Banco Hipotecario S.A. (BCBA: BHIP)

Banco Hipotecario Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	925,794	626,687	287,168	90,409	29,857	28,939
Total Interest Income	925,794	626,687	287,168	90,409	29,857	28,939
Interest Paid on Deposits	774,476	675,540	330,226	90,138	29,958	25,978
Total Interest Expense	774,476	675,540	330,226	90,138	29,958	25,978
Net Interest Income	151,318	-48,853	-43,059	270.71	-100.7	2,962
Net Interest Income Growth (YoY)	-	-	-	-	-	36.84%
Gain (Loss) on Sale of Assets	-	-	5.07	14.37	97.89	144.06
Other Non-Interest Income	335,504	438,687	318,211	57,938	32,812	25,617
Total Non-Interest Income	335,504	438,687	318,216	57,953	32,910	25,761
Non-Interest Income Growth (YoY)	-39.72%	37.86%	449.10%	76.10%	27.75%	100.51%
Revenues Before Loan Losses	486,822	389,834	275,158	58,223	32,809	28,722
Provision for Loan Losses	4,937	5,136	5,630	5,197	3,071	4,988
Revenue	481,885	384,697	269,528	53,026	29,738	23,734
Revenue Growth (YoY)	8.68%	42.73%	408.30%	78.31%	25.29%	80.04%
Salaries and Employee Benefits	75,039	74,056	69,420	20,910	10,302	8,792
Occupancy Expenses	2,763	3,446	5,510	2,106	1,270	792.4
Selling, General & Administrative	26,077	29,424	28,542	9,495	6,309	5,213
Other Non-Interest Expense	294,938	201,525	123,029	28,570	9,359	13,535
Total Non-Interest Expense	398,817	308,451	226,501	61,081	27,240	28,333
EBT Excluding Unusual Items	83,069	76,247	43,027	-8,055	2,498	-4,599
Asset Writedown	-15,854	-9,281	-1,172	-424.6	192.56	895.18
Pretax Income	67,215	66,965	41,854	-8,480	2,690	-3,703
Income Tax Expense	11,764	9,315	23,423	-186.08	1,225	55.98
Earnings From Continuing Operations	55,451	57,651	18,431	-8,294	1,465	-3,759
Minority Interest in Earnings	-1,737	-1,085	423.99	109.85	-81.66	36.7
Net Income	53,714	56,565	18,855	-8,184	1,383	-3,723
Net Income to Common	53,714	56,565	18,855	-8,184	1,383	-3,723
Net Income Growth	26.00%	200.00%	-	-	-	-
Basic Shares Outstanding	1,476	1,475	1,473	1,471	1,470	1,469
Diluted Shares Outstanding	1,476	1,475	1,473	1,471	1,470	1,469
Shares Change (YoY)	0.16%	0.12%	0.13%	0.06%	0.13%	0.26%
EPS (Basic)	36.39	38.35	12.80	-5.56	0.94	-2.53
EPS (Diluted)	36.38	38.35	12.80	-5.56	0.94	-2.54
EPS Growth	25.80%	199.65%	-	-	-	-
Dividend Per Share	19.841	19.841	-	-	-	-
Effective Tax Rate	17.50%	13.91%	55.96%	-	45.55%	-

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