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Bank Leumi Le-Israel BM (XTAE:LUMI) Net Margin % : 36.74% (As of Dec. 2023)


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What is Bank Leumi Le-Israel BM Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bank Leumi Le-Israel BM's Net Income for the three months ended in Dec. 2023 was ₪1,826 Mil. Bank Leumi Le-Israel BM's Revenue for the three months ended in Dec. 2023 was ₪4,970 Mil. Therefore, Bank Leumi Le-Israel BM's net margin for the quarter that ended in Dec. 2023 was 36.74%.

The historical rank and industry rank for Bank Leumi Le-Israel BM's Net Margin % or its related term are showing as below:

XTAE:LUMI' s Net Margin % Range Over the Past 10 Years
Min: 11.59   Med: 24.61   Max: 44.79
Current: 33.46


XTAE:LUMI's Net Margin % is ranked better than
71.72% of 1457 companies
in the Banks industry
Industry Median: 25.32 vs XTAE:LUMI: 33.46

Bank Leumi Le-Israel BM Net Margin % Historical Data

The historical data trend for Bank Leumi Le-Israel BM'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 Leumi Le-Israel BM Net Margin % Chart

Bank Leumi Le-Israel BM 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 26.26 16.20 38.91 44.79 33.46

Bank Leumi Le-Israel BM 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 43.96 19.62 43.07 33.11 36.74

Competitive Comparison of Bank Leumi Le-Israel BM's Net Margin %

For the Banks - Regional subindustry, Bank Leumi Le-Israel BM'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 Leumi Le-Israel BM's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Leumi Le-Israel BM's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bank Leumi Le-Israel BM's Net Margin % falls into.



Bank Leumi Le-Israel BM 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 Leumi Le-Israel BM'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 )
=7027/21001
=33.46 %

Bank Leumi Le-Israel BM'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 )
=1826/4970
=36.74 %

* 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 Leumi Le-Israel BM  (XTAE:LUMI) 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 Leumi Le-Israel BM Net Margin % Related Terms

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Bank Leumi Le-Israel BM (XTAE:LUMI) Business Description

Traded in Other Exchanges
Address
24-34 Yehuda Halevi Street, Tel Aviv, ISR, 65546
Bank Leumi Le-Israel BM is an Israeli banking and financial services company. The products and services offered by the company include consumer loans, mortgages, commercial banking services, and capital market services, among others. The company organizes itself into below operating segments: Banking; Mortgages; Commercial; Corporate banking; Real estate; Capital markets and Others. The company generates the majority of its revenue through the provision of banking and services to private customers and small businesses, and a vast majority of its revenue is earned in Israel.

Bank Leumi Le-Israel BM (XTAE:LUMI) Headlines

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