Jordan Commercial Bank (ASE: JCBK)

Jordan Commercial 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	94.16	92.18	76.71	70.4	70.6	74.97
Interest Income on Investments	0.08	0.28	0.13	0.2	0.21	0.24
Total Interest Income	94.24	92.47	76.84	70.6	70.81	75.21
Interest Paid on Deposits	48.58	43.93	35.48	34.61	37.07	43.98
Net Interest Income	45.66	48.54	41.36	35.99	33.74	31.23
Net Interest Income Growth (YoY)	-6.05%	17.35%	14.92%	6.69%	8.03%	4.89%
Gain (Loss) on Sale of Assets	0	0	0	0	0.1	-
Gain (Loss) on Sale of Investments	0.73	0.52	-0.06	0.28	-0.23	0.09
Other Non-Interest Income	10.05	10.88	10.11	8.14	9.12	11.14
Total Non-Interest Income	10.78	11.39	10.04	8.42	8.99	11.23
Non-Interest Income Growth (YoY)	15.64%	13.45%	19.28%	-6.38%	-19.90%	1.43%
Revenues Before Loan Losses	56.44	59.93	51.4	44.41	42.73	42.46
Provision for Loan Losses	6.59	11.62	6.3	4.6	8.05	0.89
Revenue	49.85	48.31	45.1	39.81	34.68	41.57
Revenue Growth (YoY)	5.55%	7.13%	13.28%	14.79%	-16.56%	15.44%
Salaries and Employee Benefits	16.13	15.47	14.21	13.75	12.8	13.76
Occupancy Expenses	4.06	3.91	3.47	3.62	3.62	3.57
Selling, General & Administrative	1.03	1.03	1.05	0.87	0.77	2.07
Other Non-Interest Expense	10.68	10.28	8.82	8.81	9.18	7.85
Total Non-Interest Expense	30.81	30.71	27.04	27.03	27.93	28.79
EBT Excluding Unusual Items	19.04	17.6	18.06	12.78	6.75	12.78
Legal Settlements	-0.92	-0.66	-0.03	-0.23	-0.02	-
Pretax Income	18.12	16.94	18.03	12.55	6.73	12.78
Income Tax Expense	5.92	5.46	6.69	5.54	2.03	2.17
Earnings From Continuing Operations	12.21	11.48	11.34	7	4.7	10.61
Earnings From Discontinued Operations	-	-	-	-	-4.19	-5.3
Net Income	12.21	11.48	11.34	7	0.51	5.31
Net Income to Common	12.21	11.48	11.34	7	0.51	5.31
Net Income Growth	6.16%	1.28%	61.89%	1264.12%	-90.34%	5.64%
Basic Shares Outstanding	120	120	120	120	120	121
Diluted Shares Outstanding	120	120	120	120	120	121
Shares Change (YoY)	0.93%	-	-	-	-0.62%	0.63%
EPS (Basic)	0.10	0.10	0.09	0.06	0.00	0.04
EPS (Diluted)	0.10	0.10	0.09	0.06	0.00	0.04
EPS Growth	5.18%	1.28%	61.89%	1264.17%	-90.27%	4.98%
Dividend Per Share	0.050	0.050	0.050	-	-	-
Effective Tax Rate	32.65%	32.21%	37.11%	44.17%	30.13%	16.98%

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