Banca Monte dei Paschi di Siena SpA
MIL:BMPS
Net Margin
Banca Monte dei Paschi di Siena SpA
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| IT |
|
Banca Monte dei Paschi di Siena SpA
MIL:BMPS
|
7.8B EUR |
48%
|
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
659.1B USD |
32%
|
|
| ZA |
A
|
Absa Bank Ltd
JSE:ABSP
|
362.6B Zac |
17%
|
|
| ZA |
S
|
Standard Bank Group Ltd
JSE:SBK
|
345.7B Zac |
17%
|
|
| ZA |
C
|
Capitec Bank Holdings Ltd
JSE:CPI
|
344.5B Zac |
25%
|
|
| CN |
|
Industrial and Commercial Bank of China Ltd
SSE:601398
|
2.4T CNY |
41%
|
|
| US |
|
Bank of America Corp
NYSE:BAC
|
281.3B USD |
25%
|
|
| CN |
|
Agricultural Bank of China Ltd
SSE:601288
|
1.8T CNY |
34%
|
|
| CN |
|
Bank of China Ltd
SSE:601988
|
1.6T CNY |
34%
|
|
| US |
|
Wells Fargo & Co
NYSE:WFC
|
209.3B USD |
23%
|
|
| CN |
|
China Construction Bank Corp
SSE:601939
|
1.5T CNY |
43%
|
Banca Monte dei Paschi di Siena SpA
Glance View
In the heart of Italy's enchanting Tuscany region lies the centuries-old Banca Monte dei Paschi di Siena SpA, often regarded as the world's oldest bank, with roots dating back to 1472. This storied institution, born in the aftermath of the Black Death to provide aid to its economically deprived population, became a bedrock of financial stability in medieval Italy. Its longevity can be attributed to its policymakers' foresight in adapting through dynamic market conditions and evolving economic landscapes. Traditionally, Monte dei Paschi served as a local financial house, channeling its resources into the region's agricultural and artisan sectors. Over time, as the face of banking transformed, the institution expanded its services, embracing retail and commercial banking, wealth management, and corporate finance, capturing an influential share of the Italian financial tapestry. Monte dei Paschi's business model thrives on generating income primarily through interest on loans and credit facilities extended to individuals, SMEs, and large enterprises. Like a meticulous weaver of financial fabrics, the bank crafts a balance between traditional banking operations and modern financial services. It generates significant revenue streams from transactional banking services, investment solutions, and advisory offerings for personal and corporate clients. However, it has not been without its tribulations, with significant financial challenges in recent decades demanding state interventions to stabilize its operations. Despite these hurdles, the bank has persevered by aligning its strategies with contemporary financial reforms, seeking to regain its historical stature while navigating the complex web of the European banking environment.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Banca Monte dei Paschi di Siena SpA's most recent financial statements, the company has Net Margin of 48.4%.
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