Katahdin Bankshares (Katahdin Bankshares) Net Margin % : 21.61% (As of Mar. 2024)

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What is Katahdin Bankshares Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Katahdin Bankshares's Net Income for the three months ended in Mar. 2024 was $2.04 Mil. Katahdin Bankshares's Revenue for the three months ended in Mar. 2024 was $9.46 Mil. Therefore, Katahdin Bankshares's net margin for the quarter that ended in Mar. 2024 was 21.61%.

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

KTHN' s Net Margin % Range Over the Past 10 Years
Min: 14.57 Med: 24.27 Max: 26.62
Current: 24.26

KTHN's Net Margin % is ranked worse than
53.57% of 1458 companies
in the Banks industry
Industry Median: 25.06 vs KTHN: 24.26

Katahdin Bankshares Net Margin % Historical Data

The historical data trend for Katahdin Bankshares's Net 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.

Katahdin Bankshares Net Margin % Chart

Katahdin Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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25.08

26.62

26.48

26.44

25.29

Katahdin Bankshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															25.81	25.63	26.44	23.34	21.61

Competitive Comparison of Katahdin Bankshares's Net Margin %

For the Banks - Regional subindustry, Katahdin Bankshares's Net Margin %, along with its competitors' market caps and Net 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.

Katahdin Bankshares's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Katahdin Bankshares's Net Margin % falls into.

Katahdin Bankshares Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Katahdin Bankshares's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	9.907	/	39.172
	=	25.29 %

Katahdin Bankshares's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2.043	/	9.455
	=	21.61 %

Katahdin Bankshares (OTCPK:KTHN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Katahdin Bankshares Net Margin % Related Terms

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Katahdin Bankshares (Katahdin Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Katahdin Bankshares Corp (OTCPK:KTHN) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730

Website

https://www.katahdintrust.com

Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.