Summary

Midwest Bank

Founded in 1917

Description

Midwest Bank has developed the financial and technological resources to meet the needs of our small and large customers alike. Being locally owned, we have a vested interest in seeing the communities we are in thrive.

Strengths

  • Midwest Bank has a strong market share in their industry
  • Revenue growth is more steady than the industry average
  • Since Midwest Bank was founded, the company has grown faster than the industry average
  • Web traffic rankings are better than the industry average

Weaknesses

  • Revenue generated per employee is less than the industry average
  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average

Annual Revenue

Midwest Bank's annual revenue

$15560000

Based on Kona Equity data

  • Revenue per employee

    $167311

  • Variance of revenue growth

    0.01

  • Annual revenue growth since founding

    $400761

  • Revenue growth rate from first known quarter to current

    -32.1%

Employee Count

93 employees

  • Employee growth rate from first known quarter to current

    -71.0%

Executives

Stephen Daggett

President

s**@midwestbank.net

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.
  • G7 Website traffic rankings are better than the industry average

Web Analysis

  • Rank

    2.12 M

  • Page views per visitor

    2.0

  • Daily time

    1:22

  • Bounce Rate

    80.0 %

Location

215 Front St. South 
Barnesville, MN  56514

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Key Information

  • NAICS: 522; 5221
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Midwest Bank.

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Frequently Asked Questions

Where is Midwest Bank located?

Midwest Bank's headquarters are located at 215 Front St. South  Barnesville, MN  56514.


What is Midwest Bank's official website?

Midwest Bank's official website is midwestbank.net


What is Midwest Bank's revenue?

Midwest Bank's annual revenue is $15.6 M.


What is Midwest Bank's NAICS code?

Midwest Bank's NAICS: 522; 5221.


How many employees does Midwest Bank's have?

Midwest Bank has 93 employees


What industry does Midwest Bank belong to?

Midwest Bank is in the industry of Banking.

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