CSIMarket
 

Stewardship Financial Corp  (SSFN)
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    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Stewardship Financial's

Competitiveness


 

SSFN Sales vs. its Competitors Q2 2019



Comparing the current results to its competitors, Stewardship Financial reported Revenue decrease in the 2 quarter 2019 year on year by -10.15 %, despite the revenue increase by the most of its competitors of 2.29 %, recorded in the same quarter.

List of SSFN Competitors

With a net margin of 18.7 % Stewardship Financial achieved higher profitability than its competitors.

More on SSFN Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Stewardship Financial CorpNet Income in the 2 quarter 2019 fell year on year by -36.85%, slower than its competitors' income growth of 7.38 %

<<  SSFN Stock Performance Comparisons


Stewardship Financial's Comment on Competitors and Industry Peers


The market for banking services remains highly competitive. The Bank competes for deposits and loans with commercial banks, thrifts and other financial institutions, many of which have greater financial resources than the Bank. Many large financial institutions in New York City and other parts of New Jersey compete for the business of New Jersey residents and companies located in the Bank’s service area. Certain of these institutions have significantly higher lending limits and expend greater resources on marketing and advertising than the Bank and provide services to their customers that the Bank does not offer.

Management believes the Bank is able to compete on a substantially equal basis with its competitors because it provides responsive, personalized services through management’s knowledge and awareness of the Bank’s service area, customers and business.