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Commercial Bank Of Kuwait (KUW:CBK) Pretax Margin % : 78.44% (As of Jun. 2024)


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What is Commercial Bank Of Kuwait Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Commercial Bank Of Kuwait's Pre-Tax Income for the three months ended in Jun. 2024 was KWD35.9 Mil. Commercial Bank Of Kuwait's Revenue for the three months ended in Jun. 2024 was KWD45.8 Mil. Therefore, Commercial Bank Of Kuwait's pretax margin for the quarter that ended in Jun. 2024 was 78.44%.

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

KUW:CBK' s Pretax Margin % Range Over the Past 10 Years
Min: 0.04   Med: 38.31   Max: 68.47
Current: 62


KUW:CBK's Pretax Margin % is ranked better than
93.79% of 1594 companies
in the Banks industry
Industry Median: 31.85 vs KUW:CBK: 62.00

Commercial Bank Of Kuwait Pretax Margin % Historical Data

The historical data trend for Commercial Bank Of Kuwait'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.

Commercial Bank Of Kuwait Pretax Margin % Chart

Commercial Bank Of Kuwait 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 0.04 0.05 45.80 54.99 68.47

Commercial Bank Of Kuwait Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 107.61 72.61 29.01 67.29 78.44

Competitive Comparison of Commercial Bank Of Kuwait's Pretax Margin %

For the Banks - Regional subindustry, Commercial Bank Of Kuwait'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.


Commercial Bank Of Kuwait's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Commercial Bank Of Kuwait's Pretax Margin % falls into.



Commercial Bank Of Kuwait 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.

Commercial Bank Of Kuwait'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 )
=116.537/170.19
=68.47 %

Commercial Bank Of Kuwait's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=35.926/45.801
=78.44 %

* 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.


Commercial Bank Of Kuwait  (KUW:CBK) 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.


Commercial Bank Of Kuwait Pretax Margin % Related Terms

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Commercial Bank Of Kuwait Business Description

Traded in Other Exchanges
N/A
Address
Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029
Commercial Bank Of Kuwait is the financial institution in Kuwait. It operates corporate and retail banking franchise that provides innovative financial and investment solutions to its growing customer base. The company operates in two segments: Corporate and Retail banking, which provides a full range of lending, deposit, and related banking services to domestic and international corporate and individual customers; and Treasury and Investment banking segment comprises of money market, foreign exchange, treasury bonds, and brokerage services. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

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