During the corresponding time, Park Sterling Corp recorded a revenue increase by 21.11 % year on year, sequentially revenue grew by 0.28 %. While revenue at the Park Sterling Corp's corporate clients
Park Sterling's Comment on Sales, Marketing and Customers
The Bank serves its customers through eighteen full-service branches in North
Carolina, twenty-three full-service branches and one drive-through facility in
South Carolina, ten full-service branches in Virginia and five full-service branches
in North Georgia.
The Bank maintains nineteen branches in the Charlotte-Concord-Gastonia Metropolitan
Statistical Area (“MSA”) in North Carolina, ten branches in the Greenville-Anderson-Mauldin
MSA in South Carolina, and ten branches in the Richmond MSA in Virginia. Additionally,
we serve our communities through five branches in the Greenwood, South Carolina
MSA, two each in the Spartanburg, South Carolina MSA and the Columbia, South Carolina
MSA, and one each in the Newberry, South Carolina MSA, the Raleigh, North Carolina
MSA, the Wilmington, North Carolina MSA, and the Charleston-North Charleston,
South Carolina MSA.. Our five North Georgia branches are not located in an identified
MSA.
With the Bank’s operations stretching from Virginia, throughout the Carolinas
and down into North Georgia, we have a diverse economic and customer base. We
do not believe we are dependent on any one or any several customers or types of
business whose loss would have a material adverse effect on us.
Sources:
Park Sterling Corp’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: Park Sterling Corp’s corporate clients.
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