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First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Pretax Margin % : 17.30% (As of Sep. 2017)


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What is First Federal of Northern Michigan Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Federal of Northern Michigan Bancorp's Pre-Tax Income for the three months ended in Sep. 2017 was $0.52 Mil. First Federal of Northern Michigan Bancorp's Revenue for the three months ended in Sep. 2017 was $3.03 Mil. Therefore, First Federal of Northern Michigan Bancorp's pretax margin for the quarter that ended in Sep. 2017 was 17.30%.

The historical rank and industry rank for First Federal of Northern Michigan Bancorp's Pretax Margin % or its related term are showing as below:


FFNM's Pretax Margin % is not ranked *
in the Banks industry.
Industry Median: 32.77
* Ranked among companies with meaningful Pretax Margin % only.

First Federal of Northern Michigan Bancorp Pretax Margin % Historical Data

The historical data trend for First Federal of Northern Michigan Bancorp's Pretax 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.

First Federal of Northern Michigan Bancorp Pretax Margin % Chart

First Federal of Northern Michigan Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.17 0.62 19.56 15.65 11.67

First Federal of Northern Michigan Bancorp Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.81 18.87 13.53 17.22 17.30

Competitive Comparison of First Federal of Northern Michigan Bancorp's Pretax Margin %

For the Banks - Regional subindustry, First Federal of Northern Michigan Bancorp's Pretax Margin %, along with its competitors' market caps and Pretax 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.


First Federal of Northern Michigan Bancorp's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Federal of Northern Michigan Bancorp's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where First Federal of Northern Michigan Bancorp's Pretax Margin % falls into.



First Federal of Northern Michigan Bancorp Pretax Margin % Calculation

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

First Federal of Northern Michigan Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2016 )/Revenue (A: Dec. 2016 )
=1.314/11.255
=11.67 %

First Federal of Northern Michigan Bancorp's Pretax Margin for the quarter that ended in Sep. 2017 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2017 )/Revenue (Q: Sep. 2017 )
=0.524/3.029
=17.30 %

* 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.


First Federal of Northern Michigan Bancorp  (OTCPK:FFNM) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


First Federal of Northern Michigan Bancorp Pretax Margin % Related Terms

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First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
First Federal of Northern Michigan Bancorp Inc operates as a full-service, community-oriented savings bank whose primary lending activity is the origination of one- to four-family residential real estate mortgages, commercial real estate loans, commercial loans, and consumer loans. Its primary services include accepting deposits, making a commercial, consumer and mortgage loans, and engaging in mortgage banking activities. Geographically all the operation of the group is functioned through the region of US.
Executives
Martin A Thomson director