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JSC VTB Bank (MIC:VTBR) Pretax Margin % : 52.31% (As of Jun. 2023)


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What is JSC VTB Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. JSC VTB Bank's Pre-Tax Income for the three months ended in Jun. 2023 was ₽174,500 Mil. JSC VTB Bank's Revenue for the three months ended in Jun. 2023 was ₽333,600 Mil. Therefore, JSC VTB Bank's pretax margin for the quarter that ended in Jun. 2023 was 52.31%.

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

MIC:VTBR' s Pretax Margin % Range Over the Past 10 Years
Min: -430.45   Med: 17.09   Max: 52.31
Current: 52.31


MIC:VTBR's Pretax Margin % is ranked better than
85.43% of 1455 companies
in the Banks industry
Industry Median: 32.88 vs MIC:VTBR: 52.31

JSC VTB Bank Pretax Margin % Historical Data

The historical data trend for JSC VTB Bank'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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JSC VTB Bank Pretax Margin % Chart

JSC VTB Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.66 34.14 12.13 44.43 -430.45

JSC VTB Bank Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Jun23
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 45.85 47.41 33.54 - 52.31

Competitive Comparison of JSC VTB Bank's Pretax Margin %

For the Banks - Regional subindustry, JSC VTB Bank'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.


JSC VTB Bank's Pretax Margin % Distribution in the Banks Industry

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

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



JSC VTB Bank 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.

JSC VTB Bank's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-797200/185200
=-430.45 %

JSC VTB Bank's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=174500/333600
=52.31 %

* 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.


JSC VTB Bank  (MIC:VTBR) 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.


JSC VTB Bank Pretax Margin % Related Terms

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JSC VTB Bank (MIC:VTBR) Business Description

Traded in Other Exchanges
N/A
Address
11A Degtyarniy Lane, Saint Petersburg, RUS, 191144
JSC VTB Bank and its subsidiaries are providers of banking products and services, domiciled in the Russian Federation. The bank earns the majority of its revenue domestically. Its revenue driver of the bank is the corporate/investment banking segment, which offers services such as commercial lending, currencies, export and import transactions, securities trading, derivatives, broking, dealing, corporate finance, asset management, and financial consulting.

JSC VTB Bank (MIC:VTBR) Headlines

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