The historical rank and industry rank for Sandy Spring Bancorp's Pretax Margin % or its related term are showing as below:
SASR'
s Pretax Margin % Range Over the Past 10 Years
Min: 26.85 Med: 39.56 Max: 59.49
Current: 29.01
SASR's Pretax Margin % is ranked worse than 56.36% of 1533
companies
in the Banks industry
Industry Median: 31.73
vs SASR: 29.01
Sandy Spring Bancorp Pretax Margin % Historical Data
The historical data trend for Sandy Spring 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.
Competitive Comparison of Sandy Spring Bancorp's Pretax Margin %
For the Banks - Regional subindustry, Sandy Spring 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.
Sandy Spring Bancorp's Pretax Margin % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Sandy Spring Bancorp's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Sandy Spring Bancorp's Pretax Margin % falls into.
Sandy Spring 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.
Sandy Spring Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Sandy Spring Bancorp (NAS:SASR) 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.
Sandy Spring Bancorp Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Sandy Spring Bancorp's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sandy Spring Bancorp Inc is a community-oriented banking organization that conducts a full-service commercial banking business in Central Maryland, Northern Virginia, and Washington D.C. It conducts business in two operating segments. The Community Banking segment, which is the key revenue driver, involves delivering a broad range of financial products and services, including loan and deposit products to individuals and businesses and The Investment Management segment provides financial planning including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis, and estate planning.
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