City Bank's Total Assets for the quarter that ended in Mar. 2024 was BDT600,357 Mil.
During the past 12 months, City Bank's average Total Assets Growth Rate was 11.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 14.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.90% per year.
During the past 13 years, City Bank's highest 3-Year average Total Assets Growth Rate was 18.60%. The lowest was 10.00%. And the median was 14.80%.
Total Assets is connected with ROA %. City Bank's annualizedROA % for the quarter that ended in Mar. 2024 was 0.63%. Total Assets is also linked to Revenue through Asset Turnover. City Bank's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.
City Bank Total Assets Historical Data
The historical data trend for City Bank's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
City Bank's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
City Bank's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
City Bank Total Assets Related Terms
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City Bank PLC operates as a commercial bank offering a range of depository, loan, and card products, and services. Its products and services include various types of savings and current accounts, personal loans, debit cards, credit cards, internet banking, corporate banking, SME banking, investment banking, and treasury and syndication services, among others. The company recognizes the majority of its revenue from interest, fees, commission, and investment income.
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