Bank al Etihad (ASE:UBSI)

Bank al Etihad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	501.04	490.94	430.39	315.77	261.4	253.5
Interest Income on Investments	0.71	0.73	1.16	0.69	0.47	0.62
Total Interest Income	501.75	491.67	431.55	316.46	261.87	254.12
Interest Paid on Deposits	257.35	254.02	217.49	135.12	104.2	102.66
Net Interest Income	244.4	237.64	214.06	181.34	157.67	151.45
Net Interest Income Growth (YoY)	13.50%	11.02%	18.04%	15.01%	4.11%	10.17%
Gain (Loss) on Sale of Assets	2.33	2.33	-0.03	-0.12	-0.02	-0.2
Gain (Loss) on Sale of Investments	1.91	2.65	1.91	-1.53	2.9	2.44
Other Non-Interest Income	64.79	60.25	47.53	47.21	35	30.62
Total Non-Interest Income	69.03	65.22	49.41	45.56	37.88	32.86
Non-Interest Income Growth (YoY)	35.39%	32.02%	8.44%	20.28%	15.27%	-4.17%
Revenues Before Loan Losses	313.43	302.87	263.47	226.9	195.55	184.31
Provision for Loan Losses	74.51	68.65	41.92	34.24	28.89	40.18
Revenue	238.92	234.22	221.55	192.66	166.66	144.14
Revenue Growth (YoY)	8.27%	5.72%	14.99%	15.60%	15.62%	-6.68%
Salaries and Employee Benefits	62.42	61.2	57.22	52.54	48.75	44.16
Occupancy Expenses	20.6	19.99	19.64	19.75	18.41	18.01
Selling, General & Administrative	15.39	15.32	14.17	11.64	4.94	5.07
Other Non-Interest Expense	55.3	52.78	40.71	36.12	27.55	29.96
Total Non-Interest Expense	151.8	148.44	131.15	120.93	101.33	97.17
EBT Excluding Unusual Items	87.12	85.77	90.4	71.73	65.33	46.97
Legal Settlements	-	-	-	-	-0.15	-0.06
Pretax Income	87.12	85.77	90.4	71.73	65.18	46.91
Income Tax Expense	30.9	31.3	32.66	27.93	23.76	16.86
Earnings From Continuing Operations	56.22	54.47	57.74	43.8	41.43	30.04
Minority Interest in Earnings	-12.58	-12.16	-10.6	-9.47	-8.93	-6.48
Net Income	43.64	42.31	47.14	34.33	32.5	23.57
Net Income to Common	43.64	42.31	47.14	34.33	32.5	23.57
Net Income Growth	-0.28%	-10.24%	37.32%	5.62%	37.90%	-25.45%
Basic Shares Outstanding	200	200	200	200	200	200
Diluted Shares Outstanding	200	200	200	200	200	200
EPS (Basic)	0.22	0.21	0.24	0.17	0.16	0.12
EPS (Diluted)	0.22	0.21	0.24	0.17	0.16	0.12
EPS Growth	-0.28%	-10.24%	37.32%	5.62%	37.90%	-25.45%
Dividend Per Share	0.100	0.100	0.100	0.080	0.080	0.080
Dividend Growth	-	-	25.00%	-	-	-
Effective Tax Rate	35.47%	36.49%	36.13%	38.94%	36.45%	35.95%

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