BAC Holding International Corp. (BVC:BHI)

BAC Holding International Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,820	2,732	2,306	1,881	1,692	1,769
Interest Income on Investments	366.63	366.91	327.1	209.52	175.46	158.02
Total Interest Income	3,187	3,099	2,633	2,090	1,868	1,927
Interest Paid on Deposits	831.16	790.64	613.54	459.28	470.39	511
Interest Paid on Borrowings	357.04	350.48	301.27	179.15	136.9	156.93
Total Interest Expense	1,188	1,141	914.81	638.43	607.29	667.93
Net Interest Income	1,998	1,958	1,718	1,452	1,260	1,259
Net Interest Income Growth (YoY)	12.26%	13.96%	18.35%	15.21%	0.08%	-3.01%
Gain (Loss) on Sale of Assets	-	-	-	-0.85	-0.23	4.19
Gain (Loss) on Sale of Investments	1.1	-1.77	13.96	5.18	-4.44	-15.6
Other Non-Interest Income	1,214	1,156	956.76	869.91	878.46	819.64
Total Non-Interest Income	1,215	1,154	970.72	874.23	873.8	808.22
Non-Interest Income Growth (YoY)	16.63%	18.91%	11.04%	0.05%	8.11%	-4.02%
Revenues Before Loan Losses	3,213	3,113	2,689	2,326	2,134	2,068
Provision for Loan Losses	549.11	516.84	386.74	346.31	346.98	454.57
Revenue	2,664	2,596	2,302	1,980	1,787	1,613
Revenue Growth (YoY)	10.91%	12.74%	16.29%	10.79%	10.80%	-8.29%
Salaries and Employee Benefits	721.2	711.9	651.88	543.18	501.77	519.54
Occupancy Expenses	147.77	145.63	132.39	115.48	117.43	127.57
Selling, General & Administrative	271.58	270.99	247.71	226.55	188.83	148.43
Other Non-Interest Expense	604.37	580.93	519.13	453.24	399.57	380.26
Total Non-Interest Expense	1,745	1,709	1,551	1,338	1,208	1,176
EBT Excluding Unusual Items	918.92	886.31	751.29	641.47	579.51	437.16
Pretax Income	918.92	886.31	751.29	641.47	579.51	437.16
Income Tax Expense	230.38	221.33	197.74	206.26	148.52	131.77
Earnings From Continuing Operations	688.54	664.98	553.54	435.21	430.99	305.39
Earnings From Discontinued Operations	-	-	-	-	17.33	5.51
Minority Interest in Earnings	-0.07	-0.07	-0.07	-0.06	-0.05	-0.06
Net Income	688.47	664.91	553.47	435.15	448.27	310.84
Net Income to Common	688.47	664.91	553.47	435.15	448.27	310.84
Net Income Growth	13.55%	20.13%	27.19%	-2.93%	44.21%	-22.66%
Basic Shares Outstanding	43,220	43,220	43,220	43,220	43,284	43,284
Diluted Shares Outstanding	43,334	43,334	43,403	43,531	43,284	43,284
Shares Change (YoY)	0.08%	-0.16%	-0.29%	0.57%	-	55791.24%
EPS (Basic)	0.02	0.02	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	14.22%	21.33%	27.12%	-7.63%	-11.06%	-99.86%
Dividend Per Share	-	-	0.002	0.008	-	-
Dividend Growth	-	-	-76.17%	-	-	-
Effective Tax Rate	25.07%	24.97%	26.32%	32.15%	25.63%	30.14%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.