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Skandinaviska Enskilda Banken AB (OSTO:SEB A) Pretax Margin % : 58.29% (As of Jun. 2024)


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What is Skandinaviska Enskilda Banken AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Skandinaviska Enskilda Banken AB's Pre-Tax Income for the three months ended in Jun. 2024 was kr11,840 Mil. Skandinaviska Enskilda Banken AB's Revenue for the three months ended in Jun. 2024 was kr20,311 Mil. Therefore, Skandinaviska Enskilda Banken AB's pretax margin for the quarter that ended in Jun. 2024 was 58.29%.

The historical rank and industry rank for Skandinaviska Enskilda Banken AB's Pretax Margin % or its related term are showing as below:

OSTO:SEB A' s Pretax Margin % Range Over the Past 10 Years
Min: 34.52   Med: 48.73   Max: 59.98
Current: 58.95


OSTO:SEB A's Pretax Margin % is ranked better than
92.1% of 1532 companies
in the Banks industry
Industry Median: 31.935 vs OSTO:SEB A: 58.95

Skandinaviska Enskilda Banken AB Pretax Margin % Historical Data

The historical data trend for Skandinaviska Enskilda Banken AB'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.

Skandinaviska Enskilda Banken AB Pretax Margin % Chart

Skandinaviska Enskilda Banken AB 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 50.04 39.97 55.50 52.34 59.98

Skandinaviska Enskilda Banken AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 60.41 61.89 55.95 59.55 58.29

Competitive Comparison of Skandinaviska Enskilda Banken AB's Pretax Margin %

For the Banks - Regional subindustry, Skandinaviska Enskilda Banken AB'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.


Skandinaviska Enskilda Banken AB's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Skandinaviska Enskilda Banken AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Skandinaviska Enskilda Banken AB's Pretax Margin % falls into.



Skandinaviska Enskilda Banken AB 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.

Skandinaviska Enskilda Banken AB'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 )
=47963/79959
=59.98 %

Skandinaviska Enskilda Banken AB's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=11840/20311
=58.29 %

* 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.


Skandinaviska Enskilda Banken AB  (OSTO:SEB A) 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.


Skandinaviska Enskilda Banken AB Pretax Margin % Related Terms

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Skandinaviska Enskilda Banken AB Business Description

Address
Kungstradgardsgatan 8, Stockholm, SWE, SE-106 40
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and about small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and to a lesser extent private banking services to its clients.

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