Bank of Africa Mali SA (BRVM: BOAM)

Bank of Africa Mali Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	-	33,187	32,306	34,767	31,306	29,644
Total Interest Income	-	33,187	32,306	34,767	31,306	29,644
Interest Paid on Deposits	-	12,114	10,971	10,940	11,189	11,293
Total Interest Expense	-	12,114	10,971	10,940	11,189	11,293
Net Interest Income	21,782	21,073	21,334	23,827	20,118	18,351
Net Interest Income Growth (YoY)	0.94%	-1.22%	-10.46%	18.44%	9.63%	-0.21%
Income From Trading Activities	2,583	2,583	1,643	1,145	1,517	1,506
Gain (Loss) on Sale of Assets	-196.38	-196.38	1,735	429.18	2,831	342.1
Gain (Loss) on Sale of Investments	-	-	-	127.26	-168.96	-58.04
Other Non-Interest Income	11,862	11,862	12,330	10,308	10,883	12,257
Total Non-Interest Income	14,249	14,249	15,708	12,010	15,061	14,046
Non-Interest Income Growth (YoY)	-9.29%	-9.29%	30.80%	-20.26%	7.23%	22.47%
Revenues Before Loan Losses	36,032	35,323	37,043	35,837	35,179	32,397
Provision for Loan Losses	3,364	5,892	-9,476	12,200	14,327	16,138
Revenue	32,668	29,431	46,519	23,636	20,853	16,259
Revenue Growth (YoY)	-30.14%	-36.73%	96.81%	13.35%	28.26%	-46.17%
Salaries and Employee Benefits	-	-	-	10,950	-	-
Occupancy Expenses	4,036	4,036	24,330	2,087	2,826	2,812
Selling, General & Administrative	336	-	-	-	-	-
Other Non-Interest Expense	19,385	19,293	19,328	8,184	17,159	20,067
Total Non-Interest Expense	23,757	23,329	43,658	21,221	19,985	22,879
EBT Excluding Unusual Items	8,910	6,101	2,860	2,415	867.9	-6,620
Pretax Income	8,910	6,101	2,860	2,415	867.9	-6,620
Income Tax Expense	386.16	323.16	400	319.96	339.52	367.25
Net Income	8,524	5,778	2,460	2,095	528.38	-6,987
Net Income to Common	8,524	5,778	2,460	2,095	528.38	-6,987
Net Income Growth	234.49%	134.84%	17.43%	296.55%	-	-
Basic Shares Outstanding	-	27	27	28	23	23
Diluted Shares Outstanding	-	27	27	28	23	23
Shares Change (YoY)	-	-	-0.43%	18.27%	0.53%	-0.03%
EPS (Basic)	-	210.50	89.63	76.00	22.67	-301.33
EPS (Diluted)	-	210.50	89.63	76.00	22.67	-301.33
EPS Growth	-	134.84%	17.94%	235.29%	-	-
Dividend Per Share	-	103.333	-	-	-	-
Effective Tax Rate	4.33%	5.30%	13.98%	13.25%	39.12%	-

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