GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The 77 Bank Ltd (TSE:8341) » Definitions » Net Margin %

The 77 Bank (TSE:8341) Net Margin % : 24.23% (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is The 77 Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. The 77 Bank's Net Income for the three months ended in Dec. 2023 was 円7,373 Mil. The 77 Bank's Revenue for the three months ended in Dec. 2023 was 円30,430 Mil. Therefore, The 77 Bank's net margin for the quarter that ended in Dec. 2023 was 24.23%.

The historical rank and industry rank for The 77 Bank's Net Margin % or its related term are showing as below:

TSE:8341' s Net Margin % Range Over the Past 10 Years
Min: 14.68   Med: 17.47   Max: 21.76
Current: 20.89


TSE:8341's Net Margin % is ranked worse than
64.11% of 1460 companies
in the Banks industry
Industry Median: 25.13 vs TSE:8341: 20.89

The 77 Bank Net Margin % Historical Data

The historical data trend for The 77 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.

The 77 Bank Net Margin % Chart

The 77 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 16.87 14.68 19.84 21.76 20.89

The 77 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 17.22 23.10 27.55 24.23 11.26

Competitive Comparison of The 77 Bank's Net Margin %

For the Banks - Regional subindustry, The 77 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.


The 77 Bank's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The 77 Bank's Net Margin % distribution charts can be found below:

* The bar in red indicates where The 77 Bank's Net Margin % falls into.



The 77 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.

The 77 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 )
=29802/142665
=20.89 %

The 77 Bank's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=7373/30430
=24.23 %

* 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.


The 77 Bank  (TSE:8341) 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.


The 77 Bank Net Margin % Related Terms

Thank you for viewing the detailed overview of The 77 Bank's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


The 77 Bank (TSE:8341) Business Description

Traded in Other Exchanges
N/A
Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

The 77 Bank (TSE:8341) Headlines

No Headlines