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Lake Shore Bancorp (Lake Shore Bancorp) Pretax Margin % : 20.21% (As of Dec. 2023)


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What is Lake Shore Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lake Shore Bancorp's Pre-Tax Income for the three months ended in Dec. 2023 was $1.31 Mil. Lake Shore Bancorp's Revenue for the three months ended in Dec. 2023 was $6.48 Mil. Therefore, Lake Shore Bancorp's pretax margin for the quarter that ended in Dec. 2023 was 20.21%.

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

LSBK' s Pretax Margin % Range Over the Past 10 Years
Min: 21.02   Med: 23.08   Max: 29.68
Current: 21.02


LSBK's Pretax Margin % is ranked worse than
75.86% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs LSBK: 21.02

Lake Shore Bancorp Pretax Margin % Historical Data

The historical data trend for Lake Shore 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.

Lake Shore Bancorp Pretax Margin % Chart

Lake Shore 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 21.99 23.48 29.68 25.40 23.04

Lake Shore 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 28.53 15.56 27.58 20.21 20.50

Competitive Comparison of Lake Shore Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Lake Shore 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.


Lake Shore Bancorp's Pretax Margin % Distribution in the Banks Industry

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

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



Lake Shore 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.

Lake Shore 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 )
=6.219/26.993
=23.04 %

Lake Shore 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 )
=1.31/6.481
=20.21 %

* 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.


Lake Shore Bancorp  (NAS:LSBK) 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.


Lake Shore Bancorp Pretax Margin % Related Terms

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Lake Shore Bancorp (Lake Shore Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
31 East Fourth Street, Dunkirk, NY, USA, 14048
Lake Shore Bancorp Inc operates as a savings and loan holdings company. The bank's business consists of attracting retail deposits from the general public in the areas surrounding its branch offices and investing those deposits, together with funds generated from operations, primarily in commercial real estate loans, one-to-four family residential mortgage loans, home equity lines of credit and, to a lesser extent, commercial business loans, consumer loans, and investment securities. Its revenues are principally derived from interest earned on loans and investment securities.
Executives
Kim C Liddell Dir., Pres. and CEO of Bank, other: Dir., Pres. and CEO of Bank 31 EAST FOURTH STREET, DUNKIRK NY 14048
Ronald J Passafaro director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Kevin M. Sanvidge director, other: Chairman of the Board 128 EAST FOURTH STREET, DUNKIRK NY 14048
Ann M Segarra director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Taylor Gilden officer: Chief Financial Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
John L Mehltretter director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Jennifer L Zatkos officer: Chief Operating Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
Robert V Cortellucci officer: Chief Technology Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
Michelle M Debergalis director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Catharine M Young director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Tracy Steve Bennett director 125 EAST FOURTH STREET, DUNKIRK NY 14048
John P Mcgrath director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Daniel P Reininga director, officer: President and CEO 125 EAST FOURTH STREET, DUNKIRK NY 14048
Jeffrey M. Werdein officer: EVP-Commercial Division 31 EAST FOURTH STREET, DUNKIRK NY 14048
Beverly Sutton officer: Internal Auditor 31 EAST FOURTH STREET, DUNKIRK NY 14048