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Sterling Financial Holdings Co (NSA:STERLINGNG) Pretax Margin % : 28.95% (As of Dec. 2024)


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What is Sterling Financial Holdings Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sterling Financial Holdings Co's Pre-Tax Income for the three months ended in Dec. 2024 was ₦15,335 Mil. Sterling Financial Holdings Co's Revenue for the three months ended in Dec. 2024 was ₦52,966 Mil. Therefore, Sterling Financial Holdings Co's pretax margin for the quarter that ended in Dec. 2024 was 28.95%.

The historical rank and industry rank for Sterling Financial Holdings Co's Pretax Margin % or its related term are showing as below:

NSA:STERLINGNG' s Pretax Margin % Range Over the Past 10 Years
Min: 8.85   Med: 15.42   Max: 22.98
Current: 22.98


NSA:STERLINGNG's Pretax Margin % is ranked worse than
71.45% of 1583 companies
in the Banks industry
Industry Median: 32.65 vs NSA:STERLINGNG: 22.98

Sterling Financial Holdings Co Pretax Margin % Historical Data

The historical data trend for Sterling Financial Holdings Co'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.

Sterling Financial Holdings Co Pretax Margin % Chart

Sterling Financial Holdings Co 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 14.44 16.69 18.24 16.40 22.73

Sterling Financial Holdings Co 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 12.56 18.90 19.62 23.32 28.95

Competitive Comparison of Sterling Financial Holdings Co's Pretax Margin %

For the Banks - Regional subindustry, Sterling Financial Holdings Co'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.


Sterling Financial Holdings Co's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sterling Financial Holdings Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sterling Financial Holdings Co's Pretax Margin % falls into.


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Sterling Financial Holdings Co 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.

Sterling Financial Holdings Co'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 )
=44753/196930
=22.73 %

Sterling Financial Holdings Co'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 )
=15335/52966
=28.95 %

* 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.


Sterling Financial Holdings Co  (NSA:STERLINGNG) 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.


Sterling Financial Holdings Co Pretax Margin % Related Terms

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Sterling Financial Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Sterling Towers, 20 Marina, Lagos Island, Lagos, NGA, 017003270
Sterling Financial Holdings Co PLC operates as a commercial bank with an emphasis on retail and consumer banking, trade services, corporate, investment, and non-interest banking activities. Its principal activity is to carry on business as a nonoperating financial holding company investing in companies. It also provides wholesale banking services including the granting of loans and advances, letter of credit transactions, money market operations, electronic and mobile banking products and other banking activities.

Sterling Financial Holdings Co Headlines

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