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Banner (Banner) Pretax Margin % : 35.49% (As of Dec. 2023)


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What is Banner Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Banner's Pre-Tax Income for the three months ended in Dec. 2023 was $53.3 Mil. Banner's Revenue for the three months ended in Dec. 2023 was $150.2 Mil. Therefore, Banner's pretax margin for the quarter that ended in Dec. 2023 was 35.49%.

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

BANR' s Pretax Margin % Range Over the Past 10 Years
Min: 22.47   Med: 32.4   Max: 40.61
Current: 34.32


BANR's Pretax Margin % is ranked better than
53.67% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs BANR: 34.32

Banner Pretax Margin % Historical Data

The historical data trend for Banner'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.

Banner Pretax Margin % Chart

Banner 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 32.54 23.79 40.61 38.60 36.86

Banner 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 42.44 32.36 36.75 35.49 32.55

Competitive Comparison of Banner's Pretax Margin %

For the Banks - Regional subindustry, Banner'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.


Banner's Pretax Margin % Distribution in the Banks Industry

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

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



Banner 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.

Banner'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 )
=227.087/616.124
=36.86 %

Banner'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 )
=53.318/150.244
=35.49 %

* 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.


Banner  (NAS:BANR) 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.


Banner Pretax Margin % Related Terms

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


Banner (Banner) Business Description

Traded in Other Exchanges
N/A
Address
10 South First Avenue, Walla Walla, WA, USA, 99362
Banner Corp is a bank holding company. It wholly owns one subsidiary bank, Banner Bank. The Bank's primary business is that of traditional banking institutions, accepting deposits and originating loans in locations surrounding its offices in Washington, Oregon, California and Idaho. Banner Bank also actively participates in the secondary mortgage market. A significant portion of the banks' portfolio is in residential construction and land loans to professional home builders and developers. Most of its revenue is net interest income.
Executives
Mclean James P.g. officer: Executive Vice President 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Karen Harrison officer: Executive VP, Banner Bank 10 S. FIRST AVENUE, WALLA WALLA WA 99362
Roberto R Herencia director P.O. BOX 9146, SAN JUAN PR 00908
John Clarence Pedersen director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Kevin F Riordan director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Robert Butterfield officer: Executive VP 10 S. FIRST AVENUE, WALLA WALLA WA 99362
Kenneth William Johnson officer: Executive VP, Banner Bank 235 E. MAIN STREET, MIDLAND MI 48640
Margot Copeland director 10 S. FIRST AVENUE, WALLA WALLA WA 99362
Paul J. Walsh director 10 S. FIRST AVENUE, WALLA WALLA WA 99362
David I Matson director C/O UNIONBANCAL CORP, 400 CALIFORNIA STREET, SAN FRANCISCO CA 94104
James M Costa officer: Executive VP, Banner Bank 200 LAKE STREET EAST, WAYZATA MN 55391-1693
Sherrey Luetjen officer: Executive VP 10 S. FIRST AVENUE, WALLA WALLA WA 99362
Peter Conner officer: Executive VP, Banner Bank 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Steven W Rust officer: Executive Vice President 10 SOUTH 1ST AVENUE, WALLA WALLA WA 99362
Ellen Rm Boyer director 111 NORTH WALL STREET, SPOKANE WA 99201