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Jordan Kuwait Bank (AMM:JOKB) Net Margin % : 35.46% (As of Mar. 2024)


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What is Jordan Kuwait Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jordan Kuwait Bank's Net Income for the three months ended in Mar. 2024 was JOD30.6 Mil. Jordan Kuwait Bank's Revenue for the three months ended in Mar. 2024 was JOD86.4 Mil. Therefore, Jordan Kuwait Bank's net margin for the quarter that ended in Mar. 2024 was 35.46%.

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

AMM:JOKB' s Net Margin % Range Over the Past 10 Years
Min: -4.75   Med: 24.64   Max: 46.34
Current: 31.92


AMM:JOKB's Net Margin % is ranked better than
69.51% of 1453 companies
in the Banks industry
Industry Median: 25.27 vs AMM:JOKB: 31.92

Jordan Kuwait Bank Net Margin % Historical Data

The historical data trend for Jordan Kuwait 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.

Jordan Kuwait Bank Net Margin % Chart

Jordan Kuwait Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.63 -4.75 9.17 18.48 44.36

Jordan Kuwait Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.52 24.40 47.77 21.72 35.46

Competitive Comparison of Jordan Kuwait Bank's Net Margin %

For the Banks - Regional subindustry, Jordan Kuwait 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.


Jordan Kuwait Bank's Net Margin % Distribution in the Banks Industry

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

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



Jordan Kuwait 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.

Jordan Kuwait 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 )
=59.108/133.24
=44.36 %

Jordan Kuwait Bank's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=30.63/86.383
=35.46 %

* 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.


Jordan Kuwait Bank  (AMM:JOKB) 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.


Jordan Kuwait Bank Net Margin % Related Terms

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Jordan Kuwait Bank (AMM:JOKB) Business Description

Traded in Other Exchanges
N/A
Address
62 Ummaya Bin Abed Shams Street, P.O. Box 9776, Amman, JOR, 11191
Jordan Kuwait Bank provides banking and financial services. It offers Retail banking, Business Banking, Private Banking, and Treasury and Investment. The Bank conducts international operations through its branches in Cyprus and Palestine. The Bank offers individuals (retail) loans, real estate loans, and loans to large companies, small and medium enterprises (SMEs), and government and public sector companies. Also, offers current accounts, savings accounts, and fixed deposits. It offers automobile, housing, and student loans. It offers American Express, MasterCard, and Visa cards. The Bank performs its operations mainly in the Hashemite Kingdom of Jordan which represent local operations, and hence it generates most of its revenue from Jordan itself.

Jordan Kuwait Bank (AMM:JOKB) Headlines

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