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ECBK (ECB Bancorp) Pretax Margin % : 23.32% (As of Sep. 2024)


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What is ECB Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ECB Bancorp's Pre-Tax Income for the three months ended in Sep. 2024 was $1.54 Mil. ECB Bancorp's Revenue for the three months ended in Sep. 2024 was $6.60 Mil. Therefore, ECB Bancorp's pretax margin for the quarter that ended in Sep. 2024 was 23.32%.

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

ECBK' s Pretax Margin % Range Over the Past 10 Years
Min: 13.96   Med: 25.32   Max: 38.13
Current: 17.73


ECBK's Pretax Margin % is ranked worse than
78.67% of 1533 companies
in the Banks industry
Industry Median: 31.73 vs ECBK: 17.73

ECB Bancorp Pretax Margin % Historical Data

The historical data trend for ECB Bancorp's Pretax 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.

ECB Bancorp Pretax Margin % Chart

ECB Bancorp Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
38.13 27.47 13.96 23.16

ECB Bancorp Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax 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 27.79 17.02 13.40 16.87 23.32

Competitive Comparison of ECB Bancorp's Pretax Margin %

For the Banks - Regional subindustry, ECB Bancorp's Pretax Margin %, along with its competitors' market caps and Pretax 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.


ECB Bancorp's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where ECB Bancorp's Pretax Margin % falls into.



ECB Bancorp Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

ECB Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=5.985/25.842
=23.16 %

ECB Bancorp's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=1.538/6.595
=23.32 %

* 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.


ECB Bancorp  (NAS:ECBK) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


ECB Bancorp Pretax Margin % Related Terms

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ECB Bancorp Business Description

Traded in Other Exchanges
N/A
Address
419 Broadway, Everett, MA, USA, 02149
ECB Bancorp Inc operates as a bank holding company of Everett Co-operative Bank. The firm through its subsidiary engages in business consisting of taking deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential real estate loans, commercial real estate, and multifamily real estate loans, construction and land loans and home equity lines of credit.
Executives
Brandon Lavertu officer: CAO 419 BROADWAY, EVERETT MA 01249
John A Citrano officer: EVP, COO and CFO 2 LEONARD STREET, BELMONT MA 02478
Paul A Delroy director 419 BROADWAY, EVERETT MA 01249
O'neil Richard J Jr director, officer: President and CEO 419 BROADWAY, EVERETT MA 01249
John Migliozzi officer: EVP and CLO 67 PROSPECT STREET, PEABODY MA 01960
Marjorie A White director 419 BROADWAY, EVERETT MA 01249
Dennis J Leonard director, other: Chairman of the Board 419 BROADWAY, EVERETT MA 01249
Susan Sgroi director 419 BROADWAY, EVERETT MA 01249
Joseph Sachetta director 419 BROADWAY, EVERETT MA 01249
Elizabeth P Jones director 419 BROADWAY, EVERETT MA 01249

ECB Bancorp Headlines

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