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Riyad Bank (SAU:1010) Net Margin % : 50.71% (As of Mar. 2024)


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What is Riyad Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Riyad Bank's Net Income for the three months ended in Mar. 2024 was ﷼2,073 Mil. Riyad Bank's Revenue for the three months ended in Mar. 2024 was ﷼4,087 Mil. Therefore, Riyad Bank's net margin for the quarter that ended in Mar. 2024 was 50.71%.

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

SAU:1010' s Net Margin % Range Over the Past 10 Years
Min: 34.64   Med: 51.05   Max: 54.33
Current: 51.15


SAU:1010's Net Margin % is ranked better than
95.06% of 1458 companies
in the Banks industry
Industry Median: 25.09 vs SAU:1010: 51.15

Riyad Bank Net Margin % Historical Data

The historical data trend for Riyad 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.

Riyad Bank Net Margin % Chart

Riyad Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.24 42.53 52.05 52.67 51.12

Riyad 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 50.58 50.51 53.17 50.21 50.71

Competitive Comparison of Riyad Bank's Net Margin %

For the Banks - Regional subindustry, Riyad 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.


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

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

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



Riyad 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.

Riyad 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 )
=8045.844/15740.543
=51.12 %

Riyad Bank's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2072.723/4087.049
=50.71 %

* 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.


Riyad Bank  (SAU:1010) 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.


Riyad Bank Net Margin % Related Terms

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Riyad Bank (SAU:1010) Business Description

Traded in Other Exchanges
N/A
Address
Eastern Ring Road, Granada Oasis, A1 Tower, P.O. Box 22622, Al Shuhada District, Riyadh, SAU, 11416
Riyad Bank is a financial institution in Saudi Arabia. The company provides a full range of banking and investment services. It also provides its customer's Islamic banking products, which are approved and supervised by an independent Shariah Board established by the Bank. The company operates in four business segments: Retail Banking, Investment banking and brokerage, Corporate banking, and Treasury and Investments. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment handles corporate customers' current accounts, deposits and provides loans, overdrafts, and other credit facilities.

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