What is the bank profit statement?

Bank profit statement is a type of financial instrument used to assess the performance of the bank during the specified period. Like any other type of profit and profit statement, the profit and loss statement usually states different earnings and expenditures for the Bank in order to come up with the final assessment derived from the final result. After studying the profit statement and loss of the bank, the data contained in it should provide investors and other parties to the idea of ​​whether the bank is a profitable company. Items in the bank's profit statement are unique according to the circumstances of banks, including the ability to earn interest income, as well as the cost of paying interest, which is not common in other industries.

One of the items that are included in the profit and profit statement is the sum of the interest that the bank may have paid to its customers on any type of account thatHolds at a bank that carries interest such as a savings account. The profit and loss statement will also contain a record that gives the total amount that the bank could earn on interest on various customer accounts such as credit lines or mortgages. In this case, the interest obtained from such accounts is considered as assets, while other accounts that advocate a payment obligation on a bank will be classified as a burden. Some other funds grow to banks from sources other than earnings. This includes direct charges for different items such as charges charged for an account service or commissions obtained from transactions.

Another important inclusion in the profit statement and the loss of the bank would be the operating costs of the bank. Items that are included in this section of profit and loss statement include rent expenses if the bank rents tissues, as well as other aspects such as equipment maintenance costs such as copier and computers, and even the costs of other features such as marketing. In the groundH, where electricity is not stable, there may be money that is spent on diesel for generators, quite considerable and will also be part of the expenditure calculations.