LH Financial Group PCL (BKK: LHFG)

LH Financial Group PCL Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	13,176	11,668	8,724	7,770	7,855
Interest Income on Investments	465.41	1,034	1,157	1,593	1,389
Total Interest Income	13,642	12,702	9,880	9,362	9,244
Interest Paid on Deposits	6,368	4,725	2,529	2,331	3,130
Net Interest Income	7,273	7,977	7,351	7,032	6,114
Net Interest Income Growth (YoY)	-8.82%	8.51%	4.55%	15.00%	3.13%
Gain (Loss) on Sale of Investments	-30.68	10.86	-	155.65	833.92
Other Non-Interest Income	959.03	742.65	771.95	888.02	799.07
Total Non-Interest Income	928.35	753.51	771.95	1,044	1,633
Non-Interest Income Growth (YoY)	23.20%	-2.39%	-26.04%	-36.09%	-17.32%
Revenues Before Loan Losses	8,202	8,730	8,123	8,075	7,747
Provision for Loan Losses	1,330	2,163	2,704	3,275	2,304
Revenue	6,872	6,567	5,420	4,800	5,444
Revenue Growth (YoY)	4.64%	21.17%	12.91%	-11.82%	-20.08%
Salaries and Employee Benefits	2,380	2,222	2,059	1,796	1,615
Occupancy Expenses	880.85	782.1	696.84	674.45	726
Amortization of Goodwill & Intangibles	105.4	126.03	118.95	123.84	126.46
Selling, General & Administrative	186.5	237.16	215.93	172.24	123.5
Other Non-Interest Expense	773.65	680.52	498.85	456.29	406.48
Total Non-Interest Expense	4,326	4,047	3,590	3,223	2,997
EBT Excluding Unusual Items	2,545	2,520	1,830	1,577	2,446
Pretax Income	2,545	2,520	1,830	1,577	2,446
Income Tax Expense	498.44	423.28	251.11	192.93	389.5
Earnings From Continuing Operations	2,047	2,096	1,579	1,384	2,057
Minority Interest in Earnings	-0.03	-0.03	-0.05	-	-0.07
Net Income	2,047	2,096	1,579	1,384	2,057
Net Income to Common	2,047	2,096	1,579	1,384	2,057
Net Income Growth	-2.35%	32.78%	14.09%	-32.73%	-36.02%
Basic Shares Outstanding	21,103	21,184	21,184	21,055	20,958
Diluted Shares Outstanding	21,103	21,184	21,184	21,055	20,958
Shares Change (YoY)	-0.38%	-	0.61%	0.46%	-1.07%
EPS (Basic)	0.10	0.10	0.07	0.07	0.10
EPS (Diluted)	0.10	0.10	0.07	0.07	0.10
EPS Growth	-1.98%	32.78%	13.40%	-33.04%	-35.33%
Dividend Per Share	-	0.030	0.010	0.040	0.040
Dividend Growth	-	200.00%	-75.00%	0%	-50.00%
Effective Tax Rate	19.58%	16.80%	13.72%	12.24%	15.92%

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