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SSB Bancorp (SSB Bancorp) Pretax Margin % : 23.11% (As of Mar. 2024)


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What is SSB Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SSB Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was $0.66 Mil. SSB Bancorp's Revenue for the three months ended in Mar. 2024 was $2.86 Mil. Therefore, SSB Bancorp's pretax margin for the quarter that ended in Mar. 2024 was 23.11%.

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

SSBP' s Pretax Margin % Range Over the Past 10 Years
Min: 9.7   Med: 22.37   Max: 26.45
Current: 24.1


SSBP's Pretax Margin % is ranked worse than
70.5% of 1461 companies
in the Banks industry
Industry Median: 32.76 vs SSBP: 24.10

SSB Bancorp Pretax Margin % Historical Data

The historical data trend for SSB 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.

SSB Bancorp Pretax Margin % Chart

SSB Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 26.45 9.70 10.46 20.49 24.49

SSB Bancorp Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.59 26.87 27.96 18.92 23.11

Competitive Comparison of SSB Bancorp's Pretax Margin %

For the Banks - Regional subindustry, SSB 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.


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

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

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



SSB 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.

SSB 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 )
=2.47/10.086
=24.49 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.661/2.86
=23.11 %

* 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.


SSB Bancorp  (OTCPK:SSBP) 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.


SSB Bancorp Pretax Margin % Related Terms

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SSB Bancorp (SSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
8700 Perry Highway, Pittsburgh, PA, USA, 15237
SSB Bancorp Inc is engaged in the provision of financial services to individuals and corporate customers. The bank offers deposits, loans, consumer financing, certificate of deposits, mortgage loans, card services, internet banking, insurance, and other related services.
Executives
Moon Joseph Daniel Iv director, officer: President, CEO & CFO 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Gretchen Givens Generett director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Kenneth J. Broadbent director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Benjamin Contrucci officer: Vice President of Subsidiary 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Peter F. Stires officer: VP of Comm Lending 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Docchio David H. Jr. director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Mark C. Joseph director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bernie M. Simons director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bancorp, Mhc Ssb 10 percent owner 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Jennifer R. Harris officer: Chief Lending Officer of Sub 8700 PERRY HIGHWAY, PITTSBURGH PA 15237