Banco Bmg (BSP:BMGB4) Total Assets : R$46,148 Mil (As of Mar. 2024)

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What is Banco Bmg Total Assets?

Banco Bmg's Total Assets for the quarter that ended in Mar. 2024 was R$46,148 Mil.

Warning Sign:

If a company builds assets at 22.9% a year, faster than its revenue growth rate of 15.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Banco Bmg's average Total Assets Growth Rate was 4.10% per year. During the past 3 years, the average Total Assets Growth Rate was 30.60% per year. During the past 5 years, the average Total Assets Growth Rate was 22.90% per year.

During the past 6 years, Banco Bmg's highest 3-Year average Total Assets Growth Rate was 30.60%. The lowest was 19.80%. And the median was 24.90%.

Total Assets is connected with ROA %. Banco Bmg's annualized ROA % for the quarter that ended in Mar. 2024 was 0.86%. Total Assets is also linked to Revenue through Asset Turnover. Banco Bmg's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Banco Bmg Total Assets Historical Data

The historical data trend for Banco Bmg's Total Assets 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.

Banco Bmg Total Assets Chart

Banco Bmg Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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17,368.93

19,573.48

28,166.56

34,250.37

44,588.27

Banco Bmg Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Mar24
Total Assets	Get a 7-Day Free Trial															43,341.79	44,588.27	44,077.78	43,832.14	46,147.58

Banco Bmg 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.

Banco Bmg's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	4130.867	+	40457.403
	=	44,588

Banco Bmg's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	4235.122	+	41912.46
	=	46,148

Banco Bmg (BSP:BMGB4) Total Assets Explanation

Total Assets is connected with ROA %.

Banco Bmg's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	387.964	/	( (43832.142	+	46147.582)	/ 2 )
	=	387.964	/	44989.862
	=	0.86 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Banco Bmg's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	724.003	/	( (43832.142	+	46147.582)	/ 2 )
=	724.003	/	44989.862
=	0.02

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.

Banco Bmg Total Assets Related Terms

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Banco Bmg (BSP:BMGB4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Bmg SA (BSP:BMGB4) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Avenida Presidente Juscelino Kubitscheck, 1830, 10th Floor, Tower 2, Vila Nova Conceicao, Sao Paulo, SP, BRA, CEP 04543-900

Website

https://www.bancobmg.com.br

Banco Bmg SA BMG is a Brazilian company that operates as a multiple service bank with commercial and credit, financing and investment portfolios. The company operates in three segments: Retail Banking, Wholesale Banking and Insurance. The majority of the revenue is generated from the retail banking segment.

Banco Bmg (BSP:BMGB4) Headlines

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