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Akita Bank (Akita Bank) Pre-Tax Income : $43.1 Mil (TTM As of Dec. 2023)


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What is Akita Bank Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Akita Bank's pretax income for the three months ended in Dec. 2023 was $8.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $43.1 Mil. Akita Bank's pretax margin was 15.68%.

During the past 13 years, Akita Bank's highest Pretax Margin was 26.58%. The lowest was 10.12%. And the median was 14.94%.


Akita Bank Pre-Tax Income Historical Data

The historical data trend for Akita Bank's Pre-Tax Income 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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Akita Bank Pre-Tax Income Chart

Akita Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.18 38.03 37.29 33.72 42.26

Akita Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 -2.36 5.62 15.14 8.90 13.46

Competitive Comparison of Akita Bank's Pre-Tax Income

For the Banks - Regional subindustry, Akita Bank's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Akita Bank's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Akita Bank's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Akita Bank's Pre-Tax Income falls into.



Akita Bank Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Akita Bank's Pretax Income for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+42.258
=42.3

Akita Bank's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+8.897
=8.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $43.1 Mil.

* 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.


Akita Bank  (OTCPK:AKBKF) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=8.897/56.736
=15.68%

During the past 13 years, Akita Bank's highest Pretax Margin was 26.58%. The lowest was 10.12%. And the median was 14.94%.

* 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.


Akita Bank Pre-Tax Income Related Terms

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Akita Bank (Akita Bank) Business Description

Traded in Other Exchanges
Address
2-1 Sanno 3-Chome, Akita, JPN, 010-8655
Akita Bank Ltd is the banking subsidiary of the Akita Bank Group, which is composed of a Japanese regional bank and five consolidated subsidiaries operating primarily in the Akita Prefecture. The bank's strategy emphasizes regional market penetration to drive profitability. The group offers various financial services, principally banking. In addition, it offers leasing, consulting, guarantee services, and credit card services. Just over half of its earning assets are in loans and bills discounted, followed in size by securities. Most of the group's income is generated through net interest income, followed by fees and commissions.

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