Ajman Bank PJSC (DFM: AJMANBANK)

Ajman Bank PJSC Balance Sheet

Financials in millions AED. 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	3,947	4,181	2,106	2,158	589.57	809.72
Investment Securities	2,990	2,974	2,510	2,824	1,039	2,093
Trading Asset Securities	60.65	69.94	0.02	0.33	1.61	3.15
Total Investments	3,051	3,044	2,510	2,824	1,041	2,096
Gross Loans	14,699	15,096	13,820	16,874	20,047	20,241
Allowance for Loan Losses	-642.99	-633.82	-491.68	-900.74	-973.83	-870.39
Other Adjustments to Gross Loans	-652.26	-685.99	-694.56	-811.57	-1,063	-879.67
Net Loans	13,404	13,776	12,634	15,162	18,011	18,491
Property, Plant & Equipment	132.99	125.79	127.08	124.06	131.14	136.21
Investments in Real Estate	387.65	385.76	381.06	359.74	343.39	783.36
Accrued Interest Receivable	140.71	146.15	100.76	101.78	113.3	88.88
Other Receivables	1,294	1,296	1,630	88.1	339.22	382.33
Restricted Cash	852.05	719.38	477.49	428.8	356.61	632.09
Other Current Assets	42.95	24.91	22.21	33.58	33.65	88.29
Other Real Estate Owned & Foreclosed	505.78	1,149	1,055	927.05	34.75	47.07
Other Long-Term Assets	683.79	87.2	66.95	134.82	513.79	70.94
Total Assets	24,440	24,936	21,110	22,342	21,507	23,626
Accrued Expenses	33.4	24.92	35.4	21.99	21.15	21.11
Interest Bearing Deposits	15,525	16,451	14,233	15,859	15,545	17,856
Non-Interest Bearing Deposits	4,809	4,878	4,091	3,615	3,020	2,800
Total Deposits	20,335	21,330	18,324	19,474	18,565	20,656
Current Portion of Leases	-	-	-	-	8.95	12.31
Current Income Taxes Payable	33.01	-	-	-	6.22	-
Accrued Interest Payable	409.16	391.64	115.67	115.99	122.55	286.82
Other Current Liabilities	166.07	66.59	45.85	89.56	280.92	136.99
Long-Term Leases	13.13	10.01	8.2	5.96	-	-
Other Long-Term Liabilities	425.66	437.92	66.42	-	-	-
Total Liabilities	21,415	22,261	18,595	19,708	19,005	21,113
Common Stock	2,724	2,724	2,100	2,100	2,100	2,100
Retained Earnings	531.59	255.86	749.47	586.55	462.95	419.58
Treasury Stock	-33.38	-27.68	-	-	-	-
Comprehensive Income & Other	-196.62	-276.74	-334.39	-51.93	-60.36	-7.26
Shareholders' Equity	3,025	2,675	2,515	2,635	2,503	2,512
Total Liabilities & Equity	24,440	24,936	21,110	22,342	21,507	23,626
Total Debt	13.13	10.01	8.2	5.96	8.95	12.31
Net Cash (Debt)	3,994	4,241	2,098	2,153	582.23	800.55
Net Cash Growth	39.38%	102.19%	-2.56%	269.75%	-27.27%	-76.02%
Net Cash Per Share	1.48	1.66	0.86	0.99	0.27	0.37
Filing Date Shares Outstanding	2,690	2,696	2,174	2,174	2,174	2,174
Total Common Shares Outstanding	2,690	2,696	2,174	2,174	2,174	2,174
Book Value Per Share	1.12	0.99	1.16	1.21	1.15	1.16
Tangible Book Value	3,025	2,675	2,515	2,635	2,503	2,512
Tangible Book Value Per Share	1.12	0.99	1.16	1.21	1.15	1.16

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