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Al Rajhi Bank (SAU:1120) Gross-Profit-to-Asset % : 3.46% (As of Dec. 2023)


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What is Al Rajhi Bank 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. Al Rajhi Bank's annualized Gross Profit for the quarter that ended in Dec. 2023 was ﷼27,812 Mil. Al Rajhi Bank's average Total Assets over the quarter that ended in Dec. 2023 was ﷼804,791 Mil. Therefore, Al Rajhi Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.46%.


Al Rajhi Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for Al Rajhi Bank'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.

Al Rajhi Bank Gross-Profit-to-Asset % Chart

Al Rajhi Bank 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 5.20 4.85 4.69 4.12 3.50

Al Rajhi Bank 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 3.86 3.53 3.50 3.47 3.46

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

For the Banks - Regional subindustry, Al Rajhi Bank'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.


Al Rajhi Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



Al Rajhi Bank Gross-Profit-to-Asset % Calculation

Al Rajhi Bank'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 )
=27433.692/( (761618.888+808098.272)/ 2 )
=27433.692/784858.58
=3.50 %

Al Rajhi Bank'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 )
=27812.44/( (801483.269+808098.272)/ 2 )
=27812.44/804790.7705
=3.46 %

* 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.


Al Rajhi Bank Gross-Profit-to-Asset % Related Terms

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Al Rajhi Bank (SAU:1120) Business Description

Traded in Other Exchanges
N/A
Address
8467 King Fahd Road, Unit No. 1, Al Muruj District, Riyadh, SAU, 12263 - 2743
Al Rajhi Bank is an Islamic bank with a network of over 500 branches. Its segments include the Retail segment which includes accepting individual customer deposits, providing credit facilities, customer debit current accounts, fees from banking services, and remittance business; Corporate segment that incorporates deposits of VIP, corporate customer deposits, credit facilities, and debit current accounts, Treasury segment through which it offers treasury services, Murabaha with SAMA and international Mutajara portfolio; and Investment services and brokerage that incorporates investments of individuals and corporate in mutual funds, local and international share trading services and investment portfolios.

Al Rajhi Bank (SAU:1120) Headlines

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