Banco de Bogotá S.A. (BVC: BOGOTA)

Banco de Bogotá 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	13,547,767	13,349,441	8,647,453	5,818,875	12,468,354	11,753,738
Interest Income on Investments	1,032,120	1,032,120	645,548	351,649	848,622	621,483
Total Interest Income	14,579,887	14,381,561	9,293,001	6,170,524	13,316,976	12,375,221
Interest Paid on Deposits	7,473,059	7,339,640	3,386,728	1,311,092	3,612,745	3,480,077
Interest Paid on Borrowings	2,005,802	2,005,802	1,211,043	811,096	1,453,356	1,399,436
Total Interest Expense	9,478,861	9,345,442	4,597,771	2,122,188	5,066,101	4,879,513
Net Interest Income	5,101,026	5,036,119	4,695,230	4,048,336	8,250,875	7,495,708
Net Interest Income Growth (YoY)	0.38%	7.26%	15.98%	-50.93%	10.07%	9.16%
Trust Income	-	-	-	156,153	170,831	178,262
Income From Trading Activities	-279,552	-2,050,745	1,179,769	538,582	610,651	495,343
Gain (Loss) on Sale of Assets	168,431	294,749	199,316	1,314,819	82,300	16,334
Gain (Loss) on Sale of Investments	76,232	69,012	-	50,769	300,424	120,825
Gain (Loss) on Sale of Equity Investments	465,589	565,042	665,319	545,238	557,075	524,353
Other Non-Interest Income	1,790,989	3,437,120	-42,086	240,199	2,753,153	3,903,806
Total Non-Interest Income	2,221,689	2,315,178	2,002,318	3,350,339	5,642,127	6,463,659
Non-Interest Income Growth (YoY)	14.94%	15.62%	-40.24%	-40.62%	-12.71%	5.61%
Revenues Before Loan Losses	7,322,715	7,351,297	6,697,548	7,398,675	13,893,002	13,959,367
Provision for Loan Losses	2,404,087	2,296,023	1,362,386	1,679,611	4,373,658	2,767,817
Revenue	4,918,628	5,055,274	5,335,162	5,719,064	9,519,344	11,191,550
Revenue Growth (YoY)	-1.60%	-5.25%	-6.71%	-39.92%	-14.94%	7.86%
Salaries and Employee Benefits	1,199,981	1,193,290	1,129,390	1,058,067	2,910,192	2,786,659
Occupancy Expenses	278,445	288,873	302,509	285,672	715,038	632,380
Selling, General & Administrative	1,480,054	1,447,922	1,206,168	1,300,965	2,684,930	3,415,915
Other Non-Interest Expense	830,359	791,482	619,259	248,027	821,664	283,898
Total Non-Interest Expense	3,796,347	3,721,567	3,257,326	2,892,731	7,131,824	7,118,852
EBT Excluding Unusual Items	1,122,281	1,333,707	2,077,836	2,826,333	2,387,520	4,072,698
Asset Writedown	4,274	-45,953	-	-6,331	35,556	-
Other Unusual Items	6,804	6,804	13,447	-	-	-
Pretax Income	1,135,365	1,296,564	2,095,684	2,820,314	2,428,877	4,072,698
Income Tax Expense	306,540	327,630	290,214	252,594	502,354	999,041
Earnings From Continuing Operations	828,825	968,934	1,805,470	2,567,720	1,926,523	3,073,657
Earnings From Discontinued Operations	-	-	1,000,798	1,981,308	578,083	-
Minority Interest in Earnings	-9,370	-14,798	-1,383	-192,942	-306,698	-307,207
Net Income	819,455	954,136	2,804,885	4,356,086	2,197,908	2,766,450
Net Income to Common	819,455	954,136	2,804,885	4,356,086	2,197,908	2,766,450
Net Income Growth	130.34%	-65.98%	-35.61%	98.19%	-20.55%	-5.82%
Basic Shares Outstanding	355	355	355	331	331	331
Diluted Shares Outstanding	355	355	355	331	331	331
Shares Change (YoY)	-3.21%	-	7.24%	-	-	-
EPS (Basic)	2306.69	2685.81	7895.50	13149.24	6634.58	8350.78
EPS (Diluted)	2306.69	2685.81	7895.50	13149.24	6634.58	8350.78
EPS Growth	137.98%	-65.98%	-39.95%	98.19%	-20.55%	-5.82%
Dividend Per Share	1369.000	2992.000	-	3510.000	3984.000	3690.000
Dividend Growth	-41.72%	-	-	-11.90%	7.97%	14.95%
Effective Tax Rate	27.00%	25.27%	13.85%	8.96%	20.68%	24.53%

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