Oman Arab Bank SAOG (MSM: OAB)

Oman Arab Bank SAOG Balance Sheet

Financials in millions OMR. 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	269.12	280.68	152.56	238.85	279.73	209.97
Investment Securities	371.05	326.1	331.22	302.02	239.82	161.5
Trading Asset Securities	4.3	5.82	2.39	2.33	1.49	5.18
Total Investments	375.35	331.92	333.6	304.35	241.31	166.68
Gross Loans	3,712	3,493	3,247	2,857	2,748	2,060
Allowance for Loan Losses	-190.61	-174.35	-149.71	-88.2	-90.61	-47.15
Other Adjustments to Gross Loans	-56.42	-43.92	-29.92	-15.87	-11.72	-6.41
Net Loans	3,465	3,275	3,067	2,753	2,645	2,006
Property, Plant & Equipment	40.28	43.1	38.5	43.3	46.61	39.73
Goodwill	-	-	-	-	6.51	-
Other Intangible Assets	6.36	6.59	6.9	7.21	-	-
Accrued Interest Receivable	52.58	47.53	46.54	41.92	36.28	22.33
Other Receivables	2.5	1.47	2.15	2.12	14.75	22.52
Restricted Cash	1.03	1.03	1.03	1.03	1.03	0.5
Other Current Assets	18.83	14.29	15.53	22.99	15.71	24.81
Long-Term Deferred Tax Assets	-	0.74	2.05	5.86	2.87	-
Other Real Estate Owned & Foreclosed	3.9	3.1	3.5	4.4	0.8	0.8
Other Long-Term Assets	18.44	13.85	12.43	10.2	11.46	3.47
Total Assets	4,253	4,019	3,682	3,436	3,302	2,497
Accrued Expenses	28.57	25.16	21.43	16.26	13.7	10.6
Interest Bearing Deposits	2,289	2,439	1,957	2,112	2,010	1,221
Non-Interest Bearing Deposits	1,272	922.07	1,040	701.49	750.21	785.11
Total Deposits	3,561	3,361	2,997	2,814	2,760	2,006
Short-Term Borrowings	33.62	34.82	90.57	11.6	9.94	24.67
Current Portion of Long-Term Debt	-	-	-	-	20	-
Current Income Taxes Payable	9.19	5.24	3.41	3.05	4.23	6.31
Accrued Interest Payable	47.21	38.68	34.49	26.87	30.27	24.25
Other Current Liabilities	22.42	15.68	17.95	23.63	20.33	24.74
Long-Term Debt	-	-	-	-	-	20
Long-Term Leases	7.04	7.56	1.7	4.29	5.98	7.04
Long-Term Unearned Revenue	4.42	4.32	3.68	2.31	2.14	2.86
Long-Term Deferred Tax Liabilities	0.04	0.11	0.2	0.17	0.41	0.75
Other Long-Term Liabilities	6.95	9.75	13.31	9.58	3.57	0.91
Total Liabilities	3,720	3,502	3,184	2,911	2,871	2,128
Common Stock	166.94	166.94	166.94	166.94	166.94	134.62
Additional Paid-In Capital	36.57	36.57	36.57	36.57	36.57	-
Retained Earnings	179.56	164.46	154.62	149.27	153.47	159.71
Comprehensive Income & Other	150.24	149.01	139.48	171.56	74.6	74.52
Shareholders' Equity	533.31	516.98	497.6	524.34	431.58	368.84
Total Liabilities & Equity	4,253	4,019	3,682	3,436	3,302	2,497
Total Debt	40.66	42.38	92.27	15.89	35.92	51.71
Net Cash (Debt)	232.77	244.12	62.67	225.29	245.3	163.44
Net Cash Growth	418.46%	289.51%	-72.18%	-8.16%	50.09%	-32.10%
Net Cash Per Share	0.14	0.15	0.04	0.13	0.16	0.12
Filing Date Shares Outstanding	1,669	1,669	1,669	1,669	1,669	1,346
Total Common Shares Outstanding	1,669	1,669	1,669	1,669	1,669	1,346
Book Value Per Share	0.23	0.22	0.21	0.21	0.22	0.22
Tangible Book Value	526.95	510.39	490.7	517.13	425.07	368.84
Tangible Book Value Per Share	0.23	0.22	0.21	0.21	0.21	0.22

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