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Standard Bank Group (Standard Bank Group) Pretax Margin % : 32.31% (As of Dec. 2023)


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What is Standard Bank Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Standard Bank Group's Pre-Tax Income for the six months ended in Dec. 2023 was $1,776 Mil. Standard Bank Group's Revenue for the six months ended in Dec. 2023 was $5,496 Mil. Therefore, Standard Bank Group's pretax margin for the quarter that ended in Dec. 2023 was 32.31%.

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

SGBLY' s Pretax Margin % Range Over the Past 10 Years
Min: 15.02   Med: 31.64   Max: 37.72
Current: 35.01


SGBLY's Pretax Margin % is ranked better than
54.56% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs SGBLY: 35.01

Standard Bank Group Pretax Margin % Historical Data

The historical data trend for Standard Bank Group'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.

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Standard Bank Group Pretax Margin % Chart

Standard Bank Group 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 30.82 15.02 28.83 32.46 35.01

Standard Bank Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 26.64 33.93 31.33 38.18 32.31

Competitive Comparison of Standard Bank Group's Pretax Margin %

For the Banks - Regional subindustry, Standard Bank Group'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.


Standard Bank Group's Pretax Margin % Distribution in the Banks Industry

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

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



Standard Bank Group 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.

Standard Bank Group'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 )
=3561.891/10173.511
=35.01 %

Standard Bank Group'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 )
=1775.847/5495.739
=32.31 %

* 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.


Standard Bank Group  (OTCPK:SGBLY) 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.


Standard Bank Group Pretax Margin % Related Terms

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Standard Bank Group (Standard Bank Group) Business Description

Address
550 Denman Street, Suite 200, Vancouver, BC, CAN
Standard Bank Group Ltd provides banking and other financial services for its customers in roughly 20 countries in sub-Saharan Africa. Its two biggest business segments are personal and business banking and corporate and investment banking. The company earns most of its income from the personal and business banking segment, where it offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. The company generates nearly all its income in Africa, with most coming from South Africa.

Standard Bank Group (Standard Bank Group) Headlines