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Banco del Caribe CA Banco Universal (CAR:ABC.A) Net Margin % : 7.05% (As of Jun. 2024)


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What is Banco del Caribe CA Banco Universal Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Banco del Caribe CA Banco Universal's Net Income for the six months ended in Jun. 2024 was VES53 Mil. Banco del Caribe CA Banco Universal's Revenue for the six months ended in Jun. 2024 was VES758 Mil. Therefore, Banco del Caribe CA Banco Universal's net margin for the quarter that ended in Jun. 2024 was 7.05%.

The historical rank and industry rank for Banco del Caribe CA Banco Universal's Net Margin % or its related term are showing as below:

CAR:ABC.A' s Net Margin % Range Over the Past 10 Years
Min: 0.65   Med: 22.98   Max: 36.82
Current: 0.65


CAR:ABC.A's Net Margin % is ranked worse than
92.96% of 1534 companies
in the Banks industry
Industry Median: 24.98 vs CAR:ABC.A: 0.65

Banco del Caribe CA Banco Universal Net Margin % Historical Data

The historical data trend for Banco del Caribe CA Banco Universal'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.

Banco del Caribe CA Banco Universal Net Margin % Chart

Banco del Caribe CA Banco Universal Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 9.73 36.82 23.44 33.09 14.51

Banco del Caribe CA Banco Universal Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.04 103.37 22.78 -169.45 7.05

Competitive Comparison of Banco del Caribe CA Banco Universal's Net Margin %

For the Banks - Regional subindustry, Banco del Caribe CA Banco Universal'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.


Banco del Caribe CA Banco Universal's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco del Caribe CA Banco Universal's Net Margin % distribution charts can be found below:

* The bar in red indicates where Banco del Caribe CA Banco Universal's Net Margin % falls into.


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Banco del Caribe CA Banco Universal 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.

Banco del Caribe CA Banco Universal'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 )
=96.396/664.237
=14.51 %

Banco del Caribe CA Banco Universal's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=53.446/757.729
=7.05 %

* 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.


Banco del Caribe CA Banco Universal  (CAR:ABC.A) 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.


Banco del Caribe CA Banco Universal Net Margin % Related Terms

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Banco del Caribe CA Banco Universal Business Description

Traded in Other Exchanges
N/A
Address
Torre Bancaribe, Galipan Business Center, Av Francisco de Miranda, Urbanisation El Rosal, Municipio Chacao, Caracas, VEN, 1060
Banco del Caribe CA Banco Universal provides financial intermediation services. The Company is engaged in raising funds for the purpose of granting credit or loans, and other financial services operations.

Banco del Caribe CA Banco Universal Headlines

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