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SSBP (SSB Bancorp) Net Margin % : 13.80% (As of Sep. 2024)


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What is SSB Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SSB Bancorp's Net Income for the three months ended in Sep. 2024 was $0.42 Mil. SSB Bancorp's Revenue for the three months ended in Sep. 2024 was $3.06 Mil. Therefore, SSB Bancorp's net margin for the quarter that ended in Sep. 2024 was 13.80%.

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

SSBP' s Net Margin % Range Over the Past 10 Years
Min: 8.3   Med: 14.48   Max: 18.85
Current: 15.01


SSBP's Net Margin % is ranked worse than
75.73% of 1533 companies
in the Banks industry
Industry Median: 24.47 vs SSBP: 15.01

SSB Bancorp Net Margin % Historical Data

The historical data trend for SSB 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.

* Premium members only.

SSB Bancorp Net Margin % Chart

SSB Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 13.28 8.30 8.37 15.67 18.85

SSB Bancorp Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 23.09 13.58 17.38 15.31 13.80

Competitive Comparison of SSB Bancorp's Net Margin %

For the Banks - Regional subindustry, SSB 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.


SSB Bancorp's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where SSB Bancorp's Net Margin % falls into.



SSB Bancorp 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.

SSB Bancorp'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 )
=1.901/10.086
=18.85 %

SSB Bancorp'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 )
=0.422/3.059
=13.80 %

* 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.


SSB Bancorp  (OTCPK:SSBP) 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.


SSB Bancorp Net Margin % Related Terms

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SSB Bancorp Business Description

Traded in Other Exchanges
N/A
Address
8700 Perry Highway, Pittsburgh, PA, USA, 15237
SSB Bancorp Inc is engaged in the provision of financial services to individuals and corporate customers. The bank offers deposits, loans, consumer financing, certificate of deposits, mortgage loans, card services, internet banking, insurance, and other related services.
Executives
Moon Joseph Daniel Iv director, officer: President, CEO & CFO 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Gretchen Givens Generett director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Kenneth J. Broadbent director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Benjamin Contrucci officer: Vice President of Subsidiary 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Peter F. Stires officer: VP of Comm Lending 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Docchio David H. Jr. director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Mark C. Joseph director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bernie M. Simons director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bancorp, Mhc Ssb 10 percent owner 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Jennifer R. Harris officer: Chief Lending Officer of Sub 8700 PERRY HIGHWAY, PITTSBURGH PA 15237