GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Chile (NYSE:BCH) » Definitions » Pretax Margin %

Banco De Chile (Banco De Chile) Pretax Margin % : 49.52% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Banco De Chile Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Banco De Chile's Pre-Tax Income for the three months ended in Dec. 2023 was $477 Mil. Banco De Chile's Revenue for the three months ended in Dec. 2023 was $963 Mil. Therefore, Banco De Chile's pretax margin for the quarter that ended in Dec. 2023 was 49.52%.

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

BCH' s Pretax Margin % Range Over the Past 10 Years
Min: 26.2   Med: 41.31   Max: 60.22
Current: 51.19


BCH's Pretax Margin % is ranked better than
84.1% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs BCH: 51.19

Banco De Chile Pretax Margin % Historical Data

The historical data trend for Banco De Chile'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.

Banco De Chile Pretax Margin % Chart

Banco De Chile 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 39.05 26.20 60.22 55.77 51.29

Banco De Chile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 56.83 47.48 55.85 51.99 49.52

Competitive Comparison of Banco De Chile's Pretax Margin %

For the Banks - Regional subindustry, Banco De Chile'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.


Banco De Chile's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Banco De Chile's Pretax Margin % falls into.



Banco De Chile 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.

Banco De Chile'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 )
=1738.384/3389.073
=51.29 %

Banco De Chile'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 )
=476.844/963.027
=49.52 %

* 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.


Banco De Chile  (NYSE:BCH) 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.


Banco De Chile Pretax Margin % Related Terms

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


Banco De Chile (Banco De Chile) Business Description

Traded in Other Exchanges
Address
Paseo Ahumada 251, Santiago, CHL
Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.

Banco De Chile (Banco De Chile) Headlines