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ING Bank Slaski (WAR:ING) Net Margin % : 37.87% (As of Sep. 2024)


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What is ING Bank Slaski Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ING Bank Slaski's Net Income for the three months ended in Sep. 2024 was zł1,102 Mil. ING Bank Slaski's Revenue for the three months ended in Sep. 2024 was zł2,910 Mil. Therefore, ING Bank Slaski's net margin for the quarter that ended in Sep. 2024 was 37.87%.

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

WAR:ING' s Net Margin % Range Over the Past 10 Years
Min: 21.46   Med: 29.23   Max: 41.66
Current: 38.42


WAR:ING's Net Margin % is ranked better than
81.62% of 1551 companies
in the Banks industry
Industry Median: 24.97 vs WAR:ING: 38.42

ING Bank Slaski Net Margin % Historical Data

The historical data trend for ING Bank Slaski'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.

ING Bank Slaski Net Margin % Chart

ING Bank Slaski 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 28.55 21.46 33.57 22.24 41.66

ING Bank Slaski 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 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 43.66 43.60 36.08 35.82 37.87

Competitive Comparison of ING Bank Slaski's Net Margin %

For the Banks - Regional subindustry, ING Bank Slaski'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.


ING Bank Slaski's Net Margin % Distribution in the Banks Industry

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

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


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ING Bank Slaski 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.

ING Bank Slaski'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 )
=4440.9/10659.6
=41.66 %

ING Bank Slaski'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 )
=1102/2909.7
=37.87 %

* 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.


ING Bank Slaski  (WAR:ING) 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.


ING Bank Slaski Net Margin % Related Terms

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ING Bank Slaski Business Description

Traded in Other Exchanges
Address
Sokolska Street 34, Katowice, POL, 40-086
ING Bank Slaski SA offers a broad range of banking services rendered to individual and institutional clients in line with the scope of services outlined in the Bank's charter. The Bank runs operations both in the home currency and in foreign currencies. Additionally, through subsidiaries, the Group conducts leasing and factoring activity, advisory and acts as a financial intermediary as well as provides other financial services. The Group's business model includes the division of clients into two main segments namely the retail banking segment and corporate banking segment. The Group pursues business within the territory of the Republic of Poland.