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CIBanco Institucion de Banca Multiple (MEX:FCFE18) Pretax Margin % : 4.74% (As of Mar. 2024)


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What is CIBanco Institucion de Banca Multiple Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CIBanco Institucion de Banca Multiple's Pre-Tax Income for the three months ended in Mar. 2024 was MXN76 Mil. CIBanco Institucion de Banca Multiple's Revenue for the three months ended in Mar. 2024 was MXN1,605 Mil. Therefore, CIBanco Institucion de Banca Multiple's pretax margin for the quarter that ended in Mar. 2024 was 4.74%.

The historical rank and industry rank for CIBanco Institucion de Banca Multiple's Pretax Margin % or its related term are showing as below:

MEX:FCFE18' s Pretax Margin % Range Over the Past 10 Years
Min: 9.51   Med: 11.81   Max: 17.5
Current: 10.62


MEX:FCFE18's Pretax Margin % is ranked worse than
88.34% of 1466 companies
in the Banks industry
Industry Median: 32.88 vs MEX:FCFE18: 10.62

CIBanco Institucion de Banca Multiple Pretax Margin % Historical Data

The historical data trend for CIBanco Institucion de Banca Multiple'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.

CIBanco Institucion de Banca Multiple Pretax Margin % Chart

CIBanco Institucion de Banca Multiple 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 16.75 10.08 9.51 13.28 11.77

CIBanco Institucion de Banca Multiple Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.49 7.76 8.53 19.90 4.74

Competitive Comparison of CIBanco Institucion de Banca Multiple's Pretax Margin %

For the Banks - Regional subindustry, CIBanco Institucion de Banca Multiple'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.


CIBanco Institucion de Banca Multiple's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CIBanco Institucion de Banca Multiple's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CIBanco Institucion de Banca Multiple's Pretax Margin % falls into.



CIBanco Institucion de Banca Multiple 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.

CIBanco Institucion de Banca Multiple'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 )
=781/6637
=11.77 %

CIBanco Institucion de Banca Multiple's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=76/1605
=4.74 %

* 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.


CIBanco Institucion de Banca Multiple  (MEX:FCFE18) 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.


CIBanco Institucion de Banca Multiple Pretax Margin % Related Terms

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CIBanco Institucion de Banca Multiple (MEX:FCFE18) Business Description

Traded in Other Exchanges
N/A
Address
Paseo De La Reforma 115, Piso 23, Lomas De Chapultepec, Mexico, MEX, 11000
CIBanco SA Institucion de Banca Multiple provides financial products and services. The company's services include investment management, investment services and wealth management.

CIBanco Institucion de Banca Multiple (MEX:FCFE18) Headlines

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