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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Pretax Margin % : 55.74% (As of Jun. 2023)


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What is Mizrahi Tefahot Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mizrahi Tefahot Bank's Pre-Tax Income for the three months ended in Jun. 2023 was $599 Mil. Mizrahi Tefahot Bank's Revenue for the three months ended in Jun. 2023 was $1,075 Mil. Therefore, Mizrahi Tefahot Bank's pretax margin for the quarter that ended in Jun. 2023 was 55.74%.

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

MZTFF' s Pretax Margin % Range Over the Past 10 Years
Min: 32.01   Med: 37.94   Max: 54.28
Current: 54.28


MZTFF's Pretax Margin % is ranked better than
87.25% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs MZTFF: 54.28

Mizrahi Tefahot Bank Pretax Margin % Historical Data

The historical data trend for Mizrahi Tefahot 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.

Mizrahi Tefahot Bank Pretax Margin % Chart

Mizrahi Tefahot 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 40.76 33.16 49.08 52.57 52.57

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 52.34 52.02 56.51 55.74 -

Competitive Comparison of Mizrahi Tefahot Bank's Pretax Margin %

For the Banks - Regional subindustry, Mizrahi Tefahot 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.


Mizrahi Tefahot Bank's Pretax Margin % Distribution in the Banks Industry

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

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



Mizrahi Tefahot 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.

Mizrahi Tefahot 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 )
=2084.311/3964.71
=52.57 %

Mizrahi Tefahot 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 )
=599.091/1074.706
=55.74 %

* 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.


Mizrahi Tefahot Bank  (OTCPK:MZTFF) 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.


Mizrahi Tefahot Bank Pretax Margin % Related Terms

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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Headlines

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