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Sohar International Bank (MUS:BKSB) Pretax Margin % : 50.79% (As of Mar. 2024)


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What is Sohar International Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sohar International Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ر.ع30.4 Mil. Sohar International Bank's Revenue for the three months ended in Mar. 2024 was ر.ع59.8 Mil. Therefore, Sohar International Bank's pretax margin for the quarter that ended in Mar. 2024 was 50.79%.

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

MUS:BKSB' s Pretax Margin % Range Over the Past 10 Years
Min: 25.75   Med: 37.85   Max: 47.25
Current: 46.76


MUS:BKSB's Pretax Margin % is ranked better than
77.02% of 1462 companies
in the Banks industry
Industry Median: 32.885 vs MUS:BKSB: 46.76

Sohar International Bank Pretax Margin % Historical Data

The historical data trend for Sohar International 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.

* Premium members only.

Sohar International Bank Pretax Margin % Chart

Sohar International Bank 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 38.92 25.75 30.46 28.23 44.56

Sohar International Bank 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 43.43 36.48 64.46 35.49 50.79

Competitive Comparison of Sohar International Bank's Pretax Margin %

For the Banks - Regional subindustry, Sohar International 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.


Sohar International Bank's Pretax Margin % Distribution in the Banks Industry

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

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



Sohar International 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.

Sohar International Bank'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 )
=73.161/164.182
=44.56 %

Sohar International Bank'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 )
=30.391/59.833
=50.79 %

* 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.


Sohar International Bank  (MUS:BKSB) 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.


Sohar International Bank Pretax Margin % Related Terms

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Sohar International Bank (MUS:BKSB) Business Description

Traded in Other Exchanges
N/A
Address
Hai Al Mina, P.O. Box 44, Muscat, OMN, 114
Sohar International Bank is engaged in commercial, investment, and Islamic banking through a network of commercial and Islamic banking branches within the Sultanate of Oman. The bank has four operating segments; Retail banking Includes loans to and deposits from retail customers, credit card, and fund transfer facilities, Wholesale banking includes loans to and deposits from large and mid-sector corporates, small & medium enterprises and trade finance customers, Investments, and Treasury, The head office includes the balance sheet, income and expense related items, and Islamic banking Includes Islamic financing activities, current accounts, unrestricted investment accounts and other products and services to corporate and individual customers under Shari'a principles.

Sohar International Bank (MUS:BKSB) Headlines