TMBThanachart Bank Public Company Limited (BKK: TTB)

TTB Income Statement

Financials in millions THB. 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	83,345	79,134	65,627	64,239	72,321	39,837
Interest Paid on Deposits	25,151	21,926	14,010	13,240	18,515	12,972
Net Interest Income	58,194	57,207	51,617	51,000	53,805	26,865
Net Interest Income Growth (YoY)	7.00%	10.83%	1.21%	-5.21%	100.28%	9.67%
Gain (Loss) on Sale of Investments	129.24	51.69	6.72	181.99	-8,622	1,956
Gain (Loss) on Sale of Equity Investments	286.99	283.85	261.35	345.52	362.75	324.41
Other Non-Interest Income	12,763	13,419	13,967	14,009	23,800	10,675
Total Non-Interest Income	13,179	13,754	14,236	14,537	15,541	12,956
Non-Interest Income Growth (YoY)	-8.67%	-3.38%	-2.07%	-6.46%	19.95%	-44.97%
Revenues Before Loan Losses	71,373	70,961	65,852	65,537	69,346	39,821
Provision for Loan Losses	24,077	22,199	18,353	21,514	24,831	10,337
Revenue	47,296	48,762	47,499	44,023	44,515	29,484
Revenue Growth (YoY)	-7.51%	2.66%	7.90%	-1.11%	50.98%	-7.69%
Salaries and Employee Benefits	16,117	16,537	15,884	16,219	17,025	9,629
Occupancy Expenses	4,778	4,817	4,864	5,622	6,171	3,598
Selling, General & Administrative	237.4	258.11	181.79	334.5	183.48	48.44
Other Non-Interest Expense	9,762	9,668	9,022	9,043	8,798	7,399
Total Non-Interest Expense	30,894	31,280	29,952	31,219	32,177	20,674
EBT Excluding Unusual Items	16,402	17,482	17,547	12,804	12,338	8,810
Pretax Income	16,402	17,482	17,547	12,804	12,338	8,810
Income Tax Expense	-3,889	-979.98	3,352	2,327	2,223	1,588
Earnings From Continuing Operations	20,291	18,462	14,195	10,477	10,115	7,222
Minority Interest in Earnings	-0.03	-0.03	-0.01	-2.63	-2.63	-0.01
Net Income	20,291	18,462	14,195	10,474	10,112	7,222
Net Income to Common	20,291	18,462	14,195	10,474	10,112	7,222
Net Income Growth	23.55%	30.06%	35.53%	3.58%	40.01%	-37.74%
Basic Shares Outstanding	97,084	96,876	96,664	96,464	96,374	48,624
Diluted Shares Outstanding	97,430	97,291	97,094	96,742	96,541	48,624
Shares Change (YoY)	0.31%	0.20%	0.36%	0.21%	98.55%	10.88%
EPS (Basic)	0.21	0.19	0.15	0.11	0.10	0.15
EPS (Diluted)	0.21	0.19	0.15	0.11	0.10	0.15
EPS Growth	23.12%	29.38%	35.60%	3.44%	-29.49%	-43.87%
Dividend Per Share	0.055	0.105	0.073	0.038	0.045	0.040
Dividend Growth	-46.60%	43.84%	92.11%	-15.56%	12.50%	-42.86%
Effective Tax Rate	-	-	19.10%	18.17%	18.02%	18.02%

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