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First Capital Bank (XZIM:FCA.ZW) Net Income : ZWL8,393 Mil (TTM As of Dec. 2022)


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What is First Capital Bank Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. First Capital Bank's Net Income for the six months ended in Dec. 2022 was ZWL7,921 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was ZWL8,393 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. First Capital Bank's Earnings per Share (Diluted) for the six months ended in Dec. 2022 was ZWL3.63.


First Capital Bank Net Income Historical Data

The historical data trend for First Capital Bank's Net Income 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.

First Capital Bank Net Income Chart

First Capital Bank Annual Data
Trend Dec08 Dec09 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial 82.37 -732.48 759.08 11,530.18 8,392.78

First Capital Bank Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 335.90 483.79 11,046.38 471.87 7,920.91

First Capital Bank Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

First Capital Bank's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=11926.656+-3533.876+0+0
=8,393

First Capital Bank's Net Income for the quarter that ended in Dec. 2022 is calculated as

Net Income(Q: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=9555.782+-1634.873+0+0
=7,921

Net Income for the trailing twelve months (TTM) ended in Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL8,393 Mil.

* 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.


First Capital Bank  (XZIM:FCA.ZW) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

First Capital Bank's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2022 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


First Capital Bank Net Income Related Terms

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First Capital Bank (XZIM:FCA.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Corner First Street and Jason Moyo Avenue, P.O. Box 1279, Barclay House, Harare, ZWE
First Capital Bank Ltd is a commercial bank. The company's operating segment includes Retail Banking; Corporate Banking; Business Banking and Treasury. It generates maximum revenue from the Corporate banking and Treasury segment. The Corporate banking segment focuses on large corporates, multinationals, and non-governmental organizations. Its product offering includes current accounts, overdrafts, loans, and foreign currency products. The treasury segment focuses on the management of the overall bank operating asset balances and balance sheet structure.

First Capital Bank (XZIM:FCA.ZW) Headlines

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