First National Bank of Durango

Durango, United States Founded: 1882 • Age: 144 yrs Acquired By Triumph Bancorp
Commercial bank

About First National Bank of Durango

First National Bank of Durango is a company based in Durango (United States) founded in 1882 was acquired by Triumph Bancorp in April 2018.. First National Bank of Durango operates in a competitive market with competitors including Truist, First Republic Bank, Investec, UniCredit and Equity Bank, among others.

  • Headquarter Durango, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • 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
    Triumph Bancorp

    (Apr 09, 2018)

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Funding Insights of First National Bank of Durango

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 First National Bank of Durango

First National Bank of Durango has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Triumph Bancorp. 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
Banking and financial services are provided by Triumph Bancorp.
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 First National Bank of Durango

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 - First National Bank of Durango

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

First National Bank Of Durango Comparisons

Employees
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Competitors of First National Bank of Durango

First National Bank of Durango 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 Truist, First Republic Bank, Investec, UniCredit and Equity Bank, 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
Wealth advisory and banking services are offered to clients.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
Commercial banking and wealth management services are offered globally.
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 First National Bank Of Durango

Frequently Asked Questions about First National Bank of Durango

When was First National Bank of Durango founded?

First National Bank of Durango was founded in 1882.

Where is First National Bank of Durango located?

First National Bank of Durango is headquartered in Durango, United States. It is registered at Durango, Colorado, United States.

Who is the current CEO of First National Bank of Durango?

Mark Daigle is the current CEO of First National Bank of Durango.

What does First National Bank of Durango do?

First National Bank of Durango was established in 1882 as a commercial bank based in Durango, United States. Core operations involve deposit accounts, commercial loans, and personal banking services tailored to local customers. The institution serves the surrounding region with standard financial products, including mortgages and business financing. Leadership is provided by CEO and President Mark Daigle, ensuring compliance with federal banking regulations.

Who are the top competitors of First National Bank of Durango?

First National Bank of Durango's top competitors include Truist, Investec and Citi.

Who are First National Bank of Durango's investors?

First National Bank of Durango has 1 investor. Key investors include Triumph Bancorp.

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