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Attijariwafa Bank (CAS:ATW) Pretax Margin % : 50.51% (As of Mar. 2024)


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What is Attijariwafa Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Attijariwafa Bank's Pre-Tax Income for the three months ended in Mar. 2024 was MAD4,504 Mil. Attijariwafa Bank's Revenue for the three months ended in Mar. 2024 was MAD8,918 Mil. Therefore, Attijariwafa Bank's pretax margin for the quarter that ended in Mar. 2024 was 50.51%.

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

CAS:ATW' s Pretax Margin % Range Over the Past 10 Years
Min: 24.78   Med: 41.74   Max: 45.86
Current: 45.86


CAS:ATW's Pretax Margin % is ranked better than
75.48% of 1456 companies
in the Banks industry
Industry Median: 32.88 vs CAS:ATW: 45.86

Attijariwafa Bank Pretax Margin % Historical Data

The historical data trend for Attijariwafa Bank'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.

Attijariwafa Bank Pretax Margin % Chart

Attijariwafa Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.72 24.78 37.40 42.52 44.75

Attijariwafa Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 47.24 42.10 44.38 45.50 50.51

Competitive Comparison of Attijariwafa Bank's Pretax Margin %

For the Banks - Regional subindustry, Attijariwafa Bank'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.


Attijariwafa Bank's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Attijariwafa Bank's Pretax Margin % falls into.



Attijariwafa Bank 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.

Attijariwafa Bank'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 )
=13781.536/30795.539
=44.75 %

Attijariwafa Bank'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 )
=4504.017/8917.83
=50.51 %

* 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.


Attijariwafa Bank  (CAS:ATW) 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.


Attijariwafa Bank Pretax Margin % Related Terms

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Attijariwafa Bank (CAS:ATW) Business Description

Traded in Other Exchanges
N/A
Address
2, Boulevard Moulay Youssef, PO Box No. 20000, Casablanca, MAR
Attijariwafa Bank SA is a financial and banking group. It is engaged in the provision of banking and insurance products and services. The company's banking activities include personal and professional banking, corporate banking, investment banking and international banking.

Attijariwafa Bank (CAS:ATW) Headlines

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