During the corresponding time, Bsb Bancorp, Inc. recorded a revenue increase by 7.46 % year on year, sequentially revenue fell by -0.6 %. While revenue at the Bsb Bancorp, Inc.'s corporate clients
Bsb Bancorp's Comment on Sales, Marketing and Customers
We conduct our operations from our six1 full service branch offices located
in Belmont, Watertown, Waltham, Newton and Cambridge in Southeast Middlesex
County, Massachusetts. Our primary lending market includes Essex, Middlesex,
Norfolk and Suffolk Counties, Massachusetts. Due to its proximity to Boston,
our primary market area benefits from the presence of numerous institutions
of higher learning, medical care and research centers and the corporate headquarters
of several significant financial service companies. Eastern Massachusetts also
has many high technology companies employing personnel with specialized skills.
These factors affect the demand for residential homes, multi-family apartments,
office buildings, shopping centers, industrial warehouses and other commercial
properties.
Our lending area is primarily an urban market area with a substantial number
of one to four unit properties, some of which are non-owner occupied, as well
as apartment buildings, condominiums, office buildings and retail space. As
a result, compared to many thrift institutions, our loan portfolio contains
a significantly greater number of multi-family and commercial real estate loans.
Sources:
Bsb 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: Bsb Bancorp, Inc.’s corporate clients.
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