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Spar Nord Bank A/S (LTS:0JH4) Net Margin % : 41.01% (As of Dec. 2023)


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What is Spar Nord Bank A/S Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Spar Nord Bank A/S's Net Income for the three months ended in Dec. 2023 was kr550 Mil. Spar Nord Bank A/S's Revenue for the three months ended in Dec. 2023 was kr1,341 Mil. Therefore, Spar Nord Bank A/S's net margin for the quarter that ended in Dec. 2023 was 41.01%.

The historical rank and industry rank for Spar Nord Bank A/S's Net Margin % or its related term are showing as below:

LTS:0JH4' s Net Margin % Range Over the Past 10 Years
Min: 19.03   Med: 28.69   Max: 43.8
Current: 43.41


LTS:0JH4's Net Margin % is ranked better than
87.59% of 1458 companies
in the Banks industry
Industry Median: 25.49 vs LTS:0JH4: 43.41

Spar Nord Bank A/S Net Margin % Historical Data

The historical data trend for Spar Nord Bank A/S'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.

Spar Nord Bank A/S Net Margin % Chart

Spar Nord Bank A/S 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 20.54 22.35 36.71 34.82 43.80

Spar Nord Bank A/S 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 41.88 41.72 43.89 46.64 41.01

Competitive Comparison of Spar Nord Bank A/S's Net Margin %

For the Banks - Regional subindustry, Spar Nord Bank A/S'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.


Spar Nord Bank A/S's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Spar Nord Bank A/S's Net Margin % distribution charts can be found below:

* The bar in red indicates where Spar Nord Bank A/S's Net Margin % falls into.



Spar Nord Bank A/S 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.

Spar Nord Bank A/S'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 )
=2421/5528
=43.80 %

Spar Nord Bank A/S'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 )
=550/1341
=41.01 %

* 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.


Spar Nord Bank A/S  (LTS:0JH4) 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.


Spar Nord Bank A/S Net Margin % Related Terms

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Spar Nord Bank A/S (LTS:0JH4) Business Description

Traded in Other Exchanges
Address
Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100
Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank A/S (LTS:0JH4) Headlines

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