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Bank of Africa (LSE:BOAR) Net Margin % : 13.78% (As of Dec. 2023)


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What is Bank of Africa Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bank of Africa's Net Income for the three months ended in Dec. 2023 was $62 Mil. Bank of Africa's Revenue for the three months ended in Dec. 2023 was $452 Mil. Therefore, Bank of Africa's net margin for the quarter that ended in Dec. 2023 was 13.78%.

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

LSE:BOAR' s Net Margin % Range Over the Past 10 Years
Min: 5.28   Med: 14.51   Max: 16.66
Current: 15.08


LSE:BOAR's Net Margin % is ranked worse than
77.09% of 1458 companies
in the Banks industry
Industry Median: 25.215 vs LSE:BOAR: 15.08

Bank of Africa Net Margin % Historical Data

The historical data trend for Bank of Africa'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.

Bank of Africa Net Margin % Chart

Bank of Africa 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 13.77 5.28 14.02 14.34 15.08

Bank of Africa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.28 13.39 19.60 13.40 13.78

Competitive Comparison of Bank of Africa's Net Margin %

For the Banks - Diversified subindustry, Bank of Africa'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.


Bank of Africa's Net Margin % Distribution in the Banks Industry

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

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



Bank of Africa 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.

Bank of Africa'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 )
=262.994/1744.165
=15.08 %

Bank of Africa'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 )
=62.284/452.122
=13.78 %

* 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.


Bank of Africa  (LSE:BOAR) 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.


Bank of Africa Net Margin % Related Terms

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Bank of Africa (LSE:BOAR) Business Description

Traded in Other Exchanges
Address
140 Avenue Hassan II, Casablanca, MAR, 20000
Bank of Africa, formerly Banque Marocaine Du Commerce Exterieur SA is a full-service commercial bank with operations in Morocco and neighboring countries in Africa but also in Europe, China, and Canada. It offers a range of financial services to individual, corporate, and professional clients, including banking, insurance, and asset management. Its products include accounts, credit cards, loans, and other savings and investment products. The bank focuses on developing its core business with stronger market penetration of small and medium-sized businesses and younger customers.

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