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Enterprise Bancorp (Enterprise Bancorp) Pretax Margin % : 26.98% (As of Dec. 2023)


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What is Enterprise Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Enterprise Bancorp's Pre-Tax Income for the three months ended in Dec. 2023 was $11.3 Mil. Enterprise Bancorp's Revenue for the three months ended in Dec. 2023 was $42.1 Mil. Therefore, Enterprise Bancorp's pretax margin for the quarter that ended in Dec. 2023 was 26.98%.

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

EBTC' s Pretax Margin % Range Over the Past 10 Years
Min: 25.96   Med: 30.61   Max: 34.92
Current: 30.02


EBTC's Pretax Margin % is ranked worse than
57.51% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs EBTC: 30.02

Enterprise Bancorp Pretax Margin % Historical Data

The historical data trend for Enterprise 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.

Enterprise Bancorp Pretax Margin % Chart

Enterprise Bancorp 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 33.73 28.25 34.92 32.98 30.02

Enterprise Bancorp 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 31.19 31.83 30.06 26.98 27.42

Competitive Comparison of Enterprise Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Enterprise 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.


Enterprise Bancorp's Pretax Margin % Distribution in the Banks Industry

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

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



Enterprise 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.

Enterprise Bancorp'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 )
=51.245/170.693
=30.02 %

Enterprise Bancorp's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=11.348/42.065
=26.98 %

* 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.


Enterprise Bancorp  (NAS:EBTC) 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.


Enterprise Bancorp Pretax Margin % Related Terms

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Enterprise Bancorp (Enterprise Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
222 Merrimack Street, Lowell, MA, USA, 01852
Enterprise Bancorp Inc is a holding company. The Company is engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services.
Executives
Gino J Baroni director 222 MERRIMACK STREET, LOWELL MA 01852
Michael T Putziger director C/O NEW HAMPSHIRE THRIFT BANCSHARES, 9 MAIN STREET, NEWPORT NH 03773
Ken S Ansin director 390 GOODRICH ST, LUNENBURG MA 01462
George L Duncan director, officer: Chief Executive Officer 222 MERRIMACK ST, LOWELL MA 01852
Stephen J Irish officer: EVP - Principal Subsidiary 222 MERRIMACK ST, LOWELL MA 01852
Ryan C Dunn officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Mary Jane King director 222 MERRIMACK STREET, LOWELL MA 01852
Luis M Pedroso director 222 MERRIMACK STREET, LOWELL MA 01852
Diane J Silva officer: EVP - Principal Subsidiary 222 MERRIMACK STREET, LOWELL MA 01852
Anita R Worden director C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
John A Koutsos director 222 MERRIMACK STREET, LOWELL MA 01852
Peter Rayno officer: EVP - Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Joseph R Lussier officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Keith N Soucie officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Carol L Reid director C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876