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Nordea Bank Abp (OHEL:NDA FI) Pretax Margin % : 54.27% (As of Sep. 2024)


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What is Nordea Bank Abp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nordea Bank Abp's Pre-Tax Income for the three months ended in Sep. 2024 was €1,634 Mil. Nordea Bank Abp's Revenue for the three months ended in Sep. 2024 was €3,011 Mil. Therefore, Nordea Bank Abp's pretax margin for the quarter that ended in Sep. 2024 was 54.27%.

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

OHEL:NDA FI' s Pretax Margin % Range Over the Past 10 Years
Min: 25.04   Med: 46.43   Max: 54.01
Current: 54.01


OHEL:NDA FI's Pretax Margin % is ranked better than
87.8% of 1533 companies
in the Banks industry
Industry Median: 31.73 vs OHEL:NDA FI: 54.01

Nordea Bank Abp Pretax Margin % Historical Data

The historical data trend for Nordea Bank Abp'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.

Nordea Bank Abp Pretax Margin % Chart

Nordea Bank Abp 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 25.04 34.89 51.11 49.21 54.00

Nordea Bank Abp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 58.51 48.38 57.35 55.74 54.27

Competitive Comparison of Nordea Bank Abp's Pretax Margin %

For the Banks - Regional subindustry, Nordea Bank Abp'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.


Nordea Bank Abp's Pretax Margin % Distribution in the Banks Industry

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

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



Nordea Bank Abp 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.

Nordea Bank Abp'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 )
=6338/11737
=54.00 %

Nordea Bank Abp's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=1634/3011
=54.27 %

* 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.


Nordea Bank Abp  (OHEL:NDA FI) 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.


Nordea Bank Abp Pretax Margin % Related Terms

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Nordea Bank Abp Business Description

Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

Nordea Bank Abp Headlines

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