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First Busey (FRA:FBYN) Net Margin % : 23.54% (As of Jun. 2024)


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What is First Busey Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Busey's Net Income for the three months ended in Jun. 2024 was €25.4 Mil. First Busey's Revenue for the three months ended in Jun. 2024 was €108.0 Mil. Therefore, First Busey's net margin for the quarter that ended in Jun. 2024 was 23.54%.

The historical rank and industry rank for First Busey's Net Margin % or its related term are showing as below:

FRA:FBYN' s Net Margin % Range Over the Past 10 Years
Min: 20.42   Med: 25.26   Max: 30.59
Current: 24.52


FRA:FBYN's Net Margin % is ranked better than
50.32% of 1544 companies
in the Banks industry
Industry Median: 24.385 vs FRA:FBYN: 24.52

First Busey Net Margin % Historical Data

The historical data trend for First Busey'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.

* Premium members only.

First Busey Net Margin % Chart

First Busey Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.51 25.01 30.59 28.50 27.74

First Busey Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net 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 28.19 23.70 23.68 23.54 27.01

Competitive Comparison of First Busey's Net Margin %

For the Banks - Regional subindustry, First Busey'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.


First Busey's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Busey's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Busey's Net Margin % falls into.



First Busey Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Busey's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=112.392/405.163
=27.74 %

First Busey's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=25.415/107.982
=23.54 %

* 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.


First Busey  (FRA:FBYN) 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.


First Busey Net Margin % Related Terms

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First Busey Business Description

Traded in Other Exchanges
Address
100 W. University Avenue, Champaign, IL, USA, 61820
First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.

First Busey Headlines

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