National Bank of Umm Al-Qaiwain (PSC) (ADX: NBQ)

NBQ Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	899.78	776.42	462.48	326.95	417.4	608.56
Interest Paid on Deposits	247.91	170.92	64.01	49.8	87.61	106.96
Net Interest Income	651.87	605.51	398.47	277.15	329.79	501.6
Net Interest Income Growth (YoY)	11.49%	51.96%	43.77%	-15.96%	-34.25%	-2.76%
Gain (Loss) on Sale of Investments	56.09	52.61	39.16	34.1	40.24	38.04
Other Non-Interest Income	132.65	126.13	97.37	81.62	103.45	107.82
Total Non-Interest Income	188.74	178.74	136.54	115.72	143.69	145.86
Non-Interest Income Growth (YoY)	14.85%	30.91%	17.98%	-19.46%	-1.49%	0.52%
Revenues Before Loan Losses	840.61	784.25	535	392.88	473.47	647.46
Provision for Loan Losses	116.33	115.04	15.72	-8.26	111.93	80.99
Revenue	724.28	669.21	519.28	401.13	361.54	566.47
Revenue Growth (YoY)	10.29%	28.87%	29.45%	10.95%	-36.18%	1.51%
Salaries and Employee Benefits	100.93	100.93	92.42	79.91	83.42	90.19
Occupancy Expenses	24.75	24.75	27.12	26.17	22.24	21.32
Other Non-Interest Expense	47.03	40.63	35.23	30.7	43.6	30.72
Total Non-Interest Expense	172.99	166.6	154.76	136.97	149.77	142.08
EBT Excluding Unusual Items	551.29	502.61	364.52	264.17	211.77	424.39
Pretax Income	551.29	502.61	364.52	264.17	211.77	424.39
Net Income	517.07	502.61	364.52	264.17	211.77	424.39
Net Income to Common	517.07	502.61	364.52	264.17	211.77	424.39
Net Income Growth	5.51%	37.88%	37.99%	24.74%	-50.10%	3.76%
Basic Shares Outstanding	2,000	2,000	1,925	1,925	2,000	2,000
Diluted Shares Outstanding	2,000	2,000	1,925	1,925	2,000	2,000
Shares Change (YoY)	-0.01%	3.89%	-	-3.75%	-	0.00%
EPS (Basic)	0.26	0.25	0.19	0.14	0.11	0.21
EPS (Diluted)	0.26	0.25	0.19	0.14	0.11	0.21
EPS Growth	5.52%	32.72%	37.99%	29.60%	-50.10%	3.76%
Dividend Per Share	0.150	0.150	0.100	0.074	0.074	0.102
Dividend Growth	50.00%	50.00%	35.32%	0%	-27.26%	0%

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