Al Salam Bank B.S.C. (BAX:SALAM)

Al Salam Bank B.S.C. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	694.39	920.25	711.3	383.32	395.87	301.38
Investment Securities	2,668	1,147	752.04	789.74	748.02	245.14
Total Investments	2,668	1,147	752.04	789.74	748.02	245.14
Gross Loans	3,965	3,730	2,726	2,037	1,406	1,330
Allowance for Loan Losses	-	-68.11	-49.02	-50.58	-40.11	-40.03
Net Loans	3,965	3,662	2,677	1,987	1,366	1,290
Property, Plant & Equipment	-	38.94	30.01	19.36	3.61	1.96
Goodwill	-	151.92	37.25	33.53	25.97	25.97
Other Intangible Assets	234.62	52.83	40.89	18.47	-	-
Investments in Real Estate	99.91	129.3	78.07	62.46	60.9	67.59
Other Receivables	-	75.93	37.26	64.92	32.19	24.64
Restricted Cash	-	189.81	120.16	97.52	45.12	24.85
Other Current Assets	-	14.85	13.75	11.62	7.04	1.3
Other Long-Term Assets	157.73	680.69	649.88	431.71	-	278.28
Total Assets	7,820	7,063	5,147	3,899	2,685	2,261
Accounts Payable	-	83.13	77.7	36.85	17.42	48.77
Accrued Expenses	-	25.63	14.38	21.44	11.31	-
Non-Interest Bearing Deposits	1,468	1,280	1,066	550.28	482.74	363.97
Total Deposits	1,468	1,280	1,066	550.28	482.74	363.97
Short-Term Borrowings	148.49	171.02	136.51	187.72	126.89	116.88
Current Portion of Long-Term Debt	-	548.09	485.5	293.05	82.76	204.21
Other Current Liabilities	-	5.53	6.37	5.7	9.64	1.14
Long-Term Debt	960	202.97	25.35	27.94	17.46	17.46
Long-Term Unearned Revenue	-	-	-	40.25	-	-
Pension & Post-Retirement Benefits	-	3.33	2.97	2.62	2.09	1.52
Other Long-Term Liabilities	4,553	4,150	2,924	2,396	1,638	1,226
Total Liabilities	7,130	6,469	4,738	3,562	2,388	1,980
Common Stock	296.76	274.78	261.69	249.23	241.97	230.45
Additional Paid-In Capital	0.21	0.21	0.21	0.21	0.21	12.21
Retained Earnings	56.12	92.45	70.33	53.45	38.13	16.23
Treasury Stock	-8.25	-28.01	-6.8	-1.33	-12.47	-7.53
Comprehensive Income & Other	262.6	180.08	11.97	1.69	28.41	29.41
Total Common Equity	607.44	519.5	337.4	303.25	296.25	280.77
Minority Interest	82.24	73.88	71.25	34.1	0.51	0.4
Shareholders' Equity	689.68	593.38	408.65	337.36	296.76	281.17
Total Liabilities & Equity	7,820	7,063	5,147	3,899	2,685	2,261
Total Debt	1,108	922.08	647.36	508.71	227.11	338.55
Net Cash (Debt)	109.6	-1.83	63.94	-125.39	170.78	-37.17
Net Cash Per Share	0.04	-0.00	0.02	-0.04	0.06	-0.01
Filing Date Shares Outstanding	3,477	2,799	2,907	2,795	2,788	2,863
Total Common Shares Outstanding	3,477	2,799	2,907	2,795	2,788	2,863
Book Value Per Share	0.17	0.19	0.12	0.11	0.11	0.10
Tangible Book Value	372.82	314.75	259.26	251.25	270.28	254.8
Tangible Book Value Per Share	0.11	0.11	0.09	0.09	0.10	0.09

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.