Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Total Assets : $25,777 Mil (As of Jun. 2023)

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What is Commercial International Bank - Egypt CIB Total Assets?

Commercial International Bank - Egypt CIB's Total Assets for the quarter that ended in Jun. 2023 was $25,777 Mil.

During the past 12 months, Commercial International Bank - Egypt CIB's average Total Assets Growth Rate was 17.30% per year. During the past 3 years, the average Total Assets Growth Rate was 20.20% per year. During the past 5 years, the average Total Assets Growth Rate was 13.60% per year. During the past 10 years, the average Total Assets Growth Rate was 17.20% per year.

During the past 13 years, Commercial International Bank - Egypt CIB's highest 3-Year average Total Assets Growth Rate was 29.20%. The lowest was 9.30%. And the median was 21.20%.

Total Assets is connected with ROA %. Commercial International Bank - Egypt CIB's annualized ROA % for the quarter that ended in Jun. 2023 was 4.30%. Total Assets is also linked to Revenue through Asset Turnover. Commercial International Bank - Egypt CIB's Asset Turnover for the quarter that ended in Jun. 2023 was 0.02.

Commercial International Bank - Egypt CIB Total Assets Historical Data

The historical data trend for Commercial International Bank - Egypt CIB'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.

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Commercial International Bank - Egypt CIB Total Assets Chart

Commercial International Bank - Egypt CIB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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24,051.14

27,260.47

31,714.37

25,809.06

27,046.46

Commercial International Bank - Egypt CIB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															30,562.02	25,809.06	22,286.03	25,776.53	27,046.46

Commercial International Bank - Egypt CIB 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.

Commercial International Bank - Egypt CIB's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2831.928	+	24214.536
	=	27,046

Commercial International Bank - Egypt CIB'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 )
	=	2221.786	+	23554.745
	=	25,777

Commercial International Bank - Egypt CIB (OTCPK:CIBEY) Total Assets Explanation

Total Assets is connected with ROA %.

Commercial International Bank - Egypt CIB's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	1034.264	/	( (22286.029	+	25776.531)	/ 2 )
	=	1034.264	/	24031.28
	=	4.30 %

Note: The Net Income data used here is four times the quarterly (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.

Commercial International Bank - Egypt CIB's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	482.279	/	( (22286.029	+	25776.531)	/ 2 )
=	482.279	/	24031.28
=	0.02

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.

Commercial International Bank - Egypt CIB Total Assets Related Terms

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Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial International Bank - Egypt CIB (OTCPK:CIBEY) » Definitions » Total Assets

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Traded in Other Exchanges

CMGGF:USA CBKDl:UK CBKD:UK COMI:Egypt CIN:Germany

Address

21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY

Website

https://www.cibeg.com

Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services. It has Retail banking division under that it has the Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments, an extensive bundle of products and services tailored to satisfy their needs. The Business Banking segment serves over seventy seven thousand SMEs. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB's position as a bank of choice for business owners.

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Headlines

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