Arab Banking Corporation (Jordan) (ASE: ABCO)

ABCO Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	223.47	203.36	135.41	77.23	109.69	85.25
Investment Securities	258.13	293.48	293.32	298.93	269.76	288.89
Trading Asset Securities	-	0.38	0.47	0.02	0.09	0.21
Mortgage-Backed Securities	32	-	-	51.93	62.63	35.01
Total Investments	290.13	293.86	293.78	350.88	332.47	324.11
Gross Loans	887.31	854.49	856.68	780.56	720.73	692.85
Allowance for Loan Losses	-70.87	-67.58	-68.13	-61.1	-55.91	-42.55
Other Adjustments to Gross Loans	-26.12	-23.74	-22.35	-17.34	-14.15	-10.71
Net Loans	790.32	763.17	766.2	702.12	650.67	639.6
Property, Plant & Equipment	36.74	35.82	35.7	35.52	31.91	25.33
Other Intangible Assets	1.25	1.08	1.25	1.56	1.52	1.7
Accrued Interest Receivable	4.88	6.74	8.97	5.83	7.07	6.33
Other Receivables	3.95	0.05	0.09	0.12	0.52	0.07
Restricted Cash	39.42	40.06	40.99	35.26	32.5	42.05
Other Current Assets	2.35	2.6	2.46	2.5	2.31	2.48
Long-Term Deferred Tax Assets	7.26	8.05	8.07	9.07	9.23	7.08
Other Real Estate Owned & Foreclosed	4.85	6.64	6.86	7.09	2.45	2.43
Other Long-Term Assets	3.86	34.51	51.02	2.85	3.26	2.63
Total Assets	1,408	1,396	1,351	1,230	1,184	1,139
Accounts Payable	7.37	5.83	7.21	7.47	9.57	9.03
Accrued Expenses	2.09	1.75	1.88	2.4	1.18	1.24
Interest Bearing Deposits	983.57	938.72	857.01	777.23	759.22	750.8
Non-Interest Bearing Deposits	78.82	106.73	123.6	89.52	82.23	85.58
Total Deposits	1,062	1,045	980.61	866.75	841.45	836.38
Short-Term Borrowings	0.18	2.58	9.42	8.04	3.56	1.96
Current Portion of Long-Term Debt	-	18.9	31.4	42.15	70.68	20.45
Current Portion of Leases	-	0.15	0.17	0.16	0.16	0.2
Current Income Taxes Payable	0.44	2.98	2.28	7.26	6.46	2.48
Accrued Interest Payable	9.84	12.12	7.54	5.47	4.38	7.93
Other Current Liabilities	2.64	43.52	43.3	46.32	45.34	31.46
Long-Term Debt	97.11	81.53	84.14	53.58	19.62	35.65
Long-Term Leases	3.36	2.67	2.65	2.6	2.59	3.02
Long-Term Unearned Revenue	0.45	0.47	0.49	0.11	0.13	0.29
Other Long-Term Liabilities	56.93	12.21	15.47	17.03	15.53	30.12
Total Liabilities	1,243	1,231	1,187	1,062	1,024	982.17
Common Stock	110	110	110	110	110	110
Additional Paid-In Capital	0.07	0.07	0.07	0.07	0.07	0.07
Retained Earnings	55.08	55.39	54.79	54.72	45.1	43.88
Comprehensive Income & Other	0.19	-0.12	-1.08	3.57	4.71	2.94
Shareholders' Equity	165.34	165.33	163.77	168.35	159.88	156.89
Total Liabilities & Equity	1,408	1,396	1,351	1,230	1,184	1,139
Total Debt	100.64	105.85	127.78	106.53	96.61	61.28
Net Cash (Debt)	132.76	115.65	15.63	-5.3	20.51	26.79
Net Cash Growth	-8.09%	639.99%	-	-	-23.45%	-35.65%
Net Cash Per Share	1.21	1.05	0.14	-0.05	0.19	0.24
Filing Date Shares Outstanding	110	110	110	110	110	110
Total Common Shares Outstanding	110	110	110	110	110	110
Book Value Per Share	1.50	1.50	1.49	1.53	1.45	1.43
Tangible Book Value	164.09	164.25	162.52	166.8	158.36	155.19
Tangible Book Value Per Share	1.49	1.49	1.48	1.52	1.44	1.41

Source: S&P Capital IQ. Banks template. Financial Sources.