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Commercial Bank Of Kuwait (KUW:CBK) Selling, General, & Admin. Expense : KWD21.0 Mil (TTM As of Mar. 2024)


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What is Commercial Bank Of Kuwait Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Commercial Bank Of Kuwait's selling, general, & admin. expense for the three months ended in Mar. 2024 was KWD6.1 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD21.0 Mil.


Commercial Bank Of Kuwait Selling, General, & Admin. Expense Historical Data

The historical data trend for Commercial Bank Of Kuwait's Selling, General, & Admin. 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.

* Premium members only.

Commercial Bank Of Kuwait Selling, General, & Admin. Expense Chart

Commercial Bank Of Kuwait Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.03 15.11 14.42 17.31 21.91

Commercial Bank Of Kuwait Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense 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 7.01 5.00 5.61 4.31 6.13

Competitive Comparison of Commercial Bank Of Kuwait's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Commercial Bank Of Kuwait's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Commercial Bank Of Kuwait's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commercial Bank Of Kuwait's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Commercial Bank Of Kuwait's Selling, General, & Admin. Expense falls into.



Commercial Bank Of Kuwait Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD21.0 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.


Commercial Bank Of Kuwait  (KUW:CBK) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Commercial Bank Of Kuwait Selling, General, & Admin. Expense Related Terms

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Commercial Bank Of Kuwait (KUW:CBK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029
Commercial Bank Of Kuwait is the financial institution in Kuwait. It operates corporate and retail banking franchise that provides innovative financial and investment solutions to its growing customer base. The company operates in two segments: Corporate and Retail banking, which provides a full range of lending, deposit, and related banking services to domestic and international corporate and individual customers; and Treasury and Investment banking segment comprises of money market, foreign exchange, treasury bonds, and brokerage services. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

Commercial Bank Of Kuwait (KUW:CBK) Headlines

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