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BPIRY (Piraeus Financial Holdings) Selling, General, & Admin. Expense : $213 Mil (TTM As of Sep. 2024)


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What is Piraeus Financial Holdings Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Piraeus Financial Holdings's selling, general, & admin. expense for the three months ended in Sep. 2024 was $83 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2024 was $213 Mil.


Piraeus Financial Holdings Selling, General, & Admin. Expense Historical Data

The historical data trend for Piraeus Financial Holdings'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.

* Premium members only.

Piraeus Financial Holdings Selling, General, & Admin. Expense Chart

Piraeus Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 285.56 343.07 280.23 215.04 245.37

Piraeus Financial Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Selling, General, & Admin. Expense 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 94.98 -28.35 79.35 78.58 83.24

Competitive Comparison of Piraeus Financial Holdings's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Piraeus Financial Holdings'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.


Piraeus Financial Holdings's Selling, General, & Admin. Expense Distribution in the Banks Industry

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

* The bar in red indicates where Piraeus Financial Holdings's Selling, General, & Admin. Expense falls into.



Piraeus Financial Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $213 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.


Piraeus Financial Holdings  (OTCPK:BPIRY) 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.


Piraeus Financial Holdings Selling, General, & Admin. Expense Related Terms

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Piraeus Financial Holdings Business Description

Traded in Other Exchanges
Address
4 Amerikis Street, Athens, GRC, 105 64
Piraeus Financial Holdings SA is a universal banking group operating in Greece but with a presence in southeastern Europe and the eastern Mediterranean. Its banking unit specializes in small to midsize enterprise banking, agricultural banking, consumer and mortgage credit, green banking, investment banking, as well as leasing and factoring. The bank has an extensive distribution network, both traditional and alternative, the majority of notably its e-banking platform Winbank. A majority of the bank's net revenue is net interest income, overwhelmingly derived from loans and advances to customers.