Quds Bank Ltd. (PEX: QUDS)

Quds Bank Balance Sheet

Financials in millions USD. 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	245.19	229.75	267.4	336.73	332.82	346.19
Investment Securities	88.28	82.11	72.5	83.23	48.2	27.66
Trading Asset Securities	9.96	5.35	7.4	9.41	4.8	2.04
Total Investments	98.24	87.46	79.9	92.64	53	29.71
Gross Loans	1,038	1,073	986.49	1,002	888.99	826.51
Allowance for Loan Losses	-79.54	-72.42	-48.89	-43.62	-38.07	-30.36
Other Adjustments to Gross Loans	-9.22	-8.43	-6.08	-5.7	-3.94	-1.93
Net Loans	949.63	992.03	931.52	953.11	846.97	794.22
Property, Plant & Equipment	54.32	52.25	45.7	47.87	48.04	49.2
Goodwill	-	-	-	-	-	1.98
Other Intangible Assets	2.23	2.82	3.44	3.55	3.51	1.93
Accrued Interest Receivable	11.52	7.11	5.11	4.89	3.72	4.49
Other Receivables	11.78	15.77	3.88	7.27	5.55	6.22
Restricted Cash	131.78	109.77	107.14	107.07	94.98	87.89
Other Current Assets	2.36	2.43	3.43	3.35	3.03	3.18
Long-Term Deferred Tax Assets	9.89	8.66	3.94	4.55	3.79	2.7
Other Real Estate Owned & Foreclosed	-	-	-	0.48	0.64	0.8
Other Long-Term Assets	0.67	0.65	0.63	0.66	0.84	0.65
Total Assets	1,518	1,509	1,452	1,562	1,397	1,329
Accounts Payable	2.72	2.43	0.62	0.38	1.81	1.92
Accrued Expenses	1.38	2.26	2.46	5.38	1.73	2.63
Interest Bearing Deposits	1,172	1,162	1,123	1,175	1,099	1,044
Non-Interest Bearing Deposits	7.42	0.4	3.13	0.74	0.15	0.41
Total Deposits	1,180	1,163	1,126	1,176	1,100	1,045
Short-Term Borrowings	-	10.14	-	3.5	10.25	0.77
Current Portion of Long-Term Debt	3.21	3.31	14.99	4.57	3.2	-
Current Portion of Leases	-	1.33	1.38	1.99	1.21	1.15
Current Income Taxes Payable	6.6	8.03	2.62	5.62	2.34	3.36
Accrued Interest Payable	3.22	3.44	4.9	4.38	5.26	4.32
Other Current Liabilities	3.49	90.59	91.72	130.66	98.01	106.75
Long-Term Debt	30.97	23.52	6.6	55.41	19.61	14
Long-Term Leases	11.85	11.15	12.15	12.67	14.28	16.15
Long-Term Unearned Revenue	1.93	2.32	2.74	-	-	-
Pension & Post-Retirement Benefits	8.91	8.09	8.34	8.1	7.44	6.46
Other Long-Term Liabilities	102.85	24.47	20.02	15.84	9.15	9.49
Total Liabilities	1,357	1,354	1,294	1,424	1,276	1,215
Common Stock	105	100	100	96.43	93.17	90.17
Retained Earnings	52.3	51.22	50.82	38.72	29.38	26.89
Comprehensive Income & Other	0.71	1.24	4.53	1.03	-3.1	-3.07
Total Common Equity	158.01	152.46	155.34	136.18	119.45	114
Minority Interest	2.59	2.52	2.28	1.6	1.08	-
Shareholders' Equity	160.6	154.99	157.63	137.77	120.54	114
Total Liabilities & Equity	1,518	1,509	1,452	1,562	1,397	1,329
Total Debt	46.03	49.46	35.13	78.14	48.54	32.07
Net Cash (Debt)	209.39	185.64	239.67	275.36	289.07	316.16
Net Cash Growth	20.29%	-22.54%	-12.96%	-4.74%	-8.57%	-3.89%
Net Cash Per Share	1.99	1.77	2.28	2.62	2.75	3.01
Filing Date Shares Outstanding	105	105	105	105	105	105.01
Total Common Shares Outstanding	105	105	105	105	105	105.01
Book Value Per Share	1.50	1.45	1.48	1.30	1.14	1.09
Tangible Book Value	155.79	149.64	151.91	132.63	115.95	110.09
Tangible Book Value Per Share	1.48	1.43	1.45	1.26	1.10	1.05

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