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Scotia Group Jamaica (XJAM:SGJ) Net Margin % : 34.74% (As of Apr. 2024)


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What is Scotia Group Jamaica Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Scotia Group Jamaica's Net Income for the three months ended in Apr. 2024 was JMD5,415 Mil. Scotia Group Jamaica's Revenue for the three months ended in Apr. 2024 was JMD15,587 Mil. Therefore, Scotia Group Jamaica's net margin for the quarter that ended in Apr. 2024 was 34.74%.

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

XJAM:SGJ' s Net Margin % Range Over the Past 10 Years
Min: 20.55   Med: 29.2   Max: 31.15
Current: 28


XJAM:SGJ's Net Margin % is ranked better than
52.79% of 1468 companies
in the Banks industry
Industry Median: 25.265 vs XJAM:SGJ: 28.00

Scotia Group Jamaica Net Margin % Historical Data

The historical data trend for Scotia Group Jamaica'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.

Scotia Group Jamaica Net Margin % Chart

Scotia Group Jamaica Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.32 20.55 21.27 24.09 31.15

Scotia Group Jamaica Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23 Jan24 Apr24
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 24.50 31.13 - 20.95 34.74

Competitive Comparison of Scotia Group Jamaica's Net Margin %

For the Banks - Regional subindustry, Scotia Group Jamaica'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.


Scotia Group Jamaica's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Scotia Group Jamaica's Net Margin % falls into.



Scotia Group Jamaica 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.

Scotia Group Jamaica's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=17228.629/55304.212
=31.15 %

Scotia Group Jamaica's Net Margin for the quarter that ended in Apr. 2024 is calculated as

Net Margin=Net Income (Q: Apr. 2024 )/Revenue (Q: Apr. 2024 )
=5415.142/15586.661
=34.74 %

* 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.


Scotia Group Jamaica  (XJAM:SGJ) 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.


Scotia Group Jamaica Net Margin % Related Terms

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Scotia Group Jamaica (XJAM:SGJ) Business Description

Traded in Other Exchanges
N/A
Address
Corner Duke and Port Royal Streets, P.O. Box 709, Scotiabank Centre, Kingston, JAM
Scotia Group Jamaica Ltd is a Jamaican financial holding company. It provides a range of financial services through its subsidiaries to personal, commercial, corporate, and government clients across Jamaica. The company has six business segments: Retail, Corporate and Commercial, Treasury, Investment Management Services, Insurance Services, and Others. It generates maximum revenue from the Retail banking segment. The retail banking segment includes personal banking services, personal deposit accounts, credit and debit cards, consumer loans, mortgages, and microfinance.

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