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Lumbee Guaranty Bank (Lumbee Guaranty Bank) Net Margin % : 28.39% (As of Mar. 2024)


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What is Lumbee Guaranty Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lumbee Guaranty Bank's Net Income for the three months ended in Mar. 2024 was $1.20 Mil. Lumbee Guaranty Bank's Revenue for the three months ended in Mar. 2024 was $4.23 Mil. Therefore, Lumbee Guaranty Bank's net margin for the quarter that ended in Mar. 2024 was 28.39%.

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

LUMB' s Net Margin % Range Over the Past 10 Years
Min: 13.23   Med: 21.29   Max: 30.2
Current: 29.06


LUMB's Net Margin % is ranked better than
62.14% of 1458 companies
in the Banks industry
Industry Median: 25.075 vs LUMB: 29.06

Lumbee Guaranty Bank Net Margin % Historical Data

The historical data trend for Lumbee Guaranty Bank'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.

Lumbee Guaranty Bank Net Margin % Chart

Lumbee Guaranty Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 20.19 17.45 25.36 29.24 30.20

Lumbee Guaranty Bank 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 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 33.29 29.23 32.41 26.90 28.39

Competitive Comparison of Lumbee Guaranty Bank's Net Margin %

For the Banks - Regional subindustry, Lumbee Guaranty Bank'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.


Lumbee Guaranty Bank's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Lumbee Guaranty Bank's Net Margin % falls into.



Lumbee Guaranty Bank 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.

Lumbee Guaranty Bank'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 )
=5.957/19.724
=30.20 %

Lumbee Guaranty Bank'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 )
=1.201/4.231
=28.39 %

* 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.


Lumbee Guaranty Bank  (OTCPK:LUMB) 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.


Lumbee Guaranty Bank Net Margin % Related Terms

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Lumbee Guaranty Bank (Lumbee Guaranty Bank) Business Description

Traded in Other Exchanges
N/A
Address
403 East Third Street, PO Box 908, Pembroke, NC, USA, 28372
Lumbee Guaranty Bank is a state-chartered bank. The bank extends both commercial and consumer loans throughout its market area and offers a wide range of saving, spending, and borrowing products and services. The bank operates through approximately fourteen full-service offices in Robeson, Cumberland, and Hoke Counties.

Lumbee Guaranty Bank (Lumbee Guaranty Bank) Headlines

From GuruFocus

OTC Markets Group Welcomes Lumbee Guaranty Bank to OTCQX

By PRNewswire PRNewswire 12-04-2019