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First Interstate BancSystem (FRA:4FB) Pretax Margin % : 31.67% (As of Mar. 2024)


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What is First Interstate BancSystem Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Interstate BancSystem's Pre-Tax Income for the three months ended in Mar. 2024 was €70.6 Mil. First Interstate BancSystem's Revenue for the three months ended in Mar. 2024 was €222.8 Mil. Therefore, First Interstate BancSystem's pretax margin for the quarter that ended in Mar. 2024 was 31.67%.

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

FRA:4FB' s Pretax Margin % Range Over the Past 10 Years
Min: 23.25   Med: 34.54   Max: 38.8
Current: 33.5


FRA:4FB's Pretax Margin % is ranked better than
52.02% of 1461 companies
in the Banks industry
Industry Median: 32.77 vs FRA:4FB: 33.50

First Interstate BancSystem Pretax Margin % Historical Data

The historical data trend for First Interstate BancSystem'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.

First Interstate BancSystem Pretax Margin % Chart

First Interstate BancSystem 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 36.87 32.02 38.80 23.25 32.83

First Interstate BancSystem 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 29.10 33.10 37.04 32.06 31.67

Competitive Comparison of First Interstate BancSystem's Pretax Margin %

For the Banks - Regional subindustry, First Interstate BancSystem'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.


First Interstate BancSystem's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where First Interstate BancSystem's Pretax Margin % falls into.



First Interstate BancSystem 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.

First Interstate BancSystem'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 )
=308.846/940.659
=32.83 %

First Interstate BancSystem'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 )
=70.564/222.824
=31.67 %

* 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.


First Interstate BancSystem  (FRA:4FB) 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.


First Interstate BancSystem Pretax Margin % Related Terms

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First Interstate BancSystem (FRA:4FB) Business Description

Traded in Other Exchanges
Address
401 North 31st Street, Billings, MT, USA, 59101
First Interstate BancSystem Inc is a financial holding company. It is the parent company of First Interstate Bank, a community bank offering a range of internet, mobile, and other banking and financial services throughout Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. It delivers a range of financial products and services to both retail and commercial customers in industries like agriculture, construction, education, energy, governmental services, healthcare, mining, professional services, retail, tourism, and wholesale trade. It generates a majority of income from interest charged on loans, and interest and dividends earned on investments.

First Interstate BancSystem (FRA:4FB) Headlines

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