Safwa Islamic Bank (ASE:SIBK)

Safwa Islamic Bank Income Statement

Financials in millions JOD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	117.52	111.95	94.55	88.06	71.47	58.75
Interest Paid on Deposits	132.33	125.02	110.06	94.23	63.21	45.66
Net Interest Income	-14.81	-13.07	-15.51	-6.17	8.26	13.1
Net Interest Income Growth (YoY)	-	-	-	-	-36.94%	36.97%
Gain (Loss) on Sale of Assets	1.58	1.58	0.59	0.08	-0	0.01
Gain (Loss) on Sale of Investments	41.74	38.97	27.21	15.12	9.39	5.86
Gain (Loss) on Sale of Equity Investments	0.01	0.01	-0.02	0	0.01	0
Other Non-Interest Income	95.8	92.67	93.71	71.06	48.31	39.73
Total Non-Interest Income	139.13	133.22	121.49	86.27	57.7	45.6
Non-Interest Income Growth (YoY)	10.37%	9.66%	40.83%	49.50%	26.54%	6.55%
Revenues Before Loan Losses	124.32	120.15	105.98	80.1	65.96	58.7
Provision for Loan Losses	24.82	28.36	32.98	15.91	12.03	9.52
Revenue	99.51	91.79	73	64.19	53.93	49.18
Revenue Growth (YoY)	30.95%	25.75%	13.72%	19.02%	9.67%	16.22%
Salaries and Employee Benefits	23.98	23.46	19.47	16.96	15.38	14.4
Occupancy Expenses	5.4	5.31	4.98	4.89	5.24	5.07
Federal Deposit Insurance	6.23	5.95	5.01	4.47	-	-
Selling, General & Administrative	2.69	2.7	2.82	1.77	1.57	1.62
Other Non-Interest Expense	11.53	10.45	7.93	7.79	7.32	5.27
Total Non-Interest Expense	49.84	47.86	40.21	35.87	29.51	26.36
EBT Excluding Unusual Items	49.67	43.93	32.79	28.32	24.42	22.82
Pretax Income	49.67	43.93	32.79	28.32	24.42	22.82
Income Tax Expense	19.3	17.21	12.56	10.81	9.31	8.76
Net Income	30.37	26.71	20.22	17.51	15.11	14.06
Net Income to Common	30.37	26.71	20.22	17.51	15.11	14.06
Net Income Growth	45.91%	32.09%	15.50%	15.87%	7.48%	38.29%
Basic Shares Outstanding	149	150	150	150	150	150
Diluted Shares Outstanding	149	150	150	150	150	150
EPS (Basic)	0.20	0.18	0.13	0.12	0.10	0.09
EPS (Diluted)	0.20	0.18	0.13	0.12	0.10	0.09
EPS Growth	47.06%	32.09%	15.50%	15.87%	7.48%	38.29%
Dividend Per Share	-	-	-	-	-	0.040
Effective Tax Rate	38.86%	39.19%	38.32%	38.18%	38.12%	38.38%

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