Turkiye Halk Bankasi ASIST:HALKB -0.65%46 Pretax Margin % is 27.63% as of Mar. 2026, which is 16% above its 10-year median of 23.85. GuruFocus rates IST:HALKB with a GF Score™ of 46/100 and a GF Value™ of ₺49.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,530 Banks companies, Turkiye Halk Bankasi AS ranks worse than 78.04% on this metric.
The historical rank and industry rank for Turkiye Halk Bankasi AS's Pretax Margin % or its related term are showing as below:
IST:HALKB'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.02 Med: 23.85 Max: 42.66
Current: 22.08
IST:HALKB's Pretax Margin % is ranked worse than 78.04% of 1530
companies
in the Banks industry
Industry Median: 34.715
vs IST:HALKB: 22.08
Turkiye Halk Bankasi AS (IST:HALKB) 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 Halk Bankasi AS Pretax Margin % Related Terms
Turkiye Halk Bankasi AS 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.
Turkiye Halk Bankasi AS Pretax Margin % Competitor Comparison
For the Banks - Regional subindustry, Turkiye Halk 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 Halk Bankasi AS Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Turkiye Halk Bankasi AS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Turkiye Halk Bankasi AS'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.
Turkiye Halk Bankasi AS (IST:HALKB) has a Pretax Margin % of 27.63% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Turkiye Halk Bankasi AS and its competitors. This is 16% above median its historical median of 23.85. Over the past decade, Turkiye Halk Bankasi AS's Pretax Margin % has ranged from 10.02 to 42.66. According to the industry distribution chart, Turkiye Halk Bankasi AS ranks #1194 out of 1530 companies in the Banks industry, placing it in the top 78%.
Is Turkiye Halk Bankasi AS's Pretax Margin % too high?
Turkiye Halk Bankasi AS's current Pretax Margin % of 27.63% is 16% above median its 10-year median of 23.85. Over the past 10 years, this metric has ranged from a low of 10.02 to a high of 42.66. The Banks industry median Pretax Margin % is 34.72. Turkiye Halk Bankasi AS's value of 27.63% is 20.4% below this industry median. Based on the distribution chart, Turkiye Halk Bankasi AS ranks #1194 out of 1530 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Turkiye Halk Bankasi AS has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Halk Bankasi AS's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, Turkiye Halk Bankasi AS ranks #1194 out of 1530 companies for Pretax Margin %. This places Turkiye Halk Bankasi AS in the lower half of its industry. The industry median Pretax Margin % is 34.72. Turkiye Halk Bankasi AS's value of 27.63% is 20.4% below this benchmark. Historically, Turkiye Halk Bankasi AS's own Pretax Margin % has ranged from 10.02 to 42.66 over the past decade. While the company's 10-year median is 23.85 vs. the industry median of 34.72, Turkiye Halk Bankasi AS has consistently been below 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 34.72, based on 1,530 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. Turkiye Halk Bankasi AS's current Pretax Margin % of 27.63% is 20.4% below 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 Turkiye Halk Bankasi AS and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkiye Halk Bankasi AS's current Pretax Margin % is 27.63%, which is 16% above median its own 10-year median of 23.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Halk Bankasi AS stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Halk Bankasi AS (IST:HALKB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺49.11, compared to a current price of ₺42.94 — trading 12.6% below its estimated fair value. The current Pretax Margin % is 27.63%, which is 16% above median its 10-year median of 23.85 and 20.4% below the Banks industry median of 34.72. Turkiye Halk Bankasi AS's overall GF Score™ is 46/100 with 3 warning signs 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 Turkiye Halk Bankasi AS (IST:HALKB), the current Pretax Margin % is 27.63% as of Mar. 2026. 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.
Is Turkiye Halk Bankasi AS (IST:HALKB) Overvalued in 2026?
Based on GuruFocus' analysis, Turkiye Halk Bankasi AS stock appears to be undervalued.
The current stock price of ₺42.94 is trading 12.6% below its estimated GF Value™ of ₺49.11.
GuruFocus considers Turkiye Halk Bankasi AS to be Modestly Undervalued.
Key valuation signals for IST:HALKB:
Pretax Margin %: 27.63% (16% above median its 10-year median of 23.85)
GF Value™: ₺49.11 vs. price of ₺42.94 (12.6% below fair value)
Industry Position: 20.4% below the Banks median (#1194 of 1530)
No single metric tells the full story. See the IST:HALKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turkiye Halk Bankasi AS is a bank operating in Turkey. The bank's controlling shareholder is the Privatization Administration of Turkey, a government agency. Halkbank's strategic focus since its founding is customer service and small to midsize enterprise banking, with a significant portion of its total loan portfolio dedicated to this segment. Halkbank specifically offers loans and products tailored for SMEs. Net interest income constitutes a majority of the bank's net revenue, of which its SME segment is the majority contributor. A significant portion of its nonperforming loans come from the manufacturing industry.
46GF Score
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