Bulgarian-American Credit Bank AD (BUL: BACB)

BUL: BACB Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	118.24	100.05	56.23	49.91	48.25	46.72
Interest Income on Investments	0.05	0.03	0.02	0.02	0.03	0.02
Total Interest Income	118.29	100.09	56.25	49.93	48.28	46.74
Interest Paid on Deposits	15.45	6.57	4.07	5.23	6.16	7.16
Net Interest Income	102.84	93.51	52.18	44.69	42.12	39.57
Net Interest Income Growth (YoY)	21.25%	79.22%	16.75%	6.12%	6.43%	11.84%
Gain (Loss) on Sale of Assets	-0.17	-0.17	14.47	-0.22	-	0.05
Gain (Loss) on Sale of Investments	0.28	0.19	0.16	0.29	0.79	0.01
Gain (Loss) on Sale of Equity Investments	-0.09	-0.13	-0.04	-0.09	-0.1	-
Other Non-Interest Income	17.02	17.25	20.48	15.83	13.66	10.95
Total Non-Interest Income	17.03	17.14	35.07	15.81	14.34	11.01
Non-Interest Income Growth (YoY)	-45.69%	-51.12%	121.84%	10.21%	30.24%	20.97%
Revenues Before Loan Losses	119.88	110.65	87.25	60.5	56.46	50.59
Provision for Loan Losses	8.43	8.41	5.55	8.61	9.48	4.87
Revenue	111.44	102.24	81.69	51.89	46.98	45.72
Revenue Growth (YoY)	1.58%	25.15%	57.44%	10.44%	2.76%	12.16%
Salaries and Employee Benefits	18.73	16.54	14.36	12.72	11.82	11.83
Occupancy Expenses	4.5	4.48	3.7	3.65	3.65	3.33
Selling, General & Administrative	22.73	18	15.92	15.22	16.26	15.98
Total Non-Interest Expense	45.97	39.02	33.97	31.59	31.72	31.13
EBT Excluding Unusual Items	65.48	63.22	47.73	20.3	15.26	14.59
Asset Writedown	-1.39	-1.39	-0.9	-0.18	-	0.27
Pretax Income	64.09	61.84	46.83	20.12	15.26	14.85
Income Tax Expense	6.48	6.21	4.68	2.04	1.54	0.54
Earnings From Continuing Operations	57.62	55.63	42.15	18.08	13.72	14.32
Earnings From Discontinued Operations	-	-	-	-0.01	-	-
Net Income	57.62	55.63	42.15	18.07	13.72	14.32
Net Income to Common	57.62	55.63	42.15	18.07	13.72	14.32
Net Income Growth	-10.22%	31.99%	133.20%	31.70%	-4.15%	14.31%
Basic Shares Outstanding	25	25	25	25	25	25
Diluted Shares Outstanding	25	25	25	25	25	25
Shares Change (YoY)	-	-	-	0.00%	-	-0.00%
EPS (Basic)	2.33	2.25	1.71	0.73	0.56	0.58
EPS (Diluted)	2.33	2.25	1.71	0.73	0.56	0.58
EPS Growth	-10.22%	31.99%	133.20%	31.70%	-4.15%	14.31%
Dividend Per Share	0.800	0.800	0.100	-	-	-
Dividend Growth	700.00%	700.00%	-	-	-	-
Effective Tax Rate	10.11%	10.04%	9.99%	10.13%	10.07%	3.61%

Source: S&P Capital IQ. Banks template. Financial Sources.