mBankWAR:MBK +0.14%67 Net Margin % is 30.19% as of Mar. 2026, which is 63% above its 10-year median of 18.53. GuruFocus rates WAR:MBK with a GF Score™ of 67/100 and a GF Value™ of zł732.24 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,527 Banks companies, mBank ranks better than 59.86% on this metric.
Net margin is calculated as Net Income divided by its Revenue. mBank's Net Income for the
three
months ended in Mar. 2026 was zł953 Mil. mBank's Revenue for the
three
months ended in Mar. 2026 was zł3,157 Mil. Therefore, mBank's net margin for the quarter that ended in Mar. 2026 was 30.19%.
The historical rank and industry rank for mBank's Net Margin % or its related term are showing as below:
WAR:MBK'
s Net Margin % Range Over the Past 10 Years
Min: -18.76 Med: 18.53 Max: 29.8
Current: 29.8
WAR:MBK's Net Margin % is ranked better than 59.86% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs WAR:MBK: 29.80
mBank (WAR:MBK) 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.
mBank Net Margin % Related Terms
mBank Net Margin % Historical Data
* Premium members only.
The historical data trend for mBank'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.
For the Banks - Regional subindustry, mBank'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.
mBank Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, mBank's Net Margin % distribution charts can be found below:
* The bar in red indicates where mBank's Net Margin % falls into.
* 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.
mBank (WAR:MBK) has a Net Margin % of 30.19% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on mBank and its competitors. This is 63% above median its historical median of 18.53. According to the industry distribution chart, mBank ranks #613 out of 1527 companies in the Banks industry, placing it in the top 40.1%.
Is mBank's Net Margin % too high?
mBank's current Net Margin % of 30.19% is 63% above median its 10-year median of 18.53. The Banks industry median Net Margin % is 26.95. mBank's value of 30.19% is 12% above this industry median. Based on the distribution chart, mBank ranks #613 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, mBank has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does mBank's Net Margin % compare to PNC?
According to the Banks industry distribution chart, mBank ranks #613 out of 1527 companies for Net Margin %. This puts mBank in the upper half of its industry. The industry median Net Margin % is 26.95. mBank's value of 30.19% is 12% above this benchmark. While the company's 10-year median is 18.53 vs. the industry median of 26.95, mBank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. mBank's current Net Margin % of 30.19% is 12% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on mBank and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. mBank's current Net Margin % is 30.19%, which is 63% above median its own 10-year median of 18.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is mBank stock overvalued right now?
Based on GuruFocus' analysis, mBank (WAR:MBK) is currently considered Significantly Overvalued. The stock's GF Value™ is zł732.24, compared to a current price of zł1,412.00 — trading 92.8% above its estimated fair value. The current Net Margin % is 30.19%, which is 63% above median its 10-year median of 18.53 and 12% above the Banks industry median of 26.95. mBank's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For mBank (WAR:MBK), the current Net Margin % is 30.19% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is mBank (WAR:MBK) Overvalued in 2026?
Based on GuruFocus' analysis, mBank stock appears to be overvalued.
The current stock price of zł1,412.00 is trading 92.8% above its estimated GF Value™ of zł732.24.
GuruFocus considers mBank to be Significantly Overvalued.
Key valuation signals for WAR:MBK:
Net Margin %: 30.19% (63% above median its 10-year median of 18.53)
GF Value™: zł732.24 vs. price of zł1,412.00 (92.8% above fair value)
Industry Position: 12% above the Banks median (#613 of 1527)
No single metric tells the full story. See the WAR:MBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
mBank SA is a financial services group operating in Poland, as well as the Czech Republic and Slovakia. Its primary business is retail, corporate, and investment banking, but the company also conducts leasing, factoring, and wealth management operations, among other financial services. The group offers insurance policies through a strategic partnership. The bank plans to emphasize customer service, particularly in the development of its banking solutions. The group conducts its business segments in The Retail Banking segment, The Corporate and Investment Banking segment, The Treasury and Other segments, and the FX Mortgage Loans segment and the majority of its revenue is generated from the retail banking segment.
67GF Score
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