Bank of AfricaLSE:BOAR 50 Net Margin % is 19.99% as of Mar. 2026, which is 36% above its 10-year median of 14.75. GuruFocus rates LSE:BOAR with a GF Score™ of 50/100 and a GF Value™ of $8.41. The stock has 2 warning signs investors should review. Among 1,527 Banks companies, Bank of Africa ranks worse than 65.68% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Bank of Africa's Net Income for the
three
months ended in Mar. 2026 was $108 Mil. Bank of Africa's Revenue for the
three
months ended in Mar. 2026 was $541 Mil. Therefore, Bank of Africa's net margin for the quarter that ended in Mar. 2026 was 19.99%.
The historical rank and industry rank for Bank of Africa's Net Margin % or its related term are showing as below:
LSE:BOAR'
s Net Margin % Range Over the Past 10 Years
Min: 5.28 Med: 14.75 Max: 22.01
Current: 22.01
LSE:BOAR's Net Margin % is ranked worse than 65.68% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs LSE:BOAR: 22.01
Bank of Africa (LSE:BOAR) 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.
Bank of Africa Net Margin % Related Terms
Bank of Africa Net Margin % Historical Data
* Premium members only.
The historical data trend for Bank of Africa'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.
LSE:BOAR vs JPM, BAC, WFC: Net Margin % Comparison
For the Banks - Diversified subindustry, Bank of Africa'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.
Bank of Africa Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Africa's Net Margin % distribution charts can be found below:
* The bar in red indicates where Bank of Africa's Net Margin % falls into.
* 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.
Bank of Africa (LSE:BOAR) has a Net Margin % of 19.99% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Bank of Africa and its competitors. This is 36% above median its historical median of 14.75. Over the past decade, Bank of Africa's Net Margin % has ranged from 5.28 to 22.01. According to the industry distribution chart, Bank of Africa ranks #1003 out of 1527 companies in the Banks industry, placing it in the top 65.7%.
Is Bank of Africa's Net Margin % too high?
Bank of Africa's current Net Margin % of 19.99% is 36% above median its 10-year median of 14.75. Over the past 10 years, this metric has ranged from a low of 5.28 to a high of 22.01. The Banks industry median Net Margin % is 26.95. Bank of Africa's value of 19.99% is 25.8% below this industry median. Based on the distribution chart, Bank of Africa ranks #1003 out of 1527 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of Africa has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Bank of Africa's Net Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Africa ranks #1003 out of 1527 companies for Net Margin %. This places Bank of Africa in the lower half of its industry. The industry median Net Margin % is 26.95. Bank of Africa's value of 19.99% is 25.8% below this benchmark. Historically, Bank of Africa's own Net Margin % has ranged from 5.28 to 22.01 over the past decade. While the company's 10-year median is 14.75 vs. the industry median of 26.95, Bank of Africa has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Africa's current Net Margin % of 19.99% is 25.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Bank of Africa and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Africa's current Net Margin % is 19.99%, which is 36% above median its own 10-year median of 14.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Africa stock overvalued right now?
Bank of Africa (LSE:BOAR) has a current Net Margin % of 19.99%. The stock's GF Value™ is $8.41, compared to a current price of $7.37 — trading 12.4% below its estimated fair value. The current Net Margin % is 19.99%, which is 36% above median its 10-year median of 14.75 and 25.8% below the Banks industry median of 26.95. Bank of Africa's overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Bank of Africa (LSE:BOAR), the current Net Margin % is 19.99% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bank of Africa (LSE:BOAR) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Africa stock appears to be undervalued.
The current stock price of $7.37 is trading 12.4% below its estimated GF Value™ of $8.41.
Key valuation signals for LSE:BOAR:
Net Margin %: 19.99% (36% above median its 10-year median of 14.75)
GF Value™: $8.41 vs. price of $7.37 (12.4% below fair value)
Industry Position: 25.8% below the Banks median (#1003 of 1527)
No single metric tells the full story. See the LSE:BOAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Africa is a commercial bank operating in Morocco and multiple African countries, with additional offices in Europe, China, and Canada. It provides financial services to individuals, businesses, and public institutions, including banking, insurance, asset management, leasing, and investment services. Its offerings include accounts, cards, loans, and savings products. The bank operates through a network of subsidiaries and focuses on expanding its services to small and medium-sized enterprises and developing digital banking channels across its markets.
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