Caja Rural de Ahorro y Crédito Los Andes S.A. (BVL:CRANDEC1)

BVL:CRANDEC1 Income Statement

Financials in millions PEN. 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	172.36	158.09	133.77	99.7	109.18
Total Interest Income	172.36	158.09	133.77	99.7	109.18
Interest Paid on Deposits	42.04	38.65	25.01	18.43	22.74
Total Interest Expense	42.04	38.65	25.01	18.43	22.74
Net Interest Income	130.33	119.44	108.76	81.28	86.44
Net Interest Income Growth (YoY)	9.12%	9.82%	33.82%	-5.97%	-21.98%
Gain (Loss) on Sale of Assets	0.62	1.66	1.11	0.36	0.18
Gain (Loss) on Sale of Investments	-0.12	-	-	-	-0.76
Other Non-Interest Income	3.67	2.71	0.82	-0.9	-2.09
Total Non-Interest Income	4.17	4.36	1.93	-0.54	-2.67
Non-Interest Income Growth (YoY)	-4.43%	125.91%	-	-	-
Revenues Before Loan Losses	134.5	123.8	110.69	80.74	83.76
Provision for Loan Losses	47.47	38.65	26.96	17.5	46.84
Revenue	87.03	85.15	83.73	63.24	36.93
Revenue Growth (YoY)	2.20%	1.69%	32.41%	71.24%	-43.63%
Occupancy Expenses	2.33	2.38	2.34	3.24	3.89
Selling, General & Administrative	82.99	74.05	75.14	67.68	60.97
Other Non-Interest Expense	4.09	5.55	2.78	5.32	-0.85
Total Non-Interest Expense	89.43	81.9	80.14	76.23	64
EBT Excluding Unusual Items	-2.41	3.25	3.6	-12.99	-27.07
Legal Settlements	-0.16	-0.09	-0.17	-0.42	-0.01
Pretax Income	-2.5	3.17	3.61	-13.41	-27.08
Income Tax Expense	1.96	2.14	1.1	-3.74	-7.56
Net Income	-4.45	1.02	2.51	-9.67	-19.52
Net Income to Common	-4.45	1.02	2.51	-9.67	-19.52
Net Income Growth	-	-59.39%	-	-	-
Basic Shares Outstanding	74	74	74	74	74
Diluted Shares Outstanding	74	74	74	74	74
Shares Change (YoY)	-	-	-	-	32.68%
EPS (Basic)	-0.06	0.01	0.03	-0.13	-0.26
EPS (Diluted)	-0.06	0.01	0.03	-0.13	-0.26
EPS Growth	-	-59.39%	-	-	-
Effective Tax Rate	-	67.74%	30.34%	-	-

Source: S&P Global Market Intelligence. Banks template. Financial Sources.