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Town Center Bank IL (Town Center Bank IL) Net Margin % : 15.09% (As of Jun. 2023)


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What is Town Center Bank IL Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Town Center Bank IL's Net Income for the three months ended in Jun. 2023 was $0.23 Mil. Town Center Bank IL's Revenue for the three months ended in Jun. 2023 was $1.54 Mil. Therefore, Town Center Bank IL's net margin for the quarter that ended in Jun. 2023 was 15.09%.

The historical rank and industry rank for Town Center Bank IL's Net Margin % or its related term are showing as below:

TCNB' s Net Margin % Range Over the Past 10 Years
Min: 2.15   Med: 15.8   Max: 54.5
Current: 17.58


TCNB's Net Margin % is ranked worse than
71.95% of 1458 companies
in the Banks industry
Industry Median: 25.06 vs TCNB: 17.58

Town Center Bank IL Net Margin % Historical Data

The historical data trend for Town Center Bank IL'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.

Town Center Bank IL Net Margin % Chart

Town Center Bank IL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.50 14.17 24.43 4.67 17.43

Town Center Bank IL Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
Net 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 -68.72 - 20.45 15.09 -

Competitive Comparison of Town Center Bank IL's Net Margin %

For the Banks - Regional subindustry, Town Center Bank IL'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.


Town Center Bank IL's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Town Center Bank IL's Net Margin % distribution charts can be found below:

* The bar in red indicates where Town Center Bank IL's Net Margin % falls into.



Town Center Bank IL 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.

Town Center Bank IL'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 )
=1.051/6.029
=17.43 %

Town Center Bank IL's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=0.232/1.537
=15.09 %

* 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.


Town Center Bank IL  (OTCPK:TCNB) 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.


Town Center Bank IL Net Margin % Related Terms

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Town Center Bank IL (Town Center Bank IL) Business Description

Traded in Other Exchanges
N/A
Address
1938 E. Lincoln Highway, Unit 201, New Lenox, IL, USA, 60451
Town Center Bank IL provides banking products and services to families, businesses, and organizations in Illinois. Its primary deposit products are checking, savings, and term certificate accounts and its primary lending products are residential mortgages, commercial, commercial real estate, construction, land development, and consumer loans. Other financial instruments offered by the bank include loan commitments, credit lines, letters of credit, and overdraft protection.

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