Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Net Margin % : 28.96% (As of Sep. 2024)

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What is Joint Stock Commercial Bank for Investment and Development of Vietnam Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Joint Stock Commercial Bank for Investment and Development of Vietnam's Net Income for the three months ended in Sep. 2024 was ₫5,151,318 Mil. Joint Stock Commercial Bank for Investment and Development of Vietnam's Revenue for the three months ended in Sep. 2024 was ₫17,786,377 Mil. Therefore, Joint Stock Commercial Bank for Investment and Development of Vietnam's net margin for the quarter that ended in Sep. 2024 was 28.96%.

The historical rank and industry rank for Joint Stock Commercial Bank for Investment and Development of Vietnam's Net Margin % or its related term are showing as below:

STC:BID' s Net Margin % Range Over the Past 10 Years
Min: 15.54 Med: 20.49 Max: 31.88
Current: 31.88

STC:BID's Net Margin % is ranked better than
70.78% of 1533 companies
in the Banks industry
Industry Median: 24.47 vs STC:BID: 31.88

Joint Stock Commercial Bank for Investment and Development of Vietnam Net Margin % Historical Data

The historical data trend for Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Net Margin % Chart

Joint Stock Commercial Bank for Investment and Development of Vietnam Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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19.55

15.54

18.71

27.91

30.66

Joint Stock Commercial Bank for Investment and Development of Vietnam Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Net Margin %	Get a 7-Day Free Trial															24.61	36.49	32.79	29.99	28.96

Competitive Comparison of Joint Stock Commercial Bank for Investment and Development of Vietnam's Net Margin %

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

Joint Stock Commercial Bank for Investment and Development of Vietnam's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Investment and Development of Vietnam's Net Margin % distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Investment and Development of Vietnam's Net Margin % falls into.

Joint Stock Commercial Bank for Investment and Development of Vietnam 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam'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 )
	=	21504918	/	70137117
	=	30.66 %

Joint Stock Commercial Bank for Investment and Development of Vietnam's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin	=	Net Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	5151318	/	17786377
	=	28.96 %

Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Net Margin % Related Terms

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Joint Stock Commercial Bank for Investment and Development of Vietnam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

BIDV Tower, 35 Hang Voi, Hoan Kiem, Hanoi, VNM

Website

http://www.bidv.com.vn

Joint Stock Commercial Bank for Investment and Development of Vietnam is one of the leading commercial banks based in Vietnam. It is a leading provider of products and modern banking services and utilities such as loans, deposits, savings and current account. Its secondary offerings include insurance products of all types such as life and non-life insurance. Its add on services include a variety of brokerage services, investment advice and contribution to established enterprises to invest various projects. The bank's distribution network spans predominantly across Vietnam and a few countries abroad such as Laos, Cambodia, Myanmar, Russia and Czech Republic.