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Sparebank 1 Ostfold Akershus (OSL:SOAG) Pretax Margin % : 49.32% (As of Dec. 2023)


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What is Sparebank 1 Ostfold Akershus Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sparebank 1 Ostfold Akershus's Pre-Tax Income for the three months ended in Dec. 2023 was kr144 Mil. Sparebank 1 Ostfold Akershus's Revenue for the three months ended in Dec. 2023 was kr292 Mil. Therefore, Sparebank 1 Ostfold Akershus's pretax margin for the quarter that ended in Dec. 2023 was 49.32%.

The historical rank and industry rank for Sparebank 1 Ostfold Akershus's Pretax Margin % or its related term are showing as below:

OSL:SOAG' s Pretax Margin % Range Over the Past 10 Years
Min: 44.07   Med: 60.57   Max: 67.63
Current: 56.66


OSL:SOAG's Pretax Margin % is ranked better than
89.57% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs OSL:SOAG: 56.66

Sparebank 1 Ostfold Akershus Pretax Margin % Historical Data

The historical data trend for Sparebank 1 Ostfold Akershus'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.

Sparebank 1 Ostfold Akershus Pretax Margin % Chart

Sparebank 1 Ostfold Akershus 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 67.63 60.51 67.53 59.94 56.85

Sparebank 1 Ostfold Akershus 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 67.24 59.85 61.62 56.09 49.32

Competitive Comparison of Sparebank 1 Ostfold Akershus's Pretax Margin %

For the Banks - Regional subindustry, Sparebank 1 Ostfold Akershus'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.


Sparebank 1 Ostfold Akershus's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebank 1 Ostfold Akershus's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sparebank 1 Ostfold Akershus's Pretax Margin % falls into.



Sparebank 1 Ostfold Akershus 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.

Sparebank 1 Ostfold Akershus'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 )
=635/1117
=56.85 %

Sparebank 1 Ostfold Akershus'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 )
=144/292
=49.32 %

* 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.


Sparebank 1 Ostfold Akershus  (OSL:SOAG) 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.


Sparebank 1 Ostfold Akershus Pretax Margin % Related Terms

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Sparebank 1 Ostfold Akershus (OSL:SOAG) Business Description

Traded in Other Exchanges
N/A
Address
Kongensgate 21, Moss, NOR, 1501
Sparebank 1 Ostfold Akershus is a regional savings bank operating through SpareBank 1 Corp. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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