GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Leumi Le-Israel BM (XTAE:LUMI) » Definitions » Pretax Margin %

Bank Leumi Le-Israel BM (XTAE:LUMI) Pretax Margin % : 63.28% (As of Sep. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Bank Leumi Le-Israel BM Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank Leumi Le-Israel BM's Pre-Tax Income for the three months ended in Sep. 2024 was ₪3,495 Mil. Bank Leumi Le-Israel BM's Revenue for the three months ended in Sep. 2024 was ₪5,523 Mil. Therefore, Bank Leumi Le-Israel BM's pretax margin for the quarter that ended in Sep. 2024 was 63.28%.

The historical rank and industry rank for Bank Leumi Le-Israel BM's Pretax Margin % or its related term are showing as below:

XTAE:LUMI' s Pretax Margin % Range Over the Past 10 Years
Min: 21.82   Med: 37.16   Max: 64.23
Current: 64.23


XTAE:LUMI's Pretax Margin % is ranked better than
94.46% of 1534 companies
in the Banks industry
Industry Median: 31.72 vs XTAE:LUMI: 64.23

Bank Leumi Le-Israel BM Pretax Margin % Historical Data

The historical data trend for Bank Leumi Le-Israel BM'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.

Bank Leumi Le-Israel BM Pretax Margin % Chart

Bank Leumi Le-Israel BM 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 40.30 26.91 59.65 63.30 56.67

Bank Leumi Le-Israel BM Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 49.16 52.70 67.48 71.57 63.28

Competitive Comparison of Bank Leumi Le-Israel BM's Pretax Margin %

For the Banks - Regional subindustry, Bank Leumi Le-Israel BM'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.


Bank Leumi Le-Israel BM's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Leumi Le-Israel BM's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Bank Leumi Le-Israel BM's Pretax Margin % falls into.



Bank Leumi Le-Israel BM 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.

Bank Leumi Le-Israel BM'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 )
=11901/21001
=56.67 %

Bank Leumi Le-Israel BM's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=3495/5523
=63.28 %

* 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.


Bank Leumi Le-Israel BM  (XTAE:LUMI) 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.


Bank Leumi Le-Israel BM Pretax Margin % Related Terms

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


Bank Leumi Le-Israel BM Business Description

Traded in Other Exchanges
Address
24-34 Yehuda Halevi Street, Tel Aviv, ISR, 65546
Bank Leumi Le-Israel BM is an Israeli banking and financial services company. The products and services offered by the company include consumer loans, mortgages, commercial banking services, and capital market services, among others. The company organizes itself into below operating segments: Banking; Mortgages; Commercial; Corporate banking; Real estate; Capital markets and Others. The company generates the majority of its revenue through the provision of banking and services to private customers and small businesses, and a vast majority of its revenue is earned in Israel.

Bank Leumi Le-Israel BM Headlines

No Headlines