Cairo Amman Bank (ASE: CABK)

Cairo Amman Bank 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	245.55	239.52	188.48	172	171.02	182.45
Interest Income on Investments	5.16	2.57	2.35	2.6	2.15	2.9
Total Interest Income	250.71	242.09	190.83	174.6	173.17	185.35
Interest Paid on Deposits	111.32	98.06	66.78	56.11	62.4	80.34
Net Interest Income	139.39	144.03	124.05	118.49	110.78	105.02
Net Interest Income Growth (YoY)	-2.34%	16.11%	4.69%	6.96%	5.49%	2.75%
Gain (Loss) on Sale of Assets	-0	-0	0.03	0.09	-0.17	-0.22
Gain (Loss) on Sale of Investments	0.82	0.99	0.99	5.84	-1.48	0.06
Other Non-Interest Income	30.82	31.49	32.84	31.3	27.9	31.28
Total Non-Interest Income	31.63	32.47	33.87	37.23	26.26	31.13
Non-Interest Income Growth (YoY)	-0.51%	-4.13%	-9.02%	41.77%	-15.64%	6.47%
Revenues Before Loan Losses	171.02	176.5	157.92	155.72	137.03	136.14
Provision for Loan Losses	45.92	29.81	15.53	17.63	18.52	7.79
Revenue	125.1	146.69	142.39	138.09	118.51	128.35
Revenue Growth (YoY)	-15.99%	3.02%	3.12%	16.52%	-7.66%	4.81%
Salaries and Employee Benefits	47.69	46.94	45.96	44.97	41.94	41.97
Occupancy Expenses	7.8	7.63	7.08	7.86	9.17	9.41
Selling, General & Administrative	3.28	3.28	3.56	3.83	8.13	8.72
Other Non-Interest Expense	42.75	37.25	32.92	29.41	27.13	24.04
Total Non-Interest Expense	101.55	95.14	89.69	86.58	86.4	84.14
EBT Excluding Unusual Items	23.55	51.55	52.7	51.51	32.12	44.21
Legal Settlements	-0.1	-0.1	-0.05	-0.2	-1.42	-
Pretax Income	23.45	51.45	52.65	51.31	30.7	44.21
Income Tax Expense	7.19	16.47	17.67	18.62	13.23	16.7
Earnings From Continuing Operations	16.26	34.98	34.98	32.69	17.47	27.51
Minority Interest in Earnings	2.62	0.31	-0.37	0.11	0.69	0.59
Net Income	18.88	35.28	34.61	32.8	18.16	28.1
Net Income to Common	18.88	35.28	34.61	32.8	18.16	28.1
Net Income Growth	-48.84%	1.94%	5.53%	80.60%	-35.36%	-6.74%
Basic Shares Outstanding	200	200	200	200	200	200
Diluted Shares Outstanding	200	200	200	200	200	200
Shares Change (YoY)	-0.00%	-	-	-	-	-
EPS (Basic)	0.09	0.18	0.17	0.16	0.09	0.14
EPS (Diluted)	0.09	0.18	0.17	0.16	0.09	0.14
EPS Growth	-48.84%	1.94%	5.53%	80.60%	-35.36%	-6.74%
Dividend Per Share	0.067	0.067	0.095	0.086	0.114	0.081
Dividend Growth	-30.00%	-30.00%	11.11%	-25.00%	40.74%	0%
Effective Tax Rate	30.67%	32.01%	33.56%	36.29%	43.09%	37.78%

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