GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Nacional de Credito CA (CAR:BNC) » Definitions » Pretax Margin %

Banco Nacional de Credito CA (CAR:BNC) Pretax Margin % : 85.38% (As of Dec. 2022)


View and export this data going back to . Start your Free Trial

What is Banco Nacional de Credito CA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Banco Nacional de Credito CA's Pre-Tax Income for the six months ended in Dec. 2022 was VES323 Mil. Banco Nacional de Credito CA's Revenue for the six months ended in Dec. 2022 was VES378 Mil. Therefore, Banco Nacional de Credito CA's pretax margin for the quarter that ended in Dec. 2022 was 85.38%.

The historical rank and industry rank for Banco Nacional de Credito CA's Pretax Margin % or its related term are showing as below:

CAR:BNC' s Pretax Margin % Range Over the Past 10 Years
Min: 7.22   Med: 26.63   Max: 106.97
Current: 44.35


CAR:BNC's Pretax Margin % is ranked better than
73% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs CAR:BNC: 44.35

Banco Nacional de Credito CA Pretax Margin % Historical Data

The historical data trend for Banco Nacional de Credito CA'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.

Banco Nacional de Credito CA Pretax Margin % Chart

Banco Nacional de Credito CA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.44 42.92 7.22 44.35 21.51

Banco Nacional de Credito CA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 57.92 -152.15 27.78 85.38 -

Competitive Comparison of Banco Nacional de Credito CA's Pretax Margin %

For the Banks - Regional subindustry, Banco Nacional de Credito CA'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.


Banco Nacional de Credito CA's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Nacional de Credito CA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Banco Nacional de Credito CA's Pretax Margin % falls into.



Banco Nacional de Credito CA 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.

Banco Nacional de Credito CA'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 )
=437.835/2035.244
=21.51 %

Banco Nacional de Credito CA's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=322.898/378.172
=85.38 %

* 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.


Banco Nacional de Credito CA  (CAR:BNC) 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.


Banco Nacional de Credito CA Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Banco Nacional de Credito CA's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco Nacional de Credito CA (CAR:BNC) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Vollmer, Torre Sur del Centro Empresarial Caracas, Urbanizacion, San Bernardino, VEN, 1010
Banco Nacional de Credito CA operates as a commercial bank in Venezuela. The group's business objective is to provide financial intermediation which consists of the procurement of funds for the purpose of granting credits and it also invests in securities.

Banco Nacional de Credito CA (CAR:BNC) Headlines

No Headlines