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SBKO (Summit Bank Group) Pre-Tax Income : $12.22 Mil (TTM As of Dec. 2023)


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What is Summit Bank Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Summit Bank Group's pretax income for the six months ended in Dec. 2023 was $12.22 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $12.22 Mil. Summit Bank Group's pretax margin was 26.68%.

During the past 9 years, Summit Bank Group's highest Pretax Margin was 42.06%. The lowest was 14.94%. And the median was 34.83%.


Summit Bank Group Pre-Tax Income Historical Data

The historical data trend for Summit Bank Group's Pre-Tax Income 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.

Summit Bank Group Pre-Tax Income Chart

Summit Bank Group Annual Data
Trend Dec06 Dec07 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only 7.51 10.66 14.60 18.03 12.22

Summit Bank Group Semi-Annual Data
Dec06 Dec07 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only 7.51 10.66 14.60 18.03 12.22

Competitive Comparison of Summit Bank Group's Pre-Tax Income

For the Banks - Regional subindustry, Summit Bank Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Summit Bank Group's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Summit Bank Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Summit Bank Group's Pre-Tax Income falls into.


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Summit Bank Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Summit Bank Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+12.22
=12.22

Summit Bank Group's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+12.22
=12.22

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 was $12.22 Mil.

* 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.


Summit Bank Group  (OTCPK:SBKO) Pre-Tax Income Explanation

Summit Bank Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=12.22/45.804
=26.68%

During the past 9 years, Summit Bank Group's highest Pretax Margin was 42.06%. The lowest was 14.94%. And the median was 34.83%.

* 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.


Summit Bank Group Pre-Tax Income Related Terms

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Summit Bank Group Business Description

Traded in Other Exchanges
N/A
Address
96 East Broadway, Eugene, OR, USA, 97401
Summit Bank Group Inc provides commercial banking, financing, real estate lending and other services in Lane, Deschutes and Multnomah Counties in Oregon. It also specializes in providing high-level service to professionals and medium-sized businesses and their owners.

Summit Bank Group Headlines