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BankNordik P/F (OCSE:BNORDIK CSE) Pretax Margin % : 48.56% (As of Mar. 2024)


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What is BankNordik P/F Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BankNordik P/F's Pre-Tax Income for the three months ended in Mar. 2024 was kr70.1 Mil. BankNordik P/F's Revenue for the three months ended in Mar. 2024 was kr144.3 Mil. Therefore, BankNordik P/F's pretax margin for the quarter that ended in Mar. 2024 was 48.56%.

The historical rank and industry rank for BankNordik P/F's Pretax Margin % or its related term are showing as below:

OCSE:BNORDIK CSE' s Pretax Margin % Range Over the Past 10 Years
Min: -48.77   Med: 36.31   Max: 61.48
Current: 58.59


OCSE:BNORDIK CSE's Pretax Margin % is ranked better than
91.7% of 1457 companies
in the Banks industry
Industry Median: 32.88 vs OCSE:BNORDIK CSE: 58.59

BankNordik P/F Pretax Margin % Historical Data

The historical data trend for BankNordik P/F'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.

BankNordik P/F Pretax Margin % Chart

BankNordik P/F 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 39.98 27.71 46.90 53.67 61.48

BankNordik P/F 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 61.34 41.26 56.11 120.22 48.56

Competitive Comparison of BankNordik P/F's Pretax Margin %

For the Banks - Regional subindustry, BankNordik P/F'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.


BankNordik P/F's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BankNordik P/F's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where BankNordik P/F's Pretax Margin % falls into.



BankNordik P/F 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.

BankNordik P/F'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 )
=379.33/616.971
=61.48 %

BankNordik P/F'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 )
=70.08/144.31
=48.56 %

* 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.


BankNordik P/F  (OCSE:BNORDIK CSE) 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.


BankNordik P/F Pretax Margin % Related Terms

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BankNordik P/F (OCSE:BNORDIK CSE) Business Description

Traded in Other Exchanges
Address
Oknarvegur 5, P.O. Box 3048, Torshavn, FRO, FO-110
BankNordik P/F is a banking company. The bank provides a range of banking products and financial services to private and corporate customers. Its business units includes Banking and Non-life insurance. The Banking unit comprises Personal Banking and Corporate Banking. Personal Banking comprises private customers in the Faroe Islands and Greenland. Corporate Banking comprises corporate customers mainly in the Faroe Islands and in Greenland. The corporate also comprises a few remaining corporate customers from Denmark. Non-life insurance comprises the insurance company P/F TRYGD based The Faroe Islands. TRYGD is responsible for the-life insurance products. The company operates in the Faroe Islands, Denmark and Greenland of which key revenue is derived from the Faroe Islands.

BankNordik P/F (OCSE:BNORDIK CSE) Headlines

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