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National Bank of KuwaitK (KUW:NBK) Gross-Profit-to-Asset % : 3.25% (As of Mar. 2024)


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What is National Bank of KuwaitK Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. National Bank of KuwaitK's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD1,236 Mil. National Bank of KuwaitK's average Total Assets over the quarter that ended in Mar. 2024 was KWD37,996 Mil. Therefore, National Bank of KuwaitK's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.25%.


National Bank of KuwaitK Gross-Profit-to-Asset % Historical Data

The historical data trend for National Bank of KuwaitK's Gross-Profit-to-Asset % 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.

National Bank of KuwaitK Gross-Profit-to-Asset % Chart

National Bank of KuwaitK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 2.75 2.86 2.88 3.15

National Bank of KuwaitK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 3.05 3.18 3.27 3.25 3.25

Competitive Comparison of National Bank of KuwaitK's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, National Bank of KuwaitK's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


National Bank of KuwaitK's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of KuwaitK's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where National Bank of KuwaitK's Gross-Profit-to-Asset % falls into.



National Bank of KuwaitK Gross-Profit-to-Asset % Calculation

National Bank of KuwaitK's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1166.013/( (36338.363+37664.991)/ 2 )
=1166.013/37001.677
=3.15 %

National Bank of KuwaitK's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1235.86/( (37664.991+38327.855)/ 2 )
=1235.86/37996.423
=3.25 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


National Bank of KuwaitK Gross-Profit-to-Asset % Related Terms

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National Bank of KuwaitK (KUW:NBK) Business Description

Traded in Other Exchanges
N/A
Address
Al Shuhada Street, P.O. Box 95, Safat, Kuwait, KWT, 13001
National Bank of Kuwait SAK is a financial institution. The company's operating segment includes Consumer and Private Banking; Corporate Banking; Investment Banking and Asset Management; Islamic Banking Group centre and International.. It generates maximum revenue from the Consumer and Private Banking segment. The Consumer Banking segment provides a diversified range of products and services to individuals which include consumer loans, credit cards, deposits, foreign exchange, and other branch-related services. Geographically, it derives a majority of revenue from Kuwait and also has a presence in the Middle East and North Africa; Europe and Other Countries.

National Bank of KuwaitK (KUW:NBK) Headlines

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