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Miteri Development Bank (XNEP:MDB) Pretax Margin % : 22.24% (As of Oct. 2024)


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What is Miteri Development Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Miteri Development Bank's Pre-Tax Income for the three months ended in Oct. 2024 was NPR10.5 Mil. Miteri Development Bank's Revenue for the three months ended in Oct. 2024 was NPR47.3 Mil. Therefore, Miteri Development Bank's pretax margin for the quarter that ended in Oct. 2024 was 22.24%.

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

XNEP:MDB' s Pretax Margin % Range Over the Past 10 Years
Min: 57.21   Med: 64.65   Max: 70
Current: 70


XNEP:MDB's Pretax Margin % is ranked better than
96.82% of 1542 companies
in the Banks industry
Industry Median: 31.9 vs XNEP:MDB: 70.00

Miteri Development Bank Pretax Margin % Historical Data

The historical data trend for Miteri Development 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.

Miteri Development Bank Pretax Margin % Chart

Miteri Development Bank Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.08 57.21 62.45 63.62 67.70

Miteri Development Bank Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 31.71 68.82 42.78 102.91 22.24

Competitive Comparison of Miteri Development Bank's Pretax Margin %

For the Banks - Regional subindustry, Miteri Development 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.


Miteri Development Bank's Pretax Margin % Distribution in the Banks Industry

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

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



Miteri Development 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.

Miteri Development Bank's Pretax Margin for the fiscal year that ended in Jul. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2024 )/Revenue (A: Jul. 2024 )
=225.734/333.446
=67.70 %

Miteri Development Bank's Pretax Margin for the quarter that ended in Oct. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=10.517/47.281
=22.24 %

* 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.


Miteri Development Bank  (XNEP:MDB) 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.


Miteri Development Bank Pretax Margin % Related Terms

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Miteri Development Bank Business Description

Traded in Other Exchanges
N/A
Address
Mahendrapath - 12, Dharan, NPL
Miteri Development Bank Ltd provides banking products and services. The company offers services including saving deposits, fixed deposits, and loans including small business loans, term loans, real estate loans, and loans against FD.