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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Net Margin % : 34.99% (As of Jun. 2023)


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What is Mizrahi Tefahot Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mizrahi Tefahot Bank's Net Income for the three months ended in Jun. 2023 was $379 Mil. Mizrahi Tefahot Bank's Revenue for the three months ended in Jun. 2023 was $1,082 Mil. Therefore, Mizrahi Tefahot Bank's net margin for the quarter that ended in Jun. 2023 was 34.99%.

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

MZTFF' s Net Margin % Range Over the Past 10 Years
Min: 17.59   Med: 22.84   Max: 34.34
Current: 34.34


MZTFF's Net Margin % is ranked better than
74.78% of 1459 companies
in the Banks industry
Industry Median: 25.06 vs MZTFF: 34.34

Mizrahi Tefahot Bank Net Margin % Historical Data

The historical data trend for Mizrahi Tefahot 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.

Mizrahi Tefahot Bank Net Margin % Chart

Mizrahi Tefahot 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 25.42 20.50 31.11 33.77 33.32

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 33.34 32.99 35.73 34.99 -

Competitive Comparison of Mizrahi Tefahot Bank's Net Margin %

For the Banks - Regional subindustry, Mizrahi Tefahot 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.


Mizrahi Tefahot Bank's Net Margin % Distribution in the Banks Industry

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

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



Mizrahi Tefahot 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.

Mizrahi Tefahot 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 )
=1329.713/3991.306
=33.32 %

Mizrahi Tefahot 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 )
=378.603/1081.915
=34.99 %

* 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.


Mizrahi Tefahot Bank  (OTCPK:MZTFF) 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.


Mizrahi Tefahot Bank Net Margin % Related Terms

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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Headlines

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