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Bank of Africa (LSE:BOAR) Pretax Margin % : 27.94% (As of Dec. 2023)


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What is Bank of Africa Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank of Africa's Pre-Tax Income for the three months ended in Dec. 2023 was $129 Mil. Bank of Africa's Revenue for the three months ended in Dec. 2023 was $461 Mil. Therefore, Bank of Africa's pretax margin for the quarter that ended in Dec. 2023 was 27.94%.

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

LSE:BOAR' s Pretax Margin % Range Over the Past 10 Years
Min: 13.44   Med: 28.08   Max: 31.24
Current: 31.24


LSE:BOAR's Pretax Margin % is ranked worse than
53.97% of 1460 companies
in the Banks industry
Industry Median: 32.765 vs LSE:BOAR: 31.24

Bank of Africa Pretax Margin % Historical Data

The historical data trend for Bank of Africa'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.

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Bank of Africa Pretax Margin % Chart

Bank of Africa 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 26.20 13.44 26.78 30.30 31.24

Bank of Africa 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 29.84 28.64 38.61 29.55 27.94

Competitive Comparison of Bank of Africa's Pretax Margin %

For the Banks - Diversified subindustry, Bank of Africa'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.


Bank of Africa's Pretax Margin % Distribution in the Banks Industry

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

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



Bank of Africa 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.

Bank of Africa'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 )
=555.479/1778.197
=31.24 %

Bank of Africa'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 )
=128.767/460.944
=27.94 %

* 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.


Bank of Africa  (LSE:BOAR) 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.


Bank of Africa Pretax Margin % Related Terms

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Bank of Africa (LSE:BOAR) Business Description

Traded in Other Exchanges
Address
140 Avenue Hassan II, Casablanca, MAR, 20000
Bank of Africa, formerly Banque Marocaine Du Commerce Exterieur SA is a full-service commercial bank with operations in Morocco and neighboring countries in Africa but also in Europe, China, and Canada. It offers a range of financial services to individual, corporate, and professional clients, including banking, insurance, and asset management. Its products include accounts, credit cards, loans, and other savings and investment products. The bank focuses on developing its core business with stronger market penetration of small and medium-sized businesses and younger customers.

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