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Commercial Bank of Dubai PSC (DFM:CBD) Pretax Margin % : 56.12% (As of Mar. 2024)


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What is Commercial Bank of Dubai PSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Commercial Bank of Dubai PSC's Pre-Tax Income for the three months ended in Mar. 2024 was د.إ770 Mil. Commercial Bank of Dubai PSC's Revenue for the three months ended in Mar. 2024 was د.إ1,372 Mil. Therefore, Commercial Bank of Dubai PSC's pretax margin for the quarter that ended in Mar. 2024 was 56.12%.

The historical rank and industry rank for Commercial Bank of Dubai PSC's Pretax Margin % or its related term are showing as below:

DFM:CBD' s Pretax Margin % Range Over the Past 10 Years
Min: 37.63   Med: 45.71   Max: 56.28
Current: 56.28


DFM:CBD's Pretax Margin % is ranked better than
89.16% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs DFM:CBD: 56.28

Commercial Bank of Dubai PSC Pretax Margin % Historical Data

The historical data trend for Commercial Bank of Dubai PSC'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.

Commercial Bank of Dubai PSC Pretax Margin % Chart

Commercial Bank of Dubai PSC 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 46.22 37.63 45.74 47.98 53.86

Commercial Bank of Dubai PSC 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 46.49 53.25 56.75 59.01 56.12

Competitive Comparison of Commercial Bank of Dubai PSC's Pretax Margin %

For the Banks - Regional subindustry, Commercial Bank of Dubai PSC'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.


Commercial Bank of Dubai PSC's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commercial Bank of Dubai PSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Commercial Bank of Dubai PSC's Pretax Margin % falls into.



Commercial Bank of Dubai PSC 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.

Commercial Bank of Dubai PSC'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 )
=2650.066/4920.314
=53.86 %

Commercial Bank of Dubai PSC'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 )
=770.096/1372.21
=56.12 %

* 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.


Commercial Bank of Dubai PSC  (DFM:CBD) 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.


Commercial Bank of Dubai PSC Pretax Margin % Related Terms

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Commercial Bank of Dubai PSC (DFM:CBD) Business Description

Traded in Other Exchanges
N/A
Address
Al Ittihad Street, P.O. Box 2668, Dubai, ARE
Commercial Bank of Dubai PSC is a banking firm operating in the United Arab Emirates. The company's operating segments include Institutional banking, Corporate banking, Personal banking, and Trading and Other. It generates maximum revenue from the Corporate banking segment. The company services include a current account, savings account, and deposits. Its borrowing services comprise personal loans, home loans, car loans, and credit card facilities of various types. Under its protection portfolio, the bank provides general insurance, life insurance and safe deposit services and its investment services include asset management, financial economy and international investment plans.

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