Bank of South Carolina (Bank of South Carolina) Net Margin %

: 25.34% (As of Jun. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Bank of South Carolina's Net Income for the three months ended in Jun. 2023 was $1.28 Mil. Bank of South Carolina's Revenue for the three months ended in Jun. 2023 was $5.04 Mil. Therefore, Bank of South Carolina's net margin for the quarter that ended in Jun. 2023 was 25.34%.

The historical rank and industry rank for Bank of South Carolina's Net Margin % or its related term are showing as below:

BKSC' s Net Margin % Range Over the Past 10 Years
Min: 27.21 Med: 30.63 Max: 36.06
Current: 30.78

BKSC's Net Margin % is ranked better than
65.94% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs BKSC: 30.78

Bank of South Carolina Net Margin % Historical Data

The historical data trend for Bank of South Carolina'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.

Bank of South Carolina Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Margin %

35.62

36.06

31.77

31.75

Bank of South Carolina Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Net Margin %																30.03	33.74	32.78	30.85	25.34

Competitive Comparison

For the Banks - Regional subindustry, Bank of South Carolina'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.

Bank of South Carolina Net Margin % Distribution

For the Banks industry and Financial Services sector, Bank of South Carolina's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bank of South Carolina's Net Margin % falls into.

Bank of South Carolina 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.

Bank of South Carolina's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	6.655	/	20.962
	=	31.75 %

Bank of South Carolina'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 )
	=	1.278	/	5.044
	=	25.34 %

Bank of South Carolina (OTCPK:BKSC) 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.

Bank of South Carolina Net Margin % Related Terms

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Bank of South Carolina (Bank of South Carolina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of South Carolina Corp (OTCPK:BKSC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

256 Meeting Street, Charleston, SC, USA, 29401

Website

https://www.banksc.com

Bank of South Carolina Corp is a financial institution holding company. It is engaged in providing financial product and services. The bank offers various deposits, including non-interest-bearing accounts, negotiable order of withdrawal accounts, money market accounts, time deposits and savings accounts. Its loan offering includes commercial and industrial loans; real estate loans; loans to individuals for household, family and other personal expenditures. In addition to one- to four-family residential mortgage loans, it offers home equity loans and lines of credit that are secured by the borrower's primary or secondary residence. Geographically, all the activities are functioned through the regions of South Carolina and derive majority of its income from interest on loans and investments.

Executives

Walpole Gene H Iv	officer: Chief Financial Officer	PO BOX 538, CHARLESTON SC 29402
Fleetwood S Hassell	officer: Senior Vice President	P O BOX 538, CHARLESTON SC 29402
Sheryl G Sharry	officer: Senior Vice President	P. O. BOX 538, CHARLESTON SC 29402
Douglas H Sass	officer: Executive Vice President	P O BOX 538, CHARLESTON SC 29402
Charles G Lane	director	P O BOX 538, CHARLESTON SC 29402
Lane C Hugh Jr	director, 10 percent owner, officer: President & CEO	P O BOX 538, CHARLESTON SC 29402
Susanne King Boyd	officer: Cheif Operating Officer	PO BOX 538, CHARLESTON SC 29402
David W Bunch	director	P O BOX 538, CHARLESTON SC 29402
Hutson Richard W Jr	director	P O BOX 538, CHARLESTON SC 29402
Elizabeth M Hagood	director	P O BOX 538, CHARLESTON SC 29402
Hiott William L Jr	director, officer: Executive Vice President
Alan I Nussbaum	director	P O BOX 538, CHARLESTON SC 29402
David R Schools	director	P O BOX 538, CHARLESTON SC 29402
Malcolm M Rhodes	director	P O BOX 538, CHARLESTON SC 29402
Glen B Haynes	director	P O BOX 538, CHARLESTON SC 29402