QNB Bank A.S. (IST: QNBTR)

QNB Bank A.S. Balance Sheet

Financials in millions TRY. 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	138,262	120,023	73,653	48,396	16,177	14,918
Investment Securities	244,117	171,671	102,683	49,806	34,171	28,745
Trading Asset Securities	24,285	18,686	24,175	22,560	9,836	8,311
Total Investments	268,402	190,357	126,858	72,366	44,007	37,056
Gross Loans	873,540	636,077	383,512	226,745	158,689	126,344
Allowance for Loan Losses	-36,015	-27,869	-17,256	-12,696	-11,163	-8,718
Other Adjustments to Gross Loans	-6,601	-5,489	-3,172	-1,704	-1,204	-975.51
Net Loans	830,924	602,720	363,085	212,345	146,322	116,650
Property, Plant & Equipment	15,830	14,611	4,791	3,695	3,489	3,387
Other Intangible Assets	5,996	4,024	1,055	648.59	520.72	453.37
Other Receivables	1,131	-	101.94	2.04	29.63	6.25
Restricted Cash	103,816	66,075	40,474	37,867	13,484	8,154
Other Current Assets	-	-	56.13	19.85	16.93	8.52
Long-Term Deferred Tax Assets	3,798	6,790	563.76	341.69	1,034	445.24
Other Long-Term Assets	34,450	18,823	10,506	8,168	9,939	6,448
Total Assets	1,402,610	1,023,422	621,144	383,849	235,020	187,526
Accrued Expenses	2,903	1,616	538.97	281.43	140.13	130.32
Interest Bearing Deposits	586,874	447,040	285,286	139,061	86,153	84,882
Non-Interest Bearing Deposits	230,220	183,687	107,477	86,815	44,122	20,619
Total Deposits	817,094	630,728	392,763	225,877	130,275	105,500
Short-Term Borrowings	72,488	61,246	42,182	27,284	20,105	12,542
Current Portion of Long-Term Debt	102,379	25,635	5,238	31,387	-	442.89
Current Portion of Leases	41.76	49.23	13.52	12.07	74.66	25.01
Current Income Taxes Payable	2,166	2,802	2,947	246.59	1,129	301.26
Long-Term Debt	209,801	156,064	86,736	51,212	50,371	40,503
Long-Term Leases	1,212	1,124	728.11	475.2	357.42	412.27
Long-Term Deferred Tax Liabilities	41.44	-	-	-	-	-
Other Long-Term Liabilities	86,668	62,523	45,722	24,923	13,326	10,904
Total Liabilities	1,294,794	941,788	576,868	361,697	215,778	170,761
Common Stock	3,350	3,350	3,350	3,350	3,350	3,350
Additional Paid-In Capital	0.71	0.71	0.71	0.71	0.71	0.71
Retained Earnings	98,607	71,376	38,203	20,980	17,073	14,218
Comprehensive Income & Other	5,837	6,891	2,710	-2,187	-1,191	-810.62
Total Common Equity	107,796	81,618	44,264	22,143	19,233	16,758
Minority Interest	21.2	16.79	11.82	9.4	8.18	7.34
Shareholders' Equity	107,817	81,634	44,276	22,152	19,241	16,765
Total Liabilities & Equity	1,402,610	1,023,422	621,144	383,849	235,020	187,526
Total Debt	385,922	244,118	134,897	110,369	70,908	53,925
Net Cash (Debt)	-223,374	-105,409	-37,069	-39,413	-44,896	-30,696
Net Cash Per Share	-66.68	-31.47	-11.07	-11.76	-13.40	-9.16
Filing Date Shares Outstanding	3,350	3,350	3,350	3,350	3,350	3,350
Total Common Shares Outstanding	3,350	3,350	3,350	3,350	3,350	3,350
Book Value Per Share	32.18	24.36	13.21	6.61	5.74	5.00
Tangible Book Value	101,799	77,594	43,210	21,494	18,712	16,305
Tangible Book Value Per Share	30.39	23.16	12.90	6.42	5.59	4.87

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