National Bank of Fujairah PJSC (ADX:NBF)

ADX:NBF Income Statement

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	3,327	2,934	1,697	1,212	1,463
Interest Paid on Deposits	1,539	1,229	475.9	271.18	513.84
Net Interest Income	1,788	1,705	1,221	941.14	948.89
Net Interest Income Growth (YoY)	4.85%	39.61%	29.76%	-0.82%	-17.66%
Gain (Loss) on Sale of Investments	5.84	-4.16	18.77	42.29	-
Other Non-Interest Income	641.86	582.26	574.65	458.5	436.67
Total Non-Interest Income	647.69	578.11	593.41	500.79	436.67
Non-Interest Income Growth (YoY)	12.04%	-2.58%	18.50%	14.68%	-21.42%
Revenues Before Loan Losses	2,435	2,283	1,815	1,442	1,386
Provision for Loan Losses	690.04	859	896.04	840.4	1,370
Revenue	1,745	1,424	918.55	601.53	15.73
Revenue Growth (YoY)	22.56%	55.02%	52.70%	3723.85%	-98.59%
Salaries and Employee Benefits	449.28	404.03	330.76	287.15	294.82
Occupancy Expenses	54.55	34.13	33.62	28.6	31.46
Other Non-Interest Expense	306.54	260.73	213.79	170.54	164.7
Total Non-Interest Expense	810.36	698.89	578.17	486.28	490.98
EBT Excluding Unusual Items	934.83	725.07	340.38	115.25	-475.25
Pretax Income	934.83	725.07	340.38	115.25	-475.25
Income Tax Expense	84.72	-	-	-	-
Net Income	850.11	725.07	340.38	115.25	-475.25
Preferred Dividends & Other Adjustments	95.5	75.5	75.5	75.5	76.6
Net Income to Common	754.61	649.57	264.88	39.75	-551.85
Net Income Growth	17.25%	113.02%	195.35%	-	-
Basic Shares Outstanding	2,580	2,580	2,226	2,226	2,226
Diluted Shares Outstanding	2,580	2,580	2,226	2,226	2,226
Shares Change (YoY)	-	15.92%	-	-	-0.00%
EPS (Basic)	0.29	0.25	0.12	0.02	-0.25
EPS (Diluted)	0.29	0.25	0.12	0.02	-0.25
EPS Growth	16.17%	111.55%	566.45%	-	-
Dividend Per Share	0.150	0.095	-	-	-
Dividend Growth	57.56%	-	-	-	-
Effective Tax Rate	9.06%	-	-	-	-

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