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Arab Banking (Jordan) (AMM:ABCO) Gross-Profit-to-Asset % : 2.62% (As of Mar. 2024)


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What is Arab Banking (Jordan) 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. Arab Banking (Jordan)'s annualized Gross Profit for the quarter that ended in Mar. 2024 was JOD36.59 Mil. Arab Banking (Jordan)'s average Total Assets over the quarter that ended in Mar. 2024 was JOD1,396.25 Mil. Therefore, Arab Banking (Jordan)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.62%.


Arab Banking (Jordan) Gross-Profit-to-Asset % Historical Data

The historical data trend for Arab Banking (Jordan)'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.

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Arab Banking (Jordan) Gross-Profit-to-Asset % Chart

Arab Banking (Jordan) 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 2.89 2.91 3.05 2.81 2.86

Arab Banking (Jordan) 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 3.13 2.97 3.04 1.87 2.62

Competitive Comparison of Arab Banking (Jordan)'s Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Arab Banking (Jordan)'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.


Arab Banking (Jordan)'s Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Arab Banking (Jordan)'s Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Arab Banking (Jordan)'s Gross-Profit-to-Asset % falls into.



Arab Banking (Jordan) Gross-Profit-to-Asset % Calculation

Arab Banking (Jordan)'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 )
=39.294/( (1350.799+1395.946)/ 2 )
=39.294/1373.3725
=2.86 %

Arab Banking (Jordan)'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 )
=36.588/( (1395.946+1396.559)/ 2 )
=36.588/1396.2525
=2.62 %

* 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.


Arab Banking (Jordan) Gross-Profit-to-Asset % Related Terms

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Arab Banking (Jordan) (AMM:ABCO) Business Description

Traded in Other Exchanges
N/A
Address
38 Abdul Rahim Al-Waked Street, Shmeisani, Bank ABC (Jordan) Building, P.O.Box 926691, Amman, JOR, 11190
Arab Banking Corp (Jordan) is a company operating in the banking industry. The business segments of the bank are Retail banking, Corporate banking. and Treasury. The majority of the revenue is earned through retail segment.

Arab Banking (Jordan) (AMM:ABCO) Headlines

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