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Canandaigua National (Canandaigua National) Pretax Margin % : 31.61% (As of Dec. 2018)


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What is Canandaigua National Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Canandaigua National's Pre-Tax Income for the six months ended in Dec. 2018 was $46.0 Mil. Canandaigua National's Revenue for the six months ended in Dec. 2018 was $145.7 Mil. Therefore, Canandaigua National's pretax margin for the quarter that ended in Dec. 2018 was 31.61%.

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


CNND's Pretax Margin % is not ranked *
in the Banks industry.
Industry Median: 32.935
* Ranked among companies with meaningful Pretax Margin % only.

Canandaigua National Pretax Margin % Historical Data

The historical data trend for Canandaigua National'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.

Canandaigua National Pretax Margin % Chart

Canandaigua National Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.95 28.21 28.91 30.46 31.61

Canandaigua National Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 28.95 28.21 28.91 30.46 31.61

Competitive Comparison of Canandaigua National's Pretax Margin %

For the Banks - Regional subindustry, Canandaigua National'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.


Canandaigua National's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Canandaigua National's Pretax Margin % falls into.



Canandaigua National 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.

Canandaigua National's Pretax Margin for the fiscal year that ended in Dec. 2018 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2018 )/Revenue (A: Dec. 2018 )
=46.048/145.667
=31.61 %

Canandaigua National's Pretax Margin for the quarter that ended in Dec. 2018 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2018 )/Revenue (Q: Dec. 2018 )
=46.048/145.667
=31.61 %

* 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.


Canandaigua National  (OTCPK:CNND) 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.


Canandaigua National Pretax Margin % Related Terms

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Canandaigua National (Canandaigua National) Business Description

Traded in Other Exchanges
N/A
Address
72 South Main Street, Canandaigua, NY, USA, 14424
Canandaigua National Corp is a bank holding company. The company provides a full range of financial services such as banking, trust, investment, and insurance services to individuals, corporations, and municipalities.
Executives
Joseph L Dugan officer: Executive Vice President, other: Officer of subsidiaries 72 SOUTH MAIN STREET, CANANDAIGUA NY 14424
David R Morrow other: Officer of Subsidiary 72 S. MAIN ST., CANANDAIGUA NY 14424

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