GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Indian Overseas Bank (NSE:IOB) » Definitions » Net Margin %

Indian Overseas Bank (NSE:IOB) Net Margin % : 15.45% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Indian Overseas Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Indian Overseas Bank's Net Income for the three months ended in Mar. 2024 was ₹8,104 Mil. Indian Overseas Bank's Revenue for the three months ended in Mar. 2024 was ₹52,449 Mil. Therefore, Indian Overseas Bank's net margin for the quarter that ended in Mar. 2024 was 15.45%.

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

NSE:IOB' s Net Margin % Range Over the Past 10 Years
Min: -104.38   Med: -21.33   Max: 17.19
Current: 17.19


NSE:IOB's Net Margin % is ranked worse than
71.17% of 1457 companies
in the Banks industry
Industry Median: 25.09 vs NSE:IOB: 17.19

Indian Overseas Bank Net Margin % Historical Data

The historical data trend for Indian Overseas 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.

Indian Overseas Bank Net Margin % Chart

Indian Overseas Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -104.38 6.66 15.23 17.00 17.19

Indian Overseas Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.65 16.09 18.10 19.77 15.45

Competitive Comparison of Indian Overseas Bank's Net Margin %

For the Banks - Regional subindustry, Indian Overseas 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.


Indian Overseas Bank's Net Margin % Distribution in the Banks Industry

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

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



Indian Overseas 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.

Indian Overseas Bank's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=26656.6/155044.7
=17.19 %

Indian Overseas Bank's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=8104.2/52449
=15.45 %

* 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.


Indian Overseas Bank  (NSE:IOB) 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.


Indian Overseas Bank Net Margin % Related Terms

Thank you for viewing the detailed overview of Indian Overseas Bank's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Indian Overseas Bank (NSE:IOB) Business Description

Traded in Other Exchanges
Address
No. 763, Anna Salai, Chennai, TN, IND, 600 002
Indian Overseas Bank is engaged in banking sector. The bank is based in India and has branches in several Asian countries. The majority of revenue is earned domestically. Its segments are corporate/wholesale banking, treasury, retail banking and other banking operations. The corporate/wholesale banking provides working capital finance, term loans and loans for the information technology sector. The Treasury segment offers asset management services, credit cards, settlement services, and locker facilities while the retail banking segment provides current accounts, term deposits, retail loans, mortgages, insurance, and Internet banking.

Indian Overseas Bank (NSE:IOB) Headlines

No Headlines