BRVM:BOAC Income Statement

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

Millions XOF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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 Income on Loans	3,149	1,310	40,161	36,292	37,466
Interest Income on Investments	52,622	49,016	-	-	-
Total Interest Income	55,771	50,326	40,161	36,292	37,466
Interest Paid on Deposits	12,414	10,890	11,392	10,717	11,500
Interest Paid on Borrowings	4,272	3,485	-	-	-
Total Interest Expense	16,686	14,375	11,392	10,717	11,500
Net Interest Income	39,085	35,951	28,769	25,575	25,966
Net Interest Income Growth (YoY)	8.72%	24.96%	12.49%	-1.51%	23.35%
Income From Trading Activities	6,033	-4,257	-	-	2,044
Gain (Loss) on Sale of Assets	39	-343	-71	-2,316	3
Gain (Loss) on Sale of Investments	-	-	-	-	238
Other Non-Interest Income	27,605	29,116	19,041	15,970	12,564
Total Non-Interest Income	33,677	24,516	18,970	13,654	14,849
Non-Interest Income Growth (YoY)	37.37%	29.24%	38.93%	-8.05%	3.52%
Revenues Before Loan Losses	72,762	60,467	47,739	39,229	40,815
Provision for Loan Losses	6,567	4,602	2,737	42	5,729
Revenue	66,195	55,865	45,002	39,187	35,086
Revenue Growth (YoY)	18.49%	24.14%	14.84%	11.69%	3.39%
Salaries and Employee Benefits	13,169	11,867	-	-	-
Occupancy Expenses	1,605	1,822	1,850	1,799	1,891
Selling, General & Administrative	11,935	11,280	-	-	-
Other Non-Interest Expense	225	221	21,323	19,842	18,944
Total Non-Interest Expense	26,934	25,190	23,173	21,641	20,835
EBT Excluding Unusual Items	39,261	30,675	21,829	17,546	14,251
Pretax Income	39,261	30,675	21,829	17,546	14,251
Income Tax Expense	7,217	4,600	1,760	908	35
Net Income	32,044	26,075	20,069	16,638	14,216
Net Income to Common	32,044	26,075	20,069	16,638	14,216
Net Income Growth	22.89%	29.93%	20.62%	17.04%	-1.15%
Basic Shares Outstanding	40	40	40	40	40
Diluted Shares Outstanding	40	40	40	40	40
Shares Change (YoY)	0.03%	-0.06%	0.06%	-0.01%	-
EPS (Basic)	801.00	652.00	501.50	416.00	355.40
EPS (Diluted)	801.00	652.00	501.50	416.00	355.40
EPS Growth	22.85%	30.01%	20.55%	17.05%	-
Dividend Per Share	521.111	380.000	300.000	-	175.000
Dividend Growth	37.13%	26.67%	-	-	-
Effective Tax Rate	18.38%	15.00%	8.06%	5.17%	0.25%