Compass Bank
Interested in selling your Compass Bank NNN property or Compass Bank lease property and was wondering what you can get for it in today’s changing market?
Contact us for a complimentary broker opinion of value for your off-market Compass Bank NNN property for sale or Compass Bank ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Compass Bank NNN property or the inclusion of a Compass Bank ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Compass Bank properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
As of January 2023, Compass Bank has over 200 branches in 13 states in the United States.
Revenue and income
In 2022, Compass Bank’s total revenue was $1.5 billion. Net income was $180 million.
Future plans
Compass Bank plans to continue expanding its branch network in the United States. The company also plans to invest in new technologies, such as mobile and online banking.
Corporate vs. franchise
All of Compass Bank’s branches are corporate-owned. There are no franchised branches.
Additional information Citizens Bank Properties
Compass Bank was founded in 1998 in Birmingham, Alabama. The company’s name exemplifies its dedication to serving businesses and individuals with financial services in the southeastern United States.
Compass Bank History
Compass Bank traces its roots back to 1998 in Birmingham, Alabama. The company was founded by a group of local bankers committed to providing excellent customer service and competitive financial products and services to businesses and individuals in the southeastern United States.
Why Invest in Ground Lease and NNN Lease of Compass Bank?
Investing in Compass Bank’s ground lease and triple net (NNN) lease properties offer compelling reasons:
1) Compass Bank NNN Property Investment: Stable income
Compass Bank is a well-established bank with a strong track record of profitability. The company has a long history of paying dividends to its shareholders.
2) Compass Bank NNN Property Investment: Established tenant
Compass Bank boasts a formidable management team with a successful history. The company is steadfast in delivering outstanding customer service and competitive financial products and services.
3) Compass Bank NNN Property Investment: Low management responsibility
Investors who own shares of Compass Bank do not have to worry about the company’s day-to-day operations. Compass Bank has a professional management team responsible for running the business.
4) Compass Bank NNN Property Investment: Favorable lease terms
Compass Bank maintains a robust balance sheet and has a track record of generating positive cash flow. The company carries a manageable debt load and has a commendable history of consistently paying dividends to its shareholders.
5) Compass Bank NNN Property Investment: Real estate value
Compass Bank’s strategic locations in high-traffic areas can increase property value, offering potential capital appreciation. The company strategically situates its branches in areas characterized by high foot traffic, including shopping malls, gas stations, and highways. This can increase property demand, which can drive up the value.
Pros and Cons of Compass Bank Ground Lease and NNN Lease Investment
Pros:
1. Stable income from a well-established bank.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for investors.
4. Favorable financials with a history of profitability.
Cons:
1. Reliance on the success of Compass Bank.
2. Exposure to the cyclical nature of the banking industry.
3. Economic and market risks are inherent in all investments.Investing in Compass Bank can be an excellent way to generate income and growth.
Nevertheless, it is crucial to grasp the associated risks before investing. Investors should carefully consider the company’s financials, competitive landscape, and overall economic environment before making an investment decision.
