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East West Banking (PHS:EW) Pretax Margin % : 21.47% (As of Mar. 2024)


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What is East West Banking Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. East West Banking's Pre-Tax Income for the three months ended in Mar. 2024 was ₱2,153 Mil. East West Banking's Revenue for the three months ended in Mar. 2024 was ₱10,028 Mil. Therefore, East West Banking's pretax margin for the quarter that ended in Mar. 2024 was 21.47%.

The historical rank and industry rank for East West Banking's Pretax Margin % or its related term are showing as below:

PHS:EW' s Pretax Margin % Range Over the Past 10 Years
Min: 17.04   Med: 22.93   Max: 29.43
Current: 22.31


PHS:EW's Pretax Margin % is ranked worse than
74.24% of 1456 companies
in the Banks industry
Industry Median: 32.88 vs PHS:EW: 22.31

East West Banking Pretax Margin % Historical Data

The historical data trend for East West Banking'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.

East West Banking Pretax Margin % Chart

East West Banking 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 29.43 20.27 25.15 23.23 22.62

East West Banking 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 22.52 25.42 23.60 18.43 21.47

Competitive Comparison of East West Banking's Pretax Margin %

For the Banks - Regional subindustry, East West Banking'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.


East West Banking's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, East West Banking's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where East West Banking's Pretax Margin % falls into.



East West Banking 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.

East West Banking'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 )
=7527.066/33281.808
=22.62 %

East West Banking'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 )
=2153.102/10028.11
=21.47 %

* 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.


East West Banking  (PHS:EW) 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.


East West Banking Pretax Margin % Related Terms

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East West Banking (PHS:EW) Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue Corner, 23rd Street, The Beaufort, Fort Bonifacio Global City, Taguig, PHL, 1634
East West Banking Corporation is a commercial bank providing financial services in the Philippines. The bank generates all revenue domestically. The bank operates through four segments: The retail banking segment offers traditional branch banking products and services such as deposits, back-to-back/emerging market loans, and other over-the-counter (OTC) transactions, The corporate banking segment handles lending and trade financing for both large corporations and middle-market clients, The consumer banking segment caters to loans for individuals, and Treasury and Trust segment consists of Treasury and Trust operations of the Group. The company derives the majority of its revenue from the consumer banking segment.