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City Union Bank (NSE:CUB) Pretax Margin % : 44.31% (As of Mar. 2024)


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What is City Union Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. City Union Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₹3,198 Mil. City Union Bank's Revenue for the three months ended in Mar. 2024 was ₹7,218 Mil. Therefore, City Union Bank's pretax margin for the quarter that ended in Mar. 2024 was 44.31%.

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

NSE:CUB' s Pretax Margin % Range Over the Past 10 Years
Min: 24.57   Med: 41.01   Max: 44.03
Current: 42.96


NSE:CUB's Pretax Margin % is ranked better than
70.85% of 1465 companies
in the Banks industry
Industry Median: 32.88 vs NSE:CUB: 42.96

City Union Bank Pretax Margin % Historical Data

The historical data trend for City Union 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.

City Union Bank Pretax Margin % Chart

City Union Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.57 27.53 36.84 39.60 42.96

City Union 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 36.38 36.73 45.89 44.87 44.31

Competitive Comparison of City Union Bank's Pretax Margin %

For the Banks - Regional subindustry, City Union 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.


City Union Bank's Pretax Margin % Distribution in the Banks Industry

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

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



City Union 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.

City Union Bank's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=12307.309/28651.196
=42.96 %

City Union 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 )
=3198.186/7218.031
=44.31 %

* 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.


City Union Bank  (NSE:CUB) 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.


City Union Bank Pretax Margin % Related Terms

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City Union Bank (NSE:CUB) Business Description

Traded in Other Exchanges
Address
Number 24 - B, Gandhi Nagar, Narayana, Kumbakonam, Thanjavur, TN, IND, 612 001
City Union Bank Ltd is a provider of banking products and services to individuals and corporations in India. The company is based in India, and generates the entirety of its revenue domestically. City Union Bank operates through four segments: Corporate banking, Treasury, Retail Banking and Other Banking Operations. Of these, Retail Banking is the largest contributor to the bank's revenues. Services offered to clients include savings and current accounts, deposits, credit, foreign deposits, auto loans, educational loans, consumer and jewel loans, life insurance, general insurance and online banking services.

City Union Bank (NSE:CUB) Headlines