Banque Nationale de BelgiqueFRA:BKB -2.80%26 Pretax Margin % is 101.04% as of Dec. 2025, which is 60% above its 10-year median of 63.27. GuruFocus rates FRA:BKB with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,527 Banks companies, Banque Nationale de Belgique ranks better than 99.35% on this metric.
The historical rank and industry rank for Banque Nationale de Belgique's Pretax Margin % or its related term are showing as below:
FRA:BKB'
s Pretax Margin % Range Over the Past 10 Years
Min: -210.13 Med: 63.27 Max: 101.04
Current: 101.04
FRA:BKB's Pretax Margin % is ranked better than 99.35% of 1527
companies
in the Banks industry
Industry Median: 34.88
vs FRA:BKB: 101.04
Banque Nationale de Belgique (FRA:BKB) 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.
Banque Nationale de Belgique Pretax Margin % Related Terms
Banque Nationale de Belgique Pretax Margin % Historical Data
* 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.
Banque Nationale de Belgique Pretax Margin % Chart
For the Banks - Regional subindustry, Banque Nationale de Belgique'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.
Banque Nationale de Belgique Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Banque Nationale de Belgique's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Banque Nationale de Belgique'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.
Banque Nationale de Belgique (FRA:BKB) has a Pretax Margin % of 101.04% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Banque Nationale de Belgique and its competitors. This is 60% above median its historical median of 63.27. According to the industry distribution chart, Banque Nationale de Belgique ranks #10 out of 1527 companies in the Banks industry, placing it in the top 0.7%.
Is Banque Nationale de Belgique's Pretax Margin % too high?
Banque Nationale de Belgique's current Pretax Margin % of 101.04% is 60% above median its 10-year median of 63.27. The Banks industry median Pretax Margin % is 34.88. Banque Nationale de Belgique's value of 101.04% is 189.7% above this industry median. Based on the distribution chart, Banque Nationale de Belgique ranks #10 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Banque Nationale de Belgique has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Banque Nationale de Belgique's Pretax Margin % compare to PNC and USB?
According to the Banks industry distribution chart, Banque Nationale de Belgique ranks #10 out of 1527 companies for Pretax Margin %. This places Banque Nationale de Belgique in the top 1% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 34.88. Banque Nationale de Belgique's value of 101.04% is 189.7% above this benchmark. While the company's 10-year median is 63.27 vs. the industry median of 34.88, Banque Nationale de Belgique has consistently been above 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 34.88, 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. Banque Nationale de Belgique's current Pretax Margin % of 101.04% is 189.7% above 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 Banque Nationale de Belgique and its competitors. For the Banks industry, the median Pretax Margin % is 34.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banque Nationale de Belgique's current Pretax Margin % is 101.04%, which is 60% above median its own 10-year median of 63.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banque Nationale de Belgique stock overvalued right now?
Banque Nationale de Belgique (FRA:BKB) has a current Pretax Margin % of 101.04%. The current Pretax Margin % is 101.04%, which is 60% above median its 10-year median of 63.27 and 189.7% above the Banks industry median of 34.88. Banque Nationale de Belgique's overall GF Score™ is 26/100 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 Banque Nationale de Belgique (FRA:BKB), the current Pretax Margin % is 101.04% as of Dec. 2025. 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.
Banque Nationale de Belgique SA, or the National Bank of Belgium, is the country's central bank. The bank does not operate like other banks whose chief objective is profit maximization for its shareholders. Its primary aim is to maintain price stability as well as supervision of the Belgian financial sector and other related tasks in the national interest. The most notable portion of assets on the balance sheet include securities held for monetary policy purposes. Other notable assets include other securities and net claims related to the allocation of euro banknotes within the Eurosystem. Net interest income is the overwhelming majority of net revenue.
26GF Score
Get the complete analysis for FRA:BKB
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:BKB has been successfully added to your 
