BRVM: BOAC Income Statement

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

Millions XOF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Interest Income on Loans	-	50,326	40,161	36,292	37,466	33,239	Upgrade
Total Interest Income	-	50,326	40,161	36,292	37,466	33,239	Upgrade
Interest Paid on Deposits	-	14,375	11,392	10,717	11,500	12,189	Upgrade
Total Interest Expense	-	14,375	11,392	10,717	11,500	12,189	Upgrade
Net Interest Income	43,402	35,951	28,769	25,575	25,966	21,050	Upgrade
Net Interest Income Growth (YoY)	-19.29%	24.96%	12.49%	-1.51%	23.35%	1.33%	Upgrade
Income From Trading Activities	-	-	-	-	2,044	1,594	Upgrade
Gain (Loss) on Sale of Assets	-343	-343	-71	-2,316	3	20	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	238	-	Upgrade
Other Non-Interest Income	24,860	24,860	19,041	15,970	12,564	12,730	Upgrade
Total Non-Interest Income	24,517	24,517	18,970	13,654	14,849	14,344	Upgrade
Non-Interest Income Growth (YoY)	383.28%	29.24%	38.93%	-8.05%	3.52%	18.69%	Upgrade
Revenues Before Loan Losses	67,919	60,468	47,739	39,229	40,815	35,394	Upgrade
Provision for Loan Losses	7,042	4,824	2,737	42	5,729	1,458	Upgrade
Revenue	60,877	55,644	45,002	39,187	35,086	33,936	Upgrade
Revenue Growth (YoY)	7.65%	23.65%	14.84%	11.69%	3.39%	10.17%	Upgrade
Occupancy Expenses	1,822	1,822	1,850	1,799	1,891	1,944	Upgrade
Selling, General & Administrative	1,367	-	-	-	-	17,576	Upgrade
Other Non-Interest Expense	23,287	23,147	21,323	19,842	18,944	-1	Upgrade
Total Non-Interest Expense	26,476	24,969	23,173	21,641	20,835	19,519	Upgrade
EBT Excluding Unusual Items	34,401	30,675	21,829	17,546	14,251	14,417	Upgrade
Pretax Income	34,401	30,675	21,829	17,546	14,251	14,417	Upgrade
Income Tax Expense	7,091	4,600	1,760	908	35	35	Upgrade
Net Income	27,310	26,075	20,069	16,638	14,216	14,382	Upgrade
Net Income to Common	27,310	26,075	20,069	16,638	14,216	14,382	Upgrade
Net Income Growth	-11.35%	29.93%	20.62%	17.04%	-1.15%	22.93%	Upgrade
Basic Shares Outstanding	40	40	40	40	40	-	Upgrade
Diluted Shares Outstanding	40	40	40	40	40	-	Upgrade
Shares Change (YoY)	-	-0.04%	0.06%	-0.01%	-	-	Upgrade
EPS (Basic)	682.75	651.88	501.50	416.00	355.40	-	Upgrade
EPS (Diluted)	682.75	651.88	501.50	416.00	355.40	-	Upgrade
EPS Growth	-	29.99%	20.55%	17.05%	-	-	Upgrade
Dividend Per Share	-	380.000	300.000	-	175.000	-	Upgrade
Dividend Growth	-	26.67%	-	-	-	-	Upgrade
Effective Tax Rate	20.61%	15.00%	8.06%	5.17%	0.25%	0.24%	Upgrade

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