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HFBK (Harford Bank) Pretax Margin % : 45.22% (As of Dec. 2024)


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What is Harford Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Harford Bank's Pre-Tax Income for the three months ended in Dec. 2024 was $2.98 Mil. Harford Bank's Revenue for the three months ended in Dec. 2024 was $6.60 Mil. Therefore, Harford Bank's pretax margin for the quarter that ended in Dec. 2024 was 45.22%.

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

HFBK' s Pretax Margin % Range Over the Past 10 Years
Min: 23.26   Med: 29.22   Max: 37.16
Current: 36.66


HFBK's Pretax Margin % is ranked better than
59.95% of 1553 companies
in the Banks industry
Industry Median: 32.64 vs HFBK: 36.66

Harford Bank Pretax Margin % Historical Data

The historical data trend for Harford Bank'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.

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Harford Bank Pretax Margin % Chart

Harford Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.61 37.14 32.52 37.16 36.66

Harford Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.20 36.22 28.68 35.78 45.22

Competitive Comparison of Harford Bank's Pretax Margin %

For the Banks - Regional subindustry, Harford Bank'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.


Harford Bank's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Harford Bank's Pretax Margin % falls into.


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Harford Bank 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.

Harford Bank's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=9.091/24.798
=36.66 %

Harford Bank's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=2.984/6.599
=45.22 %

* 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.


Harford Bank  (OTCPK:HFBK) 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.


Harford Bank Pretax Margin % Related Terms

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Harford Bank Business Description

Traded in Other Exchanges
N/A
Address
8 West Bel Air Avenue, Aberdeen, MD, USA, 21001
Harford Bank is a banking services company. The company provides a full range of banking services to customers located in Harford and Cecil Counties and surrounding areas of northeastern Maryland. The company conducts general commercial banking in its primary service areas, emphasizing the banking needs of individuals and small to medium-sized businesses and professional concerns. The primary source of income for the Bank is the net interest income it earns. The bank has only one operating segment, which is commercial banking.

Harford Bank Headlines