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Sparebanken Ost (OSL:SPOG) Net Margin % : 36.70% (As of Dec. 2023)


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What is Sparebanken Ost Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sparebanken Ost's Net Income for the three months ended in Dec. 2023 was kr83.6 Mil. Sparebanken Ost's Revenue for the three months ended in Dec. 2023 was kr227.8 Mil. Therefore, Sparebanken Ost's net margin for the quarter that ended in Dec. 2023 was 36.70%.

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

OSL:SPOG' s Net Margin % Range Over the Past 10 Years
Min: 39.57   Med: 45.77   Max: 51.78
Current: 45.28


OSL:SPOG's Net Margin % is ranked better than
90.33% of 1458 companies
in the Banks industry
Industry Median: 25.07 vs OSL:SPOG: 45.28

Sparebanken Ost Net Margin % Historical Data

The historical data trend for Sparebanken Ost'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.

Sparebanken Ost Net Margin % Chart

Sparebanken Ost 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 43.18 51.78 47.51 39.76 44.87

Sparebanken Ost 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 38.00 45.31 50.78 48.32 36.70

Competitive Comparison of Sparebanken Ost's Net Margin %

For the Banks - Regional subindustry, Sparebanken Ost'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.


Sparebanken Ost's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Sparebanken Ost's Net Margin % falls into.



Sparebanken Ost 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.

Sparebanken Ost'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 )
=411.3/916.7
=44.87 %

Sparebanken Ost'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 )
=83.6/227.8
=36.70 %

* 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.


Sparebanken Ost  (OSL:SPOG) 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.


Sparebanken Ost Net Margin % Related Terms

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Sparebanken Ost (OSL:SPOG) Business Description

Traded in Other Exchanges
N/A
Address
Bragernes Torg 2, PO Box 67, Hokksund, Drammen, NOR, 3301
Sparebanken Øst is a savings bank in Norway. It offers banking products and services to retail and corporate customers in the areas of loans, payment services, insurance products, property management as well as advisory services. Its mission is to be a non-affiliated, independent and locally managed provider of financial services, to enable people in general, along with small and medium-sized enterprises, to exploit their financial resources in the best possible manner.

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