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Abu Dhabi Commercial Bank (ADX:ADCB) Gross-Profit-to-Asset % : 0.67% (As of Dec. 2023)


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What is Abu Dhabi Commercial Bank 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. Abu Dhabi Commercial Bank's annualized Gross Profit for the quarter that ended in Dec. 2023 was د.إ3,721 Mil. Abu Dhabi Commercial Bank's average Total Assets over the quarter that ended in Dec. 2023 was د.إ552,042 Mil. Therefore, Abu Dhabi Commercial Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.67%.


Abu Dhabi Commercial Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for Abu Dhabi Commercial Bank'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.

Abu Dhabi Commercial Bank Gross-Profit-to-Asset % Chart

Abu Dhabi Commercial Bank 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 3.40 3.03 2.86 2.34 2.47

Abu Dhabi Commercial Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.89 3.14 3.18 3.20 0.67

Competitive Comparison of Abu Dhabi Commercial Bank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Abu Dhabi Commercial Bank'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.


Abu Dhabi Commercial Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

* The bar in red indicates where Abu Dhabi Commercial Bank's Gross-Profit-to-Asset % falls into.



Abu Dhabi Commercial Bank Gross-Profit-to-Asset % Calculation

Abu Dhabi Commercial Bank'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 )
=13150.072/( (497842.165+567194.485)/ 2 )
=13150.072/532518.325
=2.47 %

Abu Dhabi Commercial Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=3720.528/( (536888.749+567194.485)/ 2 )
=3720.528/552041.617
=0.67 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Abu Dhabi Commercial Bank Gross-Profit-to-Asset % Related Terms

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Abu Dhabi Commercial Bank (ADX:ADCB) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Bin Sultan Street, P.O. Box 939, Plot C - 33, Sector E-11, Abu Dhabi Commercial Bank Building, Abu Dhabi, ARE
Abu Dhabi Commercial Bank is a full-service commercial bank that operates in and has nearly the entirety of its loan book exposed to the United Arab Emirates. The bank's five business groups include Retail banking, Private banking, Wholesale banking, Investments and treasury, and Property management. It generates maximum revenue from the Wholesale banking segment. The Wholesale banking segment comprises business banking, cash management, trade finance, corporate finance, small and medium enterprise financing, investment banking, Islamic financing, infrastructure and asset finance, government, and public enterprises. It also includes loans, deposits and other transactions and balances with corporate customers.

Abu Dhabi Commercial Bank (ADX:ADCB) Headlines

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