Bank al Etihad (ASE:UBSI)

Bank al Etihad 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	490.94	430.39	315.77	261.4	253.5
Interest Income on Investments	0.73	1.16	0.69	0.47	0.62
Total Interest Income	491.67	431.55	316.46	261.87	254.12
Interest Paid on Deposits	254.02	217.49	135.12	104.2	102.66
Net Interest Income	237.64	214.06	181.34	157.67	151.45
Net Interest Income Growth (YoY)	11.02%	18.04%	15.01%	4.11%	10.17%
Gain (Loss) on Sale of Assets	2.33	-0.03	-0.12	-0.02	-0.2
Gain (Loss) on Sale of Investments	2.65	1.91	-1.53	2.9	2.44
Other Non-Interest Income	60.25	47.53	47.21	35	30.62
Total Non-Interest Income	65.22	49.41	45.56	37.88	32.86
Non-Interest Income Growth (YoY)	32.02%	8.44%	20.28%	15.27%	-4.17%
Revenues Before Loan Losses	302.87	263.47	226.9	195.55	184.31
Provision for Loan Losses	68.65	41.92	34.24	28.89	40.18
Revenue	234.22	221.55	192.66	166.66	144.14
Revenue Growth (YoY)	5.72%	14.99%	15.60%	15.62%	-6.68%
Salaries and Employee Benefits	61.2	57.22	52.54	48.75	44.16
Occupancy Expenses	19.99	19.64	19.75	18.41	18.01
Selling, General & Administrative	15.32	14.17	11.64	4.94	5.07
Other Non-Interest Expense	52.78	40.71	36.12	27.55	29.96
Total Non-Interest Expense	148.44	131.15	120.93	101.33	97.17
EBT Excluding Unusual Items	85.77	90.4	71.73	65.33	46.97
Legal Settlements	-	-	-	-0.15	-0.06
Pretax Income	85.77	90.4	71.73	65.18	46.91
Income Tax Expense	31.3	32.66	27.93	23.76	16.86
Earnings From Continuing Operations	54.47	57.74	43.8	41.43	30.04
Minority Interest in Earnings	-12.16	-10.6	-9.47	-8.93	-6.48
Net Income	42.31	47.14	34.33	32.5	23.57
Net Income to Common	42.31	47.14	34.33	32.5	23.57
Net Income Growth	-10.24%	37.32%	5.62%	37.90%	-25.45%
Basic Shares Outstanding	200	200	200	200	200
Diluted Shares Outstanding	200	200	200	200	200
EPS (Basic)	0.21	0.24	0.17	0.16	0.12
EPS (Diluted)	0.21	0.24	0.17	0.16	0.12
EPS Growth	-10.24%	37.32%	5.62%	37.90%	-25.45%
Dividend Per Share	0.100	0.100	0.080	0.080	0.080
Dividend Growth	-	25.00%	-	-	-
Effective Tax Rate	36.49%	36.13%	38.94%	36.45%	35.95%

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