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Avangard Bank JSC (MIC:AVAN) Pretax Margin % : 21.46% (As of Dec. 2020)


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What is Avangard Bank JSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Avangard Bank JSC's Pre-Tax Income for the three months ended in Dec. 2020 was ₽770 Mil. Avangard Bank JSC's Revenue for the three months ended in Dec. 2020 was ₽3,589 Mil. Therefore, Avangard Bank JSC's pretax margin for the quarter that ended in Dec. 2020 was 21.46%.

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


MIC:AVAN's Pretax Margin % is not ranked *
in the Banks industry.
Industry Median: 32.88
* Ranked among companies with meaningful Pretax Margin % only.

Avangard Bank JSC Pretax Margin % Historical Data

The historical data trend for Avangard Bank JSC'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.

Avangard Bank JSC Pretax Margin % Chart

Avangard Bank JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.91 51.17 38.28 43.20 27.15

Avangard Bank JSC Quarterly Data
Jun15 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 59.29 44.82 53.45 11.31 21.46

Competitive Comparison of Avangard Bank JSC's Pretax Margin %

For the Banks - Regional subindustry, Avangard Bank JSC'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.


Avangard Bank JSC's Pretax Margin % Distribution in the Banks Industry

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

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



Avangard Bank JSC 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.

Avangard Bank JSC's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=3491.96/12862.532
=27.15 %

Avangard Bank JSC's Pretax Margin for the quarter that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2020 )/Revenue (Q: Dec. 2020 )
=770.324/3589.366
=21.46 %

* 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.


Avangard Bank JSC  (MIC:AVAN) 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.


Avangard Bank JSC Pretax Margin % Related Terms

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Avangard Bank JSC (MIC:AVAN) Business Description

Traded in Other Exchanges
N/A
Address
12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.