JSC VTB Bank (MIC:VTBR) Net Margin %: 44.64% (As of Jun. 2023)


MIC:VTBR JSC VTB Bank MIC:VTBR
17 GF Score
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What is JSC VTB Bank Net Margin %?

JSC VTB Bank MIC:VTBR -0.94% 17 Net Margin % is 44.64% as of Jun. 2023. GuruFocus rates MIC:VTBR with a GF Score™ of 17/100.

Net margin is calculated as Net Income divided by its Revenue. JSC VTB Bank's Net Income for the six months ended in Jun. 2023 was ₽285,000 Mil. JSC VTB Bank's Revenue for the six months ended in Jun. 2023 was ₽638,400 Mil. Therefore, JSC VTB Bank's net margin for the quarter that ended in Jun. 2023 was 44.64%.

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


MIC:VTBR's Net Margin % is not ranked *
in the Banks industry.
Industry Median: 26.95
* Ranked among companies with meaningful Net Margin % only.

JSC VTB Bank  (MIC:VTBR) 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.

JSC VTB Bank Net Margin % Related Terms

JSC VTB Bank Net Margin % Historical Data

* Premium members only.

The historical data trend for JSC VTB 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.

JSC VTB Bank Net Margin % Chart

JSC VTB Bank 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 21.77 27.27 10.90 36.32 -334.50

JSC VTB Bank Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 9.55 36.72 35.90 0.00 44.64

MIC:VTBR vs USB, PNC: Net Margin % Comparison

For the Banks - Regional subindustry, JSC VTB 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.

JSC VTB Bank Net Margin % vs Banks Industry

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

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


MIC:VTBR
17GF Score
JSC VTB Bank MIC:VTBR
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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JSC VTB 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.

JSC VTB Bank'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 )
=-619500/185200
=-334.50 %

JSC VTB Bank'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 )
=285000/638400
=44.64 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 44.64% mean?
JSC VTB Bank (MIC:VTBR) has a Net Margin % of 44.64% as of Jun. 2023. Net margin is the ratio of total net income to net sales. View historical data on JSC VTB Bank and its competitors.
Is JSC VTB Bank's Net Margin % too high?
JSC VTB Bank's current Net Margin % is 44.64%. The Banks industry median Net Margin % is 26.95. JSC VTB Bank's value of 44.64% is 65.6% above this industry median. Overall, JSC VTB Bank has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does JSC VTB Bank's Net Margin % compare to USB and PNC?
JSC VTB Bank's Net Margin % of 44.64% can be compared against companies in the Banks industry. The industry median Net Margin % is 26.95. JSC VTB Bank's value of 44.64% is 65.6% above this benchmark. 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. JSC VTB Bank's current Net Margin % of 44.64% is 65.6% above 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 JSC VTB Bank 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. JSC VTB Bank's current Net Margin % is 44.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSC VTB Bank stock overvalued right now?
JSC VTB Bank (MIC:VTBR) has a current Net Margin % of 44.64%. The current Net Margin % is 44.64% and 65.6% above the Banks industry median of 26.95. JSC VTB Bank's overall GF Score™ is 17/100. 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 JSC VTB Bank (MIC:VTBR), the current Net Margin % is 44.64% as of Jun. 2023. 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.

JSC VTB Bank Business Description

Address 11A Degtyarniy Lane, Saint Petersburg, RUS, 191144
JSC VTB Bank and its subsidiaries are providers of banking products and services, domiciled in the Russian Federation. The bank earns the majority of its revenue domestically. Its revenue driver of the bank is the corporate/investment banking segment, which offers services such as commercial lending, currencies, export and import transactions, securities trading, derivatives, broking, dealing, corporate finance, asset management, and financial consulting.
17GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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