Commencement BancorpCBWA 68 Net Margin % is 23.03% as of Mar. 2026, which is 1% below its 10-year median of 23.32. GuruFocus rates CBWA with a GF Score™ of 68/100 and a GF Value™ of $17.09 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,528 Banks companies, Commencement Bancorp ranks worse than 56.28% on this metric.
The historical rank and industry rank for Commencement Bancorp's Net Margin % or its related term are showing as below:
CBWA'
s Net Margin % Range Over the Past 10 Years
Min: 13.92 Med: 23.32 Max: 32.91
Current: 24.67
CBWA's Net Margin % is ranked worse than 56.28% of 1528
companies
in the Banks industry
Industry Median: 26.845
vs CBWA: 24.67
Commencement Bancorp (OTCPK:CBWA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Commencement Bancorp Net Margin % Related Terms
Commencement Bancorp Net Margin % Historical Data
* Premium members only.
The historical data trend for Commencement Bancorp's Net 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.
For the Banks - Regional subindustry, Commencement Bancorp's Net Margin %, along with its competitors' market caps and Net 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.
Commencement Bancorp Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Commencement Bancorp's Net Margin % distribution charts can be found below:
* The bar in red indicates where Commencement Bancorp's Net Margin % falls into.
* 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.
Commencement Bancorp (CBWA) has a Net Margin % of 23.03% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Commencement Bancorp and its competitors. This is near median its historical median of 23.32. Over the past decade, Commencement Bancorp's Net Margin % has ranged from 13.92 to 32.91. According to the industry distribution chart, Commencement Bancorp ranks #860 out of 1528 companies in the Banks industry, placing it in the top 56.3%.
Is Commencement Bancorp's Net Margin % too high?
Commencement Bancorp's current Net Margin % of 23.03% is near median its 10-year median of 23.32. Over the past 10 years, this metric has ranged from a low of 13.92 to a high of 32.91. The Banks industry median Net Margin % is 26.85. Commencement Bancorp's value of 23.03% is 14.2% below this industry median. Based on the distribution chart, Commencement Bancorp ranks #860 out of 1528 companies in the Banks industry, which is below the industry midpoint. Overall, Commencement Bancorp has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commencement Bancorp's Net Margin % compare to ASRV and MVLY?
According to the Banks industry distribution chart, Commencement Bancorp ranks #860 out of 1528 companies for Net Margin %. This places Commencement Bancorp in the lower half of its industry. The industry median Net Margin % is 26.85. Commencement Bancorp's value of 23.03% is 14.2% below this benchmark. Historically, Commencement Bancorp's own Net Margin % has ranged from 13.92 to 32.91 over the past decade. While the company's 10-year median is 23.32 vs. the industry median of 26.85, Commencement Bancorp has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.85, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Commencement Bancorp's current Net Margin % of 23.03% is 14.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Commencement Bancorp and its competitors. For the Banks industry, the median Net Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commencement Bancorp's current Net Margin % is 23.03%, which is near median its own 10-year median of 23.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commencement Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Commencement Bancorp (CBWA) is currently considered Fairly Valued. The stock's GF Value™ is $17.09, compared to a current price of $17.55 — trading 2.7% above its estimated fair value. The current Net Margin % is 23.03%, which is near median its 10-year median of 23.32 and 14.2% below the Banks industry median of 26.85. Commencement Bancorp's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Commencement Bancorp (CBWA), the current Net Margin % is 23.03% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Commencement Bancorp (CBWA) Overvalued in 2026?
Based on GuruFocus' analysis, Commencement Bancorp stock appears to be overvalued.
The current stock price of $17.55 is trading 2.7% above its estimated GF Value™ of $17.09.
GuruFocus considers Commencement Bancorp to be Fairly Valued.
Key valuation signals for CBWA:
Net Margin %: 23.03% (near median its 10-year median of 23.32)
GF Value™: $17.09 vs. price of $17.55 (2.7% above fair value)
Industry Position: 14.2% below the Banks median (#860 of 1528)
No single metric tells the full story. See the CBWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commencement Bancorp Inc is a holding company that operates through its subsidiary. It provides loan and deposit services to customers, who are predominately individuals and small and midsized businesses in western Washington. The company offers banking products and services such as Personal Banking which includes Personal Checking, Personal Loans & Credit, Savings & Money markets, Business Banking which includes Business Loans, Checking & Savings, Business Services, and Merchant Services.
68GF Score
Get the complete analysis for CBWA
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CBWA has been successfully added to your 
