Almena State Bank

Almena, United States Founded: 1934 • Age: 92 yrs Acquired By Equity Bank
Retail and business banking services are offered to local communities.
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About Almena State Bank

Almena State Bank is a company based in Almena (United States) founded in 1934 was acquired by Equity Bank in October 2020.. Almena State Bank operates in a competitive market with competitors including First Republic Bank, Truist, Investec, Equity Bank and UniCredit, among others.

  • Headquarter Almena, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Equity Bank

    (Oct 23, 2020)

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Funding Insights of Almena State Bank

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Almena State Bank

Almena State Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Equity Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are provided to businesses and individuals.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Almena State Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Almena State Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Almena State Bank Comparisons

Employees
+
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Competitors of Almena State Bank

Almena State Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as First Republic Bank, Truist, Investec, Equity Bank and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Wealth advisory and banking services are offered to clients.
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Regional bank
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Almena State Bank

Frequently Asked Questions about Almena State Bank

When was Almena State Bank founded?

Almena State Bank was founded in 1934.

Where is Almena State Bank located?

Almena State Bank is headquartered in Almena, United States. It is registered at Almena, Wisconsin, United States.

Who is the current CEO of Almena State Bank?

Shad Chandler is the current CEO of Almena State Bank.

What does Almena State Bank do?

Almena State Bank was established in 1934 as a community bank in Almena, United States. Retail banking services, including deposits and loans, are provided to individuals, while business banking options such as commercial lending and treasury management are extended to local enterprises. Operations focus on the surrounding region, with oversight by CEO Shad Chandler ensuring regulatory compliance and community-oriented practices. The banks domain, almenastatebank.com, supports online access to these services.

Who are the top competitors of Almena State Bank?

Almena State Bank's top competitors include Truist, Investec and Citi.

Who are Almena State Bank's investors?

Almena State Bank has 1 investor. Key investors include Equity Bank.

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