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Redwood Capital Bancorp (Redwood Capital Bancorp) Pretax Margin % : 41.51% (As of Dec. 2023)


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What is Redwood Capital Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Redwood Capital Bancorp's Pre-Tax Income for the six months ended in Dec. 2023 was $9.75 Mil. Redwood Capital Bancorp's Revenue for the six months ended in Dec. 2023 was $23.48 Mil. Therefore, Redwood Capital Bancorp's pretax margin for the quarter that ended in Dec. 2023 was 41.51%.

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

RWCB' s Pretax Margin % Range Over the Past 10 Years
Min: -345.48   Med: 34.51   Max: 41.51
Current: 41.51


RWCB's Pretax Margin % is ranked better than
68.38% of 1461 companies
in the Banks industry
Industry Median: 32.77 vs RWCB: 41.51

Redwood Capital Bancorp Pretax Margin % Historical Data

The historical data trend for Redwood Capital Bancorp'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.

Redwood Capital Bancorp Pretax Margin % Chart

Redwood Capital Bancorp Annual Data
Trend Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 14.29 34.51 39.45 39.79 41.51

Redwood Capital Bancorp Semi-Annual Data
Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23
Pretax Margin % Get a 7-Day Free Trial 14.29 34.51 39.45 39.79 41.51

Competitive Comparison of Redwood Capital Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Redwood Capital Bancorp'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.


Redwood Capital Bancorp's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Redwood Capital Bancorp's Pretax Margin % falls into.



Redwood Capital Bancorp 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.

Redwood Capital Bancorp'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 )
=9.746/23.479
=41.51 %

Redwood Capital Bancorp's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=9.746/23.479
=41.51 %

* 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.


Redwood Capital Bancorp  (OTCPK:RWCB) 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.


Redwood Capital Bancorp Pretax Margin % Related Terms

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Redwood Capital Bancorp (Redwood Capital Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
402 G Street, Eureka, CA, USA, 95501
Redwood Capital Bancorp provides various banking products and services. The company offers personal such as savings and certificates, real estate loans, and home equity loans; business services such as commercial lending, and money market accounts; online banking info, fraud prevention and other services.