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Bank of Iwate (TSE:8345) Gross-Profit-to-Asset % : 1.01% (As of Dec. 2023)


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What is Bank of Iwate 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 Iwate's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円38,420 Mil. Bank of Iwate's average Total Assets over the quarter that ended in Dec. 2023 was 円3,800,574 Mil. Therefore, Bank of Iwate's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 1.01%.


Bank of Iwate Gross-Profit-to-Asset % Historical Data

The historical data trend for Bank of Iwate'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.

Bank of Iwate Gross-Profit-to-Asset % Chart

Bank of Iwate Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.17 1.12 1.03 1.12

Bank of Iwate 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 1.42 0.95 1.01 1.01 1.01

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

For the Banks - Regional subindustry, Bank of Iwate'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 Iwate's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



Bank of Iwate Gross-Profit-to-Asset % Calculation

Bank of Iwate's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=43426/( (3920260+3820134)/ 2 )
=43426/3870197
=1.12 %

Bank of Iwate'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 )
=38420/( (3802044+3799104)/ 2 )
=38420/3800574
=1.01 %

* 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 Iwate Gross-Profit-to-Asset % Related Terms

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Bank of Iwate (TSE:8345) Business Description

Traded in Other Exchanges
N/A
Address
2-3, Chuodori 1-chome, Iwate, Morioka, JPN, 020-8688
The Bank of Iwate is headquartered in Japan and provides financial services both in Japan and internationally. The company derives the majority of revenue providing deposit and lending services to customers. Customers include individuals, companies and governments. In addition to deposit and lending services, the company invests and trades in securities. The Bank of Iwate focuses operations in Iwate, and the Iwate Prefecture of Japan is a shareholder. The company earns the majority of revenue domestically.

Bank of Iwate (TSE:8345) Headlines

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