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ABN AMRO Bank NV (FRA:AB2) Selling, General, & Admin. Expense : €2,375 Mil (TTM As of Jun. 2024)


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What is ABN AMRO Bank NV Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. ABN AMRO Bank NV's selling, general, & admin. expense for the three months ended in Jun. 2024 was €564 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2024 was €2,375 Mil.


ABN AMRO Bank NV Selling, General, & Admin. Expense Historical Data

The historical data trend for ABN AMRO Bank NV'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.

ABN AMRO Bank NV Selling, General, & Admin. Expense Chart

ABN AMRO Bank NV 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 2,481.00 2,412.00 2,973.00 2,554.00 2,241.00

ABN AMRO Bank NV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 480.00 559.00 691.00 561.00 564.00

Competitive Comparison of ABN AMRO Bank NV's Selling, General, & Admin. Expense

For the Banks - Diversified subindustry, ABN AMRO Bank NV'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.


ABN AMRO Bank NV's Selling, General, & Admin. Expense Distribution in the Banks Industry

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

* The bar in red indicates where ABN AMRO Bank NV's Selling, General, & Admin. Expense falls into.



ABN AMRO Bank NV 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,375 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.


ABN AMRO Bank NV  (FRA:AB2) 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.


ABN AMRO Bank NV Selling, General, & Admin. Expense Related Terms

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ABN AMRO Bank NV Business Description

Industry
Address
Gustav Mahlerlaan 10, PO Box 283, Amsterdam, NLD, 1082 PP
ABN Amro Bank is a Dutch bank, and the Netherlands accounts for around 90% of its operating profit. Operationally, retail and commercial banking contributes the majority of its operating profit, while ABN Amro continues to reduce its exposure to corporate and investment banking. It views private banking as one of its key growth areas.

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