GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avanza Bank Holding AB (CHIX:AZAs) » Definitions » Gross-Profit-to-Asset %

Avanza Bank Holding AB (CHIX:AZAS) Gross-Profit-to-Asset % : 1.30% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Avanza Bank Holding AB 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. Avanza Bank Holding AB's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr3,848 Mil. Avanza Bank Holding AB's average Total Assets over the quarter that ended in Mar. 2024 was kr295,925 Mil. Therefore, Avanza Bank Holding AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 1.30%.


Avanza Bank Holding AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Avanza Bank Holding AB'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.

Avanza Bank Holding AB Gross-Profit-to-Asset % Chart

Avanza Bank Holding AB 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 0.86 1.30 1.36 1.14 1.31

Avanza Bank Holding AB 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 1.41 1.28 1.29 1.24 1.30

Competitive Comparison of Avanza Bank Holding AB's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Avanza Bank Holding AB'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.


Avanza Bank Holding AB's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

* The bar in red indicates where Avanza Bank Holding AB's Gross-Profit-to-Asset % falls into.



Avanza Bank Holding AB Gross-Profit-to-Asset % Calculation

Avanza Bank Holding AB'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 )
=3438/( (241091+282453)/ 2 )
=3438/261772
=1.31 %

Avanza Bank Holding AB'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 )
=3848/( (282453+309396)/ 2 )
=3848/295924.5
=1.30 %

* 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.


Avanza Bank Holding AB Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Avanza Bank Holding AB's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Avanza Bank Holding AB (CHIX:AZAS) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 103, Box 1399, Stockholm, SWE, SE-111 93
Avanza Bank Holding AB is a digital bank that operates in Sweden and serves primarily private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, primarily personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, primarily through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.

Avanza Bank Holding AB (CHIX:AZAS) Headlines

No Headlines