The historical rank and industry rank for BayFirst Financial's Pretax Margin % or its related term are showing as below:
BAFN'
s Pretax Margin % Range Over the Past 10 Years
Min: -3.82 Med: 12.59 Max: 39.16
Current: 9.71
BAFN's Pretax Margin % is ranked worse than 88.73% of 1455
companies
in the Banks industry
Industry Median: 32.88
vs BAFN: 9.71
BayFirst Financial Pretax Margin % Historical Data
The historical data trend for BayFirst Financial'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.
Competitive Comparison of BayFirst Financial's Pretax Margin %
For the Banks - Regional subindustry, BayFirst Financial'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.
BayFirst Financial's Pretax Margin % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, BayFirst Financial's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where BayFirst Financial's Pretax Margin % falls into.
BayFirst Financial 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.
BayFirst Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
BayFirst Financial Pretax Margin % Related Terms
Thank you for viewing the detailed overview of BayFirst Financial's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BayFirst Financial (BayFirst Financial) Business Description
BayFirst Financial Corp is a one-bank holding company, it generates its revenue from interest on loans and the gain-on-sale income derived from the sale of loans into the secondary market. The company serves a broad spectrum of individuals, families, and small businesses, supported by national business lines in residential and SBA lending and technology platforms. The primary source of funding for its loans is deposits. BayFirst measures performance through net interest income after provision for loan losses, return on average assets, and return on average common equity, while maintaining appropriate regulatory leverage and risk-based capital ratios.
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