Banque nationale de Belgique Societe anonyme Profit margin
What is the Profit margin of Banque nationale de Belgique Societe anonyme?
The Profit margin of Banque nationale de Belgique Societe anonyme is 41.19%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Finance sector on EURONEXT compared to Banque nationale de Belgique Societe anonyme
What does Banque nationale de Belgique Societe anonyme do?
Banque nationale de Belgique Société anonyme operates as the central bank of Belgium. The company's activities include determination and implementation of the Eurosystem's monetary policy; printing and issuing of notes and coins; collection, compilation, analysis, and distribution of economic and financial information; and promotion of monetary and financial stability. It also engages in the centralization of the revenue and expenditure of the federal state; administration of fines and settlements; combating money laundering; and international settlements. In addition, the company provides macro prudential and prudential supervision, oversight of financial market infrastructures and critical service providers, and crisis management services; and a range of services to individuals and schools, such as exchange of banknotes and coins, securities and coupons, central individual credit register for consumer credits and mortgage loans, and documentation base primarily specialized in economics, finance, and monetary policy, as well as collects and publishes annual accounts of Belgian enterprises. Further, it offers services to central banks comprising reserve management services, such as custody accounts and remuneration of the cash accounts to non-euro area countries, and central banks or monetary authorities, as well as international organization other than community institutions and bodies. The company was founded in 1850 and is headquartered in Brussels, Belgium.
Companies with profit margin similar to Banque nationale de Belgique Societe anonyme
- Macatawa Bank has Profit margin of 41.03%
- VAALCO has Profit margin of 41.11%
- ICG Enterprise Trust Plc has Profit margin of 41.12%
- Bajaj Finance has Profit margin of 41.13%
- CommerceWest Bank has Profit margin of 41.16%
- Everbright Grand China Assets has Profit margin of 41.17%
- Banque nationale de Belgique Societe anonyme has Profit margin of 41.19%
- Criterium Ltd has Profit margin of 41.26%
- Capital & Counties Properties Plc has Profit margin of 41.27%
- Linde India has Profit margin of 41.28%
- CRISPR Therapeutics AG has Profit margin of 41.28%
- Johnson & Johnson has Profit margin of 41.28%
- UniCredit SpA has Profit margin of 41.29%