Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Renasant's Pre-Tax Income for the
three
months ended in Dec. 2024 was $49.8 Mil. Renasant's Revenue for the
three
months ended in Dec. 2024 was $167.1 Mil. Therefore, Renasant's pretax margin for the quarter that ended in Dec. 2024 was 29.77%.
The historical rank and industry rank for Renasant's Pretax Margin % or its related term are showing as below:
RNST'
s Pretax Margin % Range Over the Past 10 Years
Min: 15.67 Med: 33.8 Max: 36.98
Current: 36.98
RNST's Pretax Margin % is ranked better than 60.97% of 1540
companies
in the Banks industry
Industry Median: 32.525
vs RNST: 36.98
Renasant Pretax Margin % Historical Data
The historical data trend for Renasant'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.
Competitive Comparison of Renasant's Pretax Margin %
For the Banks - Regional subindustry, Renasant'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.
Renasant's Pretax Margin % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Renasant's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Renasant's Pretax Margin % falls into.
* 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.
Renasant (NYSE:RNST) 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.
Renasant Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Renasant's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: Community banks, Insurance, and Wealth management. With its Community banks segment, the company provides a range of financial services to individuals and small businesses. Its Insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The Wealth management segment provides a range of services, including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment.
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