Jordan Islamic Bank (ASE:JOIB)

Jordan Islamic 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	183.41	161.04	151.97	148.36	141.41
Total Interest Income	183.41	161.04	151.97	148.36	141.41
Interest Paid on Deposits	128.3	109.01	82.12	64.47	56.28
Net Interest Income	55.11	52.03	69.85	83.89	85.13
Net Interest Income Growth (YoY)	5.92%	-25.51%	-16.73%	-1.46%	-5.37%
Gain (Loss) on Sale of Assets	1.18	1.07	1.05	2.12	1.75
Gain (Loss) on Sale of Investments	23.69	21.16	13.58	11.09	10.49
Other Non-Interest Income	110.25	103.27	95.48	85.31	76.67
Total Non-Interest Income	137.09	130.6	114.51	102.38	89.91
Non-Interest Income Growth (YoY)	4.97%	14.05%	11.85%	13.86%	6.02%
Revenues Before Loan Losses	192.2	182.63	184.36	186.26	175.04
Provision for Loan Losses	0.04	-0.5	0.93	7.15	8.06
Revenue	192.15	183.13	183.43	179.11	166.98
Revenue Growth (YoY)	4.93%	-0.16%	2.41%	7.27%	-0.08%
Salaries and Employee Benefits	46.7	45.71	44.5	41.92	41.51
Occupancy Expenses	6.91	6.47	8.14	8.36	8.32
Federal Deposit Insurance	10.76	10.26	9.92	8.99	4.37
Selling, General & Administrative	0.85	0.58	0.64	0.72	0.72
Other Non-Interest Expense	27.58	25.57	24.69	22.67	28.3
Total Non-Interest Expense	92.8	88.58	87.89	82.66	83.21
EBT Excluding Unusual Items	99.36	94.55	95.54	96.45	83.77
Pretax Income	99.36	94.55	95.54	96.45	83.77
Income Tax Expense	33.25	32.25	34.43	37.4	31.64
Earnings From Continuing Operations	66.1	62.3	61.11	59.06	52.12
Minority Interest in Earnings	-	-	-0	0	0
Net Income	66.1	62.3	61.11	59.06	52.12
Net Income to Common	66.1	62.3	61.11	59.06	52.12
Net Income Growth	6.10%	1.95%	3.47%	13.31%	-4.10%
Basic Shares Outstanding	200	200	200	200	200
Diluted Shares Outstanding	200	200	200	200	200
EPS (Basic)	0.33	0.31	0.31	0.30	0.26
EPS (Diluted)	0.33	0.31	0.31	0.30	0.26
EPS Growth	6.10%	1.95%	3.47%	13.31%	-4.10%
Dividend Per Share	0.250	0.220	0.250	0.250	0.120
Dividend Growth	13.64%	-12.00%	-	108.33%	-
Effective Tax Rate	33.47%	34.11%	36.04%	38.77%	37.78%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.