Capital Bank of Jordan (ASE: CAPL)

Capital 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	452.78	427.45	320.51	180.72	130.29	114.73
Interest Income on Investments	1.58	1.75	0.36	0.34	0.23	0.23
Total Interest Income	454.36	429.2	320.87	181.06	130.52	114.96
Interest Paid on Deposits	255.45	249.17	161.36	78.71	61.22	59.83
Net Interest Income	198.91	180.03	159.51	102.34	69.3	55.12
Net Interest Income Growth (YoY)	12.20%	12.86%	55.86%	47.67%	25.72%	5.04%
Gain (Loss) on Sale of Investments	0.03	0.01	-1.03	0.02	1.07	0.91
Other Non-Interest Income	204.23	166.86	52.09	35.9	40.29	37.62
Total Non-Interest Income	204.25	166.88	51.06	35.92	41.36	38.54
Non-Interest Income Growth (YoY)	124.26%	226.83%	42.14%	-13.14%	7.32%	38.34%
Revenues Before Loan Losses	403.17	346.91	210.57	138.27	110.66	93.66
Provision for Loan Losses	86.06	73.47	28.62	20.72	24.55	7.01
Revenue	317.11	273.44	181.94	117.55	86.12	86.65
Revenue Growth (YoY)	43.92%	50.29%	54.78%	36.50%	-0.62%	8.92%
Salaries and Employee Benefits	58.47	54.27	49.11	32.74	21.51	23.49
Occupancy Expenses	27.95	23.65	15.32	10.28	6.35	6.06
Selling, General & Administrative	14.03	14.03	9.61	4.32	3.64	3.43
Other Non-Interest Expense	55.87	43.5	36.89	24.17	15.3	14.66
Total Non-Interest Expense	165.42	145.95	109.65	72.13	46.9	49.42
EBT Excluding Unusual Items	151.69	127.49	72.29	45.42	39.21	37.23
Legal Settlements	-2.54	-	-0.1	-0.06	-0.03	-0.1
Other Unusual Items	-	-	25.51	28.08	-1.18	-
Pretax Income	149.15	127.49	96.94	70.74	38.01	37.13
Income Tax Expense	22.48	20.89	6.09	9.73	7.71	8.31
Earnings From Continuing Operations	126.66	106.59	90.85	61.01	30.3	28.82
Minority Interest in Earnings	-51.47	-34.74	-4.03	17.81	-4.35	-3.72
Net Income	75.2	71.85	86.82	78.81	25.96	25.1
Net Income to Common	75.2	71.85	86.82	78.81	25.96	25.1
Net Income Growth	4.55%	-17.24%	10.16%	203.64%	3.41%	-18.50%
Basic Shares Outstanding	263	263	226	200	200	200
Diluted Shares Outstanding	263	263	226	200	200	200
Shares Change (YoY)	2.18%	16.44%	12.95%	-	-	-
EPS (Basic)	0.29	0.27	0.38	0.39	0.13	0.13
EPS (Diluted)	0.29	0.27	0.38	0.39	0.13	0.13
EPS Growth	2.32%	-28.92%	-2.47%	203.64%	3.41%	-18.50%
Dividend Per Share	0.150	0.150	0.170	0.150	0.120	-
Dividend Growth	-11.76%	-11.76%	13.33%	25.00%	-	-
Effective Tax Rate	15.07%	16.39%	6.28%	13.75%	20.27%	22.39%

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