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Turkiye Garanti Bankasi AS (FRA:GBKB) Pretax Margin % : 44.19% (As of Sep. 2024)


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What is Turkiye Garanti Bankasi AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Turkiye Garanti Bankasi AS's Pre-Tax Income for the three months ended in Sep. 2024 was €807 Mil. Turkiye Garanti Bankasi AS's Revenue for the three months ended in Sep. 2024 was €1,826 Mil. Therefore, Turkiye Garanti Bankasi AS's pretax margin for the quarter that ended in Sep. 2024 was 44.19%.

The historical rank and industry rank for Turkiye Garanti Bankasi AS's Pretax Margin % or its related term are showing as below:

FRA:GBKB' s Pretax Margin % Range Over the Past 10 Years
Min: 23.5   Med: 35.94   Max: 57.88
Current: 46.51


FRA:GBKB's Pretax Margin % is ranked better than
78.86% of 1533 companies
in the Banks industry
Industry Median: 31.73 vs FRA:GBKB: 46.51

Turkiye Garanti Bankasi AS Pretax Margin % Historical Data

The historical data trend for Turkiye Garanti Bankasi AS'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.

Turkiye Garanti Bankasi AS Pretax Margin % Chart

Turkiye Garanti Bankasi AS 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 26.52 23.50 29.95 57.88 53.71

Turkiye Garanti Bankasi AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 59.92 53.34 43.28 45.52 44.19

Competitive Comparison of Turkiye Garanti Bankasi AS's Pretax Margin %

For the Banks - Regional subindustry, Turkiye Garanti Bankasi AS'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.


Turkiye Garanti Bankasi AS's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Turkiye Garanti Bankasi AS's Pretax Margin % falls into.



Turkiye Garanti Bankasi AS 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.

Turkiye Garanti Bankasi AS'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 )
=3376.253/6285.827
=53.71 %

Turkiye Garanti Bankasi AS's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=806.847/1825.934
=44.19 %

* 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.


Turkiye Garanti Bankasi AS  (FRA:GBKB) 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.


Turkiye Garanti Bankasi AS Pretax Margin % Related Terms

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Turkiye Garanti Bankasi AS Business Description

Traded in Other Exchanges
Address
Levent Nispetiye Mah. Aytar Cad. No: 2, Besiktas, Istanbul, TUR, 34340
Turkiye Garanti Bankasi AS is an integrated financial services group operating predominantly in Turkey but with subsidiaries in the Netherlands, Russia, and Romania. It is a full-service bank offering corporate, commercial, retail, private, small to midsize enterprise, and investment banking services. Other financial services include insurance, leasing, brokerage, and asset management services. The bank's strategy emphasizes customer service. The vast majority of its earning assets consist of loans, with a strong positioning in consumer loans, mortgages, and auto loans. The company loan portfolio is diversified across various industries, notably real estate and rental services, wholesale and retail trade, and the production industries.

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