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Bank Hapoalim BM (Bank Hapoalim BM) Pretax Margin % : 53.76% (As of Dec. 2023)


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What is Bank Hapoalim BM Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank Hapoalim BM's Pre-Tax Income for the three months ended in Dec. 2023 was $704 Mil. Bank Hapoalim BM's Revenue for the three months ended in Dec. 2023 was $1,310 Mil. Therefore, Bank Hapoalim BM's pretax margin for the quarter that ended in Dec. 2023 was 53.76%.

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

BKHYY' s Pretax Margin % Range Over the Past 10 Years
Min: 23.9   Med: 34.68   Max: 55.85
Current: 52.89


BKHYY's Pretax Margin % is ranked better than
85.95% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs BKHYY: 52.89

Bank Hapoalim BM Pretax Margin % Historical Data

The historical data trend for Bank Hapoalim BM'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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Bank Hapoalim BM Pretax Margin % Chart

Bank Hapoalim BM 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 23.90 28.45 54.61 55.85 52.89

Bank Hapoalim BM 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 52.97 57.47 51.79 48.64 53.76

Competitive Comparison of Bank Hapoalim BM's Pretax Margin %

For the Banks - Regional subindustry, Bank Hapoalim BM'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 Hapoalim BM's Pretax Margin % Distribution in the Banks Industry

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

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



Bank Hapoalim BM 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 Hapoalim BM'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 )
=2995.8/5663.901
=52.89 %

Bank Hapoalim BM'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 )
=704.3/1309.998
=53.76 %

* 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 Hapoalim BM  (OTCPK:BKHYY) 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 Hapoalim BM Pretax Margin % Related Terms

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Bank Hapoalim BM (Bank Hapoalim BM) Business Description

Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.