QNB Bank ASIST:QNBTR -5.32%41 Pretax Margin % is 43.18% as of Mar. 2026, which is 17% above its 10-year median of 37.01. GuruFocus rates IST:QNBTR with a GF Score™ of 41/100 and a GF Value™ of ₺344.41 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,528 Banks companies, QNB Bank AS ranks better than 63.55% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. QNB Bank AS's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₺20,297 Mil. QNB Bank AS's Revenue for the
three
months ended in Mar. 2026 was ₺47,007 Mil. Therefore, QNB Bank AS's pretax margin for the quarter that ended in Mar. 2026 was 43.18%.
The historical rank and industry rank for QNB Bank AS's Pretax Margin % or its related term are showing as below:
IST:QNBTR'
s Pretax Margin % Range Over the Past 10 Years
Min: 26.11 Med: 37.01 Max: 52.82
Current: 40.09
IST:QNBTR's Pretax Margin % is ranked better than 63.55% of 1528
companies
in the Banks industry
Industry Median: 34.665
vs IST:QNBTR: 40.09
QNB Bank AS (IST:QNBTR) 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.
QNB Bank AS Pretax Margin % Related Terms
QNB Bank AS Pretax Margin % Historical Data
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The historical data trend for QNB Bank 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.
For the Banks - Regional subindustry, QNB Bank 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.
QNB Bank AS Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, QNB Bank AS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where QNB Bank 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.
QNB Bank AS (IST:QNBTR) has a Pretax Margin % of 43.18% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on QNB Bank AS and its competitors. This is 17% above median its historical median of 37.01. Over the past decade, QNB Bank AS's Pretax Margin % has ranged from 26.11 to 52.82. According to the industry distribution chart, QNB Bank AS ranks #557 out of 1528 companies in the Banks industry, placing it in the top 36.5%.
Is QNB Bank AS's Pretax Margin % too high?
QNB Bank AS's current Pretax Margin % of 43.18% is 17% above median its 10-year median of 37.01. Over the past 10 years, this metric has ranged from a low of 26.11 to a high of 52.82. The Banks industry median Pretax Margin % is 34.67. QNB Bank AS's value of 43.18% is 24.6% above this industry median. Based on the distribution chart, QNB Bank AS ranks #557 out of 1528 companies in the Banks industry, which is above the industry midpoint. Overall, QNB Bank AS has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QNB Bank AS's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, QNB Bank AS ranks #557 out of 1528 companies for Pretax Margin %. This puts QNB Bank AS in the upper half of its industry. The industry median Pretax Margin % is 34.67. QNB Bank AS's value of 43.18% is 24.6% above this benchmark. Historically, QNB Bank AS's own Pretax Margin % has ranged from 26.11 to 52.82 over the past decade. While the company's 10-year median is 37.01 vs. the industry median of 34.67, QNB Bank AS 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 34.67, based on 1,528 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. QNB Bank AS's current Pretax Margin % of 43.18% is 24.6% 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 QNB Bank AS and its competitors. For the Banks industry, the median Pretax Margin % is 34.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QNB Bank AS's current Pretax Margin % is 43.18%, which is 17% above median its own 10-year median of 37.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QNB Bank AS stock overvalued right now?
Based on GuruFocus' analysis, QNB Bank AS (IST:QNBTR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺344.41, compared to a current price of ₺235.00 — trading 31.8% below its estimated fair value. The current Pretax Margin % is 43.18%, which is 17% above median its 10-year median of 37.01 and 24.6% above the Banks industry median of 34.67. QNB Bank AS's overall GF Score™ is 41/100 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 QNB Bank AS (IST:QNBTR), the current Pretax Margin % is 43.18% 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 QNB Bank AS (IST:QNBTR) Overvalued in 2026?
Based on GuruFocus' analysis, QNB Bank AS stock appears to be undervalued.
The current stock price of ₺235.00 is trading 31.8% below its estimated GF Value™ of ₺344.41.
GuruFocus considers QNB Bank AS to be Significantly Undervalued.
Key valuation signals for IST:QNBTR:
Pretax Margin %: 43.18% (17% above median its 10-year median of 37.01)
GF Value™: ₺344.41 vs. price of ₺235.00 (31.8% below fair value)
Industry Position: 24.6% above the Banks median (#557 of 1528)
No single metric tells the full story. See the IST:QNBTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QNB Bank AS offers products and services to its customers in factoring, investment, leasing (financial leasing), insurance, portfolio management services, and e-transformation products. In addition to corporate banking, retail banking and commercial banking services, it also provides private banking, SME banking, treasury operations and credit card services through branches and alternative channels. The company serves its retail banking clients with time and demand deposits, also overdraft services, automatic account services, consumer loans, vehicle loans, housing loans and investment fund services. It provides services including deposit and loans, foreign trade financing, forward and option agreements to its corporate clients.
41GF Score
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