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Rhinebeck Bancorp (Rhinebeck Bancorp) Net Margin % : 10.76% (As of Mar. 2024)


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What is Rhinebeck Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rhinebeck Bancorp's Net Income for the three months ended in Mar. 2024 was $1.12 Mil. Rhinebeck Bancorp's Revenue for the three months ended in Mar. 2024 was $10.42 Mil. Therefore, Rhinebeck Bancorp's net margin for the quarter that ended in Mar. 2024 was 10.76%.

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

RBKB' s Net Margin % Range Over the Past 10 Years
Min: 9.23   Med: 13.04   Max: 24.69
Current: 11


RBKB's Net Margin % is ranked worse than
83.16% of 1461 companies
in the Banks industry
Industry Median: 25.13 vs RBKB: 11.00

Rhinebeck Bancorp Net Margin % Historical Data

The historical data trend for Rhinebeck Bancorp'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.

Rhinebeck Bancorp Net Margin % Chart

Rhinebeck Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 15.74 13.25 24.69 14.65 10.06

Rhinebeck Bancorp 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 7.11 13.45 10.93 8.83 10.76

Competitive Comparison of Rhinebeck Bancorp's Net Margin %

For the Banks - Regional subindustry, Rhinebeck Bancorp'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.


Rhinebeck Bancorp's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Rhinebeck Bancorp's Net Margin % falls into.



Rhinebeck Bancorp 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.

Rhinebeck Bancorp'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 )
=4.395/43.699
=10.06 %

Rhinebeck Bancorp'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 )
=1.121/10.42
=10.76 %

* 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.


Rhinebeck Bancorp  (NAS:RBKB) 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.


Rhinebeck Bancorp Net Margin % Related Terms

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Rhinebeck Bancorp (Rhinebeck Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2 Jefferson Plaza, Poughkeepsie, NY, USA, 12601
Rhinebeck Bancorp Inc is the holding company for Rhinebeck Bank which provides a full range of banking and financial services to consumer and commercial customers. Financial services, including investment advisory and financial product sales, are offered through a division of the Bank doing business as Rhinebeck Asset Management (RAM). The Bank's primary business activity is accepting deposits from the general public and using those funds to originate indirect automobile loans (automobile loans referred by automobile dealerships), commercial real estate loans (which include multi-family real estate loans and commercial construction loans), commercial business loans and one- to four-family residential real estate loans, and to purchase investment securities.
Executives
Jamie J. Bloom officer: Chief Operating Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Louis Jr. Tumolo director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Mark D. Malone officer: Chief Retail Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Michael J. Quinn director, officer: President & CEO 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Karen E. Morgan-d'amelio officer: CRO, Gen. Cnsl and Corp Sec. 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Philip J Bronzi officer: Chief Lending Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Michael J. Mcdermott officer: Chief Financial Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Mccardle James T. Iii officer: Chief Credit Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Francis X. Dwyer officer: President of Subsidiary 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Timmian Massie officer: Chief Mktg/Pub Aff Ofc 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Steven E Howell director 12 MAIN STREET, WALDEN NY 12586
William C. Irwin director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Christopher W. Chestney director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Freddimir Garcia director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Shannon Martin Lafrance director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601