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Optima bank (ATH:OPTIMA) Selling, General, & Admin. Expense : €2.4 Mil (TTM As of Jun. 2023)


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What is Optima bank Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Optima bank's selling, general, & admin. expense for the six months ended in Jun. 2023 was €1.3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2023 was €2.4 Mil.


Optima bank Selling, General, & Admin. Expense Historical Data

The historical data trend for Optima bank's Selling, General, & Admin. Expense 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.

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Optima bank Selling, General, & Admin. Expense Chart

Optima bank Annual Data
Trend Dec20 Dec21 Dec22
Selling, General, & Admin. Expense
1.29 1.62 2.07

Optima bank Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Selling, General, & Admin. Expense - - 0.99 1.08 1.31

Competitive Comparison of Optima bank's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Optima bank's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Optima bank's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Optima bank's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Optima bank's Selling, General, & Admin. Expense falls into.



Optima bank Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2.4 Mil.

* 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.


Optima bank  (ATH:OPTIMA) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Optima bank Selling, General, & Admin. Expense Related Terms

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Optima bank Business Description

Industry
Traded in Other Exchanges
Address
32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125
Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services and Business Receivables Agency.

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