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Katahdin Bankshares (Katahdin Bankshares) Pretax Margin % : 26.16% (As of Mar. 2024)


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What is Katahdin Bankshares Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Katahdin Bankshares's Pre-Tax Income for the three months ended in Mar. 2024 was $2.47 Mil. Katahdin Bankshares's Revenue for the three months ended in Mar. 2024 was $9.46 Mil. Therefore, Katahdin Bankshares's pretax margin for the quarter that ended in Mar. 2024 was 26.16%.

The historical rank and industry rank for Katahdin Bankshares's Pretax Margin % or its related term are showing as below:

KTHN' s Pretax Margin % Range Over the Past 10 Years
Min: 22.62   Med: 29.36   Max: 32.27
Current: 29.56


KTHN's Pretax Margin % is ranked worse than
57.98% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs KTHN: 29.56

Katahdin Bankshares Pretax Margin % Historical Data

The historical data trend for Katahdin Bankshares'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.

Katahdin Bankshares Pretax Margin % Chart

Katahdin Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.72 29.46 32.27 32.11 30.82

Katahdin Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.34 31.02 31.94 29.03 26.16

Competitive Comparison of Katahdin Bankshares's Pretax Margin %

For the Banks - Regional subindustry, Katahdin Bankshares'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.


Katahdin Bankshares's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Katahdin Bankshares's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Katahdin Bankshares's Pretax Margin % falls into.



Katahdin Bankshares 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.

Katahdin Bankshares's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=12.073/39.172
=30.82 %

Katahdin Bankshares's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2.473/9.455
=26.16 %

* 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.


Katahdin Bankshares  (OTCPK:KTHN) 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.


Katahdin Bankshares Pretax Margin % Related Terms

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Katahdin Bankshares (Katahdin Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730
Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.

Katahdin Bankshares (Katahdin Bankshares) Headlines

From GuruFocus

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