PRMY (Primary Bk) Net Margin % : 36.04% (As of Dec. 2023)

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What is Primary Bk Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Primary Bk's Net Income for the six months ended in Dec. 2023 was $10.00 Mil. Primary Bk's Revenue for the six months ended in Dec. 2023 was $27.75 Mil. Therefore, Primary Bk's net margin for the quarter that ended in Dec. 2023 was 36.04%.

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

PRMY' s Net Margin % Range Over the Past 10 Years
Min: 26.73 Med: 36.04 Max: 41.08
Current: 36.04

PRMY's Net Margin % is ranked better than
79.27% of 1534 companies
in the Banks industry
Industry Median: 24.43 vs PRMY: 36.04

Primary Bk Net Margin % Historical Data

The historical data trend for Primary Bk'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.

Primary Bk Net Margin % Chart

Primary Bk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

28.28

26.73

37.84

41.08

36.04

Primary Bk Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Net Margin %	28.28	26.73	37.84	41.08	36.04

Competitive Comparison of Primary Bk's Net Margin %

For the Banks - Regional subindustry, Primary Bk'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.

Primary Bk's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Primary Bk's Net Margin % falls into.

Primary Bk 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.

Primary Bk'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 )
	=	10.001	/	27.749
	=	36.04 %

Primary Bk's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	10.001	/	27.749
	=	36.04 %

Primary Bk (OTCPK:PRMY) 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.

Primary Bk Net Margin % Related Terms

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Primary Bk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Primary Bk (OTCPK:PRMY) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

207 Route 101, Bedford, NH, USA, 03110

Website

https://www.primarybanknh.com

Primary Bk is banking service provider. The services offered by the company include online banking, mobile banking, remote deposit, cash management, and credit cards.

Primary Bk Headlines

No Headlines