Bank Of Africa Senegal 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	48,923	46,627	39,947	36,655	32,319
Total Interest Income	48,923	46,627	39,947	36,655	32,319
Interest Paid on Deposits	19,253	18,050	14,542	13,521	13,352
Total Interest Expense	19,253	18,050	14,542	13,521	13,352
Net Interest Income	29,670	28,577	25,405	23,134	18,967
Net Interest Income Growth (YoY)	3.82%	12.49%	9.82%	21.97%	7.41%
Income From Trading Activities	-	2	-	8	2
Gain (Loss) on Sale of Assets	215	1,023	1	143	40
Gain (Loss) on Sale of Investments	53	-261	34	318	729
Other Non-Interest Income	19,943	17,108	15,064	12,266	10,297
Total Non-Interest Income	20,211	17,872	15,099	12,735	11,068
Non-Interest Income Growth (YoY)	13.09%	18.37%	18.56%	15.06%	-10.65%
Revenues Before Loan Losses	49,881	46,449	40,504	35,869	30,035
Provision for Loan Losses	4,429	4,070	6,081	6,617	3,496
Revenue	45,452	42,379	34,423	29,252	26,539
Revenue Growth (YoY)	7.25%	23.11%	17.68%	10.22%	-4.54%
Occupancy Expenses	2,876	2,750	2,443	2,348	2,256
Other Non-Interest Expense	19,688	20,702	16,260	15,829	16,611
Total Non-Interest Expense	22,564	23,452	18,703	18,177	18,867
EBT Excluding Unusual Items	22,888	18,927	15,720	11,075	7,672
Pretax Income	22,888	18,927	15,720	11,075	7,672
Income Tax Expense	2,904	1,905	139	5	5
Net Income	19,984	17,022	15,581	11,070	7,667
Net Income to Common	19,984	17,022	15,581	11,070	7,667
Net Income Growth	17.40%	9.25%	40.75%	44.39%	-15.89%
Basic Shares Outstanding	36	36	36	-	36
Diluted Shares Outstanding	36	36	36	-	36
Shares Change (YoY)	-	-	-	-	0.06%
EPS (Basic)	555.11	472.83	432.81	-	212.97
EPS (Diluted)	555.11	472.83	432.81	-	212.97
EPS Growth	17.40%	9.25%	-	-	-15.93%
Dividend Per Share	389.000	222.222	138.889	-	119.267
Dividend Growth	75.05%	60.00%	-	-	-0.06%
Effective Tax Rate	12.69%	10.06%	0.88%	0.04%	0.07%

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.