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EQB (TSX:EQB) Net Margin % : 34.89% (As of Jan. 2024)


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What is EQB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. EQB's Net Income for the three months ended in Jan. 2024 was C$104.2 Mil. EQB's Revenue for the three months ended in Jan. 2024 was C$298.8 Mil. Therefore, EQB's net margin for the quarter that ended in Jan. 2024 was 34.89%.

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

TSX:EQB' s Net Margin % Range Over the Past 10 Years
Min: 38.1   Med: 45.74   Max: 49.87
Current: 38.1


TSX:EQB's Net Margin % is ranked better than
80.44% of 1457 companies
in the Banks industry
Industry Median: 25.09 vs TSX:EQB: 38.10

EQB Net Margin % Historical Data

The historical data trend for EQB'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.

EQB Net Margin % Chart

EQB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.97 44.04 41.54 40.19 45.50

EQB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24
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 39.43 19.76 37.26 41.89 34.89

Competitive Comparison of EQB's Net Margin %

For the Banks - Regional subindustry, EQB'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.


EQB's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where EQB's Net Margin % falls into.



EQB 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.

EQB's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin=Net Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=292.53/642.907
=45.50 %

EQB's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=104.232/298.772
=34.89 %

* 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.


EQB  (TSX:EQB) 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.


EQB Net Margin % Related Terms

Thank you for viewing the detailed overview of EQB's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


EQB (TSX:EQB) Business Description

Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Andrew Moor Senior Officer

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