Banco Bilbao Vizcaya Argentaria Colombia S.A. (BVC: BBVACOL)

BBVACOL Income Statement

Financials in millions COP. 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	9,932,343	9,727,722	6,884,123	4,646,921	5,053,726	4,009,079
Interest Income on Investments	-	-	-	-	-	1,101,454
Total Interest Income	9,932,343	9,727,722	6,884,123	4,646,921	5,053,726	5,110,533
Interest Paid on Deposits	6,145,642	6,483,201	3,052,454	1,296,605	1,791,929	1,881,597
Interest Paid on Borrowings	887,614	562,721	251,446	85,606	105,681	111,435
Total Interest Expense	7,033,256	7,045,922	3,303,900	1,382,211	1,897,610	1,993,032
Net Interest Income	2,899,087	2,681,800	3,580,223	3,264,710	3,156,116	3,117,501
Net Interest Income Growth (YoY)	1.97%	-25.09%	9.66%	3.44%	1.24%	17.09%
Gain (Loss) on Sale of Assets	53,367	-16,808	-38,805	-29,501	-30,794	-14,701
Gain (Loss) on Sale of Investments	-388,548	6,661	76,103	138,183	272,941	309,612
Other Non-Interest Income	2,445,700	2,354,130	204,688	77,259	624,697	65,308
Total Non-Interest Income	2,110,519	2,343,983	241,986	185,941	866,844	360,219
Non-Interest Income Growth (YoY)	14.65%	868.64%	30.14%	-78.55%	140.64%	-95.57%
Revenues Before Loan Losses	5,009,606	5,025,783	3,822,209	3,450,651	4,022,960	3,477,720
Provision for Loan Losses	2,619,368	1,649,576	1,446,561	1,183,984	1,501,441	952,836
Revenue	2,390,238	3,376,207	2,375,648	2,266,667	2,521,519	2,524,884
Revenue Growth (YoY)	-20.71%	42.12%	4.81%	-10.11%	-0.13%	-73.97%
Salaries and Employee Benefits	-688,097	-	-	-	-	-
Occupancy Expenses	-139,098	-	-	-	-	-
Selling, General & Administrative	147	131,330	137,710	26,912	24,258	32,015
Other Non-Interest Expense	3,502,459	2,837,402	693,053	904,594	1,793,731	1,421,964
Total Non-Interest Expense	2,693,652	2,965,984	796,795	930,626	1,816,391	1,452,659
EBT Excluding Unusual Items	-303,414	410,223	1,578,853	1,336,041	705,128	1,072,225
Asset Writedown	5,975	5,975	1,532	-83	-1,397	-4,731
Pretax Income	-297,439	416,198	1,580,385	1,335,958	703,731	1,067,494
Income Tax Expense	-60,867	169,770	552,719	444,159	240,141	337,712
Earnings From Continuing Operations	-236,572	246,428	1,027,666	891,799	463,590	729,782
Minority Interest in Earnings	-3,305	-2,572	-1,391	-1,559	-2,185	-1,999
Net Income	-239,877	243,856	1,026,275	890,240	461,405	727,783
Net Income to Common	-239,877	243,856	1,026,275	890,240	461,405	727,783
Net Income Growth	-	-76.24%	15.28%	92.94%	-36.60%	29.12%
Basic Shares Outstanding	-	14,388	14,388	14,388	14,388	14,388
Diluted Shares Outstanding	-	14,388	14,388	14,388	14,388	14,388
EPS (Basic)	-	16.95	71.33	61.88	32.07	50.58
EPS (Diluted)	-	16.95	71.00	61.88	32.07	50.58
EPS Growth	-	-76.13%	14.75%	92.94%	-36.60%	29.70%
Dividend Per Share	-	-	32.440	31.000	16.320	24.960
Dividend Growth	-	-	4.65%	89.95%	-34.62%	30.75%
Effective Tax Rate	-	40.79%	34.97%	33.25%	34.12%	31.64%

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