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Surnadal Sparebank (OSL:SUSB) Pretax Margin % : 44.16% (As of Mar. 2021)


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What is Surnadal Sparebank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Surnadal Sparebank's Pre-Tax Income for the three months ended in Mar. 2021 was kr17.1 Mil. Surnadal Sparebank's Revenue for the three months ended in Mar. 2021 was kr38.8 Mil. Therefore, Surnadal Sparebank's pretax margin for the quarter that ended in Mar. 2021 was 44.16%.

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


OSL:SUSB's Pretax Margin % is not ranked *
in the Banks industry.
Industry Median: 32.77
* Ranked among companies with meaningful Pretax Margin % only.

Surnadal Sparebank Pretax Margin % Historical Data

The historical data trend for Surnadal Sparebank'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.

Surnadal Sparebank Pretax Margin % Chart

Surnadal Sparebank Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Pretax Margin %
44.84 48.32 54.24 53.25

Surnadal Sparebank Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 25.56 73.63 55.39 45.93 44.16

Competitive Comparison of Surnadal Sparebank's Pretax Margin %

For the Banks - Regional subindustry, Surnadal Sparebank'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.


Surnadal Sparebank's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Surnadal Sparebank's Pretax Margin % falls into.



Surnadal Sparebank 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.

Surnadal Sparebank's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=92.307/173.338
=53.25 %

Surnadal Sparebank's Pretax Margin for the quarter that ended in Mar. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2021 )/Revenue (Q: Mar. 2021 )
=17.136/38.808
=44.16 %

* 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.


Surnadal Sparebank  (OSL:SUSB) 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.


Surnadal Sparebank Pretax Margin % Related Terms

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Surnadal Sparebank (OSL:SUSB) Business Description

Traded in Other Exchanges
N/A
Address
Bardshaugvegen 7, Surnadal, NOR, 6650
Surnadal Sparebank is an independent saving bank. It is a medium-sized savings bank with a wide range of products and services within loans, placement, self-service solutions, cards, insurance and real estate.

Surnadal Sparebank (OSL:SUSB) Headlines

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