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Bar Harbor Bankshares (Bar Harbor Bankshares) Pretax Margin % : 33.44% (As of Dec. 2023)


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What is Bar Harbor Bankshares Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bar Harbor Bankshares's Pre-Tax Income for the three months ended in Dec. 2023 was $12.6 Mil. Bar Harbor Bankshares's Revenue for the three months ended in Dec. 2023 was $37.6 Mil. Therefore, Bar Harbor Bankshares's pretax margin for the quarter that ended in Dec. 2023 was 33.44%.

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

BHB' s Pretax Margin % Range Over the Past 10 Years
Min: 22.57   Med: 36.07   Max: 40.14
Current: 35.45


BHB's Pretax Margin % is ranked better than
55.04% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs BHB: 35.45

Bar Harbor Bankshares Pretax Margin % Historical Data

The historical data trend for Bar Harbor 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.

Bar Harbor Bankshares Pretax Margin % Chart

Bar Harbor 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 22.57 29.30 35.28 36.81 37.21

Bar Harbor Bankshares 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 41.38 36.08 37.66 33.44 34.56

Competitive Comparison of Bar Harbor Bankshares's Pretax Margin %

For the Banks - Regional subindustry, Bar Harbor 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.


Bar Harbor Bankshares's Pretax Margin % Distribution in the Banks Industry

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

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



Bar Harbor 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.

Bar Harbor 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 )
=57.117/153.504
=37.21 %

Bar Harbor Bankshares's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=12.589/37.643
=33.44 %

* 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.


Bar Harbor Bankshares  (AMEX:BHB) 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.


Bar Harbor Bankshares Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Bar Harbor Bankshares's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bar Harbor Bankshares (Bar Harbor Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
82 Main Street, P.O. Box 400, Bar Harbor, ME, USA, 04609-0400
Bar Harbor Bankshares Inc is a bank holding company along with its subsidiaries that offers a full range of financial services products, brokerage services through third-party brokerage arrangements and also trust and investment management services to individuals, businesses, non-profit organizations, and municipalities. Its products and services consist of checking, deposits, cards, mobile banking, online services, loans, merchant services, trust, and fiduciary services, investment planning, education funding, individual retirement planning, insurance, and risk management services.
Executives
Brian D Shaw director 11 CLEFTSTONE ROAD, BAR HARBOR ME 04609
Debra Becton Miller director PO BOX 231, LONDONDERRY NH 03053
Brendan Ohalloran director 82 MAIN STREET, P.O. BOX 400, BAR HARBOR ME 04609
Daina H Hill director PO BOX 400, 82 MAIN STREET, BAR HARBOR ME 04609
Jason Paul Edgar officer: President of BHTS & CTC 27 MEDITATION LANE, ATKINSON NH 03811
Curtis C Simard director, officer: CEO - BHBT P O BOX 400, 82 MAIN STREET, BAR HARBOR ME 04609
David B Woodside director
Matthew L Caras director 82 MAIN STREET, PO BOX 400, BAR HARBOR ME 04609
Kenneth Eugene Smith director C/O BAR HARBOR BANKING & TRUST COMPANY, PO BOX 400, BAR HARBOR ME 04609
Scott G Toothaker director 302 SURRY RD, ELLSWORTH ME 04605
Stephen R Theroux director C/O NEW HAMPSHIRE THRIFT BANCHARES INC, 9 MAIN STREET, P.O. BOX 9, NEWPORT NH 03773
Stephen W Ensign director C/O NEW HAMPSHIRE THRIFT BANCHARES INC, 9 MAIN STREET, P.O. BOX 9, NEWPORT NH 03773
David M Colter director PO BOX 400, 82 MAIN STREET, BAR HARBOR ME 04608
Steven H. Dimick director C/O NEW HAMPSHIRE THRIFT BANCSHARES, INC, PO BOX 9, NEWPORT NH 03773
Lauri E Fernald director 1140 MAIN STREET, MOUNT DESERT ME 04660