Bank of Bahrain and Kuwait B.S.C. (BAX: BBK)

BBK Balance Sheet

Financials in millions BHD. 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	950.6	699.6	599.1	566.9	517.7	536.8
Investment Securities	1,369	1,351	1,256	1,330	1,516	1,458
Trading Asset Securities	28.3	45.1	61.6	5.1	3.4	2
Total Investments	1,397	1,396	1,317	1,335	1,520	1,460
Gross Loans	1,689	1,660	1,693	1,699	1,648	1,774
Allowance for Loan Losses	-83.7	-71.2	-79.2	-91.3	-92.4	-103.3
Net Loans	1,605	1,588	1,614	1,607	1,556	1,671
Property, Plant & Equipment	37.1	37.8	37.5	34.7	35.5	35.2
Accrued Interest Receivable	36	29.3	27.7	18.8	19.1	19.7
Other Receivables	25.4	32	44.3	24.8	29.7	27.2
Restricted Cash	106.4	94.7	91.9	54	51.5	89
Other Current Assets	3.2	2.1	2.4	2.3	2.3	2.1
Long-Term Deferred Tax Assets	0.9	0.8	1.1	1.4	1.6	1.3
Other Real Estate Owned & Foreclosed	18.1	17.8	17.6	15	12.6	12.2
Other Long-Term Assets	-	3.5	0.9	12.4	15.1	10.4
Total Assets	4,180	3,902	3,754	3,673	3,760	3,865
Accounts Payable	28.5	35.5	42.5	27.1	31.7	20.6
Accrued Expenses	33.6	35.3	22.2	29.9	38.4	49.2
Interest Bearing Deposits	314.6	2,046	1,864	1,840	1,929	2,042
Non-Interest Bearing Deposits	2,475	490.7	542.2	540.6	568.9	491
Total Deposits	2,789	2,536	2,406	2,381	2,498	2,533
Short-Term Borrowings	5.9	2	2.8	28.6	57.9	27
Current Portion of Long-Term Debt	-	301	269.2	156.4	195	286.9
Accrued Interest Payable	42.6	37.9	27.1	19.5	15.2	24
Long-Term Debt	652.5	327.5	372.1	471.9	392.7	359.5
Long-Term Leases	4.6	4.2	5.2	6.1	6.5	6.1
Other Long-Term Liabilities	10.6	8.4	7.8	7.5	10.8	12.1
Total Liabilities	3,568	3,288	3,155	3,128	3,246	3,318
Common Stock	181.7	173	164.8	149.8	136.2	129.7
Additional Paid-In Capital	105.6	105.6	105.6	105.6	105.6	105.6
Retained Earnings	310.7	318.7	322.9	297.5	285.8	308.3
Treasury Stock	-3.8	-4.1	-4.7	-5	-5.2	-5.2
Comprehensive Income & Other	15.8	17.9	7.7	-5.1	-10.6	5.5
Total Common Equity	610	611.1	596.3	542.8	511.8	543.9
Minority Interest	2.7	2.8	2.7	2.4	2.7	3.1
Shareholders' Equity	612.7	613.9	599	545.2	514.5	547
Total Liabilities & Equity	4,180	3,902	3,754	3,673	3,760	3,865
Total Debt	663	634.7	649.3	663	652.1	679.5
Net Cash (Debt)	320.5	111.4	13.9	-89.6	-124.8	-111.8
Net Cash Growth	57.03%	701.44%	-	-	-	-
Net Cash Per Share	0.18	0.06	0.01	-0.05	-0.07	-0.07
Filing Date Shares Outstanding	1,807	1,806	1,803	1,802	1,800	1,799
Total Common Shares Outstanding	1,807	1,806	1,803	1,802	1,800	1,799
Book Value Per Share	0.34	0.34	0.33	0.30	0.28	0.30
Tangible Book Value	610	611.1	596.3	542.8	511.8	543.9
Tangible Book Value Per Share	0.34	0.34	0.33	0.30	0.28	0.30

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