Invest Bank (ASE: INVB)

Invest 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	144.18	123.07	84.45	69.11	70.37	76.46
Interest Income on Investments	2.2	2.32	1.15	0.91	3.21	3.07
Total Interest Income	146.38	125.39	85.6	70.03	73.59	79.53
Interest Paid on Deposits	89.01	70.4	40.32	32.65	35.31	41.86
Net Interest Income	57.37	55	45.28	37.37	38.28	37.68
Net Interest Income Growth (YoY)	5.20%	21.47%	21.14%	-2.36%	1.60%	7.39%
Gain (Loss) on Sale of Assets	0.46	0.46	0.57	0.3	-	-
Gain (Loss) on Sale of Investments	1.07	0.51	0.68	1.18	0.29	0.35
Other Non-Interest Income	27.74	23.67	17.17	14.9	13.08	15.44
Total Non-Interest Income	29.27	24.64	18.42	16.38	13.38	15.78
Non-Interest Income Growth (YoY)	33.78%	33.77%	12.43%	22.48%	-15.26%	5.23%
Revenues Before Loan Losses	86.64	79.64	63.69	53.76	51.65	53.46
Provision for Loan Losses	10.95	11.55	6.26	-0.66	16.13	1.88
Revenue	75.69	68.09	57.43	54.41	35.52	51.58
Revenue Growth (YoY)	15.61%	18.56%	5.55%	53.18%	-31.14%	3.69%
Salaries and Employee Benefits	20.33	20.31	18.08	14.85	15.2	15.78
Occupancy Expenses	4.19	3.67	3.08	2.79	2.96	3.18
Selling, General & Administrative	1	1	1.02	1.07	0.58	0.75
Other Non-Interest Expense	11.87	10.45	8.19	8.27	7.53	8.26
Total Non-Interest Expense	39.08	34.66	31.01	26.88	26.5	27.81
EBT Excluding Unusual Items	36.61	33.43	26.42	27.53	9.02	23.77
Legal Settlements	-0.26	-0.26	-0.05	-0.16	-0.43	-0.86
Other Unusual Items	-	-	3.6	-	-0.73	-
Pretax Income	36.35	33.17	29.96	27.37	7.86	22.91
Income Tax Expense	9.05	8.17	9.57	9.79	1.86	6.81
Earnings From Continuing Operations	27.31	25	20.39	17.58	6	16.1
Earnings From Discontinued Operations	-	-	-0.14	0.42	-	-
Minority Interest in Earnings	-0.49	-0.37	-0.42	-0.19	-0.24	-0.42
Net Income	26.81	24.63	19.83	17.81	5.76	15.68
Net Income to Common	26.81	24.63	19.83	17.81	5.76	15.68
Net Income Growth	11.90%	24.22%	11.31%	209.29%	-63.28%	1.32%
Basic Shares Outstanding	100	100	100	100	100	100
Diluted Shares Outstanding	100	100	100	100	100	100
EPS (Basic)	0.27	0.25	0.20	0.18	0.06	0.16
EPS (Diluted)	0.27	0.25	0.20	0.18	0.06	0.16
EPS Growth	11.90%	24.22%	11.31%	209.30%	-63.28%	1.32%
Dividend Per Share	0.100	0.100	0.100	0.100	0.120	0.110
Dividend Growth	0%	0%	0%	-16.67%	9.09%	0%
Effective Tax Rate	24.89%	24.63%	31.94%	35.77%	23.66%	29.73%

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