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Saudi National Bank (SAU:1180) Pretax Margin % : 61.76% (As of Dec. 2023)


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What is Saudi National Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Saudi National Bank's Pre-Tax Income for the three months ended in Dec. 2023 was ﷼5,510 Mil. Saudi National Bank's Revenue for the three months ended in Dec. 2023 was ﷼8,922 Mil. Therefore, Saudi National Bank's pretax margin for the quarter that ended in Dec. 2023 was 61.76%.

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

SAU:1180' s Pretax Margin % Range Over the Past 10 Years
Min: 49.14   Med: 54.84   Max: 63.45
Current: 63.45


SAU:1180's Pretax Margin % is ranked better than
94.04% of 1459 companies
in the Banks industry
Industry Median: 32.77 vs SAU:1180: 63.45

Saudi National Bank Pretax Margin % Historical Data

The historical data trend for Saudi National 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.

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Saudi National Bank Pretax Margin % Chart

Saudi National 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 62.18 58.95 49.14 62.45 63.45

Saudi National Bank 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 63.97 63.90 65.79 62.40 61.76

Competitive Comparison of Saudi National Bank's Pretax Margin %

For the Banks - Regional subindustry, Saudi National 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.


Saudi National Bank's Pretax Margin % Distribution in the Banks Industry

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

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



Saudi National 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.

Saudi National 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 )
=22772.574/35889.512
=63.45 %

Saudi National Bank'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 )
=5510.494/8922.166
=61.76 %

* 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.


Saudi National Bank  (SAU:1180) 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.


Saudi National Bank Pretax Margin % Related Terms

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Saudi National Bank (SAU:1180) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road, The Saudi National Bank Tower, King Abdullah Financial District, 3208 - Al Aqeeq District Unit No. 778, Riyadh, SAU, 13519 - 6676
Saudi National Bank is the largest financial institution in Saudi Arabia. It is engaged in the treasury and capital markets, asset management, brokerage, and investment banks. It has a presence in the Middle East, South Asia, and Turkey. Its operating segments include Retail Banking; Wholesale Banking; Capital Market; and International Banking. The majority of its revenue gets derived from the Retail segment.

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