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Danske Bank AS (OCSE:DANSKE) Net Margin % : 41.53% (As of Jun. 2024)


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What is Danske Bank AS Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Danske Bank AS's Net Income for the three months ended in Jun. 2024 was kr5,839 Mil. Danske Bank AS's Revenue for the three months ended in Jun. 2024 was kr14,060 Mil. Therefore, Danske Bank AS's net margin for the quarter that ended in Jun. 2024 was 41.53%.

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

OCSE:DANSKE' s Net Margin % Range Over the Past 10 Years
Min: -10.4   Med: 30.16   Max: 41.79
Current: 39.88


OCSE:DANSKE's Net Margin % is ranked better than
85.27% of 1602 companies
in the Banks industry
Industry Median: 24.5 vs OCSE:DANSKE: 39.88

Danske Bank AS Net Margin % Historical Data

The historical data trend for Danske Bank AS'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.

Danske Bank AS Net Margin % Chart

Danske Bank AS 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 32.87 9.88 27.28 -10.40 37.62

Danske Bank AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 38.89 38.67 38.96 40.39 41.53

Competitive Comparison of Danske Bank AS's Net Margin %

For the Banks - Regional subindustry, Danske Bank AS'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.


Danske Bank AS's Net Margin % Distribution in the Banks Industry

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

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



Danske Bank AS 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.

Danske Bank AS'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 )
=21262/56517
=37.62 %

Danske Bank AS's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=5839/14060
=41.53 %

* 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.


Danske Bank AS  (OCSE:DANSKE) 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.


Danske Bank AS Net Margin % Related Terms

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Danske Bank AS Business Description

Traded in Other Exchanges
Address
Holmens Kanal 2-12, Copenhagen, DNK, DK-1092
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.

Danske Bank AS Headlines

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