Danske Bank ASLTS:0NVC +0.13%63 Pretax Margin % is 54.35% as of Mar. 2026, which is 18% above its 10-year median of 45.91. GuruFocus rates LTS:0NVC with a GF Score™ of 63/100 and a GF Value™ of kr232.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,530 Banks companies, Danske Bank AS ranks better than 87.12% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Danske Bank AS's Pre-Tax Income for the
three
months ended in Mar. 2026 was kr7,595 Mil. Danske Bank AS's Revenue for the
three
months ended in Mar. 2026 was kr13,974 Mil. Therefore, Danske Bank AS's pretax margin for the quarter that ended in Mar. 2026 was 54.35%.
The historical rank and industry rank for Danske Bank AS's Pretax Margin % or its related term are showing as below:
LTS:0NVC'
s Pretax Margin % Range Over the Past 10 Years
Min: -3.85 Med: 45.91 Max: 55.33
Current: 53.97
LTS:0NVC's Pretax Margin % is ranked better than 87.12% of 1530
companies
in the Banks industry
Industry Median: 34.715
vs LTS:0NVC: 53.97
Danske Bank AS (LTS:0NVC) 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.
Danske Bank AS Pretax Margin % Related Terms
Danske Bank AS Pretax Margin % Historical Data
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The historical data trend for Danske 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.
Danske Bank AS Pretax Margin % Competitor Comparison
For the Banks - Regional subindustry, Danske 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.
Danske Bank AS Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Danske Bank AS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Danske 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.
Danske Bank AS (LTS:0NVC) has a Pretax Margin % of 54.35% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Danske Bank AS and its competitors. This is 18% above median its historical median of 45.91. According to the industry distribution chart, Danske Bank AS ranks #197 out of 1530 companies in the Banks industry, placing it in the top 12.9%.
Is Danske Bank AS's Pretax Margin % too high?
Danske Bank AS's current Pretax Margin % of 54.35% is 18% above median its 10-year median of 45.91. The Banks industry median Pretax Margin % is 34.72. Danske Bank AS's value of 54.35% is 56.6% above this industry median. Based on the distribution chart, Danske Bank AS ranks #197 out of 1530 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Danske Bank AS has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danske Bank AS's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, Danske Bank AS ranks #197 out of 1530 companies for Pretax Margin %. This places Danske Bank AS in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 34.72. Danske Bank AS's value of 54.35% is 56.6% above this benchmark. While the company's 10-year median is 45.91 vs. the industry median of 34.72, Danske 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 34.72, 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. Danske Bank AS's current Pretax Margin % of 54.35% is 56.6% 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 Danske Bank 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. Danske Bank AS's current Pretax Margin % is 54.35%, which is 18% above median its own 10-year median of 45.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danske Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Danske Bank AS (LTS:0NVC) is currently considered Significantly Overvalued. The stock's GF Value™ is kr232.17, compared to a current price of kr346.10 — trading 49.1% above its estimated fair value. The current Pretax Margin % is 54.35%, which is 18% above median its 10-year median of 45.91 and 56.6% above the Banks industry median of 34.72. Danske Bank AS's overall GF Score™ is 63/100 with 7 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 Danske Bank AS (LTS:0NVC), the current Pretax Margin % is 54.35% 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 Danske Bank AS (LTS:0NVC) Overvalued in 2026?
Based on GuruFocus' analysis, Danske Bank AS stock appears to be overvalued.
The current stock price of kr346.10 is trading 49.1% above its estimated GF Value™ of kr232.17.
GuruFocus considers Danske Bank AS to be Significantly Overvalued.
Key valuation signals for LTS:0NVC:
Pretax Margin %: 54.35% (18% above median its 10-year median of 45.91)
GF Value™: kr232.17 vs. price of kr346.10 (49.1% above fair value)
Industry Position: 56.6% above the Banks median (#197 of 1530)
No single metric tells the full story. See the LTS:0NVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.
63GF Score
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