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Al Ahli Bank Of Kuwait (KUW:ABK) Pretax Margin % : 33.85% (As of Mar. 2024)


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What is Al Ahli Bank Of Kuwait Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Al Ahli Bank Of Kuwait's Pre-Tax Income for the three months ended in Mar. 2024 was KWD17.2 Mil. Al Ahli Bank Of Kuwait's Revenue for the three months ended in Mar. 2024 was KWD50.8 Mil. Therefore, Al Ahli Bank Of Kuwait's pretax margin for the quarter that ended in Mar. 2024 was 33.85%.

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

KUW:ABK' s Pretax Margin % Range Over the Past 10 Years
Min: -45.19   Med: 25.82   Max: 34.9
Current: 32.88


KUW:ABK's Pretax Margin % is ranked better than
50.07% of 1456 companies
in the Banks industry
Industry Median: 32.88 vs KUW:ABK: 32.88

Al Ahli Bank Of Kuwait Pretax Margin % Historical Data

The historical data trend for Al Ahli Bank Of Kuwait'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.

Al Ahli Bank Of Kuwait Pretax Margin % Chart

Al Ahli Bank Of Kuwait 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 20.01 -45.19 24.08 25.68 31.79

Al Ahli Bank Of Kuwait 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 29.59 36.14 23.85 38.00 33.85

Competitive Comparison of Al Ahli Bank Of Kuwait's Pretax Margin %

For the Banks - Regional subindustry, Al Ahli Bank Of Kuwait'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.


Al Ahli Bank Of Kuwait's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Al Ahli Bank Of Kuwait's Pretax Margin % falls into.



Al Ahli Bank Of Kuwait 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.

Al Ahli Bank Of Kuwait'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 )
=57.587/181.156
=31.79 %

Al Ahli Bank Of Kuwait'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 )
=17.21/50.844
=33.85 %

* 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.


Al Ahli Bank Of Kuwait  (KUW:ABK) 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.


Al Ahli Bank Of Kuwait Pretax Margin % Related Terms

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Al Ahli Bank Of Kuwait (KUW:ABK) Business Description

Traded in Other Exchanges
N/A
Address
Al Safat Square, Ahmed Al Jaber Street, P.O. Box 1387, Safat, Kuwait City, KWT, 13014
Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.

Al Ahli Bank Of Kuwait (KUW:ABK) Headlines

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