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Preferred Bank (Preferred Bank) Pretax Margin % : 70.35% (As of Sep. 2023)


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What is Preferred Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Preferred Bank's Pre-Tax Income for the three months ended in Sep. 2023 was $53.4 Mil. Preferred Bank's Revenue for the three months ended in Sep. 2023 was $75.9 Mil. Therefore, Preferred Bank's pretax margin for the quarter that ended in Sep. 2023 was 70.35%.

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

PFBC' s Pretax Margin % Range Over the Past 10 Years
Min: 48.28   Med: 58.29   Max: 71.77
Current: 71.77


PFBC's Pretax Margin % is ranked better than
97.46% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs PFBC: 71.77

Preferred Bank Pretax Margin % Historical Data

The historical data trend for Preferred Bank'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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Preferred Bank Pretax Margin % Chart

Preferred Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.55 65.19 53.75 69.12 70.44

Preferred Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 70.86 74.15 73.30 69.44 70.35

Competitive Comparison of Preferred Bank's Pretax Margin %

For the Banks - Regional subindustry, Preferred Bank'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.


Preferred Bank's Pretax Margin % Distribution in the Banks Industry

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

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



Preferred Bank 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.

Preferred Bank's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=179.197/254.402
=70.44 %

Preferred Bank's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=53.417/75.926
=70.35 %

* 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.


Preferred Bank  (NAS:PFBC) 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.


Preferred Bank Pretax Margin % Related Terms

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Preferred Bank (Preferred Bank) Business Description

Traded in Other Exchanges
Address
601 South Figueroa Street, 48th Floor, Los Angeles, CA, USA, 90017
Preferred Bank is a commercial bank located in California. Its products and services are divided into Personal Banking, Business Banking, and Commercial Banking which includes Checking accounts, Savings accounts, CDs, Loans and Credit, Electronic banking and Treasury Management. It provides personalized deposit services, real estate finance, commercial loans, and trade finance credit facilities to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high-net-worth individuals. The bank generates a majority of its revenue from Southern and Northern California and Flushing.

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