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OSBK (Oconee Financial) Net Margin % : 18.51% (As of Sep. 2024)


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What is Oconee Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Oconee Financial's Net Income for the three months ended in Sep. 2024 was $1.31 Mil. Oconee Financial's Revenue for the three months ended in Sep. 2024 was $7.07 Mil. Therefore, Oconee Financial's net margin for the quarter that ended in Sep. 2024 was 18.51%.

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

OSBK' s Net Margin % Range Over the Past 10 Years
Min: 9.91   Med: 18.2   Max: 23.85
Current: 16.73


OSBK's Net Margin % is ranked worse than
72.41% of 1533 companies
in the Banks industry
Industry Median: 24.47 vs OSBK: 16.73

Oconee Financial Net Margin % Historical Data

The historical data trend for Oconee Financial'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.

Oconee Financial Net Margin % Chart

Oconee Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 22.29 9.91 14.80 19.60 23.85

Oconee Financial 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 46.93 12.49 19.43 16.47 18.51

Competitive Comparison of Oconee Financial's Net Margin %

For the Banks - Regional subindustry, Oconee Financial'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.


Oconee Financial's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Oconee Financial's Net Margin % falls into.



Oconee Financial 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.

Oconee Financial'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 )
=5.926/24.845
=23.85 %

Oconee Financial's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=1.308/7.065
=18.51 %

* 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.


Oconee Financial  (OTCPK:OSBK) 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.


Oconee Financial Net Margin % Related Terms

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


Oconee Financial Business Description

Traded in Other Exchanges
N/A
Address
41 N. Main Street, Watkinsville, GA, USA, 30677
Oconee Financial Corp is a United States-based commercial bank. The bank offers a broad range of deposit instruments and general banking services, including checking, savings accounts (including money market demand accounts), certificates of deposit for both business and personal accounts; internet banking services, such as cash management and Bill Pay; telebanking (banking by phone); courier services, ATM deposits and mobile banking services which includes mobile capture.
Executives
G Robert Bishop director 1741 EXPERIMENT STATION ROAD, WATKINSVILLE GA 30677
B Amrey Harden director, officer: President and CEO 35 NORTH MAIN STREET, P.O. BOX 205, WATKINSVILLE GA 30677
Hale J Albert Sr director P.O.BOX 205, WATKINSVILLE GA 30677
Steven Anthony Rogers officer: Chief Financial Officer 35 NORTH MAIN STREET, PO BOX 205, WATKINSVILLE GA 30677
Virginia S Wells director, 10 percent owner OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677
Ann B. Powers director 1051 ROSE CREEK DRIVE, WATKINSVILLE GA 30087
Douglas D Dickens director 1071 RAYS CHURCH RD, BISHOP GA 30621
Henry C Maxey director 1181 MAXEY ROAD, BISHOP GA 30621
Jimmy L Christopher director P.O. BOX 405, WATKINSVILLE GA 30677
Tom F Wilson officer: Executive Vice President OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677

Oconee Financial Headlines