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Sturgis Bancorp (Sturgis Bancorp) Pretax Margin % : -26.41% (As of Mar. 2024)


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What is Sturgis Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sturgis Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was $-2.57 Mil. Sturgis Bancorp's Revenue for the three months ended in Mar. 2024 was $9.74 Mil. Therefore, Sturgis Bancorp's pretax margin for the quarter that ended in Mar. 2024 was -26.41%.

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

STBI' s Pretax Margin % Range Over the Past 10 Years
Min: 7.17   Med: 22.67   Max: 27.99
Current: 7.17


STBI's Pretax Margin % is ranked worse than
77.72% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs STBI: 7.17

Sturgis Bancorp Pretax Margin % Historical Data

The historical data trend for Sturgis 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.

Sturgis Bancorp Pretax Margin % Chart

Sturgis Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.99 27.14 26.68 25.87 19.47

Sturgis Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 21.20 23.86 36.06 -6.85 -26.41

Competitive Comparison of Sturgis Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Sturgis 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.


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

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

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



Sturgis 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.

Sturgis 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 )
=7.157/36.759
=19.47 %

Sturgis 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 )
=-2.573/9.742
=-26.41 %

* 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.


Sturgis Bancorp  (OTCPK:STBI) 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.


Sturgis Bancorp Pretax Margin % Related Terms

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Sturgis Bancorp (Sturgis Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
113-125 East Chicago Road, Sturgis, MI, USA, 49091
Sturgis Bancorp Inc operates as a bank holding company. Its primary services include accepting deposits, making commercial and mortgage loans, engaging in mortgage banking activities, and providing investment brokerage advisory services. The majority of the revenues come from interest income and other sources, including loans, leases, securities, and derivatives.
Executives
Eric L Eishen director, officer: President/CEO 284 KRUSZKA, BRONSON MI 49091
David E Watters officer: Vice President/Trust Officer P O BOX 304, STURGIS MI 49091
Philip G Ward director 1000 S LAKEVIEW, STURGIS MI 49091
Gary E Metz officer: Vice President P O BOX 344, CENTREVILLE MI 49032
Dresser Raymond H Jr director 112 SOUTH MONROE STREET, STURGIS MI 49091
Leonard L Eishen director 66002 KNOLLWOOD DRIVE, STURGIS MI 49091
Janet M Stahl officer: Vice President 29601 WITT LAKE ROAD, STURGIS, STURGIS MI 49091

Sturgis Bancorp (Sturgis Bancorp) Headlines

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