Absa Bank Botswana Limited (BSM:ABBL)

Absa Bank Botswana Income Statement

Financials in millions BWP. 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	2,142	2,035	1,628	1,371	1,343
Interest Paid on Deposits	623.43	634.11	441.3	322.37	287.66
Net Interest Income	1,518	1,400	1,187	1,048	1,055
Net Interest Income Growth (YoY)	8.40%	18.00%	13.20%	-0.63%	-0.52%
Income From Trading Activities	224.29	216.63	213.58	164.51	138.63
Gain (Loss) on Sale of Assets	0.25	7.7	0.57	0.3	0.05
Other Non-Interest Income	537.39	481.47	454.69	435.99	381.91
Total Non-Interest Income	761.93	705.8	668.84	600.8	520.59
Non-Interest Income Growth (YoY)	7.95%	5.53%	11.33%	15.41%	-8.88%
Revenues Before Loan Losses	2,280	2,106	1,856	1,649	1,576
Provision for Loan Losses	89.45	76.56	10.42	79.48	263.24
Revenue	2,191	2,030	1,845	1,570	1,312
Revenue Growth (YoY)	7.93%	10.00%	17.55%	19.61%	-17.87%
Salaries and Employee Benefits	459.14	533.33	480.67	442.95	477.4
Occupancy Expenses	140.3	146.56	120.09	136.27	119.51
Selling, General & Administrative	535.38	437.4	384.16	331.21	351.5
Total Non-Interest Expense	1,135	1,117	984.92	910.42	948.41
EBT Excluding Unusual Items	1,056	912.37	860.25	659.31	363.94
Pretax Income	1,058	830.64	862.69	659.31	363.94
Income Tax Expense	216.47	206.07	203.81	156.72	67.2
Net Income	841.33	624.57	658.88	502.59	296.75
Net Income to Common	841.33	624.57	658.88	502.59	296.75
Net Income Growth	34.71%	-5.21%	31.10%	69.37%	-43.00%
Basic Shares Outstanding	852	852	852	852	852
Diluted Shares Outstanding	852	852	852	852	852
EPS (Basic)	0.99	0.73	0.77	0.59	0.35
EPS (Diluted)	0.99	0.73	0.77	0.59	0.35
EPS Growth	34.71%	-5.21%	31.10%	69.37%	-43.00%
Dividend Per Share	0.766	0.584	0.521	0.374	0.178
Dividend Growth	31.11%	12.17%	39.17%	110.29%	-53.05%
Effective Tax Rate	20.46%	24.81%	23.63%	23.77%	18.46%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.