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Union Bank of Nigeria (NSA:UBNP) Net Margin % : 35.86% (As of Mar. 2023)


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What is Union Bank of Nigeria Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Union Bank of Nigeria's Net Income for the three months ended in Mar. 2023 was ₦12,463 Mil. Union Bank of Nigeria's Revenue for the three months ended in Mar. 2023 was ₦34,752 Mil. Therefore, Union Bank of Nigeria's net margin for the quarter that ended in Mar. 2023 was 35.86%.

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


NSA:UBNP's Net Margin % is not ranked *
in the Banks industry.
Industry Median: 25.32
* Ranked among companies with meaningful Net Margin % only.

Union Bank of Nigeria Net Margin % Historical Data

The historical data trend for Union Bank of Nigeria'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.

Union Bank of Nigeria Net Margin % Chart

Union Bank of Nigeria 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 21.69 23.80 19.95 20.35 36.37

Union Bank of Nigeria Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 23.82 23.40 -9.28 92.89 35.86

Competitive Comparison of Union Bank of Nigeria's Net Margin %

For the Banks - Regional subindustry, Union Bank of Nigeria'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.


Union Bank of Nigeria's Net Margin % Distribution in the Banks Industry

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

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



Union Bank of Nigeria 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.

Union Bank of Nigeria'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 )
=38646/106265
=36.37 %

Union Bank of Nigeria's Net Margin for the quarter that ended in Mar. 2023 is calculated as

Net Margin=Net Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=12463/34752
=35.86 %

* 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.


Union Bank of Nigeria  (NSA:UBNP) 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.


Union Bank of Nigeria Net Margin % Related Terms

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Union Bank of Nigeria (NSA:UBNP) Business Description

Traded in Other Exchanges
N/A
Address
Stallion Plaza, 36 Marina, Lagos, NGA, 2027
Union Bank of Nigeria PLC is a banking corporation. The principal activity of the Bank is the provision of banking and related financial services to corporate and individual customers. The company offers flexible current and savings accounts, cash management, trade finance, credit solutions, and treasury solutions. The company also provides personal loans, overdrafts, and advances to individuals as well as small and medium enterprises and corporates. The Bank also provides treasury services to high-net-worth individuals, commercial clients, corporates, and nonbanking financial institutions. The bank manages its business in four segments namely Retail Bank, Commercial Bank, Corporate Bank, and Treasury.

Union Bank of Nigeria (NSA:UBNP) Headlines

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