Abbey Mortgage Bank (NSA:ABBEYBDS) Net Margin % : 27.05% (As of Dec. 2023)

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What is Abbey Mortgage Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Abbey Mortgage Bank's Net Income for the six months ended in Dec. 2023 was ₦871 Mil. Abbey Mortgage Bank's Revenue for the six months ended in Dec. 2023 was ₦3,221 Mil. Therefore, Abbey Mortgage Bank's net margin for the quarter that ended in Dec. 2023 was 27.05%.

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

NSA:ABBEYBDS' s Net Margin % Range Over the Past 10 Years
Min: -450.9 Med: -13.16 Max: 31.07
Current: 27.05

NSA:ABBEYBDS's Net Margin % is ranked better than
56.37% of 1460 companies
in the Banks industry
Industry Median: 25.09 vs NSA:ABBEYBDS: 27.05

Abbey Mortgage Bank Net Margin % Historical Data

The historical data trend for Abbey Mortgage 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.

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Abbey Mortgage Bank Net Margin % Chart

Abbey Mortgage Bank Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

-7.09

-450.90

31.07

25.78

27.05

Abbey Mortgage Bank Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Net Margin %	Get a 7-Day Free Trial			-7.09	-450.90	31.07	25.78	27.05

Competitive Comparison of Abbey Mortgage Bank's Net Margin %

For the Banks - Regional subindustry, Abbey Mortgage 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.

Abbey Mortgage Bank's Net Margin % Distribution in the Banks Industry

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

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

Abbey Mortgage 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.

Abbey Mortgage 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 )
	=	871.284	/	3220.643
	=	27.05 %

Abbey Mortgage 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 )
	=	871.284	/	3220.643
	=	27.05 %

Abbey Mortgage Bank (NSA:ABBEYBDS) 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.

Abbey Mortgage Bank Net Margin % Related Terms

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Abbey Mortgage Bank (NSA:ABBEYBDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abbey Mortgage Bank PLC (NSA:ABBEYBDS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA

Website

http://www.abbeymortgagebank.com

Abbey Mortgage Bank PLC provides loan, mortgage and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within the northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loan, real estate and mortgage services and construction financing, among others.

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