GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de Credito del Peru (LIM:CREDITC1) » Definitions » Pretax Margin %

Banco de Credito del Peru (LIM:CREDITC1) Pretax Margin % : 38.70% (As of Mar. 2024)


View and export this data going back to 1971. Start your Free Trial

What is Banco de Credito del Peru Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Banco de Credito del Peru's Pre-Tax Income for the three months ended in Mar. 2024 was S/.1,676 Mil. Banco de Credito del Peru's Revenue for the three months ended in Mar. 2024 was S/.4,331 Mil. Therefore, Banco de Credito del Peru's pretax margin for the quarter that ended in Mar. 2024 was 38.70%.

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

LIM:CREDITC1' s Pretax Margin % Range Over the Past 10 Years
Min: 8.71   Med: 37.75   Max: 42.7
Current: 36.24


LIM:CREDITC1's Pretax Margin % is ranked better than
57.73% of 1455 companies
in the Banks industry
Industry Median: 32.88 vs LIM:CREDITC1: 36.24

Banco de Credito del Peru Pretax Margin % Historical Data

The historical data trend for Banco de Credito del Peru'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 de Credito del Peru Pretax Margin % Chart

Banco de Credito del Peru 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 41.82 8.71 35.81 42.70 37.46

Banco de Credito del Peru 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 43.79 41.27 36.05 28.87 38.70

Competitive Comparison of Banco de Credito del Peru's Pretax Margin %

For the Banks - Regional subindustry, Banco de Credito del Peru'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 de Credito del Peru's Pretax Margin % Distribution in the Banks Industry

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

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



Banco de Credito del Peru 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 de Credito del Peru'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 )
=6193.821/16536.488
=37.46 %

Banco de Credito del Peru'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 )
=1676.296/4331.401
=38.70 %

* 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 de Credito del Peru  (LIM:CREDITC1) 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 de Credito del Peru Pretax Margin % Related Terms

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


Banco de Credito del Peru (LIM:CREDITC1) Business Description

Traded in Other Exchanges
N/A
Address
Calle Centenario No. 156, La Molina, Lima, PER, 12
Banco de Credito del Peru operates as a Bank. It offers services including, wholesale banking, retail banking, corporate banking, leasing, mortgage loans, and Middle-Market and Institutional Banking to its customers. The company operates geographically in Peru, Panama, and the United States of America. A majority of it revenues is generated from Peru followed by its other region.

Banco de Credito del Peru (LIM:CREDITC1) Headlines

No Headlines