Main Street Financial Services (Main Street Financial Services) Gross-Profit-to-Asset % : 3.36% (As of Dec. 2023)

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What is Main Street Financial Services Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Main Street Financial Services's annualized Gross Profit for the quarter that ended in Dec. 2023 was $20.09 Mil. Main Street Financial Services's average Total Assets over the quarter that ended in Dec. 2023 was $597.39 Mil. Therefore, Main Street Financial Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.36%.

Main Street Financial Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Main Street Financial Services's Gross-Profit-to-Asset % 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.

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Main Street Financial Services Gross-Profit-to-Asset % Chart

Main Street Financial Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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3.85

3.49

3.30

3.31

3.22

Main Street Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															3.88	3.75	3.45	2.36	3.36

Competitive Comparison of Main Street Financial Services's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Main Street Financial Services's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Main Street Financial Services's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Main Street Financial Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Main Street Financial Services's Gross-Profit-to-Asset % falls into.

Main Street Financial Services Gross-Profit-to-Asset % Calculation

Main Street Financial Services's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	19.471	/	( (603.785	+	604.86)	/ 2 )
	=	19.471	/	604.3225
	=	3.22 %

Main Street Financial Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	20.088	/	( (589.91	+	604.86)	/ 2 )
	=	20.088	/	597.385
	=	3.36 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Main Street Financial Services Gross-Profit-to-Asset % Related Terms

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Main Street Financial Services (Main Street Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Main Street Financial Services Corp (OTCPK:MSWV) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2001 Main Street, Suite 100, Celoron Plaza, Wheeling, WV, USA, 26003

Website

https://www.mymainstreetbank.com

Main Street Financial Services Corp is a U.S based community bank. It is engaged in providing financial products and services which include ATM, Business Money Market, Drive-thru Services, Internet Banking, Safe Deposit Boxes and Non-profit Accounts among others.

Main Street Financial Services (Main Street Financial Services) Headlines

From GuruFocus

Wayne Savings Bancshares, Inc. and Main Street Financial Services Corp. announce Merger of Equals transaction, creating a community bank with assets in excess of $1.3 billion.

By PRNewswire PRNewswire • 02-23-2023

Main Street Financial Services Corp Reports Second Quarter Financial Results

By PRNewswire PRNewswire • 08-07-2020