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Bank of Palestine (XPAE:BOP) Gross-Profit-to-Asset % : 4.65% (As of Dec. 2023)


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What is Bank of Palestine 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. Bank of Palestine's annualized Gross Profit for the quarter that ended in Dec. 2023 was $320.7 Mil. Bank of Palestine's average Total Assets over the quarter that ended in Dec. 2023 was $6,895.1 Mil. Therefore, Bank of Palestine's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.65%.


Bank of Palestine Gross-Profit-to-Asset % Historical Data

The historical data trend for Bank of Palestine'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.

Bank of Palestine Gross-Profit-to-Asset % Chart

Bank of Palestine 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 4.62 3.95 4.25 4.43 4.75

Bank of Palestine 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 4.38 5.11 5.17 4.56 4.65

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

For the Banks - Regional subindustry, Bank of Palestine'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.


Bank of Palestine's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



Bank of Palestine Gross-Profit-to-Asset % Calculation

Bank of Palestine'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 )
=323.374/( (6487.961+7126.061)/ 2 )
=323.374/6807.011
=4.75 %

Bank of Palestine'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 )
=320.708/( (6664.085+7126.061)/ 2 )
=320.708/6895.073
=4.65 %

* 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.


Bank of Palestine Gross-Profit-to-Asset % Related Terms

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Bank of Palestine (XPAE:BOP) Business Description

Traded in Other Exchanges
N/A
Address
Ain Misbah, P.O. Box 471, Ramallah, PSE
Bank of Palestine is active in the banking operation in Palestine. The areas of businesses under its portfolio include Retail banking, Corporate banking and Treasury services, which are also its operating segments. The Retail banking is its key segment and generates the maximum revenues through interest received from individual customers' deposits and providing consumer loans, overdrafts, credit card facilities and other services. The Corporate banking segment includes handling loans, credit facilities, deposits and current accounts for corporate, institutional customers and public sector. Under the Treasury service umbrella, the bank provides trading and treasury services and manages the bank's funds and investment.

Bank of Palestine (XPAE:BOP) Headlines

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