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Sogn Sparebank (STU:Y6M) Gross-Profit-to-Asset % : 2.82% (As of Mar. 2024)


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What is Sogn Sparebank Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Sogn Sparebank's annualized Gross Profit for the quarter that ended in Mar. 2024 was €18.98 Mil. Sogn Sparebank's average Total Assets over the quarter that ended in Mar. 2024 was €673.29 Mil. Therefore, Sogn Sparebank's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.82%.


Sogn Sparebank Gross-Profit-to-Asset % Historical Data

The historical data trend for Sogn Sparebank's Gross-Profit-to-Asset % 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.

Sogn Sparebank Gross-Profit-to-Asset % Chart

Sogn Sparebank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.32 2.32 2.53 2.95

Sogn Sparebank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 2.64 3.33 2.97 3.06 2.82

Competitive Comparison of Sogn Sparebank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Sogn Sparebank's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Sogn Sparebank's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sogn Sparebank's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sogn Sparebank's Gross-Profit-to-Asset % falls into.



Sogn Sparebank Gross-Profit-to-Asset % Calculation

Sogn Sparebank's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=20.155/( (692.637+674.953)/ 2 )
=20.155/683.795
=2.95 %

Sogn Sparebank's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=18.976/( (674.953+671.617)/ 2 )
=18.976/673.285
=2.82 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Sogn Sparebank Gross-Profit-to-Asset % Related Terms

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Sogn Sparebank (STU:Y6M) Business Description

Traded in Other Exchanges
Address
State Council Evensensveg 8, Årdalstangen, NOR, 6885
Sogn Sparebank operates as a local bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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