I am trying to calculate a stock's worth and in doing so I am adding values of all the four quarters from quarterly reports but it is not equal to the value in the annual report. I am trying to evaluate a bank's report.
The value there is in '000' so whenever I add
3,605,247,000 we get
9,323,314,000 and in annual report it shows
Just by adding two quarters I get a value that is greater than in the annual report.
Am I missing something? Any help would be appreciated.