SBNY (Signature Bank) Pretax Margin %: 59.63% (As of Dec. 2022)


SBNY Signature Bank SBNY
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What is Signature Bank Pretax Margin %?

Signature Bank SBNY -23.86% 12 Pretax Margin % is 59.63% as of Dec. 2022. GuruFocus rates SBNY with a GF Score™ of 12/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Signature Bank's Pre-Tax Income for the three months ended in Dec. 2022 was $408 Mil. Signature Bank's Revenue for the three months ended in Dec. 2022 was $684 Mil. Therefore, Signature Bank's pretax margin for the quarter that ended in Dec. 2022 was 59.63%.

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


SBNY's Pretax Margin % is not ranked *
in the Banks industry.
Industry Median: 34.715
* Ranked among companies with meaningful Pretax Margin % only.

Signature Bank  (OTCPK:SBNY) 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.


Signature Bank Pretax Margin % Related Terms


Signature Bank Pretax Margin % Historical Data

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The historical data trend for Signature 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.

Signature Bank Pretax Margin % Chart

Signature Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.92 59.81 45.92 62.34 65.10

Signature Bank Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 66.49 67.75 68.80 64.54 59.63

SBNY vs FSWA, FSTF, SIVBQ: Pretax Margin % Comparison

For the Banks - Regional subindustry, Signature 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.


Signature Bank Pretax Margin % vs Banks Industry

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

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


SBNY
12GF Score
Signature Bank SBNY
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Signature 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.

Signature Bank's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=1755.404/2696.371
=65.10 %

Signature Bank's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=407.828/683.899
=59.63 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 59.63% mean?
Signature Bank (SBNY) has a Pretax Margin % of 59.63% as of Dec. 2022. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Signature Bank and its competitors.
Is Signature Bank's Pretax Margin % too high?
Signature Bank's current Pretax Margin % is 59.63%. The Banks industry median Pretax Margin % is 34.72. Signature Bank's value of 59.63% is 71.8% above this industry median. Overall, Signature Bank has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Signature Bank's Pretax Margin % compare to FSWA and FSTF?
Signature Bank's Pretax Margin % of 59.63% can be compared against companies in the Banks industry. The industry median Pretax Margin % is 34.72. Signature Bank's value of 59.63% is 71.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Signature Bank's current Pretax Margin % of 59.63% is 71.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Signature Bank and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signature Bank's current Pretax Margin % is 59.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Bank stock overvalued right now?
Signature Bank (SBNY) has a current Pretax Margin % of 59.63%. The current Pretax Margin % is 59.63% and 71.8% above the Banks industry median of 34.72. Signature Bank's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Signature Bank (SBNY), the current Pretax Margin % is 59.63% as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Signature Bank Business Description

Other Exchanges SBNYL.PFD:USA
Address 565 Fifth Avenue, New York, NY, USA, 10017
Signature Bank is a New York-based commercial bank. It is engaged in offering a wide range of business and personal banking products and services. The operating segments of the company are Commercial banking and Specialty finance. The company operates in New York and derives a majority of its revenue from the Commercial banking segment, which consists principally of commercial real estate lending, fund banking, venture banking, commercial and industrial lending, and commercial deposit gathering activities. Specialty Finance consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, municipal, and national franchise financing and leasing.
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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