Allegiance Bancshares Inc Profit margin
What is the Profit margin of Allegiance Bancshares Inc?
The Profit margin of Allegiance Bancshares Inc is 28.89%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Finance sector on NASDAQ compared to Allegiance Bancshares Inc
What does Allegiance Bancshares Inc do?
Allegiance is a Houston, Texas based bank holding company. Through its wholly owned subsidiary, Allegiance Bank, Allegiance provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers within the Houston region. Allegiance operates 28 full-service banking locations, with 27 bank offices in the Houston metropolitan area and one bank office in Beaumont, just outside of the Houston metropolitan area.
Companies with profit margin similar to Allegiance Bancshares Inc
- CrossFirst Bankshares has Profit margin of 28.86%
- ITC has Profit margin of 28.86%
- ITC has Profit margin of 28.86%
- Advanced Enzyme Technologies has Profit margin of 28.87%
- Southern Missouri has Profit margin of 28.87%
- BCB Bancorp Inc (NJ) has Profit margin of 28.89%
- Allegiance Bancshares Inc has Profit margin of 28.89%
- Republic (KY) has Profit margin of 28.91%
- Fst Rep.Bk S.Fr.New Dl 01 has Profit margin of 28.92%
- Beijing Kingsoft Office Software has Profit margin of 28.92%
- OFG Bancorp has Profit margin of 28.93%
- Swedish Match has Profit margin of 28.94%
- Swedish Match AB has Profit margin of 28.94%