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Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Pretax Margin % : 30.15% (As of Dec. 2023)


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What is Turkiye Vakiflar Bankasi TAO Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Turkiye Vakiflar Bankasi TAO's Pre-Tax Income for the three months ended in Dec. 2023 was $428 Mil. Turkiye Vakiflar Bankasi TAO's Revenue for the three months ended in Dec. 2023 was $1,418 Mil. Therefore, Turkiye Vakiflar Bankasi TAO's pretax margin for the quarter that ended in Dec. 2023 was 30.15%.

The historical rank and industry rank for Turkiye Vakiflar Bankasi TAO's Pretax Margin % or its related term are showing as below:

TKYVY' s Pretax Margin % Range Over the Past 10 Years
Min: 25.88   Med: 34.66   Max: 43.78
Current: 28.7


TKYVY's Pretax Margin % is ranked worse than
60.77% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs TKYVY: 28.70

Turkiye Vakiflar Bankasi TAO Pretax Margin % Historical Data

The historical data trend for Turkiye Vakiflar Bankasi TAO'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.

Turkiye Vakiflar Bankasi TAO Pretax Margin % Chart

Turkiye Vakiflar Bankasi TAO 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 25.88 34.71 31.34 43.78 30.71

Turkiye Vakiflar Bankasi TAO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 40.38 19.64 24.95 36.79 30.15

Competitive Comparison of Turkiye Vakiflar Bankasi TAO's Pretax Margin %

For the Banks - Regional subindustry, Turkiye Vakiflar Bankasi TAO'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.


Turkiye Vakiflar Bankasi TAO's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Vakiflar Bankasi TAO's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Turkiye Vakiflar Bankasi TAO's Pretax Margin % falls into.



Turkiye Vakiflar Bankasi TAO 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.

Turkiye Vakiflar Bankasi TAO'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 )
=1248.983/4067.566
=30.71 %

Turkiye Vakiflar Bankasi TAO'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 )
=427.592/1418.022
=30.15 %

* 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.


Turkiye Vakiflar Bankasi TAO  (OTCPK:TKYVY) 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.


Turkiye Vakiflar Bankasi TAO Pretax Margin % Related Terms

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Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Business Description

Traded in Other Exchanges
Address
Saray Mahallesi Dr. Adnan Buyukdeniz Caddesi No: 7/A-B, Genel Mudurlugu, Umraniye, Istanbul, TUR, 34768
Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, as well as financial leasing and factoring, among other activities. Most of the bank's earning assets are commercial loans, but it also has a significant retail loan book and securities portfolio. The bank operates and has its credit exposed overwhelmingly in the Turkish market.

Turkiye Vakiflar Bankasi TAO (Turkiye Vakiflar Bankasi TAO) Headlines

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