAICS Code 5221.

Volunteer State Bank Annual Revenue and Growth Rate

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

Volunteer State Bank's Income Statement (based on Industry Averages)

Volunteer State 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

Investor Activity

Volunteer State Bank has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
November 20, 2019	14	100%	$40 MM
Complete list of funding rounds and total amounts in the Company Report

Market Share of Volunteer State Bank's Largest Competitors

A competitive analysis shows these companies are in the same general field as Volunteer State 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
JPMORGAN CHASE BANK NATIONAL ASSOCIATION	Jersey City, NJ	68
SOUTH DAKOTA BANKERS ASSOCIATION	Pierre, SD	49
PNC FINANCIAL SERVICES GROUP	Pittsburgh, PA	14
U.S. BANCORP	Minneapolis, MN	11
TRUIST FINANCIAL	Charlotte, NC	9
SIERRA PACIFIC POWER	Reno, NV	8
MUFG BANK	New York, NY	7
TD BANK	Falmouth, ME	6

Nearby Competitors

These companies are similar in business line and location to Volunteer State Bank. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
FIRST COMMUNITY BANK OF TENNESSEE	Murfreesboro, TN	100
FARMERS BANK	White House, TN	33
VOLUNTEER STATE BANK	Portland, TN	28
HERITAGE SOUTH COMMUNITY CREDIT UNION	Shelbyville, TN	23
SOUTHERN BANK OF TENNESSEE	Mount Juliet, TN	16
CREDIT UNION FOR ROBERTSON COUNTY	Springfield, TN	11

Future Competition: Volunteer State Bank's Fastest Growing Competitors

These companies are in the same general field as Volunteer State 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)