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Ecobank Transnational (XBRV:ETIT) Net Margin % : 17.50% (As of Sep. 2024)


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What is Ecobank Transnational Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ecobank Transnational's Net Income for the three months ended in Sep. 2024 was XOF48,456 Mil. Ecobank Transnational's Revenue for the three months ended in Sep. 2024 was XOF276,894 Mil. Therefore, Ecobank Transnational's net margin for the quarter that ended in Sep. 2024 was 17.50%.

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

XBRV:ETIT' s Net Margin % Range Over the Past 10 Years
Min: -13.31   Med: 10.18   Max: 17.81
Current: 15.73


XBRV:ETIT's Net Margin % is ranked worse than
74.62% of 1533 companies
in the Banks industry
Industry Median: 24.47 vs XBRV:ETIT: 15.73

Ecobank Transnational Net Margin % Historical Data

The historical data trend for Ecobank Transnational'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.

Ecobank Transnational Net Margin % Chart

Ecobank Transnational Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.13 0.26 15.52 17.81 15.49

Ecobank Transnational 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 16.89 11.49 14.86 20.27 17.50

Competitive Comparison of Ecobank Transnational's Net Margin %

For the Banks - Regional subindustry, Ecobank Transnational'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.


Ecobank Transnational's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Ecobank Transnational's Net Margin % falls into.



Ecobank Transnational 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.

Ecobank Transnational'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 )
=184246.021/1189482.315
=15.49 %

Ecobank Transnational'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 )
=48456.224/276894.047
=17.50 %

* 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.


Ecobank Transnational  (XBRV:ETIT) 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.


Ecobank Transnational Net Margin % Related Terms

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Ecobank Transnational Business Description

Traded in Other Exchanges
Address
2365, Boulevard du Mono, Lome, TGO, 3261
Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Banking, Commercial Banking, and Consumer Banking. The company's geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.

Ecobank Transnational Headlines

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