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United Tennessee Bankshares (United Tennessee Bankshares) Pretax Margin % : 21.52% (As of Mar. 2024)


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What is United Tennessee Bankshares Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. United Tennessee Bankshares's Pre-Tax Income for the three months ended in Mar. 2024 was $0.35 Mil. United Tennessee Bankshares's Revenue for the three months ended in Mar. 2024 was $1.60 Mil. Therefore, United Tennessee Bankshares's pretax margin for the quarter that ended in Mar. 2024 was 21.52%.

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

UNTN' s Pretax Margin % Range Over the Past 10 Years
Min: 23.91   Med: 33.41   Max: 38.98
Current: 25.95


UNTN's Pretax Margin % is ranked worse than
66.55% of 1459 companies
in the Banks industry
Industry Median: 32.78 vs UNTN: 25.95

United Tennessee Bankshares Pretax Margin % Historical Data

The historical data trend for United Tennessee Bankshares'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.

United Tennessee Bankshares Pretax Margin % Chart

United Tennessee Bankshares 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 30.01 23.91 30.10 36.84 32.81

United Tennessee Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 43.77 39.48 28.87 27.29 21.52

Competitive Comparison of United Tennessee Bankshares's Pretax Margin %

For the Banks - Regional subindustry, United Tennessee Bankshares'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.


United Tennessee Bankshares's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where United Tennessee Bankshares's Pretax Margin % falls into.



United Tennessee Bankshares 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.

United Tennessee Bankshares'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 )
=2.321/7.073
=32.81 %

United Tennessee Bankshares'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 )
=0.345/1.603
=21.52 %

* 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.


United Tennessee Bankshares  (OTCPK:UNTN) 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.


United Tennessee Bankshares Pretax Margin % Related Terms

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United Tennessee Bankshares (United Tennessee Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
170 W. Broadway, Newport, TN, USA, 37821-2325
United Tennessee Bankshares Inc is the holding company. It provides financial services to individuals and corporate customers. The bank's principal business consists of accepting deposits from the public through its main office and branch offices then investing those funds in loans secured by one to four family residential properties located in its primary market area. United Tennessee offers residential real estate loans, construction and land loans, commercial real estate loans, commercial and industrial loans, and consumer loans.
Executives
Nancy Bryant officer: V. Pres. & Treasurer 344 W BROADWAY, NEWPORT TN 37821
Hooper Ben W Iii director 344 W BROADWAY, NEWPORT TN 37821
Robert L Overholt director 344 W BROADWAY, NEWPORT TN 37821
Tommy C Bible director 344 W BROADWAY, NEWPORT TN 37821
Chris Triplett officer: Comptroller 344 W BROADWAY, NEWPORT TN 37821
William B Henry director 344 W BROADWAY, NEWPORT TN 37821
Robert D Self director 344 W BROADWAY, NEWPORT TN 37821
J William Myers director 344 W BROADWAY, NEWPORT TN 37821
Richard G Harwood director, officer: President 344 W BROADWAY, NEWPORT TN 37821
Peggy B Holston officer: Branch Mgr. & Secretary 344 W BROADWAY, NEWPORT TN 37821
Lonnie R Jones officer: Vice President 344 W BROADWAY, NEWPORT TN 37821

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