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Spirit of Texas Bancshares (Spirit of Texas Bancshares) Net Margin % : 27.76% (As of Dec. 2021)


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What is Spirit of Texas Bancshares Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Spirit of Texas Bancshares's Net Income for the three months ended in Dec. 2021 was $9.1 Mil. Spirit of Texas Bancshares's Revenue for the three months ended in Dec. 2021 was $32.8 Mil. Therefore, Spirit of Texas Bancshares's net margin for the quarter that ended in Dec. 2021 was 27.76%.

The historical rank and industry rank for Spirit of Texas Bancshares's Net Margin % or its related term are showing as below:

STXB' s Net Margin % Range Over the Past 10 Years
Min: 8.88   Med: 20.11   Max: 32.81
Current: 32.81


STXB's Net Margin % is not ranked
in the Banks industry.
Industry Median: 25.09 vs STXB: 32.81

Spirit of Texas Bancshares Net Margin % Historical Data

The historical data trend for Spirit of Texas Bancshares'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.

Spirit of Texas Bancshares Net Margin % Chart

Spirit of Texas Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Margin %
Get a 7-Day Free Trial 9.86 17.35 22.86 25.09 32.81

Spirit of Texas Bancshares Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 32.22 33.11 36.98 33.31 27.76

Competitive Comparison of Spirit of Texas Bancshares's Net Margin %

For the Banks - Regional subindustry, Spirit of Texas Bancshares'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.


Spirit of Texas Bancshares's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Spirit of Texas Bancshares's Net Margin % falls into.



Spirit of Texas Bancshares 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.

Spirit of Texas Bancshares's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin=Net Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=42.052/128.187
=32.81 %

Spirit of Texas Bancshares's Net Margin for the quarter that ended in Dec. 2021 is calculated as

Net Margin=Net Income (Q: Dec. 2021 )/Revenue (Q: Dec. 2021 )
=9.1/32.783
=27.76 %

* 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.


Spirit of Texas Bancshares  (NAS:STXB) 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.


Spirit of Texas Bancshares Net Margin % Related Terms

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


Spirit of Texas Bancshares (Spirit of Texas Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1836 Spirit of Texas Way, Conroe, TX, USA, 77301
Spirit of Texas Bancshares Inc offers a broad range of commercial and retail banking services. The company offers business checking accounts, lending, treasury management, mortgages, personal financial security, and mobile and online banking services. Its only reportable segment being the business, community banking, provides a broad range of retail and commercial banking services.
Executives
David M Mcguire director, officer: President 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
H. D. Patel director 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Robert S Beall director 1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
Metcalf, Iii Leo T. director 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Akash J. Patel director 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Dean O. Bass director, officer: Chairman & CEO 1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
Thomas Jr. Jones director ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Steven Gregory Kidd director, 10 percent owner 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Steven M Morris director 801 CHERRY STREET SUITE 3700, UNIT 19 FORT WORTH TX 76102
Jerry D. Golemon officer: Executive Vice President & COO 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Thomas C. Sooy director 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
William K. Nix director 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Jones Allen C Iv director 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Nelda Luce Blair director 1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Allison Johnson officer: CAO and Interim CFO 2407 PARK DRIVE, HARRISBURG PA 17110