Bank of Ningbo Co Ltd
SZSE:002142
Net Margin
Bank of Ningbo Co Ltd
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 |
||
|---|---|---|---|---|---|
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
174.3B CNY |
38%
|
|
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
70B USD |
26%
|
|
| US |
|
Truist Financial Corp
NYSE:TFC
|
55.2B USD |
34%
|
|
| US |
|
M&T Bank Corp
NYSE:MTB
|
30.2B USD |
26%
|
|
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
26.9B USD |
25%
|
|
| US |
|
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
25.8B USD |
28%
|
|
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
175.3B CNY |
32%
|
|
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
22.2B USD |
24%
|
|
| JP |
|
Resona Holdings Inc
TSE:8308
|
3.2T JPY |
22%
|
|
| US |
|
Regions Financial Corp
NYSE:RF
|
20.2B USD |
25%
|
|
| US |
|
Citizens Financial Group Inc
NYSE:CFG
|
18.5B USD |
18%
|
Bank of Ningbo Co Ltd
Glance View
Nestled in the bustling economic hub of China's eastern coast, Bank of Ningbo Co Ltd has emerged as a formidable player in the banking sector. Its establishment in the picturesque city of Ningbo set the stage for swift growth driven by an agile business model adept at capturing the nuances of China's ever-evolving financial landscape. Primarily, the bank serves small and medium-sized enterprises (SMEs), tapping into the entrepreneurial spirit that defines much of the region's economic vigor. Through a network of strategically located branches and an innovative digital platform, Bank of Ningbo stands out by offering tailored financial solutions that cater specifically to the unique needs of local businesses, positioning itself as an indispensable partner in their growth trajectories. The bank's strategy hinges on a diversified revenue stream, deftly balancing traditional banking services—such as deposits and loans—with more progressive offerings, including asset management, wealth management, and investment banking. Regular revenue from interest spread on loans ensures a steady income, while fee-based services provide a cushion against volatile interest rates. This dual approach not only bolsters its financial stability but also underscores its adaptability in meeting market demands. By integrating cutting-edge technology with personalized customer service, Bank of Ningbo not only enhances operational efficiency but also enriches client relationships, reinforcing its solid reputation in both local and national markets.
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 Bank of Ningbo Co Ltd's most recent financial statements, the company has Net Margin of 37.7%.
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