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BPIRY (Piraeus Financial Holdings) Pretax Margin % : 61.16% (As of Sep. 2024)


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What is Piraeus Financial Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Piraeus Financial Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was $481 Mil. Piraeus Financial Holdings's Revenue for the three months ended in Sep. 2024 was $786 Mil. Therefore, Piraeus Financial Holdings's pretax margin for the quarter that ended in Sep. 2024 was 61.16%.

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

BPIRY' s Pretax Margin % Range Over the Past 10 Years
Min: -125.01   Med: -17.73   Max: 58.24
Current: 58.24


BPIRY's Pretax Margin % is ranked better than
91.26% of 1533 companies
in the Banks industry
Industry Median: 31.73 vs BPIRY: 58.24

Piraeus Financial Holdings Pretax Margin % Historical Data

The historical data trend for Piraeus Financial Holdings'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.

Piraeus Financial Holdings Pretax Margin % Chart

Piraeus Financial Holdings 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 21.20 -28.43 -116.49 45.07 41.72

Piraeus Financial Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 56.99 58.92 50.00 62.09 61.16

Competitive Comparison of Piraeus Financial Holdings's Pretax Margin %

For the Banks - Regional subindustry, Piraeus Financial Holdings'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.


Piraeus Financial Holdings's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Piraeus Financial Holdings's Pretax Margin % falls into.



Piraeus Financial Holdings 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.

Piraeus Financial Holdings'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 )
=1175.573/2817.884
=41.72 %

Piraeus Financial Holdings's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=480.577/785.794
=61.16 %

* 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.


Piraeus Financial Holdings  (OTCPK:BPIRY) 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.


Piraeus Financial Holdings Pretax Margin % Related Terms

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Piraeus Financial Holdings Business Description

Traded in Other Exchanges
Address
4 Amerikis Street, Athens, GRC, 105 64
Piraeus Financial Holdings SA is a universal banking group operating in Greece but with a presence in southeastern Europe and the eastern Mediterranean. Its banking unit specializes in small to midsize enterprise banking, agricultural banking, consumer and mortgage credit, green banking, investment banking, as well as leasing and factoring. The bank has an extensive distribution network, both traditional and alternative, the majority of notably its e-banking platform Winbank. A majority of the bank's net revenue is net interest income, overwhelmingly derived from loans and advances to customers.