United Gulf Holding Company B.S.C. (BAX:UGH)

BAX:UGH Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	84.24	106.65	106.32	71.43	43.38
Interest Paid on Deposits	74.9	108.69	106.06	81.22	62.18
Net Interest Income	9.34	-2.04	0.26	-9.78	-18.8
Gain (Loss) on Sale of Assets	-	-	-	-	5.55
Gain (Loss) on Sale of Investments	-4.98	-10.38	-4.3	-4.14	17.2
Gain (Loss) on Sale of Equity Investments	30.49	34.75	20.59	39.37	26.42
Other Non-Interest Income	-1.81	9.65	5.04	79.08	88.29
Total Non-Interest Income	23.7	34.02	21.33	114.31	137.45
Non-Interest Income Growth (YoY)	-30.33%	59.47%	-81.34%	-16.83%	51.64%
Revenues Before Loan Losses	33.04	31.98	21.59	104.53	118.65
Provision for Loan Losses	1.91	2.5	0.33	21.86	2.83
Revenue	31.13	29.48	21.26	82.67	115.82
Revenue Growth (YoY)	5.59%	38.66%	-74.28%	-28.62%	270.97%
Salaries and Employee Benefits	26.57	25.62	25.56	65.89	72.2
Selling, General & Administrative	18.44	17.16	19.66	33.62	35.9
Total Non-Interest Expense	45.01	42.78	45.21	99.51	108.09
EBT Excluding Unusual Items	-13.88	-13.3	-23.95	-16.84	7.73
Asset Writedown	-	-	-	0.56	1.19
Pretax Income	-13.88	-13.3	-23.95	-16.28	8.92
Income Tax Expense	1.6	10.48	5.82	3.07	4.01
Earnings From Continuing Operations	-15.48	-23.79	-29.77	-19.35	4.91
Earnings From Discontinued Operations	3.88	-1.63	-12	-	-
Minority Interest in Earnings	-3.73	0.62	-0.17	-1.95	-13.22
Net Income	-15.33	-24.79	-41.94	-21.29	-8.31
Preferred Dividends & Other Adjustments	-	3.52	3.5	3.53	3.5
Net Income to Common	-15.33	-28.31	-45.44	-24.83	-11.82
Basic Shares Outstanding	438	438	438	438	438
Diluted Shares Outstanding	438	438	438	438	438
Shares Change (YoY)	-0.14%	-	-	-	4.68%
EPS (Basic)	-0.04	-0.06	-0.10	-0.06	-0.03
EPS (Diluted)	-0.04	-0.06	-0.10	-0.06	-0.03
Effective Tax Rate	-	-	-	-	44.94%

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