Suncorp Group Ltd
ASX:SUN
Net Margin
Suncorp Group 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 |
||
|---|---|---|---|---|---|
| AU |
|
Suncorp Group Ltd
ASX:SUN
|
23.2B AUD |
12%
|
|
| US |
|
Progressive Corp
NYSE:PGR
|
153.5B USD |
11%
|
|
| CH |
|
Chubb Ltd
NYSE:CB
|
113.7B USD |
15%
|
|
| JP |
|
Tokio Marine Holdings Inc
TSE:8766
|
11.1T JPY |
13%
|
|
| US |
|
Travelers Companies Inc
NYSE:TRV
|
60B USD |
9%
|
|
| CN |
|
People's Insurance Company Group of China Ltd
SSE:601319
|
376.8B CNY |
8%
|
|
| US |
|
Allstate Corp
NYSE:ALL
|
51.8B USD |
6%
|
|
| ZA |
S
|
Santam Ltd
JSE:SNT
|
46B Zac |
8%
|
|
| CN |
|
PICC Property and Casualty Co Ltd
HKEX:2328
|
332.3B HKD |
6%
|
|
| CA |
|
Intact Financial Corp
TSX:IFC
|
54.5B CAD |
8%
|
|
| CA |
|
Fairfax Financial Holdings Ltd
TSX:FFH
|
53.4B CAD |
10%
|
Suncorp Group Ltd
Glance View
Suncorp Group Ltd., nestled comfortably within Australia's financial landscape, has built its legacy by navigating the corridors of insurance and banking with a deft touch. Emerging from its origins in Queensland in 1902, Suncorp has strategically evolved into a diversified financial services player. Its lifeblood flows through two primary veins: insurance and banking. In the realm of insurance, Suncorp has drawn its strength from a diverse portfolio encompassing general insurance, which covers home, contents, motor, and commercial, along with an assortment of specialty types. These insurance products are marketed under a suite of well-known brands like AAMI, GIO, Suncorp, and Apia, each of which allows the group to permeate virtually every corner of the Australian insurance market. The reliability and recognition of these brands stand as a testament to Suncorp’s knack for aligning product offerings with consumer needs, thus generating a robust revenue stream through premiums. On the banking side, Suncorp extends its presence primarily through traditional banking services. This division offers personal, commercial, and agribusiness banking, providing customers with mortgages, savings and transaction accounts, and business loans. Suncorp Bank weaves through life’s financial maze, steering customers via a blend of personalized service and digital outreach, thereby cementing its relevance in an increasingly digitized world. Profitability in this segment is driven by the spread between the interest rates on deposits and loans—a classic banking blueprint. Suncorp’s symbiotic blend of insurance and banking not only diversifies its revenue streams but also mitigates industry-specific risks, positioning it as a resilient player amid the financial vicissitudes of the market.
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 Suncorp Group Ltd's most recent financial statements, the company has Net Margin of 12.4%.
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