GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Banorte SAB de CV (OTCPK:GBOOF) » Definitions » Pre-Tax Income

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Pre-Tax Income : $4,311 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Grupo Financiero BanorteB de CV Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Grupo Financiero BanorteB de CV's pretax income for the three months ended in Mar. 2024 was $1,213 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $4,311 Mil. Grupo Financiero BanorteB de CV's pretax margin was 34.78%.

During the past 13 years, Grupo Financiero BanorteB de CV's highest Pretax Margin was 36.10%. The lowest was 25.47%. And the median was 29.47%.


Grupo Financiero BanorteB de CV Pre-Tax Income Historical Data

The historical data trend for Grupo Financiero BanorteB de CV's Pre-Tax Income 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.

Grupo Financiero BanorteB de CV Pre-Tax Income Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,642.21 2,058.42 2,247.00 3,179.52 4,181.28

Grupo Financiero BanorteB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 984.47 1,055.91 1,032.34 1,010.03 1,212.71

Competitive Comparison of Grupo Financiero BanorteB de CV's Pre-Tax Income

For the Banks - Regional subindustry, Grupo Financiero BanorteB de CV's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Grupo Financiero BanorteB de CV's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero BanorteB de CV's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Grupo Financiero BanorteB de CV's Pre-Tax Income falls into.



Grupo Financiero BanorteB de CV Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Grupo Financiero BanorteB de CV's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+4181.275
=4,181

Grupo Financiero BanorteB de CV's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+1212.71
=1,213

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,311 Mil.

* 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.


Grupo Financiero BanorteB de CV  (OTCPK:GBOOF) Pre-Tax Income Explanation

Grupo Financiero BanorteB de CV's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=1212.71/3487.265
=34.78%

During the past 13 years, Grupo Financiero BanorteB de CV's highest Pretax Margin was 36.10%. The lowest was 25.47%. And the median was 29.47%.

* 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.


Grupo Financiero BanorteB de CV Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Grupo Financiero BanorteB de CV's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Business Description

Traded in Other Exchanges
Address
14th Floor, Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Headlines

From GuruFocus

Grupo Financiero Banorte SAB de CV's Dividend Analysis

By GuruFocus Research 10-18-2023

Banorte Presentation Now Available for On-Demand Viewing

By PRNewswire PRNewswire 04-16-2018