Société Ivoirienne de Banque S.A. (BRVM:SIBC)

BRVM:SIBC Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	89,798	78,814	67,877	74,957	74,955
Total Interest Income	89,798	78,814	67,877	74,957	74,955
Interest Paid on Deposits	16,396	15,504	14,532	16,362	17,757
Total Interest Expense	16,396	15,504	14,532	16,362	17,757
Net Interest Income	73,402	63,310	53,345	58,595	57,198
Net Interest Income Growth (YoY)	15.94%	18.68%	-8.96%	2.44%	14.40%
Income From Trading Activities	3,524	3,263	3,071	2,220	2,370
Gain (Loss) on Sale of Assets	28	-208	1,079	-2	-14
Gain (Loss) on Sale of Investments	859	1,311	2,205	-2,095	-4,779
Other Non-Interest Income	24,980	27,686	24,920	17,812	19,676
Total Non-Interest Income	29,391	32,052	31,275	17,935	17,253
Non-Interest Income Growth (YoY)	-8.30%	2.48%	74.38%	3.95%	-20.82%
Revenues Before Loan Losses	102,793	95,362	84,620	76,530	74,451
Provision for Loan Losses	5,194	7,992	2,276	1,312	6,149
Revenue	97,599	87,370	82,344	75,218	68,302
Revenue Growth (YoY)	11.71%	6.10%	9.47%	10.13%	3.21%
Occupancy Expenses	3,237	3,800	3,368	3,390	3,570
Other Non-Interest Expense	36,894	34,899	32,613	31,100	29,841
Total Non-Interest Expense	40,131	38,699	35,981	34,490	33,411
EBT Excluding Unusual Items	57,468	48,671	46,363	40,728	34,891
Pretax Income	57,468	48,671	46,363	40,728	34,891
Income Tax Expense	7,234	5,158	6,273	6,697	4,630
Net Income	50,234	43,513	40,090	34,031	30,261
Net Income to Common	50,234	43,513	40,090	34,031	30,261
Net Income Growth	15.45%	8.54%	17.80%	12.46%	7.85%
Basic Shares Outstanding	100	100	100	100	100
Diluted Shares Outstanding	100	100	100	100	100
Shares Change (YoY)	0.04%	0.03%	-	-0.04%	0.01%
EPS (Basic)	502.00	435.00	400.90	340.31	302.50
EPS (Diluted)	502.00	435.00	400.90	340.31	302.50
EPS Growth	15.40%	8.51%	17.80%	12.50%	7.84%
Dividend Per Share	375.000	-	275.000	225.000	200.000
Dividend Growth	-	-	22.22%	12.50%	33.33%
Effective Tax Rate	12.59%	10.60%	13.53%	16.44%	13.27%

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.