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Attijariwafa Bank (CAS:ATW) Net Margin % : 25.72% (As of Sep. 2023)


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What is Attijariwafa Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Attijariwafa Bank's Net Income for the three months ended in Sep. 2023 was MAD2,193 Mil. Attijariwafa Bank's Revenue for the three months ended in Sep. 2023 was MAD8,528 Mil. Therefore, Attijariwafa Bank's net margin for the quarter that ended in Sep. 2023 was 25.72%.

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

CAS:ATW' s Net Margin % Range Over the Past 10 Years
Min: 12.29   Med: 22.75   Max: 24.47
Current: 23.96


CAS:ATW's Net Margin % is ranked worse than
53.7% of 1460 companies
in the Banks industry
Industry Median: 25.1 vs CAS:ATW: 23.96

Attijariwafa Bank Net Margin % Historical Data

The historical data trend for Attijariwafa 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.

* Premium members only.

Attijariwafa Bank Net Margin % Chart

Attijariwafa Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.47 23.75 12.29 20.40 22.05

Attijariwafa Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 21.03 20.96 19.86 31.75 25.72

Competitive Comparison of Attijariwafa Bank's Net Margin %

For the Banks - Regional subindustry, Attijariwafa 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.


Attijariwafa Bank's Net Margin % Distribution in the Banks Industry

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

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



Attijariwafa 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.

Attijariwafa Bank's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=6065.282/27505.943
=22.05 %

Attijariwafa Bank's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=2193.497/8528.391
=25.72 %

* 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.


Attijariwafa Bank  (CAS:ATW) 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.


Attijariwafa Bank Net Margin % Related Terms

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


Attijariwafa Bank (CAS:ATW) Business Description

Traded in Other Exchanges
N/A
Address
2, Boulevard Moulay Youssef, PO Box No. 20000, Casablanca, MAR
Attijariwafa Bank SA is a financial and banking group. It is engaged in the provision of banking and insurance products and services. The company's banking activities include personal and professional banking, corporate banking, investment banking and international banking.

Attijariwafa Bank (CAS:ATW) Headlines

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