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FB Financial (FRA:2J2) Pretax Margin % : 31.87% (As of Mar. 2024)


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What is FB Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. FB Financial's Pre-Tax Income for the three months ended in Mar. 2024 was €31.5 Mil. FB Financial's Revenue for the three months ended in Mar. 2024 was €98.9 Mil. Therefore, FB Financial's pretax margin for the quarter that ended in Mar. 2024 was 31.87%.

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

FRA:2J2' s Pretax Margin % Range Over the Past 10 Years
Min: 14.53   Med: 29   Max: 42.22
Current: 30.22


FRA:2J2's Pretax Margin % is ranked worse than
56.82% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs FRA:2J2: 30.22

FB Financial Pretax Margin % Historical Data

The historical data trend for FB Financial'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.

FB Financial Pretax Margin % Chart

FB Financial 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 30.31 14.53 42.22 30.29 31.46

FB Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 36.28 36.01 21.25 30.85 31.87

Competitive Comparison of FB Financial's Pretax Margin %

For the Banks - Regional subindustry, FB Financial'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.


FB Financial's Pretax Margin % Distribution in the Banks Industry

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

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



FB Financial 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.

FB Financial'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 )
=137.818/438.106
=31.46 %

FB Financial's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=31.51/98.856
=31.87 %

* 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.


FB Financial  (FRA:2J2) 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.


FB Financial Pretax Margin % Related Terms

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FB Financial (FRA:2J2) Business Description

Traded in Other Exchanges
Address
211 Commerce Street, Suite 300, Nashville, TN, USA, 37201
FB Financial Corp is a bank holding company. The company through its wholly-owned bank subsidiary provides commercial and consumer banking services to clients in select markets in Tennessee, North Alabama, and North Georgia. The company segment includes Banking and Mortgage. It generates revenue from the Banking segment which provides a full range of deposit and lending products and services to corporate, commercial, and consumer customers. The Mortgage segment includes the servicing of residential mortgage loans and the packaging and securitization of loans to governmental agencies.

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