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Mid Penn Bancorp (Mid Penn Bancorp) Pretax Margin % : 34.53% (As of Dec. 2023)


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What is Mid Penn Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mid Penn Bancorp's Pre-Tax Income for the three months ended in Dec. 2023 was $14.4 Mil. Mid Penn Bancorp's Revenue for the three months ended in Dec. 2023 was $41.7 Mil. Therefore, Mid Penn Bancorp's pretax margin for the quarter that ended in Dec. 2023 was 34.53%.

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

MPB' s Pretax Margin % Range Over the Past 10 Years
Min: 20.07   Med: 26.35   Max: 39.74
Current: 27.08


MPB's Pretax Margin % is ranked worse than
64.06% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs MPB: 27.08

Mid Penn Bancorp Pretax Margin % Historical Data

The historical data trend for Mid Penn 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.

Mid Penn Bancorp Pretax Margin % Chart

Mid Penn 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 25.88 30.44 27.93 39.74 27.08

Mid Penn Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 43.07 34.64 12.07 27.27 34.53

Competitive Comparison of Mid Penn Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Mid Penn 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.


Mid Penn Bancorp's Pretax Margin % Distribution in the Banks Industry

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

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



Mid Penn 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.

Mid Penn 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 )
=44.694/165.017
=27.08 %

Mid Penn 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 )
=14.392/41.675
=34.53 %

* 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.


Mid Penn Bancorp  (NAS:MPB) 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.


Mid Penn Bancorp Pretax Margin % Related Terms

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Mid Penn Bancorp (Mid Penn Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2407 Park Drive, Harrisburg, PA, USA, 17110
Mid Penn Bancorp Inc operates in the financial services domain. It conducts commercial banking and trust business in the United States. Its range of services comprises mortgage and home equity loans, secured and unsecured consists and consumer loans, lines of credit, construction financing, farm loans, community development, and local government loans, and various types of time and demand deposits.
Executives
Hudson Brian Arden Sr. director 2407 PARK DRIVE, HARRISBURG PA 17110
Theodore W Mowery director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert C Grubic director 2407 PARK DRIVE, HARRISBURG PA 17110
De Soto Matthew G director 2407 PARK DRIVE, HARRISBURG PA 17110
Albert J. Evans director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert A Abel director 2407 PARK DRIVE, HARRISBURG PA 17110
Kimberly J Brumbaugh director 349 UNION STREET, MILLERSBURG PA 17061
Joel L. Frank director 2407 PARK DRIVE, HARRISBURG PA 17110
Bruce A Kiefer director 2407 PARK DRIVE, HARRISBURG PA 17110
John E Noone director 2407 PARK DRIVE, HARRISBURG PA 17110
Frank Jr Gumina director 98 FAIRWAY BLVD, MONROE TOWNSHIP NJ 08831
Maureen M. Gathagan director 2407 PARK DRIVE, HARRISBURG PA 17110
Rory G Ritrievi director, officer: President & CEO 2407 PARK DRIVE, HARRISBURG PA 17110
Quandel Noble C Jr director 2407 PARK DRIVE, HARRISBURG PA 17110
Gregory M Kerwin director 2407 PARK DRIVE, HARRISBURG PA 17110