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Life & Banc Split (TSX:LBS) Pretax Margin % : 88.57% (As of Dec. 2023)


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What is Life & Banc Split Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Life & Banc Split's Pre-Tax Income for the six months ended in Dec. 2023 was C$40.30 Mil. Life & Banc Split's Revenue for the six months ended in Dec. 2023 was C$45.50 Mil. Therefore, Life & Banc Split's pretax margin for the quarter that ended in Dec. 2023 was 88.57%.

The historical rank and industry rank for Life & Banc Split's Pretax Margin % or its related term are showing as below:

TSX:LBS' s Pretax Margin % Range Over the Past 10 Years
Min: 92.59   Med: 98.92   Max: 131.88
Current: 92.59


TSX:LBS's Pretax Margin % is ranked better than
53.39% of 1667 companies
in the Asset Management industry
Industry Median: 89.59 vs TSX:LBS: 92.59

Life & Banc Split Pretax Margin % Historical Data

The historical data trend for Life & 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.

* Premium members only.

Life & Banc Split Pretax Margin % Chart

Life & Banc Split 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 98.34 102.51 99.08 105.02 92.59

Life & Banc Split Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 99.49 101.76 96.24 96.91 88.57

Competitive Comparison of Life & Banc Split's Pretax Margin %

For the Asset Management subindustry, Life & 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.


Life & Banc Split's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Life & Banc Split's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Life & Banc Split's Pretax Margin % falls into.



Life & Banc Split 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.

Life & Banc Split'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 )
=81.249/87.755
=92.59 %

Life & Banc Split'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 )
=40.302/45.501
=88.57 %

* 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.


Life & Banc Split  (TSX:LBS) 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.


Life & Banc Split Pretax Margin % Related Terms

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Life & Banc Split (TSX:LBS) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. Primarily, it invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.

Life & Banc Split (TSX:LBS) Headlines

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