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Banco Provincial (CAR:BPV) Net Margin % : 44.30% (As of Jun. 2023)


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What is Banco Provincial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Banco Provincial's Net Income for the six months ended in Jun. 2023 was VES1,594 Mil. Banco Provincial's Revenue for the six months ended in Jun. 2023 was VES3,599 Mil. Therefore, Banco Provincial's net margin for the quarter that ended in Jun. 2023 was 44.30%.

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

CAR:BPV' s Net Margin % Range Over the Past 10 Years
Min: 19.78   Med: 33.31   Max: 54.5
Current: 54.5


CAR:BPV's Net Margin % is ranked better than
96.16% of 1458 companies
in the Banks industry
Industry Median: 25.33 vs CAR:BPV: 54.50

Banco Provincial Net Margin % Historical Data

The historical data trend for Banco Provincial'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 Provincial Net Margin % Chart

Banco Provincial Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.64 27.08 33.31 19.78 43.21

Banco Provincial Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 30.73 -3.96 13.92 131.47 44.30

Competitive Comparison of Banco Provincial's Net Margin %

For the Banks - Regional subindustry, Banco Provincial'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 Provincial's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Banco Provincial's Net Margin % falls into.



Banco Provincial 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 Provincial's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=827.21/1914.511
=43.21 %

Banco Provincial'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 )
=1594.353/3599.273
=44.30 %

* 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 Provincial  (CAR:BPV) 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 Provincial Net Margin % Related Terms

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Banco Provincial (CAR:BPV) Business Description

Traded in Other Exchanges
N/A
Address
Urbanisation San Bernardino Avenue East West, Provincial Financial Center, Caracas, VEN
Banco Provincial SA operates as a bank in Venezuela. The company offers Current, Savings, Foreign currency accounts, mutual funds, Gold credit card, Classic Credit card, debit cards. It also provides various banking services which include personal loans, mortgage loan, vehicle loans, flexible credit to its customers in Venezuela.

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