Bank of Africa (LSE:BOAR) Other Noninterest Expense : $413 Mil (As of Dec. 2023)

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What is Bank of Africa Other Noninterest Expense?

Bank of Africa's other noninterest expense for the three months ended in Dec. 2023 was $105 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $413 Mil.

Bank of Africa Other Noninterest Expense Historical Data

The historical data trend for Bank of Africa's Other Noninterest Expense 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 Africa Other Noninterest Expense Chart

Bank of Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Noninterest Expense

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745.85

855.27

789.21

394.95

413.64

Bank of Africa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Noninterest Expense	Get a 7-Day Free Trial															110.52	103.96	92.38	111.17	105.47

Bank of Africa Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $413 Mil.

Bank of Africa (LSE:BOAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Africa (LSE:BOAR) » Definitions » Other Noninterest Expense

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Traded in Other Exchanges

BOA:Morocco

Address

140 Avenue Hassan II, Casablanca, MAR, 20000

Website

https://www.ir-bankofafrica.ma

Bank of Africa, formerly Banque Marocaine Du Commerce Exterieur SA is a full-service commercial bank with operations in Morocco and neighboring countries in Africa but also in Europe, China, and Canada. It offers a range of financial services to individual, corporate, and professional clients, including banking, insurance, and asset management. Its products include accounts, credit cards, loans, and other savings and investment products. The bank focuses on developing its core business with stronger market penetration of small and medium-sized businesses and younger customers.

Bank of Africa (LSE:BOAR) Headlines

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