Mars Bancorp (Mars Bancorp) Gross-Profit-to-Asset % : 2.56% (As of Sep. 2023)

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What is Mars Bancorp 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. Mars Bancorp's annualized Gross Profit for the quarter that ended in Sep. 2023 was $13.32 Mil. Mars Bancorp's average Total Assets over the quarter that ended in Sep. 2023 was $520.83 Mil. Therefore, Mars Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 2.56%.

Mars Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for Mars Bancorp'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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Mars Bancorp Gross-Profit-to-Asset % Chart

Mars Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

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3.21

3.25

3.28

2.97

3.00

Mars Bancorp Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															3.18	3.02	2.95	2.70	2.56

Competitive Comparison of Mars Bancorp's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Mars Bancorp'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.

Mars Bancorp's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

* The bar in red indicates where Mars Bancorp's Gross-Profit-to-Asset % falls into.

Mars Bancorp Gross-Profit-to-Asset % Calculation

Mars Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	15.278	/	( (505.152	+	514.566)	/ 2 )
	=	15.278	/	509.859
	=	3.00 %

Mars Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	13.316	/	( (520.831	+	0)	/ 1 )
	=	13.316	/	520.831
	=	2.56 %

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 (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Mars Bancorp Gross-Profit-to-Asset % Related Terms

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Mars Bancorp (Mars Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mars Bancorp Inc (OTCPK:MNBP) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 Grand Avenue, P.O. Box 927, Mars, PA, USA, 16046-0927

Website

https://www.marsbank.com

Mars Bancorp Inc along with its subsidiaries provides banking products and services to individuals and businesses. It offers loans, deposits, mortgages, and online banking services. The primary activities of the bank are owning and supervising its subsidiary Mars Bank which is a national association located in Pennsylvania. The Bank derives its principal sources of revenue from its residential and commercial real estate portfolios, commercial, industrial and consumer loans, investment securities portfolio, as well as a variety of deposit services offered to its customers through six branch offices, which are located in areas of Allegheny, Butler, and Mercer counties in Western Pennsylvania.

Mars Bancorp (Mars Bancorp) Headlines

From GuruFocus

Shareholder Alert: Ademi LLP investigates whether Mars Bancorp, Inc. has obtained a Fair Price in its transaction with NexTier

By PRNewswire • 08-31-2023