Arab Tunisian Bank (BVMT: ATB)

Arab Tunisian Bank Income Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	654.35	537.54	482.84	524.87	473.33
Interest Paid on Deposits	431.38	365.26	335.54	382.04	358.98
Net Interest Income	222.97	172.28	147.3	142.83	114.35
Net Interest Income Growth (YoY)	29.43%	16.96%	3.13%	24.91%	21.58%
Income From Trading Activities	17.79	24.61	22.01	18.82	22.17
Gain (Loss) on Sale of Assets	0.81	0.83	0.32	0.87	0.63
Gain (Loss) on Sale of Investments	-8.09	-11.9	-36.55	-7.32	-12.37
Other Non-Interest Income	165.27	169.05	163.79	135.89	134.22
Total Non-Interest Income	175.78	182.58	149.57	148.26	144.65
Non-Interest Income Growth (YoY)	-3.73%	22.07%	0.88%	2.50%	3.41%
Revenues Before Loan Losses	398.75	354.86	296.87	291.09	259
Provision for Loan Losses	128.51	76.73	114.23	68.67	54.79
Revenue	270.23	278.13	182.64	222.42	204.22
Revenue Growth (YoY)	-2.84%	52.28%	-17.89%	8.92%	15.30%
Salaries and Employee Benefits	146.41	134.67	127.36	115.3	110.31
Occupancy Expenses	20.5	16	20.59	16.29	17.38
Other Non-Interest Expense	82.69	84.06	74.39	65.53	63.72
Total Non-Interest Expense	248.79	234.21	221.66	196.68	190.83
EBT Excluding Unusual Items	21.44	43.92	-39.02	25.75	13.39
Other Unusual Items	-3.84	-1.68	-14.65	-3.28	-1.26
Pretax Income	17.61	42.24	-53.66	22.47	12.13
Income Tax Expense	5.36	2.53	2	4.91	2.98
Earnings From Continuing Operations	12.25	39.71	-55.67	17.56	9.15
Minority Interest in Earnings	-12.41	-10.11	-5.77	-5.1	-0.33
Net Income	-0.16	29.6	-61.44	12.46	8.82
Net Income to Common	-0.16	29.6	-61.44	12.46	8.82
Net Income Growth	-	-	-	41.30%	-8.92%
Basic Shares Outstanding	132	128	100	100	100
Diluted Shares Outstanding	132	128	100	100	100
Shares Change (YoY)	2.75%	28.07%	-0.41%	0.47%	-
EPS (Basic)	-0.00	0.23	-0.61	0.12	0.09
EPS (Diluted)	-0.00	0.23	-0.61	0.12	0.09
EPS Growth	-	-	-	40.64%	-8.92%
Effective Tax Rate	30.43%	6.00%	-	21.85%	24.57%

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