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Southern Banc Co (Southern Banc Co) Pretax Margin % : 37.53% (As of Jun. 2023)


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What is Southern Banc Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Southern Banc Co's Pre-Tax Income for the six months ended in Jun. 2023 was $3.31 Mil. Southern Banc Co's Revenue for the six months ended in Jun. 2023 was $8.83 Mil. Therefore, Southern Banc Co's pretax margin for the quarter that ended in Jun. 2023 was 37.53%.

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

SRNN' s Pretax Margin % Range Over the Past 10 Years
Min: -64.91   Med: 6.24   Max: 37.53
Current: 37.53


SRNN's Pretax Margin % is ranked better than
60.65% of 1469 companies
in the Banks industry
Industry Median: 32.88 vs SRNN: 37.53

Southern Banc Co Pretax Margin % Historical Data

The historical data trend for Southern Banc Co'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.

Southern Banc Co Pretax Margin % Chart

Southern Banc Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.39 9.22 13.57 33.20 37.53

Southern Banc Co Semi-Annual Data
Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 13.39 9.22 13.57 33.20 37.53

Competitive Comparison of Southern Banc Co's Pretax Margin %

For the Banks - Regional subindustry, Southern Banc Co'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.


Southern Banc Co's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Southern Banc Co's Pretax Margin % falls into.



Southern Banc Co 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.

Southern Banc Co's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=3.313/8.828
=37.53 %

Southern Banc Co's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=3.313/8.828
=37.53 %

* 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.


Southern Banc Co  (OTCPK:SRNN) 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.


Southern Banc Co Pretax Margin % Related Terms

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Southern Banc Co (Southern Banc Co) Business Description

Traded in Other Exchanges
N/A
Address
221 South 6th Street, Gadsden, AL, USA, 35901
Southern Banc Co Inc provides personal and business banking solutions. It offers banking solutions for every personal banking need including Personal Checking, Mortgage Loans, Consumer Loans, and Home Equity Lines of Credit. The principal business of the Bank consists of accepting deposits from the general public through the Bank's main and branch offices and investing those funds in loans secured by real estate properties, commercial and consumer loans located in the Bank's primary market area, and factoring. The company serves small and medium-sized business customers the United States.
Executives
Fred Taylor director
Little James B Iii director
Craig G Cantrell director
Dowling Thomas F Iii director
Little James B Jr director, officer: Vice President
Gates Little director, officer: President