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Ringkjoebing Landbobank A/S (OCSE:RILBA) Net Margin % : 57.94% (As of Mar. 2024)


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What is Ringkjoebing Landbobank A/S Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ringkjoebing Landbobank A/S's Net Income for the three months ended in Mar. 2024 was kr616 Mil. Ringkjoebing Landbobank A/S's Revenue for the three months ended in Mar. 2024 was kr1,063 Mil. Therefore, Ringkjoebing Landbobank A/S's net margin for the quarter that ended in Mar. 2024 was 57.94%.

The historical rank and industry rank for Ringkjoebing Landbobank A/S's Net Margin % or its related term are showing as below:

OCSE:RILBA' s Net Margin % Range Over the Past 10 Years
Min: 40.68   Med: 49.15   Max: 57.09
Current: 57.09


OCSE:RILBA's Net Margin % is ranked better than
97.2% of 1465 companies
in the Banks industry
Industry Median: 25.26 vs OCSE:RILBA: 57.09

Ringkjoebing Landbobank A/S Net Margin % Historical Data

The historical data trend for Ringkjoebing Landbobank A/S'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.

Ringkjoebing Landbobank A/S Net Margin % Chart

Ringkjoebing Landbobank A/S 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 44.96 42.17 50.16 53.33 56.35

Ringkjoebing Landbobank A/S 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 54.76 55.81 57.22 57.26 57.94

Competitive Comparison of Ringkjoebing Landbobank A/S's Net Margin %

For the Banks - Regional subindustry, Ringkjoebing Landbobank A/S'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.


Ringkjoebing Landbobank A/S's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ringkjoebing Landbobank A/S's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ringkjoebing Landbobank A/S's Net Margin % falls into.



Ringkjoebing Landbobank A/S 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.

Ringkjoebing Landbobank A/S'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 )
=2155.222/3824.921
=56.35 %

Ringkjoebing Landbobank A/S'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 )
=615.916/1062.953
=57.94 %

* 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.


Ringkjoebing Landbobank A/S  (OCSE:RILBA) 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.


Ringkjoebing Landbobank A/S Net Margin % Related Terms

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Ringkjoebing Landbobank A/S (OCSE:RILBA) Business Description

Traded in Other Exchanges
Address
Torvet 1, Ringkobing, DNK, 6950
Ringkjoebing Landbobank A/S is a bank that carries out its operating activities primarily in Denmark. A majority of the bank's core income is net interest income. Most of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain strong capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture.

Ringkjoebing Landbobank A/S (OCSE:RILBA) Headlines

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