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SpareBank 1 Sor Norge ASA (LTS:0Q57) Pretax Margin % : 58.34% (As of Dec. 2024)


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What is SpareBank 1 Sor Norge ASA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SpareBank 1 Sor Norge ASA's Pre-Tax Income for the three months ended in Dec. 2024 was kr1,741 Mil. SpareBank 1 Sor Norge ASA's Revenue for the three months ended in Dec. 2024 was kr2,984 Mil. Therefore, SpareBank 1 Sor Norge ASA's pretax margin for the quarter that ended in Dec. 2024 was 58.34%.

The historical rank and industry rank for SpareBank 1 Sor Norge ASA's Pretax Margin % or its related term are showing as below:

LTS:0Q57' s Pretax Margin % Range Over the Past 10 Years
Min: 32.67   Med: 60.59   Max: 67.5
Current: 66.8


LTS:0Q57's Pretax Margin % is ranked better than
95.65% of 1539 companies
in the Banks industry
Industry Median: 32.34 vs LTS:0Q57: 66.80

SpareBank 1 Sor Norge ASA Pretax Margin % Historical Data

The historical data trend for SpareBank 1 Sor Norge ASA'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.

SpareBank 1 Sor Norge ASA Pretax Margin % Chart

SpareBank 1 Sor Norge ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.67 64.23 64.97 67.14 66.83

SpareBank 1 Sor Norge ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 84.58 67.57 63.94 81.10 58.34

Competitive Comparison of SpareBank 1 Sor Norge ASA's Pretax Margin %

For the Banks - Regional subindustry, SpareBank 1 Sor Norge ASA'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.


SpareBank 1 Sor Norge ASA's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Sor Norge ASA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Sor Norge ASA's Pretax Margin % falls into.



SpareBank 1 Sor Norge ASA 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.

SpareBank 1 Sor Norge ASA's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=6415/9599
=66.83 %

SpareBank 1 Sor Norge ASA's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=1741/2984
=58.34 %

* 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.


SpareBank 1 Sor Norge ASA  (LTS:0Q57) 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.


SpareBank 1 Sor Norge ASA Pretax Margin % Related Terms

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SpareBank 1 Sor Norge ASA Business Description

Traded in Other Exchanges
Address
Christen Tranesgate 35, Stavanger, NOR, 4007
SpareBank 1 Sor Norge ASA is a regional bank engaged in selling and procuring a wide range of financial products and services, investment services, leasing, estate agency, and accounting services. The company is organized around three customer segments: Retail customers, SME and Agriculture, and Large Corporations. The company operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.

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