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Mercantil Servicios Financieros CA (CAR:MVZ.A) Pre-Tax Income : VES1,710 Mil (TTM As of Dec. 2023)


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What is Mercantil Servicios Financieros CA Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Mercantil Servicios Financieros CA's pretax income for the three months ended in Dec. 2023 was VES106 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was VES1,710 Mil. Mercantil Servicios Financieros CA's pretax margin was -22.52%.

During the past 13 years, Mercantil Servicios Financieros CA's highest Pretax Margin was 80.99%. The lowest was -1.33%. And the median was 52.02%.


Mercantil Servicios Financieros CA Pre-Tax Income Historical Data

The historical data trend for Mercantil Servicios Financieros CA's Pre-Tax Income 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.

Mercantil Servicios Financieros CA Pre-Tax Income Chart

Mercantil Servicios Financieros CA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,582.20 2,487.93 -22.86 2,088.98 1,538.40

Mercantil Servicios Financieros CA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income 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 1,644.49 724.52 180.12 699.61 106.12

Competitive Comparison of Mercantil Servicios Financieros CA's Pre-Tax Income

For the Banks - Regional subindustry, Mercantil Servicios Financieros CA's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Mercantil Servicios Financieros CA's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantil Servicios Financieros CA's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Mercantil Servicios Financieros CA's Pre-Tax Income falls into.



Mercantil Servicios Financieros CA Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Mercantil Servicios Financieros CA's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+1538.404
=1,538

Mercantil Servicios Financieros CA's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+106.121
=106

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was VES1,710 Mil.

* 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.


Mercantil Servicios Financieros CA  (CAR:MVZ.A) Pre-Tax Income Explanation

Mercantil Servicios Financieros CA's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=106.121/-471.16
=-22.52%

During the past 13 years, Mercantil Servicios Financieros CA's highest Pretax Margin was 80.99%. The lowest was -1.33%. And the median was 52.02%.

* 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.


Mercantil Servicios Financieros CA Pre-Tax Income Related Terms

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Mercantil Servicios Financieros CA (CAR:MVZ.A) Business Description

Traded in Other Exchanges
Address
Avenida Andres Bello, No. 1 Edificio Banco, Mercantil, Caracas, VEN
Mercantil Servicios Financieros CA is a Venezuela-based financial services provider. It offers, through its subsidiaries, a full range of financial products and services in the banking, insurance and wealth management businesses in the Americas and Europe. It provides financial and general banking services to corporate, middle market and retail customers. Third party asset management and securities brokerage services are provided in Venezuela and other jurisdictions, as well as insurance services in Venezuela and Panama. The company generates the majority of its revenue from Venezuela.

Mercantil Servicios Financieros CA (CAR:MVZ.A) Headlines

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