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SpareBank 1 SR Bank ASA (OSL:SRBNK) Net Margin % : 58.57% (As of Dec. 2023)


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What is SpareBank 1 SR Bank ASA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SpareBank 1 SR Bank ASA's Net Income for the three months ended in Dec. 2023 was kr1,503 Mil. SpareBank 1 SR Bank ASA's Revenue for the three months ended in Dec. 2023 was kr2,566 Mil. Therefore, SpareBank 1 SR Bank ASA's net margin for the quarter that ended in Dec. 2023 was 58.57%.

The historical rank and industry rank for SpareBank 1 SR Bank ASA's Net Margin % or its related term are showing as below:

OSL:SRBNK' s Net Margin % Range Over the Past 10 Years
Min: 28.54   Med: 47.51   Max: 55.53
Current: 52.9


OSL:SRBNK's Net Margin % is ranked better than
95.47% of 1458 companies
in the Banks industry
Industry Median: 25.49 vs OSL:SRBNK: 52.90

SpareBank 1 SR Bank ASA Net Margin % Historical Data

The historical data trend for SpareBank 1 SR Bank ASA'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.

SpareBank 1 SR Bank ASA Net Margin % Chart

SpareBank 1 SR Bank ASA 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 55.24 28.54 52.82 52.12 55.53

SpareBank 1 SR Bank ASA 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 55.49 48.09 51.32 51.65 58.57

Competitive Comparison of SpareBank 1 SR Bank ASA's Net Margin %

For the Banks - Regional subindustry, SpareBank 1 SR Bank ASA'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.


SpareBank 1 SR Bank ASA's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SR Bank ASA's Net Margin % distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SR Bank ASA's Net Margin % falls into.



SpareBank 1 SR Bank ASA 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.

SpareBank 1 SR Bank ASA'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 )
=4475/8059
=55.53 %

SpareBank 1 SR Bank ASA'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 )
=1503/2566
=58.57 %

* 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.


SpareBank 1 SR Bank ASA  (OSL:SRBNK) 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.


SpareBank 1 SR Bank ASA Net Margin % Related Terms

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SpareBank 1 SR Bank ASA (OSL:SRBNK) Business Description

Traded in Other Exchanges
Address
Christen Tranes Gate 35, Stavanger, NOR, 4007
SpareBank 1 SR Bank ASA is a Norwegian regional bank engaged in selling and procuring a wide range of financial products and services, investments services, leasing, estate agency and accounting services. The company is organized around three customer segments: 1) Retail customers, 2) SME and Agriculture, and 3) Large Corporates. The company primarily operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.

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