BVC: BBVACOL Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Interest Income on Loans	9,932,343	9,727,722	6,884,123	4,646,921	5,053,726	4,009,079	Upgrade
Interest Income on Investments	-	-	-	-	-	1,101,454	Upgrade
Total Interest Income	9,932,343	9,727,722	6,884,123	4,646,921	5,053,726	5,110,533	Upgrade
Interest Paid on Deposits	6,379,214	6,483,201	3,052,454	1,296,605	1,791,929	1,881,597	Upgrade
Interest Paid on Borrowings	654,042	562,721	251,446	85,606	105,681	111,435	Upgrade
Total Interest Expense	7,033,256	7,045,922	3,303,900	1,382,211	1,897,610	1,993,032	Upgrade
Net Interest Income	2,899,087	2,681,800	3,580,223	3,264,710	3,156,116	3,117,501	Upgrade
Net Interest Income Growth (YoY)	1.97%	-25.09%	9.66%	3.44%	1.24%	17.09%	Upgrade
Gain (Loss) on Sale of Assets	23,601	-16,808	-38,805	-29,501	-30,794	-14,701	Upgrade
Gain (Loss) on Sale of Investments	6,137	6,661	76,103	138,183	272,941	309,612	Upgrade
Other Non-Interest Income	1,706,210	2,354,130	204,688	77,259	624,697	65,308	Upgrade
Total Non-Interest Income	1,735,948	2,343,983	241,986	185,941	866,844	360,219	Upgrade
Non-Interest Income Growth (YoY)	-14.08%	868.64%	30.14%	-78.55%	140.64%	-95.57%	Upgrade
Revenues Before Loan Losses	4,635,035	5,025,783	3,822,209	3,450,651	4,022,960	3,477,720	Upgrade
Provision for Loan Losses	2,614,831	1,649,576	1,446,561	1,183,984	1,501,441	952,836	Upgrade
Revenue	2,020,204	3,376,207	2,375,648	2,266,667	2,521,519	2,524,884	Upgrade
Revenue Growth (YoY)	-36.66%	42.12%	4.81%	-10.11%	-0.13%	-73.97%	Upgrade
Salaries and Employee Benefits	53,932	-	-	-	-	-	Upgrade
Occupancy Expenses	41,835	-	-	-	-	-	Upgrade
Selling, General & Administrative	142,965	131,330	137,710	26,912	24,258	32,015	Upgrade
Other Non-Interest Expense	2,068,877	2,837,402	693,053	904,594	1,793,731	1,421,964	Upgrade
Total Non-Interest Expense	2,323,618	2,965,984	796,795	930,626	1,816,391	1,452,659	Upgrade
EBT Excluding Unusual Items	-303,414	410,223	1,578,853	1,336,041	705,128	1,072,225	Upgrade
Asset Writedown	5,975	5,975	1,532	-83	-1,397	-4,731	Upgrade
Pretax Income	-297,439	416,198	1,580,385	1,335,958	703,731	1,067,494	Upgrade
Income Tax Expense	-60,867	169,770	552,719	444,159	240,141	337,712	Upgrade
Earnings From Continuing Operations	-236,572	246,428	1,027,666	891,799	463,590	729,782	Upgrade
Minority Interest in Earnings	-3,305	-2,572	-1,391	-1,559	-2,185	-1,999	Upgrade
Net Income	-239,877	243,856	1,026,275	890,240	461,405	727,783	Upgrade
Net Income to Common	-239,877	243,856	1,026,275	890,240	461,405	727,783	Upgrade
Net Income Growth	-	-76.24%	15.28%	92.94%	-36.60%	29.12%	Upgrade
Basic Shares Outstanding	16,939	14,388	14,388	14,388	14,388	14,388	Upgrade
Diluted Shares Outstanding	16,939	14,388	14,388	14,388	14,388	14,388	Upgrade
Shares Change (YoY)	17.73%	-	-	-	-	-	Upgrade
EPS (Basic)	-14.16	16.95	71.33	61.88	32.07	50.58	Upgrade
EPS (Diluted)	-14.16	16.95	71.00	61.88	32.07	50.58	Upgrade
EPS Growth	-	-76.13%	14.75%	92.94%	-36.60%	29.70%	Upgrade
Dividend Per Share	-	-	32.440	31.000	16.320	24.960	Upgrade
Dividend Growth	-	-	4.65%	89.95%	-34.62%	30.75%	Upgrade
Effective Tax Rate	-	40.79%	34.97%	33.25%	34.12%	31.64%	Upgrade

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