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Saudi National Bank (SAU:1180) Net Margin %

: 55.63% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Saudi National Bank's Net Income for the three months ended in Dec. 2023 was ﷼4,963 Mil. Saudi National Bank's Revenue for the three months ended in Dec. 2023 was ﷼8,922 Mil. Therefore, Saudi National Bank's net margin for the quarter that ended in Dec. 2023 was 55.63%.

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

SAU:1180' s Net Margin % Range Over the Past 10 Years
Min: 43.06   Med: 52.21   Max: 55.75
Current: 55.75


SAU:1180's Net Margin % is ranked better than
96.65% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs SAU:1180: 55.75

Saudi National Bank Net Margin % Historical Data

The historical data trend for Saudi National Bank'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.

Saudi National Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.88 52.14 43.06 54.54 55.75

Saudi National Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 56.40 55.38 56.94 55.10 55.63

Competitive Comparison

For the Banks - Regional subindustry, Saudi National Bank'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.


Saudi National Bank Net Margin % Distribution

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

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



Saudi National Bank 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.

Saudi National Bank'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 )
=20009.968/35889.512
=55.75 %

Saudi National Bank'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 )
=4963.244/8922.166
=55.63 %

* 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.


Saudi National Bank  (SAU:1180) 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.


Saudi National Bank Net Margin % Related Terms

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Saudi National Bank (SAU:1180) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road, The Saudi National Bank Tower, King Abdullah Financial District, 3208 - Al Aqeeq District Unit No. 778, Riyadh, SAU, 13519 - 6676
Saudi National Bank is the largest financial institution in Saudi Arabia. It is engaged in the treasury and capital markets, asset management, brokerage, and investment banks. It has a presence in the Middle East, South Asia, and Turkey. Its operating segments include Retail Banking; Wholesale Banking; Capital Market; and International Banking. The majority of its revenue gets derived from the Retail segment.

Saudi National Bank (SAU:1180) Headlines

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