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Foroya Banki P/F (FRA:BNW) Gross-Profit-to-Asset % : 8.59% (As of Sep. 2024)


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What is Foroya Banki P/F 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. Foroya Banki P/F's annualized Gross Profit for the quarter that ended in Sep. 2024 was €158.58 Mil. Foroya Banki P/F's average Total Assets over the quarter that ended in Sep. 2024 was €1,846.40 Mil. Therefore, Foroya Banki P/F's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 8.59%.


Foroya Banki P/F Gross-Profit-to-Asset % Historical Data

The historical data trend for Foroya Banki P/F'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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Foroya Banki P/F Gross-Profit-to-Asset % Chart

Foroya Banki P/F 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 2.63 2.64 3.50 3.21 4.91

Foroya Banki P/F Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.72 2.32 4.39 4.99 8.59

Competitive Comparison of Foroya Banki P/F's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Foroya Banki P/F'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.


Foroya Banki P/F's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Foroya Banki P/F's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Foroya Banki P/F's Gross-Profit-to-Asset % falls into.



Foroya Banki P/F Gross-Profit-to-Asset % Calculation

Foroya Banki P/F'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 )
=82.777/( (1635.466+1736.761)/ 2 )
=82.777/1686.1135
=4.91 %

Foroya Banki P/F's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=158.584/( (1807.713+1885.083)/ 2 )
=158.584/1846.398
=8.59 %

* 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 (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Foroya Banki P/F Gross-Profit-to-Asset % Related Terms

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Foroya Banki P/F Business Description

Traded in Other Exchanges
Address
Oknarvegur 5, P.O. Box 3048, Torshavn, FRO, FO-110
Foroya Banki P/F formerly BankNordik P/F is a banking company. It provides a range of banking products and financial services to private and corporate customers. Its business units include Banking and Non-life insurance. The Banking unit comprises of Personal Banking and Corporate Banking. Personal Banking comprises private customers in the Faroe Islands and Greenland. Corporate Banking comprises corporate customers mainly in the Faroe Islands and in Greenland. The corporate also comprises a few remaining corporate customers from Denmark. Non-life insurance comprises the insurance company P/F TRYGD based The Faroe Islands. TRYGD is responsible for the-life insurance products. It operates in the Faroe Islands, Denmark and Greenland of which key revenue is derived from the Faroe Islands.

Foroya Banki P/F Headlines

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