Eurobank Ergasias Services and Holdings S.A. (ATH: EUROB)

ATH: EUROB Income Statement

Financials in millions EUR. 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	4,746	4,454	2,226	1,842	1,955	2,116
Interest Income on Investments	259	-	-	-	-	-
Total Interest Income	5,005	4,454	2,226	1,842	1,955	2,116
Interest Paid on Deposits	2,466	2,280	746	521	606	739
Net Interest Income	2,403	2,174	1,480	1,321	1,349	1,377
Net Interest Income Growth (YoY)	17.22%	46.89%	12.04%	-2.08%	-2.03%	-2.75%
Income From Trading Activities	161	71	725	-8	3	-20
Gain (Loss) on Sale of Assets	-	-	291	-2	230	-39.3
Gain (Loss) on Sale of Investments	115	172	-29	97	421	113
Other Non-Interest Income	530	501	526	462	384	363.6
Total Non-Interest Income	806	744	1,513	549	1,038	417.3
Non-Interest Income Growth (YoY)	5.77%	-50.83%	175.59%	-47.11%	148.74%	-6.01%
Revenues Before Loan Losses	3,209	2,918	2,993	1,870	2,387	1,794
Provision for Loan Losses	370	412	276	490	2,081	624
Revenue	2,839	2,506	2,717	1,380	306	1,170
Revenue Growth (YoY)	14.75%	-7.77%	96.88%	350.98%	-73.85%	-0.82%
Salaries and Employee Benefits	546.02	469.02	417.06	433.48	442	481
Occupancy Expenses	81	79	80	78	76	78
Federal Deposit Insurance	-7	33	69	75	78	69
Amortization of Goodwill & Intangibles	48	41	37	36	33	31
Selling, General & Administrative	311	275	252	253	240	242
Other Non-Interest Expense	23	48	45	31	20	16
Total Non-Interest Expense	839	910	882	898	882	945
EBT Excluding Unusual Items	2,000	1,596	1,835	482	-576	225.3
Asset Writedown	-13	-11	11	32	3	61
Other Unusual Items	-	-	-	-	1	30.3
Pretax Income	1,820	1,548	1,757	489	-879	166.6
Income Tax Expense	359	267	412	162	336	37.6
Earnings From Continuing Operations	1,461	1,281	1,345	327	-1,215	129
Earnings From Discontinued Operations	-132	-153	2	-	-	-2
Minority Interest in Earnings	-34	12	-	1	-	-
Net Income	1,295	1,140	1,347	328	-1,215	127
Preferred Dividends & Other Adjustments	-	-	-	-	-	2
Net Income to Common	1,295	1,140	1,347	328	-1,215	125
Net Income Growth	6.06%	-15.37%	310.67%	-	-	36.56%
Basic Shares Outstanding	3,663	3,699	3,709	3,708	3,708	3,314
Diluted Shares Outstanding	3,682	3,714	3,715	3,709	3,708	3,314
Shares Change (YoY)	-1.03%	-0.02%	0.15%	0.04%	11.86%	48.74%
EPS (Basic)	0.35	0.31	0.36	0.09	-0.33	0.04
EPS (Diluted)	0.34	0.30	0.36	0.09	-0.33	0.04
EPS Growth	6.47%	-17.12%	307.59%	-	-	-7.63%
Dividend Per Share	0.093	0.093	-	-	-	-
Effective Tax Rate	19.73%	17.25%	23.45%	33.13%	-	22.57%

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