Suruga Bank (Suruga Bank) Net Margin %

: 18.80% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Suruga Bank's Net Income for the three months ended in Dec. 2023 was $27.1 Mil. Suruga Bank's Revenue for the three months ended in Dec. 2023 was $144.4 Mil. Therefore, Suruga Bank's net margin for the quarter that ended in Dec. 2023 was 18.80%.

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

SUGBY' s Net Margin % Range Over the Past 10 Years
Min: -79.39 Med: 25.56 Max: 34.22
Current: 6.24

SUGBY's Net Margin % is ranked worse than
90.47% of 1459 companies
in the Banks industry
Industry Median: 25.5 vs SUGBY: 6.24

Suruga Bank Net Margin % Historical Data

The historical data trend for Suruga 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.

Suruga Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Net Margin %

-79.39

25.49

25.62

10.78

18.95

Suruga Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																26.31	125.59	19.19	29.92	18.80

Competitive Comparison

For the Banks - Regional subindustry, Suruga 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.

Suruga Bank Net Margin % Distribution

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

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

Suruga 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.

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

Net Margin	=	Net Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	79.124	/	417.494
	=	18.95 %

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

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	27.142	/	144.394
	=	18.80 %

Suruga Bank (OTCPK:SUGBY) 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.

Suruga Bank Net Margin % Related Terms

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Suruga Bank (Suruga Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Suruga Bank Ltd (OTCPK:SUGBY) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

8358:Japan URU:Germany

Address

23 Toriyoko-cho, Numazu, JPN

Website

http://www.surugabank.co.jp

Suruga Bank Ltd. is a regional bank in the Kanto area. The company divides its operations into five core businesses: personal loans, housing loans, asset management, life support, and small- to medium-size corporate lending. Specifically, this includes deposits, loans, foreign exchange transactions, leasing, letters of credit, and credit card services. Within their loan business, Suruga caters to consumers, allowing them to access more credit to work on projects such as renovations and refurbishment in addition to traditional housing loans. The company earns the majority of its revenue from housing loans. The bank operates primarily in Shizuoka and Kanagawa.

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