GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Sound Bank WA (OTCPK:FSWA) » Definitions » Net Margin %

First Sound Bank WA (First Sound Bank WA) Net Margin % : -10.45% (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is First Sound Bank WA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Sound Bank WA's Net Income for the three months ended in Sep. 2023 was $-0.13 Mil. First Sound Bank WA's Revenue for the three months ended in Sep. 2023 was $1.25 Mil. Therefore, First Sound Bank WA's net margin for the quarter that ended in Sep. 2023 was -10.45%.

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


FSWA's Net Margin % is not ranked *
in the Banks industry.
Industry Median: 25.13
* Ranked among companies with meaningful Net Margin % only.

First Sound Bank WA Net Margin % Historical Data

The historical data trend for First Sound Bank WA'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 Sound Bank WA Net Margin % Chart

First Sound Bank WA Annual Data
Trend Dec04 Dec05 Dec06
Net Margin %
-420.55 -62.12 9.02

First Sound Bank WA Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Jun22 Sep22 Jun23 Sep23
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 22.87 11.24 13.87 9.98 -10.45

Competitive Comparison of First Sound Bank WA's Net Margin %

For the Banks - Regional subindustry, First Sound Bank WA'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 Sound Bank WA's Net Margin % Distribution in the Banks Industry

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

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



First Sound Bank WA 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 Sound Bank WA's Net Margin for the fiscal year that ended in Dec. 2006 is calculated as

Net Margin=Net Income (A: Dec. 2006 )/Revenue (A: Dec. 2006 )
=0.466/5.168
=9.02 %

First Sound Bank WA's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-0.131/1.253
=-10.45 %

* 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 Sound Bank WA  (OTCPK:FSWA) 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 Sound Bank WA Net Margin % Related Terms

Thank you for viewing the detailed overview of First Sound Bank WA's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Sound Bank WA (First Sound Bank WA) Business Description

Traded in Other Exchanges
N/A
Address
925 Fourth Avenue, Suite 2350, Seattle, WA, USA, 98104
First Sound Bank WA is a commercial bank. It provides loan and deposit services to customers who are predominately small and midsized businesses, not-for-profit organizations, entrepreneurs, and professional service firms. The Bank provides small commercial equipment financing agreements (EFA) to businesses that are located throughout the United States. Additionally, the group also provides business banking, equipment financing, personal banking, and online banking services.

First Sound Bank WA (First Sound Bank WA) Headlines