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Bank of East Asia (Bank of East Asia) Pretax Margin % : 19.27% (As of Dec. 2023)


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What is Bank of East Asia Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank of East Asia's Pre-Tax Income for the six months ended in Dec. 2023 was $254 Mil. Bank of East Asia's Revenue for the six months ended in Dec. 2023 was $1,321 Mil. Therefore, Bank of East Asia's pretax margin for the quarter that ended in Dec. 2023 was 19.27%.

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

BKEAY' s Pretax Margin % Range Over the Past 10 Years
Min: 16.36   Med: 34.81   Max: 48.02
Current: 25.97


BKEAY's Pretax Margin % is ranked worse than
66.53% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs BKEAY: 25.97

Bank of East Asia Pretax Margin % Historical Data

The historical data trend for Bank of East Asia'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.

Bank of East Asia Pretax Margin % Chart

Bank of East Asia 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 16.36 21.39 38.78 28.35 25.97

Bank of East Asia 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 38.89 23.08 32.62 32.79 19.27

Competitive Comparison of Bank of East Asia's Pretax Margin %

For the Banks - Regional subindustry, Bank of East Asia'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.


Bank of East Asia's Pretax Margin % Distribution in the Banks Industry

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

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



Bank of East Asia 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.

Bank of East Asia'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 )
=679.915/2618.377
=25.97 %

Bank of East Asia'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 )
=254.424/1320.648
=19.27 %

* 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.


Bank of East Asia  (OTCPK:BKEAY) 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.


Bank of East Asia Pretax Margin % Related Terms

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Bank of East Asia (Bank of East Asia) Business Description

Traded in Other Exchanges
Address
10 Des Voeux Road Central, Hong Kong, HKG
Bank of East Asia Ltd provides banking services. The company's segments include Personal banking; Wholesale banking; Treasury markets; Wealth management; Centralised operations; Others; Mainland China operations; Overseas operations and Corporate management. It generates maximum revenue from the Personal banking segment. The Personal Banking segment includes branch operations, personal internet banking, consumer finance, property loans, and credit card business to individual customers in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong.

Bank of East Asia (Bank of East Asia) Headlines

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