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Dimeco (Dimeco) Pretax Margin % : 27.82% (As of Mar. 2024)


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What is Dimeco Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dimeco's Pre-Tax Income for the three months ended in Mar. 2024 was $2.85 Mil. Dimeco's Revenue for the three months ended in Mar. 2024 was $10.24 Mil. Therefore, Dimeco's pretax margin for the quarter that ended in Mar. 2024 was 27.82%.

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

DIMC' s Pretax Margin % Range Over the Past 10 Years
Min: 28.36   Med: 31.16   Max: 37.91
Current: 33.5


DIMC's Pretax Margin % is ranked better than
52.09% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs DIMC: 33.50

Dimeco Pretax Margin % Historical Data

The historical data trend for Dimeco'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.

Dimeco Pretax Margin % Chart

Dimeco Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.38 29.65 37.58 37.91 32.67

Dimeco Quarterly Data
Sep12 Dec12 Dec16 Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 39.37 30.97 26.12 43.24 27.82

Competitive Comparison of Dimeco's Pretax Margin %

For the Banks - Regional subindustry, Dimeco'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.


Dimeco's Pretax Margin % Distribution in the Banks Industry

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

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



Dimeco 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.

Dimeco'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 )
=13.027/39.879
=32.67 %

Dimeco'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 )
=2.85/10.244
=27.82 %

* 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.


Dimeco  (OTCPK:DIMC) 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.


Dimeco Pretax Margin % Related Terms

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Dimeco (Dimeco) Business Description

Traded in Other Exchanges
N/A
Address
820 Church Street, P.O Box 509, Honesdale, PA, USA, 18431
Dimeco Inc is a United States-based holding company. It provides a range of lending, depository, and financial services to individuals and small to medium-sized businesses. The bank offers an array of financial services and solutions ranging from traditional products to electronic banking, and wealth management services. It also offers personal banking services, business banking services, loans, and credit facilities and others.
Executives
Henry M Skier director
Todd J Stephens director 820 CHURCH STREET, HONESDALE PA 18431
Gary C Beilman officer: Chief Executive Officer
Robert E Genirs director
Pete Bochnovich officer: Vice President
Barbara J Genzlinger director
John F Spall director
William E Schwarz director
Thomas A Peifer director
Maureen H Beilman officer: Chief Financial Officer
John S Kiesendahl director
Joseph J Murray officer: President

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