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InterBSP:INBR32 -1.90%74 Pretax Margin % is 19.55% as of Mar. 2026, which is 80% above its 10-year median of 10.84. GuruFocus rates BSP:INBR32 with a GF Score™ of 74/100 and a GF Value™ of R$49.96 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,527 Banks companies, Inter ranks worse than 81.79% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Inter's Pre-Tax Income for the
three
months ended in Mar. 2026 was R$477 Mil. Inter's Revenue for the
three
months ended in Mar. 2026 was R$2,441 Mil. Therefore, Inter's pretax margin for the quarter that ended in Mar. 2026 was 19.55%.
The historical rank and industry rank for Inter's Pretax Margin % or its related term are showing as below:
BSP:INBR32'
s Pretax Margin % Range Over the Past 10 Years
Min: -10.4 Med: 10.84 Max: 20.2
Current: 19.37
BSP:INBR32's Pretax Margin % is ranked worse than 81.79% of 1527
companies
in the Banks industry
Industry Median: 34.67
vs BSP:INBR32: 19.37
Inter (BSP:INBR32) 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.
Inter Pretax Margin % Related Terms
Inter Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Inter'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.
BSP:INBR32 vs EFSC, HAPN, BLX: Pretax Margin % Comparison
For the Banks - Regional subindustry, Inter'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.
Inter Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Inter's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Inter's Pretax Margin % falls into.
* 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.
Inter (BSP:INBR32) has a Pretax Margin % of 19.55% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Inter and its competitors. This is 80% above median its historical median of 10.84. According to the industry distribution chart, Inter ranks #1249 out of 1527 companies in the Banks industry, placing it in the top 81.8%.
Is Inter's Pretax Margin % too high?
Inter's current Pretax Margin % of 19.55% is 80% above median its 10-year median of 10.84. The Banks industry median Pretax Margin % is 34.67. Inter's value of 19.55% is 43.6% below this industry median. Based on the distribution chart, Inter ranks #1249 out of 1527 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Inter has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inter's Pretax Margin % compare to EFSC and HAPN?
According to the Banks industry distribution chart, Inter ranks #1249 out of 1527 companies for Pretax Margin %. This places Inter in the lower half of its industry. The industry median Pretax Margin % is 34.67. Inter's value of 19.55% is 43.6% below this benchmark. While the company's 10-year median is 10.84 vs. the industry median of 34.67, Inter has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.67, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Inter's current Pretax Margin % of 19.55% is 43.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Inter and its competitors. For the Banks industry, the median Pretax Margin % is 34.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inter's current Pretax Margin % is 19.55%, which is 80% above median its own 10-year median of 10.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inter stock overvalued right now?
Based on GuruFocus' analysis, Inter (BSP:INBR32) is currently considered Significantly Undervalued. The stock's GF Value™ is R$49.96, compared to a current price of R$27.87 — trading 44.2% below its estimated fair value. The current Pretax Margin % is 19.55%, which is 80% above median its 10-year median of 10.84 and 43.6% below the Banks industry median of 34.67. Inter's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Inter (BSP:INBR32), the current Pretax Margin % is 19.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Inter (BSP:INBR32) Overvalued in 2026?
Based on GuruFocus' analysis, Inter stock appears to be undervalued.
The current stock price of R$27.87 is trading 44.2% below its estimated GF Value™ of R$49.96.
GuruFocus considers Inter to be Significantly Undervalued.
Key valuation signals for BSP:INBR32:
Pretax Margin %: 19.55% (80% above median its 10-year median of 10.84)
GF Value™: R$49.96 vs. price of R$27.87 (44.2% below fair value)
Industry Position: 43.6% below the Banks median (#1249 of 1527)
No single metric tells the full story. See the BSP:INBR32 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inter & Co Inc operates as a digital bank. The company's segment includes Banking & Spending; Investments; Insurance Brokerage; and Inter Shop. It generates maximum revenue from the Banking & Spending segment which comprises a wide range of banking products and services, such as checking accounts, cards, deposits, loans and advances, and other services, which are available to the clients by means of Inters mobile application.
74GF Score
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