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IFIC Bank (DHA:IFIC) Net Margin % : 12.81% (As of Jun. 2023)


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What is IFIC Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. IFIC Bank's Net Income for the three months ended in Jun. 2023 was BDT454 Mil. IFIC Bank's Revenue for the three months ended in Jun. 2023 was BDT3,545 Mil. Therefore, IFIC Bank's net margin for the quarter that ended in Jun. 2023 was 12.81%.

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

DHA:IFIC' s Net Margin % Range Over the Past 10 Years
Min: 12.9   Med: 19.24   Max: 25.98
Current: 23.73


DHA:IFIC's Net Margin % is ranked worse than
55.01% of 1458 companies
in the Banks industry
Industry Median: 25.11 vs DHA:IFIC: 23.73

IFIC Bank Net Margin % Historical Data

The historical data trend for IFIC Bank's Net 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.

IFIC Bank Net Margin % Chart

IFIC Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 25.98 12.90 17.82 22.45 19.71

IFIC Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Net 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 20.07 41.42 17.45 12.81 -

Competitive Comparison of IFIC Bank's Net Margin %

For the Banks - Regional subindustry, IFIC Bank's Net Margin %, along with its competitors' market caps and Net 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.


IFIC Bank's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where IFIC Bank's Net Margin % falls into.



IFIC Bank Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

IFIC Bank's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=3005.23/15244.105
=19.71 %

IFIC Bank's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=454.125/3544.671
=12.81 %

* 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.


IFIC Bank  (DHA:IFIC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


IFIC Bank Net Margin % Related Terms

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IFIC Bank (DHA:IFIC) Business Description

Traded in Other Exchanges
N/A
Address
IFIC Tower, 61 Purana Paltan, GPO Box : 2229, Dhaka, BGD, 1000
IFIC Bank PLC is a commercial banking company in Bangladesh. The company provides corporate banking, retail banking internet banking, and SME banking. The company is also engaged in Treasury and capital market offering Cash Management, Liquidity Planning, Liquidity Protection, Trading of Foreign Exchange and Money Market Instruments, and Risk Management. Its segments are Corporate; SME; Short term Agri credit; Consumer and Others. It derives interest income from the Conventional banking unit and Off-Shore banking unit.

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