Banco Patagonia S.A. (BCBA: BPAT)

Banco Patagonia 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	2,565,503	1,884,670	1,060,180	232,939	103,385	89,929
Total Interest Income	2,565,503	1,884,670	1,060,180	232,939	103,385	89,929
Interest Paid on Deposits	1,244,935	1,205,120	595,478	126,158	40,459	38,564
Total Interest Expense	1,244,935	1,205,120	595,478	126,158	40,459	38,564
Net Interest Income	1,320,568	679,550	464,702	106,781	62,926	51,364
Net Interest Income Growth (YoY)	93.89%	46.23%	335.19%	69.69%	22.51%	275.56%
Gain (Loss) on Sale of Assets	422.91	422.91	867.23	95.18	280.09	2,822
Other Non-Interest Income	289,047	235,726	138,919	36,183	18,450	16,205
Total Non-Interest Income	289,470	236,149	139,786	36,279	18,730	19,027
Non-Interest Income Growth (YoY)	76.44%	68.94%	285.31%	93.70%	-1.56%	156.86%
Revenues Before Loan Losses	1,610,038	915,699	604,488	143,060	81,656	70,392
Provision for Loan Losses	16,258	6,398	17,167	1,969	1,955	5,879
Revenue	1,593,780	909,300	587,321	141,091	79,701	64,513
Revenue Growth (YoY)	91.64%	54.82%	316.27%	77.03%	23.54%	245.47%
Salaries and Employee Benefits	181,194	115,127	105,846	34,180	17,419	11,640
Occupancy Expenses	17,924	11,147	11,585	3,817	1,919	1,211
Selling, General & Administrative	105,095	50,699	48,112	17,285	9,101	6,729
Other Non-Interest Expense	1,008,669	605,207	321,826	66,616	23,455	20,090
Total Non-Interest Expense	1,311,885	782,606	488,132	121,799	51,638	38,857
EBT Excluding Unusual Items	281,895	126,695	99,189	19,292	28,063	25,656
Asset Writedown	25,035	16,922	-731.19	1,540	-4,454	-232.89
Pretax Income	306,930	143,617	98,458	20,832	23,609	25,423
Income Tax Expense	113,766	58,387	40,657	7,027	7,861	10,191
Earnings From Continuing Operations	193,164	85,230	57,801	13,806	15,749	15,232
Minority Interest in Earnings	-0	-0	-	-	-	-
Net Income	193,164	85,230	57,801	13,806	15,749	15,232
Net Income to Common	193,164	85,230	57,801	13,806	15,749	15,232
Net Income Growth	148.86%	47.45%	318.68%	-12.34%	3.39%	184.68%
Basic Shares Outstanding	-	719	719	719	719	719
Diluted Shares Outstanding	-	719	719	719	719	719
EPS (Basic)	-	118.52	80.37	19.20	21.90	21.18
EPS (Diluted)	-	118.52	80.37	19.20	21.90	21.18
EPS Growth	-	47.46%	318.68%	-12.34%	3.39%	184.69%
Dividend Per Share	-	-	-	4.081	-	10.933
Dividend Growth	-	-	-	-	-	152.19%
Effective Tax Rate	37.07%	40.65%	41.29%	33.73%	33.29%	40.09%

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