In the Q3, Prime Meridian Holding Co's corporate clients experienced a reduction by -0.5 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -3.24 %. During the corresponding time, Prime Meridian Holding Co recorded a revenue increase by 11.46 % year on year, sequentially revenue grew by 11.97 %. While revenue at the Prime Meridian Holding Co's corporate clients fell by -0.16 % year on year, sequentially revenue fell by -6.05 %.
Customers of Prime Meridian Holding Co saw their costs of revenue decrease by -0.5 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -3.24 %, for the same period Prime Meridian Holding Co recorded revenue increase by 11.46 % year on year, sequentially revenue grew by 11.97 %.
Prime Meridian Holding Co's Comment on Sales, Marketing and Customers
Prime Meridian Bank is headquartered in Tallahassee, Florida, and serves customers primarily in the Tallahassee Metropolitan Statistical Area (MSA) and surrounding regions of North and Central Florida and South Georgia. The bank operates full-service branches in Tallahassee, Crawfordville, and Lakeland, Florida, and offers online banking services. Its market area includes the Tallahassee MSA, encompassing Leon, Gadsden, Jefferson, and Wakulla counties, with an estimated population of 395,340 in 2024, projected to increase to 407,823. The bank focuses on relationship banking and organic growth, guided by core values including passion, grace, integrity, tenacity, and accountability.
Prime Meridian Holding Co’s Comment on Sales, Marketing and Customers
Prime Meridian Bank is headquartered in Tallahassee, Florida, and serves customers primarily in the Tallahassee Metropolitan Statistical Area (MSA) and surrounding regions of North and Central Florida and South Georgia. The bank operates full-service branches in Tallahassee, Crawfordville, and Lakeland, Florida, and offers online banking services. Its market area includes the Tallahassee MSA, encompassing Leon, Gadsden, Jefferson, and Wakulla counties, with an estimated population of 395,340 in 2024, projected to increase to 407,823. The bank focuses on relationship banking and organic growth, guided by core values including passion, grace, integrity, tenacity, and accountability.
Sources:
Prime Meridian Holding Co’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: Prime Meridian Holding Co’s corporate clients.
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