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Meezan Bank (KAR:MEBL) Pretax Margin % : 71.63% (As of Mar. 2024)


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What is Meezan Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meezan Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₨53,381 Mil. Meezan Bank's Revenue for the three months ended in Mar. 2024 was ₨74,521 Mil. Therefore, Meezan Bank's pretax margin for the quarter that ended in Mar. 2024 was 71.63%.

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

KAR:MEBL' s Pretax Margin % Range Over the Past 10 Years
Min: 33.82   Med: 46.02   Max: 70.95
Current: 70.95


KAR:MEBL's Pretax Margin % is ranked better than
97.12% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs KAR:MEBL: 70.95

Meezan Bank Pretax Margin % Historical Data

The historical data trend for Meezan Bank'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.

Meezan Bank Pretax Margin % Chart

Meezan Bank 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 49.11 49.80 57.81 63.62 69.11

Meezan Bank 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 61.95 67.50 71.57 72.19 71.63

Competitive Comparison of Meezan Bank's Pretax Margin %

For the Banks - Regional subindustry, Meezan Bank'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.


Meezan Bank's Pretax Margin % Distribution in the Banks Industry

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

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



Meezan Bank 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.

Meezan Bank'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 )
=172066.88/248958.591
=69.11 %

Meezan Bank'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 )
=53380.752/74521.25
=71.63 %

* 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.


Meezan Bank  (KAR:MEBL) 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.


Meezan Bank Pretax Margin % Related Terms

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Meezan Bank (KAR:MEBL) Business Description

Traded in Other Exchanges
N/A
Address
Meezan House C-25, Estate Avenue, SITE, Karachi, SD, PAK, 75730
Meezan Bank Ltd is an Islamic commercial bank registered in Pakistan. It is engaged in corporate, commercial, consumer, investment and retail banking activities. The group also provides credit facilities for import finance, export re-finance, long-term finance, documentary credit requirements and project financing needs of customers. In addition, it offers investment banking solutions, commercial banking as well as providing diverse financial solutions to small and medium enterprises. Its reportable segments are Corporate and Commercial Banking, Retail Banking, Trading and Sales, and Others. The Bank operates only in Pakistan.

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