Banco de Valores S.A. (BCBA: VALO)

Banco de Valores 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	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	402,996	402,996	67,884	62,004	14,814	8,375
Total Interest Income	402,996	402,996	67,884	62,004	14,814	8,375
Interest Paid on Deposits	283,216	283,216	45,560	45,633	7,195	2,975
Total Interest Expense	283,216	283,216	45,560	45,633	7,195	2,975
Net Interest Income	119,780	119,780	22,323	16,371	7,619	5,400
Net Interest Income Growth (YoY)	72.30%	436.57%	36.36%	114.87%	41.10%	212.64%
Gain (Loss) on Sale of Investments	-	-	-11.12	194.26	1.13	-5.36
Other Non-Interest Income	9,863	9,863	2,900	3,273	1,348	981.71
Total Non-Interest Income	9,863	9,863	2,889	3,468	1,349	976.35
Non-Interest Income Growth (YoY)	9.63%	241.40%	-16.69%	156.97%	38.21%	126.48%
Revenues Before Loan Losses	129,643	129,643	25,212	19,838	8,968	6,376
Provision for Loan Losses	960.63	960.63	100.88	107.56	11.07	33.67
Revenue	128,682	128,682	25,112	19,731	8,957	6,342
Revenue Growth (YoY)	64.56%	412.44%	27.27%	120.28%	41.23%	196.74%
Salaries and Employee Benefits	14,564	14,564	3,560	3,675	1,941	1,304
Occupancy Expenses	385.16	385.16	204.2	257.15	157.32	89.61
Selling, General & Administrative	6,212	6,212	1,352	1,364	709.81	553.94
Other Non-Interest Expense	90,565	90,565	16,965	12,260	2,743	1,981
Total Non-Interest Expense	111,726	111,726	22,081	17,557	5,551	3,928
EBT Excluding Unusual Items	16,956	16,956	3,030	2,174	3,406	2,414
Pretax Income	16,956	16,956	3,030	2,174	3,406	2,414
Income Tax Expense	8,636	8,636	1,421	824.03	1,346	828.25
Earnings From Continuing Operations	8,321	8,321	1,609	1,350	2,060	1,586
Minority Interest in Earnings	8.41	8.41	0.43	0.11	-	-
Net Income	8,329	8,329	1,610	1,350	2,060	1,586
Net Income to Common	8,329	8,329	1,610	1,350	2,060	1,586
Net Income Growth	66.14%	417.38%	19.21%	-34.43%	29.85%	70.79%
Basic Shares Outstanding	-	-	836	814	814	75
Diluted Shares Outstanding	-	-	836	814	814	75
Shares Change (YoY)	-	-	2.73%	-0.00%	985.11%	-
EPS (Basic)	-	-	1.93	1.66	2.53	21.15
EPS (Diluted)	-	-	1.93	1.66	2.53	21.15
EPS Growth	-	-	16.05%	-34.43%	-88.03%	70.79%
Dividend Per Share	-	-	0.314	-	-	-
Effective Tax Rate	50.93%	50.93%	46.88%	37.90%	39.53%	34.30%

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