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Commerzbank AG (XTER:CBK) Pretax Margin % : 39.42% (As of Mar. 2024)


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What is Commerzbank AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Commerzbank AG's Pre-Tax Income for the three months ended in Mar. 2024 was €1,083 Mil. Commerzbank AG's Revenue for the three months ended in Mar. 2024 was €2,747 Mil. Therefore, Commerzbank AG's pretax margin for the quarter that ended in Mar. 2024 was 39.42%.

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

XTER:CBK' s Pretax Margin % Range Over the Past 10 Years
Min: -29.98   Med: 9.88   Max: 30.4
Current: 30.4


XTER:CBK's Pretax Margin % is ranked worse than
56.06% of 1461 companies
in the Banks industry
Industry Median: 32.76 vs XTER:CBK: 30.40

Commerzbank AG Pretax Margin % Historical Data

The historical data trend for Commerzbank AG'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.

Commerzbank AG Pretax Margin % Chart

Commerzbank AG 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 12.71 -29.98 1.09 19.30 28.81

Commerzbank AG 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 32.67 26.89 53.04 14.29 39.42

Competitive Comparison of Commerzbank AG's Pretax Margin %

For the Banks - Regional subindustry, Commerzbank AG'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.


Commerzbank AG's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Commerzbank AG's Pretax Margin % falls into.



Commerzbank AG 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.

Commerzbank AG'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 )
=3403/11812
=28.81 %

Commerzbank AG's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1083/2747
=39.42 %

* 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.


Commerzbank AG  (XTER:CBK) 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.


Commerzbank AG Pretax Margin % Related Terms

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Commerzbank AG (XTER:CBK) Business Description

Address
Kaiserplatz, Frankfurt, HE, DEU, 60261
Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.
Executives
Dr. Jörg Oliveri Del Castillo-schulz Board of Directors
Dr. Bettina Orlopp Board of Directors
Dr. Marcus Chromik Board of Directors
Dr. Manfred Knof Board of Directors
Thomas Schaufler Board of Directors
Andreas Schmitz Supervisory Board

Commerzbank AG (XTER:CBK) Headlines

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