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Big Banc SplitTSX:BNK +1.68%53 Pretax Margin % is 99.00% as of Dec. 2025, which is 1% above its 10-year median of 98.21. GuruFocus rates TSX:BNK with a GF Score™ of 53/100 and a GF Value™ of C$41.39 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,571 Asset Management companies, Big Banc Split ranks better than 73.46% on this metric.
The historical rank and industry rank for Big Banc Split's Pretax Margin % or its related term are showing as below:
TSX:BNK'
s Pretax Margin % Range Over the Past 10 Years
Min: 71.36 Med: 98.21 Max: 103.58
Current: 98.81
TSX:BNK's Pretax Margin % is ranked better than 73.46% of 1571
companies
in the Asset Management industry
Industry Median: 89.85
vs TSX:BNK: 98.81
Big Banc Split (TSX:BNK) 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.
Big Banc Split Pretax Margin % Related Terms
Big Banc Split Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Big Banc Split'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.
TSX:BNK vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Big Banc Split'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.
Big Banc Split Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Big Banc Split's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Big Banc Split'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.
Big Banc Split (TSX:BNK) has a Pretax Margin % of 99.00% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Big Banc Split and its competitors. This is near median its historical median of 98.21. Over the past decade, Big Banc Split's Pretax Margin % has ranged from 71.36 to 103.58. According to the industry distribution chart, Big Banc Split ranks #417 out of 1571 companies in the Asset Management industry, placing it in the top 26.5%.
Is Big Banc Split's Pretax Margin % too high?
Big Banc Split's current Pretax Margin % of 99.00% is near median its 10-year median of 98.21. Over the past 10 years, this metric has ranged from a low of 71.36 to a high of 103.58. The Asset Management industry median Pretax Margin % is 89.85. Big Banc Split's value of 99.00% is 10.2% above this industry median. Based on the distribution chart, Big Banc Split ranks #417 out of 1571 companies in the Asset Management industry, which is above the industry midpoint. Overall, Big Banc Split has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Big Banc Split's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Big Banc Split ranks #417 out of 1571 companies for Pretax Margin %. This puts Big Banc Split in the upper half of its industry. The industry median Pretax Margin % is 89.85. Big Banc Split's value of 99.00% is 10.2% above this benchmark. Historically, Big Banc Split's own Pretax Margin % has ranged from 71.36 to 103.58 over the past decade. While the company's 10-year median is 98.21 vs. the industry median of 89.85, Big Banc Split has consistently been above the industry average. 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.85, based on 1,571 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. Big Banc Split's current Pretax Margin % of 99.00% is 10.2% 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 Big Banc Split and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Banc Split's current Pretax Margin % is 99.00%, which is near median its own 10-year median of 98.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Banc Split stock overvalued right now?
Based on GuruFocus' analysis, Big Banc Split (TSX:BNK) is currently considered Significantly Undervalued. The stock's GF Value™ is C$41.39, compared to a current price of C$19.35 — trading 53.2% below its estimated fair value. The current Pretax Margin % is 99.00%, which is near median its 10-year median of 98.21 and 10.2% above the Asset Management industry median of 89.85. Big Banc Split's overall GF Score™ is 53/100 with 3 warning signs to review. 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 Big Banc Split (TSX:BNK), the current Pretax Margin % is 99.00% as of Dec. 2025. 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.
Is Big Banc Split (TSX:BNK) Overvalued in 2026?
Based on GuruFocus' analysis, Big Banc Split stock appears to be undervalued.
The current stock price of C$19.35 is trading 53.2% below its estimated GF Value™ of C$41.39.
GuruFocus considers Big Banc Split to be Significantly Undervalued.
Key valuation signals for TSX:BNK:
Pretax Margin %: 99.00% (near median its 10-year median of 98.21)
GF Value™: C$41.39 vs. price of C$19.35 (53.2% below fair value)
Industry Position: 10.2% above the Asset Management median (#417 of 1571)
No single metric tells the full story. See the TSX:BNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Big Banc Split Corp is a mutual fund corporation. Its investment objectives include providing its holders with regular monthly non-cumulative and cumulative cash distributions to its Class A and preference shareholders. The fund invests on an approximately equally-weighted basis in a portfolio of equity securities of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank.
53GF Score
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