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Southern Michigan Bancorp (Southern Michigan Bancorp) Pretax Margin % : 28.49% (As of Dec. 2018)


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What is Southern Michigan Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Southern Michigan Bancorp's Pre-Tax Income for the three months ended in Dec. 2018 was $2.19 Mil. Southern Michigan Bancorp's Revenue for the three months ended in Dec. 2018 was $7.67 Mil. Therefore, Southern Michigan Bancorp's pretax margin for the quarter that ended in Dec. 2018 was 28.49%.

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


SOMC's Pretax Margin % is not ranked *
in the Banks industry.
Industry Median: 32.765
* Ranked among companies with meaningful Pretax Margin % only.

Southern Michigan Bancorp Pretax Margin % Historical Data

The historical data trend for Southern 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.

Southern Michigan Bancorp Pretax Margin % Chart

Southern Michigan Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.77 29.78 31.19 29.69 30.62

Southern Michigan Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 31.24 28.26 31.58 33.91 28.49

Competitive Comparison of Southern Michigan Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Southern 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.


Southern Michigan Bancorp's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Southern Michigan Bancorp's Pretax Margin % falls into.



Southern 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.

Southern Michigan Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2018 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2018 )/Revenue (A: Dec. 2018 )
=9.56/31.217
=30.62 %

Southern Michigan Bancorp's Pretax Margin for the quarter that ended in Dec. 2018 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2018 )/Revenue (Q: Dec. 2018 )
=2.185/7.669
=28.49 %

* 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.


Southern Michigan Bancorp  (OTCPK:SOMC) 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.


Southern Michigan Bancorp Pretax Margin % Related Terms

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Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
51 West Pearl Street, Coldwater, MI, USA, 49036
Southern Michigan Bancorp Inc is a United States-based financial holding company. It is engaged in the business activity of the ownership and management of its wholly-owned subsidiary bank. The Bank offers individuals, businesses, institutions, and government agencies a full range of commercial banking services. The customer base is located primarily in the southwest Michigan communities in which the Bank has branches, and in areas immediately surrounding these communities. The Bank makes commercial and consumer loans to customers. The majority of loans are secured by business assets, commercial and residential real estate, and consumer assets. The bank operates in a single segment: commercial banking.

Southern Michigan Bancorp (Southern Michigan Bancorp) Headlines

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