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	1,150,654	1,884,670	1,060,180	232,939	103,385	89,929
Total Interest Income	1,150,654	1,884,670	1,060,180	232,939	103,385	89,929
Interest Paid on Deposits	323,996	1,205,120	595,478	126,158	40,459	38,564
Total Interest Expense	323,996	1,205,120	595,478	126,158	40,459	38,564
Net Interest Income	826,658	679,550	464,702	106,781	62,926	51,364
Net Interest Income Growth (YoY)	-12.74%	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	146,539	235,726	138,919	36,183	18,450	16,205
Total Non-Interest Income	146,962	236,149	139,786	36,279	18,730	19,027
Non-Interest Income Growth (YoY)	-35.90%	68.94%	285.31%	93.70%	-1.56%	156.86%
Revenues Before Loan Losses	973,620	915,699	604,488	143,060	81,656	70,392
Provision for Loan Losses	11,453	6,398	17,167	1,969	1,955	5,879
Revenue	962,167	909,300	587,321	141,091	79,701	64,513
Revenue Growth (YoY)	-17.07%	54.82%	316.27%	77.03%	23.54%	245.47%
Salaries and Employee Benefits	85,790	115,127	105,846	34,180	17,419	11,640
Occupancy Expenses	9,510	11,147	11,585	3,817	1,919	1,211
Selling, General & Administrative	43,367	50,699	48,112	17,285	9,101	6,729
Other Non-Interest Expense	644,899	605,207	321,826	66,616	23,455	20,090
Total Non-Interest Expense	783,230	782,606	488,132	121,799	51,638	38,857
EBT Excluding Unusual Items	178,937	126,695	99,189	19,292	28,063	25,656
Asset Writedown	27,781	16,922	-731.19	1,540	-4,454	-232.89
Pretax Income	206,718	143,617	98,458	20,832	23,609	25,423
Income Tax Expense	82,829	58,387	40,657	7,027	7,861	10,191
Earnings From Continuing Operations	123,889	85,230	57,801	13,806	15,749	15,232
Minority Interest in Earnings	-0	-0	-	-	-	-
Net Income	123,889	85,230	57,801	13,806	15,749	15,232
Net Income to Common	123,889	85,230	57,801	13,806	15,749	15,232
Net Income Growth	9.23%	47.45%	318.68%	-12.34%	3.39%	184.68%
Basic Shares Outstanding	719	719	719	719	719	719
Diluted Shares Outstanding	719	719	719	719	719	719
EPS (Basic)	172.27	118.52	80.37	19.20	21.90	21.18
EPS (Diluted)	172.27	118.52	80.37	19.20	21.90	21.18
EPS Growth	9.23%	47.46%	318.68%	-12.34%	3.39%	184.69%
Dividend Per Share	-	-	-	4.081	-	10.933
Dividend Growth	-	-	-	-	-	152.19%
Effective Tax Rate	40.07%	40.65%	41.29%	33.73%	33.29%	40.09%

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