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Agricultural Development Bank (XGHA:ADB) Revenue : GHS810.9 Mil (TTM As of Sep. 2023)


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What is Agricultural Development Bank Revenue?

Agricultural Development Bank's revenue for the three months ended in Sep. 2023 was GHS176.8 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2023 was GHS810.9 Mil. Agricultural Development Bank's Revenue per Share for the three months ended in Sep. 2023 was GHS0.52. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was GHS2.34.

Warning Sign:

Agricultural Development Bank Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Agricultural Development Bank was 29.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was -19.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Agricultural Development Bank's highest 3-Year average Revenue per Share Growth Rate was 4.40% per year. The lowest was -45.80% per year. And the median was -36.40% per year.


Agricultural Development Bank Revenue Historical Data

The historical data trend for Agricultural Development Bank's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Agricultural Development Bank Revenue Chart

Agricultural Development Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Revenue
Get a 7-Day Free Trial 387.48 427.03 553.97 639.82 647.70

Agricultural Development Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.43 189.41 214.78 229.89 176.78

Competitive Comparison of Agricultural Development Bank's Revenue

For the Banks - Regional subindustry, Agricultural Development Bank's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agricultural Development Bank's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Agricultural Development Bank's Revenue distribution charts can be found below:

* The bar in red indicates where Agricultural Development Bank's Revenue falls into.



Agricultural Development Bank Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS810.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Agricultural Development Bank  (XGHA:ADB) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Agricultural Development Bank Revenue Related Terms

Thank you for viewing the detailed overview of Agricultural Development Bank's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Agricultural Development Bank (XGHA:ADB) Business Description

Traded in Other Exchanges
N/A
Address
Accra Financial Centre, P.O. Box 4191, Ridge, 3rd Ambassadorial Development Area, Accra, GHA
Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasurys. Corporate Banking includes loans, deposits, and other transactions and balances with corporate customers including the Agricultural sector. Retail Banking includes loans, deposits, and other transactions and balances with retail customers. The central Treasury segment undertakes the Bank's funding and centralised risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes, and investing in liquid assets such as short-term placements and corporate and government debt securities.

Agricultural Development Bank (XGHA:ADB) Headlines

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