Bahrain Islamic Bank B.S.C. (BAX:BISB)

BAX:BISB 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	53.25	49.37	49.41	42.44	40.51
Interest Income on Investments	20.85	17.9	12.64	13.4	12.66
Total Interest Income	74.1	67.27	62.05	55.83	53.17
Interest Paid on Borrowings	38	30.23	14.83	10.09	0.18
Total Interest Expense	38	30.23	14.83	10.09	0.18
Net Interest Income	36.11	37.04	47.22	45.75	52.99
Net Interest Income Growth (YoY)	-2.51%	-21.57%	3.22%	-13.67%	-3.67%
Gain (Loss) on Sale of Equity Investments	0.11	0.35	0.01	-0.27	-0.24
Other Non-Interest Income	8.55	10.26	3.71	3.22	-11.33
Total Non-Interest Income	8.71	10.82	3.11	2.15	-13.99
Non-Interest Income Growth (YoY)	-19.56%	248.60%	44.22%	-	-
Revenues Before Loan Losses	44.81	47.86	50.33	47.9	39
Provision for Loan Losses	6.98	6.64	9.56	16.01	28.16
Revenue	37.83	41.23	40.77	31.89	10.84
Revenue Growth (YoY)	-8.24%	1.13%	27.83%	194.26%	-65.38%
Salaries and Employee Benefits	13.3	12.38	13.09	11.3	12.26
Occupancy Expenses	1.82	1.82	1.71	1.58	1.38
Selling, General & Administrative	-	-	1.3	1.24	1.16
Other Non-Interest Expense	17.64	15.88	10.22	8.45	8.61
Total Non-Interest Expense	32.76	30.09	26.31	22.56	23.4
EBT Excluding Unusual Items	5.07	11.14	14.45	9.33	-12.56
Legal Settlements	-	-	-1.89	-3.2	-
Pretax Income	5.07	11.14	12.57	6.13	-12.56
Net Income	5.07	11.14	12.57	6.13	-12.56
Preferred Dividends & Other Adjustments	1.91	1.9	1.9	-	-
Net Income to Common	3.16	9.24	10.67	6.13	-12.56
Net Income Growth	-54.47%	-11.39%	104.99%	-	-
Basic Shares Outstanding	1,055	1,054	1,053	1,053	1,053
Diluted Shares Outstanding	1,055	1,054	1,053	1,053	1,053
Shares Change (YoY)	0.07%	0.06%	0.05%	0.03%	0.03%
EPS (Basic)	0.00	0.01	0.01	0.01	-0.01
EPS (Diluted)	0.00	0.01	0.01	0.01	-0.01
EPS Growth	-65.77%	-13.47%	73.91%	-	-

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