In the Q2, Peoples Bancorp Of North Carolina Inc 's corporate clients experienced a decline by -13.76 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 1.72 %. During the corresponding time, Peoples Bancorp Of North Carolina Inc recorded a revenue increase by 1.4 % year on year, sequentially revenue grew by 8.59 %. While revenue at the Peoples Bancorp Of North Carolina Inc 's corporate clients recorded rose by 1.73 % year on year, sequentially revenue grew by 19.99 %.
Customers of Peoples Bancorp Of North Carolina Inc saw their costs of revenue decline by -13.76 % in Q2 compare to a year ago, sequentially costs of revenue grew by 1.72 %, for the same period Peoples Bancorp Of North Carolina Inc recorded revenue increase by 1.4 % year on year, sequentially revenue grew by 8.59 %.
Peoples Bancorp Of North Carolina Inc's Comment on Sales, Marketing and Customers
The Banks primary market consists of the communities in an approximate 50-mile
radius around its headquarters office in Newton, North Carolina. This area includes
Catawba County, Alexander County, Lincoln County, Iredell County and portions
of northeast Gaston County. The Bank is located only 40 miles north of Charlotte,
North Carolina and the Banks primary market area is and will continue to be significantly
affected by its close proximity to this major metropolitan area. The Bank has
two Banco offices in Mecklenburg County, one Banco office in Union County, one
Banco office in Wake County, one Banco loan production office in Durham County
and one Banco loan production office in Forsyth County specifically designed to
serve the growing Latino market.
Employment in the Banks primary market area is diversified among manufacturing,
retail and wholesale trade, technology, services and utilities. Catawba Countys
largest employers include Catawba County Schools, Frye Regional Medical Center,
Catawba Valley Medical Center, Merchant Distributors, Inc. (wholesale food distributor),
Catawba County, CommScope, Inc. (manufacturer of fiber optic cable and accessories),
Corning Optical Communications (manufacturer of fiber optic cable and accessories),
Ethan Allen (furniture manufacturer), HSM (manufacturing) and Advance Pierre
Foods (restaurants and bakeries).
Peoples Bancorp Of North Carolina Inc’s Comment on Sales, Marketing and Customers
The Banks primary market consists of the communities in an approximate 50-mile
radius around its headquarters office in Newton, North Carolina. This area includes
Catawba County, Alexander County, Lincoln County, Iredell County and portions
of northeast Gaston County. The Bank is located only 40 miles north of Charlotte,
North Carolina and the Banks primary market area is and will continue to be significantly
affected by its close proximity to this major metropolitan area. The Bank has
two Banco offices in Mecklenburg County, one Banco office in Union County, one
Banco office in Wake County, one Banco loan production office in Durham County
and one Banco loan production office in Forsyth County specifically designed to
serve the growing Latino market.
Employment in the Banks primary market area is diversified among manufacturing,
retail and wholesale trade, technology, services and utilities. Catawba Countys
largest employers include Catawba County Schools, Frye Regional Medical Center,
Catawba Valley Medical Center, Merchant Distributors, Inc. (wholesale food distributor),
Catawba County, CommScope, Inc. (manufacturer of fiber optic cable and accessories),
Corning Optical Communications (manufacturer of fiber optic cable and accessories),
Ethan Allen (furniture manufacturer), HSM (manufacturing) and Advance Pierre
Foods (restaurants and bakeries).
Sources:
Peoples Bancorp Of North Carolina Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Peoples Bancorp Of North Carolina Inc’s corporate clients.
For your research, we’ve provided 9 tables on Peoples Bancorp Of North Carolina Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
3.11 % 