Bank of Africa - Benin Income Statement

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

Millions XOF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	55,728	53,501	52,397	51,853	52,310
Total Interest Income	55,728	53,501	52,397	51,853	52,310
Interest Paid on Deposits	20,822	18,107	16,626	18,934	19,619
Interest Paid on Borrowings	-	4,503	3,896	-	-
Total Interest Expense	20,822	22,610	20,522	18,934	19,619
Net Interest Income	34,906	30,891	31,875	32,919	32,691
Net Interest Income Growth (YoY)	13.00%	-3.09%	-3.17%	0.69%	-6.38%
Income From Trading Activities	1,306	1,244	1,345	1,381	1,336
Gain (Loss) on Sale of Assets	234.65	463	1,061	-985.56	-2,478
Gain (Loss) on Sale of Investments	-	1,496	1,607	-	-
Other Non-Interest Income	15,061	12,895	13,006	12,113	11,232
Total Non-Interest Income	16,602	16,098	17,019	12,509	10,090
Non-Interest Income Growth (YoY)	3.13%	-5.41%	36.06%	23.97%	-3.55%
Revenues Before Loan Losses	51,509	46,989	48,894	45,427	42,781
Provision for Loan Losses	4,686	124	-706	-3,668	-611.26
Revenue	46,823	46,865	49,600	49,095	43,393
Revenue Growth (YoY)	-0.09%	-5.51%	1.03%	13.14%	8.77%
Salaries and Employee Benefits	-	11,429	11,729	-	-
Occupancy Expenses	2,693	2,577	2,615	3,626	3,808
Selling, General & Administrative	22,704	10,940	11,182	23,258	21,656
Other Non-Interest Expense	-	1	-	-	-
Total Non-Interest Expense	25,398	24,947	25,526	26,884	25,464
EBT Excluding Unusual Items	21,425	21,918	24,074	22,211	17,929
Pretax Income	21,425	21,918	24,074	22,211	17,929
Income Tax Expense	1,318	2,271	2,545	3,068	1,265
Net Income	20,107	19,647	21,529	19,143	16,664
Net Income to Common	20,107	19,647	21,529	19,143	16,664
Net Income Growth	2.34%	-8.74%	12.46%	14.88%	25.18%
Basic Shares Outstanding	-	41	41	-	-
Diluted Shares Outstanding	-	41	41	-	-
Shares Change (YoY)	-	0.12%	-	-	-
EPS (Basic)	-	484.00	531.00	-	-
EPS (Diluted)	-	484.00	531.00	-	-
EPS Growth	-	-8.85%	-	-	-
Dividend Per Share	-	492.632	372.000	330.000	287.500
Dividend Growth	-	32.43%	12.73%	14.78%	25.27%
Effective Tax Rate	6.15%	10.36%	10.57%	13.81%	7.05%

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