GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The 77 Bank Ltd (TSE:8341) » Definitions » Pretax Margin %

The 77 Bank (TSE:8341) Pretax Margin % : 34.97% (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is The 77 Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The 77 Bank's Pre-Tax Income for the three months ended in Dec. 2023 was 円10,642 Mil. The 77 Bank's Revenue for the three months ended in Dec. 2023 was 円30,430 Mil. Therefore, The 77 Bank's pretax margin for the quarter that ended in Dec. 2023 was 34.97%.

The historical rank and industry rank for The 77 Bank's Pretax Margin % or its related term are showing as below:

TSE:8341' s Pretax Margin % Range Over the Past 10 Years
Min: 22.12   Med: 26.06   Max: 32.93
Current: 30.99


TSE:8341's Pretax Margin % is ranked worse than
54.69% of 1461 companies
in the Banks industry
Industry Median: 32.77 vs TSE:8341: 30.99

The 77 Bank Pretax Margin % Historical Data

The historical data trend for The 77 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.

The 77 Bank Pretax Margin % Chart

The 77 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 24.18 22.12 28.95 30.75 30.99

The 77 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 23.86 34.21 38.32 34.97 19.46

Competitive Comparison of The 77 Bank's Pretax Margin %

For the Banks - Regional subindustry, The 77 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.


The 77 Bank's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The 77 Bank's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where The 77 Bank's Pretax Margin % falls into.



The 77 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.

The 77 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 )
=44206/142665
=30.99 %

The 77 Bank's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=10642/30430
=34.97 %

* 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.


The 77 Bank  (TSE:8341) 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.


The 77 Bank Pretax Margin % Related Terms

Thank you for viewing the detailed overview of The 77 Bank's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


The 77 Bank (TSE:8341) Business Description

Traded in Other Exchanges
N/A
Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

The 77 Bank (TSE:8341) Headlines

No Headlines