Arab Banking Corporation (Jordan) (ASE:ABCO)

ASE:ABCO Balance Sheet

Financials in millions JOD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	224.05	203.36	135.41	77.23	109.69
Investment Securities	286.15	324.47	293.32	298.93	269.76
Trading Asset Securities	0.13	0.38	0.47	0.02	0.09
Mortgage-Backed Securities	-	-	-	51.93	62.63
Total Investments	286.28	324.85	293.78	350.88	332.47
Gross Loans	866.32	854.49	856.68	780.56	720.73
Allowance for Loan Losses	-73.33	-67.58	-68.13	-61.1	-55.91
Other Adjustments to Gross Loans	-26.34	-23.74	-22.35	-17.34	-14.15
Net Loans	766.65	763.17	766.2	702.12	650.67
Property, Plant & Equipment	35.57	32.04	35.7	35.52	31.91
Other Intangible Assets	1.13	1.08	1.25	1.56	1.52
Accrued Interest Receivable	7.24	6.74	8.97	5.83	7.07
Other Receivables	0.11	0.05	0.09	0.12	0.52
Restricted Cash	38.69	40.06	40.99	35.26	32.5
Other Current Assets	1.74	2.6	2.46	2.5	2.31
Long-Term Deferred Tax Assets	7.78	8.05	8.07	9.07	9.23
Other Real Estate Owned & Foreclosed	9.69	6.64	6.86	7.09	2.45
Other Long-Term Assets	4.09	7.3	51.02	2.85	3.26
Total Assets	1,383	1,396	1,351	1,230	1,184
Accounts Payable	7.23	5.83	7.21	7.47	9.57
Accrued Expenses	14.98	13.8	1.88	2.4	1.18
Interest Bearing Deposits	955.21	938.72	857.01	777.23	759.22
Non-Interest Bearing Deposits	84.06	106.73	123.6	89.52	82.23
Total Deposits	1,039	1,045	980.61	866.75	841.45
Short-Term Borrowings	0.05	2.58	9.42	8.04	3.56
Current Portion of Long-Term Debt	65.84	18.9	31.4	42.15	70.68
Current Portion of Leases	0	-	0.17	0.16	0.16
Current Income Taxes Payable	0.36	2.98	2.28	7.26	6.46
Accrued Interest Payable	-	-	7.54	5.47	4.38
Other Current Liabilities	53.45	46.82	43.3	46.32	45.34
Long-Term Debt	28.69	81.53	84.14	53.58	19.62
Long-Term Leases	2.77	2.83	2.65	2.6	2.59
Long-Term Unearned Revenue	0.53	0.47	0.49	0.11	0.13
Other Long-Term Liabilities	5.18	8.98	15.47	17.03	15.53
Total Liabilities	1,219	1,231	1,187	1,062	1,024
Common Stock	110	110	110	110	110
Additional Paid-In Capital	0.07	0.07	0.07	0.07	0.07
Retained Earnings	53.95	55.39	54.79	54.72	45.1
Comprehensive Income & Other	0.3	-0.12	-1.08	3.57	4.71
Shareholders' Equity	164.32	165.33	163.77	168.35	159.88
Total Liabilities & Equity	1,383	1,396	1,351	1,230	1,184
Total Debt	97.35	105.85	127.78	106.53	96.61
Net Cash (Debt)	126.83	115.65	15.63	-5.3	20.51
Net Cash Growth	9.66%	639.99%	-	-	-23.45%
Net Cash Per Share	1.15	1.05	0.14	-0.05	0.19
Filing Date Shares Outstanding	110	110	110	110	110
Total Common Shares Outstanding	110	110	110	110	110
Book Value Per Share	1.49	1.50	1.49	1.53	1.45
Tangible Book Value	163.19	164.25	162.52	166.8	158.36
Tangible Book Value Per Share	1.48	1.49	1.48	1.52	1.44

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.