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Miyazaki Taiyo Bank (FSE:8560) Pretax Margin % : 16.94% (As of Dec. 2023)


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What is Miyazaki Taiyo Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Miyazaki Taiyo Bank's Pre-Tax Income for the three months ended in Dec. 2023 was 円571 Mil. Miyazaki Taiyo Bank's Revenue for the three months ended in Dec. 2023 was 円3,370 Mil. Therefore, Miyazaki Taiyo Bank's pretax margin for the quarter that ended in Dec. 2023 was 16.94%.

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

FSE:8560' s Pretax Margin % Range Over the Past 10 Years
Min: 11.15   Med: 16.5   Max: 35.66
Current: 16.52


FSE:8560's Pretax Margin % is ranked worse than
81.81% of 1462 companies
in the Banks industry
Industry Median: 32.885 vs FSE:8560: 16.52

Miyazaki Taiyo Bank Pretax Margin % Historical Data

The historical data trend for Miyazaki Taiyo Bank'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.

Miyazaki Taiyo Bank Pretax Margin % Chart

Miyazaki Taiyo Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 11.15 13.75 15.99 17.01

Miyazaki Taiyo Bank 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 15.85 6.81 23.26 18.09 16.94

Competitive Comparison of Miyazaki Taiyo Bank's Pretax Margin %

For the Banks - Regional subindustry, Miyazaki Taiyo Bank'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.


Miyazaki Taiyo Bank's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Miyazaki Taiyo Bank's Pretax Margin % falls into.



Miyazaki Taiyo Bank 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.

Miyazaki Taiyo Bank's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=2155/12669
=17.01 %

Miyazaki Taiyo Bank'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 )
=571/3370
=16.94 %

* 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.


Miyazaki Taiyo Bank  (FSE:8560) 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.


Miyazaki Taiyo Bank Pretax Margin % Related Terms

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Miyazaki Taiyo Bank (FSE:8560) Business Description

Traded in Other Exchanges
N/A
Address
Hiroshima 2-chome 1-31, Miyazaki Prefecture, Miyazaki, JPN, 880-8606
Miyazaki Taiyo Bank, Ltd. provides commercial banking services including deposits, loans, and foreign exchange transactions in Japan. It operates in three segments: Banking, Outsourcing, and Leasing and Assurance. The company accepts Yen and foreign currency deposits; and offers mutual funds, JGBs, insurance products, and debit cards. It also provides card, free, conclusion, car, education, housing, business support, business, partner, and agricultural equipment loans.

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