Invest Bank (ASE:INVB)

Invest Bank 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	148.17	123.07	84.45	69.11	70.37
Interest Income on Investments	2.16	2.32	1.15	0.91	3.21
Total Interest Income	150.32	125.39	85.6	70.03	73.59
Interest Paid on Deposits	91.93	70.4	40.32	32.65	35.31
Net Interest Income	58.39	55	45.28	37.37	38.28
Net Interest Income Growth (YoY)	6.17%	21.47%	21.14%	-2.36%	1.60%
Gain (Loss) on Sale of Assets	0.06	1.32	0	0.3	-
Gain (Loss) on Sale of Investments	0.72	0.51	0.68	1.18	0.29
Other Non-Interest Income	29.3	22.71	17.73	14.9	13.08
Total Non-Interest Income	30.07	24.54	18.42	16.38	13.38
Non-Interest Income Growth (YoY)	22.55%	33.24%	12.43%	22.48%	-15.26%
Revenues Before Loan Losses	88.47	79.54	63.69	53.76	51.65
Provision for Loan Losses	12.32	11.55	6.26	-0.66	16.13
Revenue	76.15	67.99	57.43	54.41	35.52
Revenue Growth (YoY)	12.00%	18.39%	5.55%	53.18%	-31.14%
Salaries and Employee Benefits	20.52	20.31	18.08	14.85	15.2
Occupancy Expenses	4.38	3.67	3.08	2.79	2.96
Selling, General & Administrative	0.92	1	1.02	1.07	0.58
Other Non-Interest Expense	11.82	10.35	8.19	8.27	7.53
Total Non-Interest Expense	39.41	34.56	31.01	26.88	26.5
EBT Excluding Unusual Items	36.74	33.43	26.42	27.53	9.02
Legal Settlements	-	-0.26	-0.05	-0.16	-0.43
Other Unusual Items	-	-	3.6	-	-0.73
Pretax Income	36.74	33.17	29.96	27.37	7.86
Income Tax Expense	9.74	8.17	9.57	9.79	1.86
Earnings From Continuing Operations	27	25	20.39	17.58	6
Earnings From Discontinued Operations	-	-	-0.14	0.42	-
Minority Interest in Earnings	-0.49	-0.37	-0.42	-0.19	-0.24
Net Income	26.51	24.63	19.83	17.81	5.76
Net Income to Common	26.51	24.63	19.83	17.81	5.76
Net Income Growth	7.65%	24.22%	11.31%	209.29%	-63.28%
Basic Shares Outstanding	103	100	100	100	100
Diluted Shares Outstanding	103	100	100	100	100
Shares Change (YoY)	2.53%	-	-	-	-
EPS (Basic)	0.26	0.25	0.20	0.18	0.06
EPS (Diluted)	0.26	0.25	0.20	0.18	0.06
EPS Growth	5.00%	24.22%	11.31%	209.30%	-63.28%
Dividend Per Share	0.100	0.100	0.100	0.100	0.120
Dividend Growth	0%	0%	0%	-16.67%	9.09%
Effective Tax Rate	26.51%	24.63%	31.94%	35.77%	23.66%

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