Bank of Bahrain and Kuwait B.S.C. (BAX:BBK)

BAX:BBK Income Statement

Financials in millions BHD. 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	251.9	237	152.3	118.4	137.7
Interest Paid on Deposits	127.3	103.6	49.8	35.8	56.9
Net Interest Income	124.6	133.4	102.5	82.6	80.8
Net Interest Income Growth (YoY)	-6.60%	30.15%	24.09%	2.23%	-24.70%
Gain (Loss) on Sale of Investments	7.7	4.6	2.7	3.6	3.5
Other Non-Interest Income	31.6	26.1	31.7	29.4	34.4
Total Non-Interest Income	39.3	30.7	34.4	33	37.9
Non-Interest Income Growth (YoY)	28.01%	-10.76%	4.24%	-12.93%	-14.25%
Revenues Before Loan Losses	163.9	164.1	136.9	115.6	118.7
Provision for Loan Losses	17.3	9.9	8	2.9	5.6
Revenue	146.6	154.2	128.9	112.7	113.1
Revenue Growth (YoY)	-4.93%	19.63%	14.37%	-0.35%	-14.71%
Salaries and Employee Benefits	37.3	39.2	34.5	33.5	32.7
Selling, General & Administrative	2.3	0.4	2.8	2.8	2.4
Other Non-Interest Expense	31.7	29.1	27.2	24.5	25.6
Total Non-Interest Expense	74	78.9	63.2	59.1	60.8
EBT Excluding Unusual Items	72.6	75.3	65.7	53.6	52.3
Pretax Income	72.6	75.3	65.7	53.6	52.3
Income Tax Expense	-0.1	0.2	0.7	0.1	-0.3
Earnings From Continuing Operations	72.7	75.1	65	53.5	52.6
Minority Interest in Earnings	-0.7	-0.6	-0.6	-0.4	-0.6
Net Income	72	74.5	64.4	53.1	52
Net Income to Common	72	74.5	64.4	53.1	52
Net Income Growth	-3.36%	15.68%	21.28%	2.12%	-31.03%
Basic Shares Outstanding	1,806	1,806	1,804	1,803	1,802
Diluted Shares Outstanding	1,806	1,806	1,804	1,803	1,802
Shares Change (YoY)	0.03%	0.09%	0.06%	0.04%	5.90%
EPS (Basic)	0.04	0.04	0.04	0.03	0.03
EPS (Diluted)	0.04	0.04	0.04	0.03	0.03
EPS Growth	-3.39%	15.58%	21.21%	2.08%	-31.30%
Dividend Per Share	0.035	0.029	0.023	0.017	0.015
Dividend Growth	22.38%	25.99%	37.58%	10.00%	-47.55%
Effective Tax Rate	-	0.27%	1.07%	0.19%	-

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