Arab Jordan Investment Bank (ASE:AJIB)

ASE:AJIB Income Statement

Financials in millions JOD. 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	141.71	125.48	99.88	86.52	90.48
Interest Income on Investments	0.87	0.82	0.45	0.23	0.06
Total Interest Income	142.58	126.29	100.33	86.75	90.53
Interest Paid on Deposits	88.6	71.67	46.17	36.98	39.61
Net Interest Income	53.99	54.63	54.16	49.76	50.92
Net Interest Income Growth (YoY)	-1.18%	0.86%	8.83%	-2.28%	16.62%
Gain (Loss) on Sale of Assets	0.06	0.28	0.01	0	-0.02
Gain (Loss) on Sale of Investments	-	0.05	-0.34	0.25	0.18
Other Non-Interest Income	16.98	17.13	12.73	11.58	11.82
Total Non-Interest Income	17.04	17.46	12.41	11.83	11.98
Non-Interest Income Growth (YoY)	-2.44%	40.74%	4.88%	-1.27%	-11.25%
Revenues Before Loan Losses	71.02	72.09	66.57	61.59	62.91
Provision for Loan Losses	4.56	9.83	2.53	1.19	13.04
Revenue	66.46	62.26	64.04	60.41	49.87
Revenue Growth (YoY)	6.75%	-2.78%	6.00%	21.14%	-9.17%
Salaries and Employee Benefits	19.95	19.01	17.13	15.38	15.92
Occupancy Expenses	7.28	6.5	4.54	4.34	4.15
Selling, General & Administrative	3.51	3.36	3.06	2.68	2.37
Other Non-Interest Expense	12.87	13.51	11.15	9.9	10.92
Total Non-Interest Expense	42.43	41.41	35.17	31.9	32.84
EBT Excluding Unusual Items	24.03	20.85	28.86	28.51	17.02
Other Unusual Items	-	7.63	1.53	-	-
Pretax Income	24.03	28.48	30.4	28.51	17.02
Income Tax Expense	6.32	8.29	10.92	10.34	5.49
Earnings From Continuing Operations	17.71	20.19	19.48	18.16	11.54
Minority Interest in Earnings	-1.72	-1.61	-1.42	-1.07	-0.72
Net Income	15.99	18.58	18.06	17.09	10.81
Net Income to Common	15.99	18.58	18.06	17.09	10.81
Net Income Growth	-13.94%	2.86%	5.67%	58.03%	-27.28%
Basic Shares Outstanding	150	150	150	150	150
Diluted Shares Outstanding	150	150	150	150	150
EPS (Basic)	0.11	0.12	0.12	0.11	0.07
EPS (Diluted)	0.11	0.12	0.12	0.11	0.07
EPS Growth	-13.94%	2.86%	5.67%	58.03%	-27.28%
Dividend Per Share	0.100	0.100	0.100	0.100	0.100
Dividend Growth	0%	0%	0%	0%	11.11%
Effective Tax Rate	26.31%	29.12%	35.91%	36.28%	32.23%

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