BUD:GRANIT Income Statement

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	104,600	72,339	85,629	38,038	12,922
Interest Income on Investments	-	30,054	37,123	19,561	1,823
Total Interest Income	104,600	102,393	122,752	57,599	14,745
Interest Paid on Deposits	72,600	55,622	63,122	25,828	4,116
Interest Paid on Borrowings	-	14,908	20,919	9,772	1,869
Total Interest Expense	72,600	70,530	84,041	35,600	5,985
Net Interest Income	32,000	31,863	38,711	21,999	8,760
Net Interest Income Growth (YoY)	0.43%	-17.69%	75.97%	151.13%	75.66%
Gain (Loss) on Sale of Assets	-	-	-	-58	-
Gain (Loss) on Sale of Investments	-	-	-	-	25
Other Non-Interest Income	24,300	22,610	9,076	6,723	4,189
Total Non-Interest Income	24,300	22,610	9,076	6,665	4,214
Non-Interest Income Growth (YoY)	7.47%	149.12%	36.17%	58.16%	21.72%
Revenues Before Loan Losses	56,300	54,473	47,787	28,664	12,974
Provision for Loan Losses	1,700	1,557	959	410	245
Revenue	54,600	52,916	46,828	28,254	12,729
Revenue Growth (YoY)	3.18%	13.00%	65.74%	121.97%	52.63%
Salaries and Employee Benefits	-	11,222	7,216	4,155	2,447
Occupancy Expenses	-	3,114	1,804	987	572
Selling, General & Administrative	-	11,785	8,715	5,283	3,430
Other Non-Interest Expense	32,100	3,363	4,489	4,109	1,672
Total Non-Interest Expense	32,100	29,484	22,224	14,534	8,121
EBT Excluding Unusual Items	22,500	23,432	24,604	13,720	4,608
Asset Writedown	-	-109	-	-	-2
Other Unusual Items	-	-	226	-	-
Pretax Income	22,500	23,425	24,832	13,758	4,608
Income Tax Expense	3,400	2,265	3,251	1,920	699
Earnings From Continuing Operations	19,100	21,160	21,581	11,838	3,909
Minority Interest in Earnings	-1,900	-1,944	-1,689	-448	-16
Net Income	17,200	19,216	19,892	11,390	3,893
Net Income to Common	17,200	19,216	19,892	11,390	3,893
Net Income Growth	-10.49%	-3.40%	74.64%	192.58%	140.75%
Basic Shares Outstanding	-	16	15	-	11
Diluted Shares Outstanding	-	16	15	-	11
Shares Change (YoY)	-	2.41%	-	-	-0.35%
EPS (Basic)	-	1218.83	1292.11	-	347.91
EPS (Diluted)	-	1218.83	1292.10	-	347.91
EPS Growth	-	-5.67%	-	-	141.60%
Effective Tax Rate	15.11%	9.67%	13.09%	13.96%	15.17%

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