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Foresight Financial Group (Foresight Financial Group) Net Margin % : 25.60% (As of Dec. 2023)


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What is Foresight Financial Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Foresight Financial Group's Net Income for the six months ended in Dec. 2023 was $14.55 Mil. Foresight Financial Group's Revenue for the six months ended in Dec. 2023 was $56.83 Mil. Therefore, Foresight Financial Group's net margin for the quarter that ended in Dec. 2023 was 25.60%.

The historical rank and industry rank for Foresight Financial Group's Net Margin % or its related term are showing as below:

FGFH' s Net Margin % Range Over the Past 10 Years
Min: 20.99   Med: 25.09   Max: 26.9
Current: 25.6


FGFH's Net Margin % is ranked better than
51.17% of 1458 companies
in the Banks industry
Industry Median: 25.215 vs FGFH: 25.60

Foresight Financial Group Net Margin % Historical Data

The historical data trend for Foresight Financial Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Foresight Financial Group Net Margin % Chart

Foresight Financial Group Annual Data
Trend Dec04 Dec05 Dec06 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.97 20.99 22.45 25.20 25.60

Foresight Financial Group Semi-Annual Data
Dec04 Dec05 Dec06 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.97 20.99 22.45 25.20 25.60

Competitive Comparison of Foresight Financial Group's Net Margin %

For the Banks - Regional subindustry, Foresight Financial Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Foresight Financial Group's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Foresight Financial Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Foresight Financial Group's Net Margin % falls into.



Foresight Financial Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Foresight Financial Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=14.546/56.827
=25.60 %

Foresight Financial Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=14.546/56.827
=25.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Foresight Financial Group  (OTCPK:FGFH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Foresight Financial Group Net Margin % Related Terms

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Foresight Financial Group (Foresight Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
809 Cannell-Puri Court, P.O. Box 339, Suite 5, Winnebago, IL, USA, 61088
Foresight Financial Group is a bank holding company. It is established under the Federal Reserve with offices in the Northern Illinois counties of Winnebago, Stephenson, and Kankakee. Holdings of the company include German American State Bank located in German Valley, Pecatonica, Seward, and Winnebago; State Bank of Davis located in Davis and Kankakee; State Bank located in Freeport; Lena State Bank located in Lena; Northwest Bank located in Rockford, Loves Park, and Machesney Park; and State Bank of Herscher located in Herscher and Kankakee.

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