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Akita Bank (Akita Bank) Net Margin % : 11.65% (As of Dec. 2023)


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What is Akita Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Akita Bank's Net Income for the three months ended in Dec. 2023 was $6.6 Mil. Akita Bank's Revenue for the three months ended in Dec. 2023 was $56.7 Mil. Therefore, Akita Bank's net margin for the quarter that ended in Dec. 2023 was 11.65%.

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

AKBKF' s Net Margin % Range Over the Past 10 Years
Min: 6.65   Med: 10.54   Max: 16.29
Current: 11.74


AKBKF's Net Margin % is ranked worse than
82.4% of 1460 companies
in the Banks industry
Industry Median: 25.13 vs AKBKF: 11.74

Akita Bank Net Margin % Historical Data

The historical data trend for Akita 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.

Akita Bank Net Margin % Chart

Akita Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 6.65 8.55 7.61 11.74

Akita Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.46 5.68 18.70 11.65 11.95

Competitive Comparison of Akita Bank's Net Margin %

For the Banks - Regional subindustry, Akita 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.


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

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

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



Akita 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.

Akita Bank's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=30.31/258.092
=11.74 %

Akita 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 )
=6.612/56.736
=11.65 %

* 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.


Akita Bank  (OTCPK:AKBKF) 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.


Akita Bank Net Margin % Related Terms

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Akita Bank (Akita Bank) Business Description

Traded in Other Exchanges
Address
2-1 Sanno 3-Chome, Akita, JPN, 010-8655
Akita Bank Ltd is the banking subsidiary of the Akita Bank Group, which is composed of a Japanese regional bank and five consolidated subsidiaries operating primarily in the Akita Prefecture. The bank's strategy emphasizes regional market penetration to drive profitability. The group offers various financial services, principally banking. In addition, it offers leasing, consulting, guarantee services, and credit card services. Just over half of its earning assets are in loans and bills discounted, followed in size by securities. Most of the group's income is generated through net interest income, followed by fees and commissions.

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