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Banco Provincial (CAR:BPV) Total Assets : VES19,330 Mil (As of Jun. 2023)


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What is Banco Provincial Total Assets?

Banco Provincial's Total Assets for the quarter that ended in Jun. 2023 was VES19,330 Mil.

During the past 12 months, Banco Provincial's average Total Assets Growth Rate was 41.40% per year. During the past 3 years, the average Total Assets Growth Rate was 58.40% per year.

During the past 12 years, Banco Provincial's highest 3-Year average Total Assets Growth Rate was 58.40%. The lowest was -1.80%. And the median was 28.30%.

Total Assets is connected with ROA %. Banco Provincial's annualized ROA % for the quarter that ended in Jun. 2023 was 17.09%. Total Assets is also linked to Revenue through Asset Turnover. Banco Provincial's Asset Turnover for the quarter that ended in Jun. 2023 was 0.19.


Banco Provincial Total Assets Historical Data

The historical data trend for Banco Provincial's Total Assets 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.

Banco Provincial Total Assets Chart

Banco Provincial Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,465.14 10,188.60 9,261.49 12,996.75 18,151.46

Banco Provincial Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Assets 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 10,274.97 12,996.75 17,036.38 18,151.46 19,329.85

Banco Provincial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Banco Provincial's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=6249.766+11901.696
=18,151

Banco Provincial's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=6042.422+13287.423
=19,330

* 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.


Banco Provincial  (CAR:BPV) Total Assets Explanation

Total Assets is connected with ROA %.

Banco Provincial's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=3203.39/( (18151.462+19329.845)/ 2 )
=3203.39/18740.6535
=17.09 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Banco Provincial's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=3615.848/( (18151.462+19329.845)/ 2 )
=3615.848/18740.6535
=0.19

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Banco Provincial Total Assets Related Terms

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Banco Provincial (CAR:BPV) Business Description

Traded in Other Exchanges
N/A
Address
Urbanisation San Bernardino Avenue East West, Provincial Financial Center, Caracas, VEN
Banco Provincial SA operates as a bank in Venezuela. The company offers Current, Savings, Foreign currency accounts, mutual funds, Gold credit card, Classic Credit card, debit cards. It also provides various banking services which include personal loans, mortgage loan, vehicle loans, flexible credit to its customers in Venezuela.

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