Sound Bank Revenue and Competitors

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Morehead City, NC USA

Location

N/A

Total Funding

Banking

Industry

Estimated Revenue & Valuation

  • Sound Bank's estimated annual revenue is currently $6.6M per year.(i)
  • Sound Bank's estimated revenue per employee is $168,000

Employee Data

  • Sound Bank has 39 Employees.(i)
  • Sound Bank grew their employee count by 11% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$5.4M34-23%$672.4MN/A
#2
$115.5M44012%N/AN/A
#3
$3.5M27-7%N/AN/A
#4
$45.3M196N/AN/AN/A
#5
$4.1M3111%N/AN/A
#6
$17.4M839%N/AN/A
#7
$10.6M63-2%N/AN/A
#8
$34M14735%N/AN/A
#9
$4.3M29N/AN/AN/A
#10
$127.6M4867%N/AN/A

Sound Bank got its start in the spring of 2000 when several Morehead City bankers began to talk about starting a community bank. They felt that a bank that was locally owned and operated could provide better personal service, especially with decisions being made locally by people who live and work in and are committed to the community. They also felt that money deposited in the bank should be lent locally to help the community grow and prosper. It would also be important for employees to be dedicated to giving back to the community through local involvement. The name "Sound Bank" was chosen to reflect the flavor of the coastal area as well as the solid foundation of the bank. As we continued to grow and expand into the community, we opened full service branches in Beaufort, Cedar Point, New Bern and Wilmington to accommodate our customers. We also have a Loan Production Office in Raleigh. With a commitment to quality personal service and a dedication to the community, Sound Bank continues to grow and offer "Sound Thinking...Solid Results".

keywords:N/A

N/A

Total Funding

39

Number of Employees

$6.6M

Revenue (est)

11%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Sound Bank News

2022-04-20 - COLUMBIA BANK BRINGS UNIQUE BANKING, COMMUNITY ...

BELLEVUE, Wash., April 26, 2022 /PRNewswire/ -- Columbia Bank, ... The bank has been named one of Puget Sound Business Journal's...

2022-04-20 - Fitch Rates Banco BPM SpA 'BBB-'/Stable

Adequate Capitalisation: The bank's CET1 ratio of 14.7% at end-2021 provides sound buffers over the regulatory requirement of 8.52%. Capital...

2022-04-19 - Wall Street strategists sound gloomy note as stocks drop again

... priced in the full scope of the U.S. central bank's potential hawkishness, as policymakers battle the worst inflation in about 40 years.

2019-09-12 - ECB hawks rally against Draghi's farewell stimulus

... policymakers slammed the European Central Bank's lavish stimulus ... are sound reasons to doubt its effectiveness,” Dutch central bank chief ...

2019-09-12 - Triad-Based Piedmont Federal Savings Bank Opens new ...

Piedmont Federal Savings Bank focuses on offering sound financial solutions that truly fit people's lives. We believe in getting to know ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$5.3M40122%N/A
#2
$7.2M471467%N/A
#3
$8.9M6439%N/A
#4
$8.3M8311%N/A
#5
$35M320N/AN/A