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Bank Asia (DHA:BANKASIA) Pretax Margin % : 32.09% (As of Mar. 2024)


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What is Bank Asia Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank Asia's Pre-Tax Income for the three months ended in Mar. 2024 was BDT1,998 Mil. Bank Asia's Revenue for the three months ended in Mar. 2024 was BDT6,228 Mil. Therefore, Bank Asia's pretax margin for the quarter that ended in Mar. 2024 was 32.09%.

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

DHA:BANKASIA' s Pretax Margin % Range Over the Past 10 Years
Min: 20.99   Med: 31.87   Max: 41.4
Current: 20.99


DHA:BANKASIA's Pretax Margin % is ranked worse than
76.26% of 1453 companies
in the Banks industry
Industry Median: 33.01 vs DHA:BANKASIA: 20.99

Bank Asia Pretax Margin % Historical Data

The historical data trend for Bank Asia'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.

Bank Asia Pretax Margin % Chart

Bank Asia 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 24.52 30.47 26.28 32.07 22.65

Bank Asia 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 43.04 46.69 15.76 -13.50 32.09

Competitive Comparison of Bank Asia's Pretax Margin %

For the Banks - Regional subindustry, Bank Asia'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.


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

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

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



Bank Asia 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.

Bank Asia'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 )
=4829.96/21320.31
=22.65 %

Bank Asia'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 )
=1998.457/6227.707
=32.09 %

* 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.


Bank Asia  (DHA:BANKASIA) 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.


Bank Asia Pretax Margin % Related Terms

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Bank Asia (DHA:BANKASIA) Business Description

Traded in Other Exchanges
N/A
Address
32 & 34 Kazi Nazrul Islam Avenue, Bank Asia Tower, Karwan Bazar, Dhaka, BGD, 1215
Bank Asia Ltd is a Bangladesh-based Bank. The bank provides various banking products and services such as mobile banking, ATM services, credit card facilities, internet banking, foreign currency account, and other services. Its principal activities are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, SME centers, and alternative delivery channels. The segments of the company within Bangladesh are Conventional Banking, Islamic Banking, and Off-shore Banking unit, of which key revenue is derived from the Conventional Banking unit. It has a business presence in Bangladesh and other countries.

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