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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	921.45	835.78	720.92	1,239	924.9	650.31
Investment Securities	1,928	1,732	1,456	1,152	940.46	821.46
Trading Asset Securities	28.08	26.23	18.42	18.3	15.22	16.54
Total Investments	1,956	1,758	1,475	1,171	955.68	837.99
Gross Loans	4,582	4,458	4,180	3,510	3,089	2,750
Allowance for Loan Losses	-226.46	-194.09	-171.94	-141.54	-119.48	-97.02
Other Adjustments to Gross Loans	-20.61	-17.85	-16.35	-16.92	-17	-16.68
Net Loans	4,335	4,246	3,991	3,351	2,952	2,636
Property, Plant & Equipment	108.54	102.57	94.92	91.13	94.16	98.66
Goodwill	-	1.38	1.38	1.38	1.38	1.38
Other Intangible Assets	29.17	27.15	25.51	26.07	25.67	23.03
Accrued Interest Receivable	13.42	27.1	21.16	14.73	14.39	15.72
Other Receivables	6.56	0.31	0.17	0.04	0.1	0.1
Restricted Cash	289.43	272.37	248.23	236.65	193.25	244.37
Other Current Assets	14.64	13.95	9.97	7.88	8.18	7.25
Long-Term Deferred Tax Assets	34.66	37.42	32.82	27.75	25.59	12.89
Other Real Estate Owned & Foreclosed	87.76	78.04	52.98	51.3	49.41	42.37
Other Long-Term Assets	19.08	19.56	16.62	44.36	28.62	9.59
Total Assets	7,815	7,420	6,691	6,263	5,274	4,580
Accounts Payable	0.54	0.7	0.65	0.55	0.38	0.79
Accrued Expenses	14.71	16.48	15.25	11.24	10.6	10.95
Interest Bearing Deposits	5,073	5,784	5,419	5,093	4,166	3,670
Non-Interest Bearing Deposits	1,188	178.58	105.45	134.05	118.12	56.17
Total Deposits	6,260	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	15.07	30.87	28.93	21.93	24.62	21.22
Accrued Interest Payable	68.9	61.27	40.43	28.65	-	35.74
Other Current Liabilities	31.89	193.17	121.54	114.51	103.79	87.69
Long-Term Debt	265.23	244.7	184.64	126.69	105.96	29.22
Long-Term Leases	31.14	28.74	27.41	25.23	24.52	23.8
Long-Term Unearned Revenue	0.56	2.76	2.22	1.52	1.61	1.71
Long-Term Deferred Tax Liabilities	0.02	-	-	0.16	-	-
Other Long-Term Liabilities	461.51	206.75	179.29	170.08	204.64	125.75
Total Liabilities	7,150	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	205.54	205.73	206.35	186.06	170.35	146.36
Comprehensive Income & Other	72.45	75.77	6.48	1.74	-2.61	0.7
Total Common Equity	546.21	549.71	453.05	428.01	407.96	387.27
Minority Interest	118.92	113.89	106.99	101.46	98.45	91.97
Shareholders' Equity	665.13	663.6	560.04	529.47	506.4	479.24
Total Liabilities & Equity	7,815	7,420	6,691	6,263	5,274	4,580
Total Debt	296.36	281.8	217.5	157.23	137.91	90.62
Net Cash (Debt)	673.34	594.3	535.85	1,109	806.66	579.22
Net Cash Growth	33.04%	10.91%	-51.69%	37.49%	39.27%	89.82%
Net Cash Per Share	3.37	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	2.38	2.39	2.27	2.14	2.04	1.94
Tangible Book Value	517.04	521.18	426.15	400.56	380.91	362.86
Tangible Book Value Per Share	2.23	2.25	2.13	2.00	1.90	1.81

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