Abu Dhabi Commercial Bank's Total Assets for the quarter that ended in Sep. 2024 was د.إ638,754 Mil.
During the past 12 months, Abu Dhabi Commercial Bank's average Total Assets Growth Rate was 18.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.80% per year.
During the past 13 years, Abu Dhabi Commercial Bank's highest 3-Year average Total Assets Growth Rate was 44.70%. The lowest was 1.70%. And the median was 11.40%.
* 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.
Abu Dhabi Commercial Bank Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Abu Dhabi Commercial Bank's Total Assets for the fiscal year that ended in Dec. 2023 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.
Abu Dhabi Commercial Bank (ADX:ADCB) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Abu Dhabi Commercial Bank's Asset Turnover for the quarter that ended in Sep. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Abu Dhabi Commercial Bank Total Assets Related Terms
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Abu Dhabi Commercial Bank is a full-service commercial bank that operates in and has nearly the entirety of its loan book exposed to the United Arab Emirates. The bank's five business groups include Retail banking, Private banking, Corporate and Investment Banking Group, Investments and treasury, and Property management. It generates maximum revenue from the Wholesale banking segment. The Corporate and Investment Banking Group segment invests in digital platforms to continue to deliver service levels and enhance customer convenience.
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