GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jaiz Bank PLC (NSA:JAIZBANK) » Definitions » Pretax Margin %

Jaiz Bank (NSA:JAIZBANK) Pretax Margin % : 51.86% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Jaiz Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Jaiz Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₦6,000 Mil. Jaiz Bank's Revenue for the three months ended in Mar. 2024 was ₦11,569 Mil. Therefore, Jaiz Bank's pretax margin for the quarter that ended in Mar. 2024 was 51.86%.

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

NSA:JAIZBANK' s Pretax Margin % Range Over the Past 10 Years
Min: 7.29   Med: 17.92   Max: 37.43
Current: 37.43


NSA:JAIZBANK's Pretax Margin % is ranked better than
60.36% of 1453 companies
in the Banks industry
Industry Median: 33.01 vs NSA:JAIZBANK: 37.43

Jaiz Bank Pretax Margin % Historical Data

The historical data trend for Jaiz 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.

* Premium members only.

Jaiz Bank Pretax Margin % Chart

Jaiz Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial 13.15 17.87 19.37 20.10 25.14

Jaiz Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 37.56 21.24 26.46 29.83 51.86

Competitive Comparison of Jaiz Bank's Pretax Margin %

For the Banks - Regional subindustry, Jaiz 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.


Jaiz Bank's Pretax Margin % Distribution in the Banks Industry

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

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



Jaiz 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.

Jaiz Bank's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=6632.735/26380.95
=25.14 %

Jaiz Bank'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 )
=6000.136/11569.438
=51.86 %

* 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.


Jaiz Bank  (NSA:JAIZBANK) 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.


Jaiz Bank Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Jaiz Bank's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jaiz Bank (NSA:JAIZBANK) Business Description

Traded in Other Exchanges
N/A
Address
No. 73 Ralph Shodeinde Street, Kano House, Central Business Area, Abuja, NGA
Jaiz Bank PLC is a full-fledged Non-Interest (Islamic) Bank in Nigeria. The company's business divisions include Retail Banking, and Corporate Banking. Its products and services include JAIZ Kids Savings Account, JAIZ Premium Savings Account, Working Capital Finance, Project Financing, JAIZ SMS Banking, JaizPay, JaizMobile and JaizOnline.

Jaiz Bank (NSA:JAIZBANK) Headlines

No Headlines