Grupo Nacional Provincial, S.A.B. (BMV:GNP)

ANSYS Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	97,685	91,706	81,245	71,285	64,656	61,687
Total Interest & Dividend Income	8,923	8,238	7,568	7,343	5,793	6,152
Gain (Loss) on Sale of Investments	4,528	4,541	2,700	3,172	3,281	754
Total Revenue	111,136	104,485	91,513	81,800	73,730	68,593
Revenue Growth (YoY)	14.85%	14.17%	11.87%	10.95%	7.49%	9.31%
Policy Benefits	74,011	69,434	61,358	55,906	52,813	44,581
Policy Acquisition & Underwriting Costs	27,529	25,932	21,283	16,618	14,780	14,411
Depreciation & Amortization	850.39	808	706	1,044	492	357
Selling, General & Administrative	1,663	1,392	1,120	2,613	2,259	2,351
Provision for Bad Debts	6.45	1	1	-1	1	1
Other Operating Expenses	-1,478	-1,448	-1,270	-1,149	-1,061	-1,022
Reinsurance Income or Expense	1,034	916	777	663	639	568
Total Operating Expenses	106,079	99,470	85,591	77,628	71,531	63,113
Operating Income	5,058	5,015	5,922	4,172	2,199	5,480
Earnings From Equity Investments	30.94	25	-39	-223	39	-65
Currency Exchange Gain (Loss)	-144.21	129	-378	-266	-37	-109
Other Non Operating Income (Expenses)	-135.75	-128	-93	-83	-4	-4
EBT Excluding Unusual Items	4,809	5,041	5,412	3,600	2,197	5,302
Pretax Income	4,809	5,041	5,412	3,600	2,197	5,302
Income Tax Expense	1,385	1,478	1,402	967	579	1,559
Net Income	3,424	3,563	4,010	2,633	1,618	3,743
Net Income to Common	3,424	3,563	4,010	2,633	1,618	3,743
Net Income Growth	-27.34%	-11.15%	52.30%	62.73%	-56.77%	-15.60%
Shares Outstanding (Basic)	224	224	224	224	224	224
Shares Outstanding (Diluted)	224	224	224	224	224	224
EPS (Basic)	15.28	15.90	17.89	11.75	7.22	16.70
EPS (Diluted)	15.28	15.90	17.89	11.75	7.22	16.70
EPS Growth	-27.34%	-11.15%	52.30%	62.73%	-56.77%	-15.60%
Free Cash Flow	1,901	740	1,172	653	1,508	2,734
Free Cash Flow Per Share	8.48	3.30	5.23	2.91	6.73	12.20
Dividend Per Share	-	-	4.500	-	9.160	12.690
Dividend Growth	-	-	-	-	-27.82%	42.10%
Operating Margin	4.55%	4.80%	6.47%	5.10%	2.98%	7.99%
Profit Margin	3.08%	3.41%	4.38%	3.22%	2.19%	5.46%
Free Cash Flow Margin	1.71%	0.71%	1.28%	0.80%	2.04%	3.99%
EBITDA	5,131	5,058	6,146	5,094	2,685	5,808
EBITDA Margin	4.62%	4.84%	6.72%	6.23%	3.64%	8.47%
D&A For EBITDA	73.24	43	224	922	486	328
EBIT	5,058	5,015	5,922	4,172	2,199	5,480
EBIT Margin	4.55%	4.80%	6.47%	5.10%	2.98%	7.99%
Effective Tax Rate	28.80%	29.32%	25.91%	26.86%	26.35%	29.40%

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.