During the corresponding time, Hopfed Bancorp Inc saw a revenue deteriorated by -5.52 % year on year, sequentially revenue fell by -3.87 %. While revenue at the Hopfed Bancorp Inc's corporate clients
Hopfed Bancorp Inc's Comment on Sales, Marketing and Customers
he Bank’s most significant competition across its entire market area
was Planters Bank of Kentucky with a 10.4% deposit market share, Community Financial
Services Bank with a 9.3% deposit market share, U.S. Bank N/A with a 8.5% market
share, and Branch Bank & Trust of North Carolina with an 7.5% deposit market
share and Regions Bank of Birmingham, Alabama with a 7.1% deposit market share.
In addition, each market contains other community banks that provide competitive
products and services within individual markets.
The Bank attracts its deposits through its eighteen offices primarily from the
local community. Consequently, competition for deposits is principally from
other savings institutions, commercial banks and brokers in the local community
as well as from credit unions. The Bank competes for deposits and loans by offering
what it believes to be a variety of deposit accounts at competitive rates, convenient
business hours, a commitment to outstanding customer service and a well-trained
staff. The Bank believes it has developed strong relationships with local realtors
and the community in general.
Hopfed Bancorp Inc’s Comment on Sales, Marketing and Customers
he Bank’s most significant competition across its entire market area
was Planters Bank of Kentucky with a 10.4% deposit market share, Community Financial
Services Bank with a 9.3% deposit market share, U.S. Bank N/A with a 8.5% market
share, and Branch Bank & Trust of North Carolina with an 7.5% deposit market
share and Regions Bank of Birmingham, Alabama with a 7.1% deposit market share.
In addition, each market contains other community banks that provide competitive
products and services within individual markets.
The Bank attracts its deposits through its eighteen offices primarily from the
local community. Consequently, competition for deposits is principally from
other savings institutions, commercial banks and brokers in the local community
as well as from credit unions. The Bank competes for deposits and loans by offering
what it believes to be a variety of deposit accounts at competitive rates, convenient
business hours, a commitment to outstanding customer service and a well-trained
staff. The Bank believes it has developed strong relationships with local realtors
and the community in general.
Sources:
Hopfed 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: Hopfed Bancorp Inc’s corporate clients.
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