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Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Pretax Margin % : 27.58% (As of Mar. 2024)


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What is Farmers and Merchants Bancshares (MD) Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Farmers and Merchants Bancshares (MD)'s Pre-Tax Income for the three months ended in Mar. 2024 was $1.57 Mil. Farmers and Merchants Bancshares (MD)'s Revenue for the three months ended in Mar. 2024 was $5.68 Mil. Therefore, Farmers and Merchants Bancshares (MD)'s pretax margin for the quarter that ended in Mar. 2024 was 27.58%.

The historical rank and industry rank for Farmers and Merchants Bancshares (MD)'s Pretax Margin % or its related term are showing as below:

FMFG' s Pretax Margin % Range Over the Past 10 Years
Min: 22.57   Med: 33.3   Max: 43.19
Current: 33.3


FMFG's Pretax Margin % is ranked better than
51.24% of 1456 companies
in the Banks industry
Industry Median: 32.88 vs FMFG: 33.30

Farmers and Merchants Bancshares (MD) Pretax Margin % Historical Data

The historical data trend for Farmers and Merchants Bancshares (MD)'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.

Farmers and Merchants Bancshares (MD) Pretax Margin % Chart

Farmers and Merchants Bancshares (MD) Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 32.18 34.42 43.19 40.80 37.11

Farmers and Merchants Bancshares (MD) Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 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 42.26 39.00 34.09 32.50 27.58

Competitive Comparison of Farmers and Merchants Bancshares (MD)'s Pretax Margin %

For the Banks - Regional subindustry, Farmers and Merchants Bancshares (MD)'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.


Farmers and Merchants Bancshares (MD)'s Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers and Merchants Bancshares (MD)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Farmers and Merchants Bancshares (MD)'s Pretax Margin % falls into.



Farmers and Merchants Bancshares (MD) 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.

Farmers and Merchants Bancshares (MD)'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 )
=8.436/22.734
=37.11 %

Farmers and Merchants Bancshares (MD)'s Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.566/5.679
=27.58 %

* 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.


Farmers and Merchants Bancshares (MD)  (OTCPK:FMFG) 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.


Farmers and Merchants Bancshares (MD) Pretax Margin % Related Terms

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Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Business Description

Traded in Other Exchanges
N/A
Address
15226 Hanover Pike, Upperco, MD, USA, 21155
Farmers and Merchants Bancshares Inc (MD) is an independent community bank, offering a broad range of financial services. The Bank operates five banking offices located in Northern Baltimore County and Carroll County, Maryland. It provides services of checking accounts, saving accounts, re-order checks and among others.

Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Headlines