Banco de Bogotá S.A. (BVC:BOGOTA)

Banco de Bogotá Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	13,041,818	13,349,441	8,647,453	5,818,875	12,468,354
Interest Income on Investments	1,354,283	1,032,120	645,548	351,649	848,622
Total Interest Income	14,396,101	14,381,561	9,293,001	6,170,524	13,316,976
Interest Paid on Deposits	7,176,415	7,339,640	3,386,728	1,311,092	3,612,745
Interest Paid on Borrowings	1,970,835	2,005,802	1,211,043	811,096	1,453,356
Total Interest Expense	9,147,250	9,345,442	4,597,771	2,122,188	5,066,101
Net Interest Income	5,248,851	5,036,119	4,695,230	4,048,336	8,250,875
Net Interest Income Growth (YoY)	4.22%	7.26%	15.98%	-50.93%	10.08%
Trust Income	-	-	-	156,153	170,831
Income From Trading Activities	20,205	-2,050,745	1,179,769	538,582	610,651
Gain (Loss) on Sale of Assets	125,110	363,762	199,316	1,314,819	82,300
Gain (Loss) on Sale of Investments	-	-	-	50,769	300,424
Gain (Loss) on Sale of Equity Investments	382,989	565,042	665,319	545,238	557,075
Other Non-Interest Income	1,549,935	3,445,929	-42,086	240,199	2,753,153
Total Non-Interest Income	2,078,239	2,323,988	2,002,318	3,350,339	5,642,127
Non-Interest Income Growth (YoY)	-10.57%	16.06%	-40.23%	-40.62%	-12.71%
Revenues Before Loan Losses	7,327,090	7,360,107	6,697,548	7,398,675	13,893,002
Provision for Loan Losses	2,216,613	2,296,023	1,362,386	1,679,611	4,373,658
Revenue	5,110,477	5,064,084	5,335,162	5,719,064	9,519,344
Revenue Growth (YoY)	0.92%	-5.08%	-6.71%	-39.92%	-14.94%
Salaries and Employee Benefits	1,237,069	1,193,290	1,129,390	1,058,067	2,910,192
Occupancy Expenses	299,409	288,873	302,509	285,672	715,038
Selling, General & Administrative	1,997,943	1,974,884	1,206,168	1,300,965	2,684,930
Other Non-Interest Expense	317,287	264,520	619,259	248,027	821,664
Total Non-Interest Expense	3,851,708	3,721,567	3,257,326	2,892,731	7,131,824
EBT Excluding Unusual Items	1,258,769	1,342,517	2,077,836	2,826,333	2,387,520
Asset Writedown	5,323	-45,953	-	-6,331	35,556
Other Unusual Items	-	-	13,447	-	-
Pretax Income	1,264,092	1,296,564	2,095,684	2,820,314	2,428,877
Income Tax Expense	165,844	327,630	290,214	252,594	502,354
Earnings From Continuing Operations	1,098,248	968,934	1,805,470	2,567,720	1,926,523
Earnings From Discontinued Operations	-	-	1,000,798	1,981,308	578,083
Minority Interest in Earnings	-8,050	-14,798	-1,383	-192,942	-306,698
Net Income	1,090,198	954,136	2,804,885	4,356,086	2,197,908
Net Income to Common	1,090,198	954,136	2,804,885	4,356,086	2,197,908
Net Income Growth	14.26%	-65.98%	-35.61%	98.19%	-20.55%
Basic Shares Outstanding	355	355	355	331	331
Diluted Shares Outstanding	355	355	355	331	331
Shares Change (YoY)	-	-	7.24%	-	-
EPS (Basic)	3068.81	2685.81	7895.50	13149.24	6634.58
EPS (Diluted)	3068.81	2685.81	7895.50	13149.24	6634.58
EPS Growth	14.26%	-65.98%	-39.95%	98.19%	-20.55%
Dividend Per Share	-	2992.000	-	3510.000	3984.000
Dividend Growth	-	-	-	-11.90%	7.97%
Effective Tax Rate	13.12%	25.27%	13.85%	8.96%	20.68%

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.