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Bank of Georgia Group (Bank of Georgia Group) Gross-Profit-to-Asset % : 8.38% (As of Dec. 2023)


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What is Bank of Georgia Group 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. Bank of Georgia Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was $968.2 Mil. Bank of Georgia Group's average Total Assets over the quarter that ended in Dec. 2023 was $11,553.1 Mil. Therefore, Bank of Georgia Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 8.38%.


Bank of Georgia Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Bank of Georgia Group'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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Bank of Georgia Group Gross-Profit-to-Asset % Chart

Bank of Georgia Group 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 6.70 5.44 6.08 7.75 8.41

Bank of Georgia Group 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 8.75 7.96 9.60 8.63 8.38

Competitive Comparison of Bank of Georgia Group's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Bank of Georgia Group'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.


Bank of Georgia Group's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



Bank of Georgia Group Gross-Profit-to-Asset % Calculation

Bank of Georgia Group'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 )
=941.141/( (10666.73+11720.659)/ 2 )
=941.141/11193.6945
=8.41 %

Bank of Georgia Group'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 )
=968.224/( (11385.64+11720.659)/ 2 )
=968.224/11553.1495
=8.38 %

* 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.


Bank of Georgia Group Gross-Profit-to-Asset % Related Terms

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Bank of Georgia Group (Bank of Georgia Group) Business Description

Traded in Other Exchanges
Address
42 Brook Street, London, GBR, W1K 5DB
Bank of Georgia Group PLC offers banking services. The company through its banking divisions involves in various business which includes retail banking and payment services, corporate investment banking and wealth management operations, and banking operations in Belarus which forms the core entity of the group's banking business. The Bank has operating outlets in all cities of Georgia.

Bank of Georgia Group (Bank of Georgia Group) Headlines

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