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Heartland Financial USA (FRA:1H4) Pretax Margin % : 29.25% (As of Jun. 2024)


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What is Heartland Financial USA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Heartland Financial USA's Pre-Tax Income for the three months ended in Jun. 2024 was €48.0 Mil. Heartland Financial USA's Revenue for the three months ended in Jun. 2024 was €164.2 Mil. Therefore, Heartland Financial USA's pretax margin for the quarter that ended in Jun. 2024 was 29.25%.

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

FRA:1H4' s Pretax Margin % Range Over the Past 10 Years
Min: 14.42   Med: 28.27   Max: 39.96
Current: 14.42


FRA:1H4's Pretax Margin % is ranked worse than
83.8% of 1593 companies
in the Banks industry
Industry Median: 31.85 vs FRA:1H4: 14.42

Heartland Financial USA Pretax Margin % Historical Data

The historical data trend for Heartland Financial USA'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.

Heartland Financial USA Pretax Margin % Chart

Heartland Financial USA 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 32.34 28.67 39.96 36.80 16.67

Heartland Financial USA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 35.41 35.38 -231.14 37.04 29.25

Competitive Comparison of Heartland Financial USA's Pretax Margin %

For the Banks - Regional subindustry, Heartland Financial USA'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.


Heartland Financial USA's Pretax Margin % Distribution in the Banks Industry

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

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



Heartland Financial USA 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.

Heartland Financial USA'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 )
=88.745/532.216
=16.67 %

Heartland Financial USA's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=48.026/164.205
=29.25 %

* 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.


Heartland Financial USA  (FRA:1H4) 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.


Heartland Financial USA Pretax Margin % Related Terms

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Heartland Financial USA Business Description

Traded in Other Exchanges
Address
1800 Larimer Street, Suite 1800, Denver, CO, USA, 80202
Heartland Financial USA Inc is a multi-bank holding company that offers a wide range of commercial, small business, and consumer banking services to businesses, including public sector and non-profit entities, and individuals. It also provides traditional and non-traditional service channels including online banking, mobile/remote banking, and telephone banking. The company's business lines are Commercial Banking, Agricultural Loans, Small Business Banking, Residential Real Estate Mortgage Lending, Consumer Banking, and Wealth Management and Retirement Plan Services.

Heartland Financial USA Headlines

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