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Norion Bank AB (OSTO:NORION) Net Margin % : 35.03% (As of Sep. 2024)


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What is Norion Bank AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Norion Bank AB's Net Income for the three months ended in Sep. 2024 was kr309 Mil. Norion Bank AB's Revenue for the three months ended in Sep. 2024 was kr882 Mil. Therefore, Norion Bank AB's net margin for the quarter that ended in Sep. 2024 was 35.03%.

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

OSTO:NORION' s Net Margin % Range Over the Past 10 Years
Min: -11.41   Med: 29.71   Max: 35.97
Current: 34.9


OSTO:NORION's Net Margin % is ranked better than
77.17% of 1542 companies
in the Banks industry
Industry Median: 24.535 vs OSTO:NORION: 34.90

Norion Bank AB Net Margin % Historical Data

The historical data trend for Norion Bank AB'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.

Norion Bank AB Net Margin % Chart

Norion Bank AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -11.41 14.33 28.56 35.51 35.47

Norion Bank AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 35.43 34.90 35.30 34.39 35.03

Competitive Comparison of Norion Bank AB's Net Margin %

For the Banks - Regional subindustry, Norion Bank AB'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.


Norion Bank AB's Net Margin % Distribution in the Banks Industry

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

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



Norion Bank AB 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.

Norion Bank AB'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 )
=1294/3648
=35.47 %

Norion Bank AB's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=309/882
=35.03 %

* 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.


Norion Bank AB  (OSTO:NORION) 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.


Norion Bank AB Net Margin % Related Terms

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Norion Bank AB Business Description

Traded in Other Exchanges
N/A
Address
Lilla Bommens Torg 11, Goteborg, SWE, 411 04
Norion Bank AB, formerly Collector Bank AB specializes in financing solutions for corporate and private individuals, with particular focus on small and medium-sized companies. The main business is conducted through four segments namely Corporate, Real estate, Consumer and Payments. The Corporate segment includes corporate loans and factoring directed mainly at small and medium-sized companies in a wide range of industries in Sweden, Norway and Finland. The Real estate segment comprises real estate loans focusing on metropolitan areas and university cities in the Nordic region and the Consumer segment offers unsecured loans to private individuals The Payments segment offers payment and checkout solutions for e-commerce and retail chains.

Norion Bank AB Headlines

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