BUD:GRANIT Income Statement

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	68,041	72,339	85,629	38,038	12,922	7,814
Interest Income on Investments	32,795	30,054	37,123	19,561	1,823	1,247
Total Interest Income	100,836	102,393	122,752	57,599	14,745	9,061
Interest Paid on Deposits	55,926	55,622	63,122	25,828	4,116	2,756
Interest Paid on Borrowings	14,765	14,908	20,919	9,772	1,869	1,318
Total Interest Expense	70,691	70,530	84,041	35,600	5,985	4,074
Net Interest Income	30,145	31,863	38,711	21,999	8,760	4,987
Net Interest Income Growth (YoY)	-17.12%	-17.69%	75.97%	151.13%	75.66%	60.61%
Gain (Loss) on Sale of Assets	-	-	-	-58	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	25	-
Other Non-Interest Income	26,444	22,610	9,076	6,723	4,189	3,462
Total Non-Interest Income	26,444	22,610	9,076	6,665	4,214	3,462
Non-Interest Income Growth (YoY)	65.01%	149.12%	36.17%	58.16%	21.72%	-0.14%
Revenues Before Loan Losses	56,589	54,473	47,787	28,664	12,974	8,449
Provision for Loan Losses	1,667	1,557	959	410	245	109
Revenue	54,922	52,916	46,828	28,254	12,729	8,340
Revenue Growth (YoY)	7.28%	13.00%	65.74%	121.97%	52.63%	26.48%
Salaries and Employee Benefits	11,908	11,222	7,216	4,155	2,447	1,848
Occupancy Expenses	3,495	3,114	1,804	987	572	471
Selling, General & Administrative	13,901	11,785	8,715	5,283	3,430	2,794
Other Non-Interest Expense	3,786	3,363	4,489	4,109	1,672	1,150
Total Non-Interest Expense	33,090	29,484	22,224	14,534	8,121	6,263
EBT Excluding Unusual Items	21,832	23,432	24,604	13,720	4,608	2,077
Asset Writedown	-109	-109	-	-	-2	-6
Other Unusual Items	-	-	226	-	-	-93
Pretax Income	21,825	23,425	24,832	13,758	4,608	1,978
Income Tax Expense	2,145	2,265	3,251	1,920	699	361
Earnings From Continuing Operations	19,680	21,160	21,581	11,838	3,909	1,617
Minority Interest in Earnings	-1,940	-1,944	-1,689	-448	-16	-
Net Income	17,740	19,216	19,892	11,390	3,893	1,617
Net Income to Common	17,740	19,216	19,892	11,390	3,893	1,617
Net Income Growth	-6.22%	-3.40%	74.64%	192.58%	140.75%	45.68%
Basic Shares Outstanding	18	16	15	-	11	11
Diluted Shares Outstanding	18	16	15	-	11	11
Shares Change (YoY)	14.84%	2.41%	-	-	-0.35%	33.54%
EPS (Basic)	1003.39	1218.83	1292.11	-	347.91	144.00
EPS (Diluted)	1003.39	1218.83	1292.10	-	347.91	144.00
EPS Growth	-18.31%	-5.67%	-	-	141.60%	9.09%
Effective Tax Rate	9.83%	9.67%	13.09%	13.96%	15.17%	18.25%

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