During the corresponding time, Coastway Bancorp, Inc. recorded a revenue increase by 13.79 % year on year, sequentially revenue grew by 15.93 %. While revenue at the Coastway Bancorp, Inc.'s corporate clients
Coastway Bancorp's Comment on Sales, Marketing and Customers
We conduct our operations from our main office and nine full-service banking
offices in Rhode Island. Our primary deposit market includes the areas surrounding
our banking offices in Providence and Kent Counties, Rhode Island. Our primary
lending market includes Providence and Kent Counties, greater Rhode Island and
nearby communities in the states of Connecticut and Massachusetts.
However, we occasionally make loans secured by properties located outside of
our primary lending market, usually to borrowers with whom we have an existing
relationship and who have a presence within our primary market.
Rhode Island is a relatively well-developed state that has a wide range of
industries. Rhode Island's historical economy was based on industries such as
textiles, jewelry, silverware, metals/machinery and footwear/rubber products.
The access to the Atlantic Ocean resulted in the establishment of military bases
and other military-related industries and employment. Over time manufacturing
and other labor intensive industries have declined in Rhode Island and have
been replaced by a more service-oriented economy. In recent decades, health
care, financial services, defense industry, tourism and gambling have become
more important segments of the local economy. Notable firms headquartered in
Rhode Island include CVS Pharmacy, Textron, Hasbro and Amica Insurance. Rhode
Island is also a center of higher education, with Brown University, the University
of Rhode Island, Johnson & Wales University and Bryant University. The U.S.
Navy has had a significant presence in the Newport area, through the Naval Station
at Newport and the Naval Undersea Warfare Center.
Sources:
Coastway Bancorp, 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: Coastway Bancorp, Inc.’s corporate clients.
For your research, we’ve provided 9 tables on Coastway Bancorp, 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.
