GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Canada (OTCPK:NTIOF) » Definitions » Pretax Margin %

National Bank of Canada (National Bank of Canada) Pretax Margin % : 42.12% (As of Jan. 2024)


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

What is National Bank of Canada Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. National Bank of Canada's Pre-Tax Income for the three months ended in Jan. 2024 was $850 Mil. National Bank of Canada's Revenue for the three months ended in Jan. 2024 was $2,018 Mil. Therefore, National Bank of Canada's pretax margin for the quarter that ended in Jan. 2024 was 42.12%.

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

NTIOF' s Pretax Margin % Range Over the Past 10 Years
Min: 24.6   Med: 38.17   Max: 45.17
Current: 39.06


NTIOF's Pretax Margin % is ranked better than
63.54% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs NTIOF: 39.06

National Bank of Canada Pretax Margin % Historical Data

The historical data trend for National Bank of Canada'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.

National Bank of Canada Pretax Margin % Chart

National Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.14 32.12 45.17 44.46 39.09

National Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 42.44 41.23 39.29 33.59 42.12

Competitive Comparison of National Bank of Canada's Pretax Margin %

For the Banks - Diversified subindustry, National Bank of Canada'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.


National Bank of Canada's Pretax Margin % Distribution in the Banks Industry

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

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



National Bank of Canada 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.

National Bank of Canada's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=2896.733/7410.298
=39.09 %

National Bank of Canada's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=850.034/2018.178
=42.12 %

* 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.


National Bank of Canada  (OTCPK:NTIOF) 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.


National Bank of Canada Pretax Margin % Related Terms

Thank you for viewing the detailed overview of National Bank of Canada's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


National Bank of Canada (National Bank of Canada) Business Description

Address
600 Rue De La Gauchetiere West, 4th Floor, Montreal, QC, CAN, H3B 4L2
National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

National Bank of Canada (National Bank of Canada) Headlines

From GuruFocus

National Bank of Canada's Dividend Analysis

By GuruFocus Research 12-20-2023

Canadian Banks: Safe Place to Park Cash

By Praveen Chawla 12-11-2021