BMV:DFS Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	19,873	20,020	17,845	12,864	10,651	11,095
Total Interest Expense	5,506	5,724	4,746	1,865	1,134	1,865
Net Interest Income	14,367	14,296	13,099	10,999	9,517	9,230
Commissions and Fees	1,880	1,865	1,684	1,552	1,371	1,128
Gain (Loss) on Sale of Investments	-2	-2	-9	-214	424	80
Other Revenue	933	932	257	247	231	236
Revenue Before Loan Losses	18,001	17,910	15,794	13,216	12,007	11,088
Provision for Loan Losses	4,658	4,911	6,018	2,359	218	5,134
Revenue	13,343	12,999	9,776	10,857	11,789	5,954
Revenue Growth (YoY)	35.95%	32.97%	-9.96%	-7.91%	98.00%	-27.64%
Salaries & Employee Benefits	2,888	2,824	2,434	2,139	1,986	1,894
Cost of Services Provided	3,186	3,172	2,902	2,537	2,199	2,029
Other Operating Expenses	748	807	672	391	433	441
Total Operating Expenses	6,822	6,803	6,008	5,067	4,618	4,364
Operating Income	6,521	6,196	3,768	5,790	7,171	1,590
EBT Excluding Unusual Items	6,521	6,196	3,768	5,790	7,171	1,590
Other Unusual Items	-122	-122	-131	-149	-92	-96
Pretax Income	6,399	6,074	3,637	5,641	6,984	1,435
Income Tax Expense	1,611	1,539	841	1,325	1,596	294
Net Income	4,788	4,535	2,796	4,316	5,388	1,141
Preferred Dividends & Other Adjustments	86	89	81	88	99	37
Net Income to Common	4,702	4,446	2,715	4,228	5,289	1,104
Net Income Growth	77.86%	62.20%	-35.22%	-19.90%	372.22%	-61.41%
Shares Outstanding (Basic)	252	251	254	277	300	307
Shares Outstanding (Diluted)	252	251	254	278	300	307
Shares Change (YoY)	0.20%	-1.18%	-8.63%	-7.33%	-2.28%	-4.06%
EPS (Basic)	18.70	17.71	10.69	15.26	17.63	3.60
EPS (Diluted)	18.70	17.71	10.69	15.23	17.63	3.60
EPS Growth	79.80%	65.71%	-29.82%	-13.61%	390.25%	-60.39%
Free Cash Flow	8,453	8,157	8,260	6,904	5,825	5,935
Free Cash Flow Per Share	33.61	32.50	32.52	24.84	19.42	19.33
Dividend Per Share	2.800	2.800	2.700	2.300	1.880	1.760
Dividend Growth	-	3.70%	17.39%	22.34%	6.82%	4.76%
Operating Margin	48.87%	47.66%	38.54%	53.33%	60.83%	26.71%
Profit Margin	35.24%	34.20%	27.77%	38.94%	44.86%	18.54%
Free Cash Flow Margin	63.35%	62.75%	84.49%	63.59%	49.41%	99.68%
Effective Tax Rate	25.18%	25.34%	23.12%	23.49%	22.85%	20.49%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.