Bank of Jordan (ASE: BOJX)

Bank of Jordan Income Statement

Financials in millions JOD. 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	195.34	185.3	143.86	128.9	136.69	159.81
Interest Income on Investments	0.57	0.76	0.66	0.55	0.51	0.55
Total Interest Income	195.91	186.06	144.53	129.45	137.2	160.36
Interest Paid on Deposits	61.43	50.71	28.47	20.67	28.78	43.45
Net Interest Income	134.47	135.35	116.06	108.77	108.42	116.91
Net Interest Income Growth (YoY)	-1.99%	16.63%	6.69%	0.33%	-7.27%	5.08%
Gain (Loss) on Sale of Assets	0.27	0.27	0.07	0.08	0.72	-0.01
Gain (Loss) on Sale of Investments	0.27	0.21	0.1	1.07	18.71	0.18
Other Non-Interest Income	33.17	31.68	31.63	29.42	25.64	32.32
Total Non-Interest Income	33.71	32.16	31.8	30.57	45.06	32.49
Non-Interest Income Growth (YoY)	7.59%	1.12%	4.02%	-32.16%	38.70%	6.60%
Revenues Before Loan Losses	168.18	167.51	147.85	139.35	153.48	149.4
Provision for Loan Losses	22.2	14.73	6.43	16.06	31.87	18.63
Revenue	145.99	152.78	141.43	123.29	121.61	130.78
Revenue Growth (YoY)	-7.07%	8.03%	14.71%	1.38%	-7.01%	-2.48%
Salaries and Employee Benefits	39.04	35.56	32.86	30.26	30.98	33.5
Occupancy Expenses	11.31	11.23	10.74	10.5	9.25	8.73
Selling, General & Administrative	7.88	7.88	8.66	7.5	6.71	5.59
Other Non-Interest Expense	31.35	32.76	27.99	23.31	22.88	21.32
Total Non-Interest Expense	89.55	87.38	80.08	71.3	69.47	69.57
EBT Excluding Unusual Items	56.43	65.4	61.35	51.99	52.15	61.2
Legal Settlements	-0.04	-0.04	-0.42	-0.1	-0.07	-0.07
Pretax Income	56.39	65.36	60.93	51.89	52.07	61.13
Income Tax Expense	19.06	20.9	20.37	15.59	16.61	20.75
Earnings From Continuing Operations	37.33	44.46	40.56	36.31	35.47	40.38
Minority Interest in Earnings	-0.45	-0.43	-0.42	-0.3	0.33	-0.21
Net Income	36.88	44.02	40.14	36.01	35.79	40.16
Net Income to Common	36.88	44.02	40.14	36.01	35.79	40.16
Net Income Growth	-23.76%	9.68%	11.47%	0.60%	-10.88%	-3.29%
Basic Shares Outstanding	200	200	200	200	200	200
Diluted Shares Outstanding	200	200	200	200	200	200
Shares Change (YoY)	0.18%	-	-	-	-	-
EPS (Basic)	0.18	0.22	0.20	0.18	0.18	0.20
EPS (Diluted)	0.18	0.22	0.20	0.18	0.18	0.20
EPS Growth	-23.90%	9.68%	11.47%	0.60%	-10.88%	-3.29%
Dividend Per Share	0.180	0.180	0.180	0.180	0.120	0.180
Dividend Growth	0%	0%	0%	50.00%	-33.33%	0%
Effective Tax Rate	33.81%	31.98%	33.43%	30.04%	31.89%	33.95%

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