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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Pretax Margin % : 70.63% (As of Mar. 2024)


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What is Banco Latinoamericano de Comercio Exterior Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Banco Latinoamericano de Comercio Exterior's Pre-Tax Income for the three months ended in Mar. 2024 was $51.3 Mil. Banco Latinoamericano de Comercio Exterior's Revenue for the three months ended in Mar. 2024 was $72.6 Mil. Therefore, Banco Latinoamericano de Comercio Exterior's pretax margin for the quarter that ended in Mar. 2024 was 70.63%.

The historical rank and industry rank for Banco Latinoamericano de Comercio Exterior's Pretax Margin % or its related term are showing as below:

BLX' s Pretax Margin % Range Over the Past 10 Years
Min: 16.18   Med: 63.31   Max: 71.97
Current: 71.97


BLX's Pretax Margin % is ranked better than
97.33% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs BLX: 71.97

Banco Latinoamericano de Comercio Exterior Pretax Margin % Historical Data

The historical data trend for Banco Latinoamericano de Comercio Exterior'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.

Banco Latinoamericano de Comercio Exterior Pretax Margin % Chart

Banco Latinoamericano de Comercio Exterior 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 68.71 63.81 61.68 62.98 70.01

Banco Latinoamericano de Comercio Exterior 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 62.45 64.60 63.74 94.66 70.63

Competitive Comparison of Banco Latinoamericano de Comercio Exterior's Pretax Margin %

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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.


Banco Latinoamericano de Comercio Exterior's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Latinoamericano de Comercio Exterior's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's Pretax Margin % falls into.



Banco Latinoamericano de Comercio Exterior 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.

Banco Latinoamericano de Comercio Exterior'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 )
=166.158/237.335
=70.01 %

Banco Latinoamericano de Comercio Exterior'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 )
=51.268/72.588
=70.63 %

* 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.


Banco Latinoamericano de Comercio Exterior  (NYSE:BLX) 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.


Banco Latinoamericano de Comercio Exterior Pretax Margin % Related Terms

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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Traded in Other Exchanges
Address
Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN
Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.