Bank al Etihad (ASE: UBSI)

Bank al Etihad 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	954.79	835.78	720.92	1,239	924.9	650.31
Investment Securities	1,991	1,732	1,456	1,152	940.46	821.46
Trading Asset Securities	30.34	26.23	18.42	18.3	15.22	16.54
Total Investments	2,022	1,758	1,475	1,171	955.68	837.99
Gross Loans	4,690	4,458	4,180	3,510	3,089	2,750
Allowance for Loan Losses	-244.8	-194.09	-171.94	-141.54	-119.48	-97.02
Other Adjustments to Gross Loans	-22.49	-17.85	-16.35	-16.92	-17	-16.68
Net Loans	4,422	4,246	3,991	3,351	2,952	2,636
Property, Plant & Equipment	114.79	102.57	94.92	91.13	94.16	98.66
Goodwill	-	1.38	1.38	1.38	1.38	1.38
Other Intangible Assets	29.92	27.15	25.51	26.07	25.67	23.03
Accrued Interest Receivable	28.07	27.1	21.16	14.73	14.39	15.72
Other Receivables	1.61	0.31	0.17	0.04	0.1	0.1
Restricted Cash	298.5	272.37	248.23	236.65	193.25	244.37
Other Current Assets	16.42	13.95	9.97	7.88	8.18	7.25
Long-Term Deferred Tax Assets	37.42	37.42	32.82	27.75	25.59	12.89
Other Real Estate Owned & Foreclosed	99.63	78.04	52.98	51.3	49.41	42.37
Other Long-Term Assets	19.88	19.56	16.62	44.36	28.62	9.59
Total Assets	8,045	7,420	6,691	6,263	5,274	4,580
Accounts Payable	0.63	0.7	0.65	0.55	0.38	0.79
Accrued Expenses	16.67	16.48	15.25	11.24	10.6	10.95
Interest Bearing Deposits	5,327	5,784	5,419	5,093	4,166	3,670
Non-Interest Bearing Deposits	1,151	178.58	105.45	134.05	118.12	56.17
Total Deposits	6,478	5,963	5,524	5,227	4,284	3,726
Current Portion of Long-Term Debt	-	6	3.18	3.18	5.49	35.95
Current Portion of Leases	-	2.35	2.27	2.13	1.94	1.65
Current Income Taxes Payable	20.09	30.87	28.93	21.93	24.62	21.22
Accrued Interest Payable	67.39	61.27	40.43	28.65	-	35.74
Other Current Liabilities	31.42	193.17	121.54	114.51	103.79	87.69
Long-Term Debt	283.93	244.7	184.64	126.69	105.96	29.22
Long-Term Leases	31.17	28.74	27.41	25.23	24.52	23.8
Long-Term Unearned Revenue	2.8	2.76	2.22	1.52	1.61	1.71
Long-Term Deferred Tax Liabilities	0.19	-	-	0.16	-	-
Other Long-Term Liabilities	436.43	206.75	179.29	170.08	204.64	125.75
Total Liabilities	7,369	6,756	6,131	5,733	4,767	4,100
Common Stock	200	200	160	160	160	160
Additional Paid-In Capital	68.21	68.21	80.21	80.21	80.21	80.21
Retained Earnings	214.85	205.73	206.35	186.06	170.35	146.36
Comprehensive Income & Other	70.61	75.77	6.48	1.74	-2.61	0.7
Total Common Equity	553.67	549.71	453.05	428.01	407.96	387.27
Minority Interest	122.37	113.89	106.99	101.46	98.45	91.97
Shareholders' Equity	676.04	663.6	560.04	529.47	506.4	479.24
Total Liabilities & Equity	8,045	7,420	6,691	6,263	5,274	4,580
Total Debt	315.1	281.8	217.5	157.23	137.91	90.62
Net Cash (Debt)	691.37	594.3	535.85	1,109	806.66	579.22
Net Cash Growth	21.18%	10.91%	-51.69%	37.49%	39.27%	89.82%
Net Cash Per Share	3.46	2.97	2.68	5.55	4.03	2.90
Filing Date Shares Outstanding	200	200	200	200	200	200
Total Common Shares Outstanding	200	200	200	200	200	200
Book Value Per Share	2.41	2.39	2.27	2.14	2.04	1.94
Tangible Book Value	523.75	521.18	426.15	400.56	380.91	362.86
Tangible Book Value Per Share	2.26	2.25	2.13	2.00	1.90	1.81

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