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Danske Bank A/S (Danske Bank A/S) Pretax Margin % : 48.90% (As of Dec. 2023)


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What is Danske Bank A/S Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Danske Bank A/S's Pre-Tax Income for the three months ended in Dec. 2023 was $1,059 Mil. Danske Bank A/S's Revenue for the three months ended in Dec. 2023 was $2,165 Mil. Therefore, Danske Bank A/S's pretax margin for the quarter that ended in Dec. 2023 was 48.90%.

The historical rank and industry rank for Danske Bank A/S's Pretax Margin % or its related term are showing as below:

DNSKF' s Pretax Margin % Range Over the Past 10 Years
Min: -3.85   Med: 36.68   Max: 53.05
Current: 47.21


DNSKF's Pretax Margin % is ranked better than
78.41% of 1459 companies
in the Banks industry
Industry Median: 32.76 vs DNSKF: 47.21

Danske Bank A/S Pretax Margin % Historical Data

The historical data trend for Danske Bank A/S'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.

Danske Bank A/S Pretax Margin % Chart

Danske Bank A/S 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 30.15 13.57 34.99 -3.85 47.21

Danske Bank A/S 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 40.33 48.68 43.98 47.07 48.90

Competitive Comparison of Danske Bank A/S's Pretax Margin %

For the Banks - Regional subindustry, Danske Bank A/S'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.


Danske Bank A/S's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Bank A/S's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Danske Bank A/S's Pretax Margin % falls into.



Danske Bank A/S 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.

Danske Bank A/S'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 )
=3903.845/8269.006
=47.21 %

Danske Bank A/S'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 )
=1058.553/2164.804
=48.90 %

* 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.


Danske Bank A/S  (OTCPK:DNSKF) 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.


Danske Bank A/S Pretax Margin % Related Terms

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Danske Bank A/S (Danske Bank A/S) Business Description

Address
Holmens Kanal 2-12, Copenhagen, DNK, DK-1092
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.

Danske Bank A/S (Danske Bank A/S) Headlines

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