Union Internationale de Banques Société anonyme (BVMT: UIB)

UIB Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	666.6	642.17	540.85	489.19	499.04	525.19
Interest Income on Investments	32.26	29.36	26.96	23.27	16.34	10.99
Total Interest Income	698.86	671.53	567.81	512.47	515.39	536.18
Interest Paid on Deposits	355.36	338.67	263.82	236.69	254.4	277.69
Net Interest Income	343.5	332.87	303.99	275.78	260.99	258.49
Net Interest Income Growth (YoY)	6.93%	9.50%	10.23%	5.67%	0.97%	17.63%
Income From Trading Activities	38.06	37.36	37.24	26.49	24.66	36.28
Gain (Loss) on Sale of Investments	-2.54	-1.28	-0.09	0.1	-0.52	-0.07
Other Non-Interest Income	152.57	152.76	152.02	142.15	117.37	124.89
Total Non-Interest Income	188.08	188.83	189.17	168.74	141.51	161.11
Non-Interest Income Growth (YoY)	-2.49%	-0.18%	12.11%	19.24%	-12.16%	12.93%
Revenues Before Loan Losses	531.58	521.7	493.15	444.51	402.5	419.6
Provision for Loan Losses	51.43	47.74	35.52	43.87	67.86	43.16
Revenue	480.15	473.96	457.64	400.64	334.64	376.44
Revenue Growth (YoY)	3.50%	3.57%	14.23%	19.72%	-11.11%	10.40%
Salaries and Employee Benefits	194.78	189.71	175.34	177.94	144.9	133.71
Occupancy Expenses	12.39	11.41	12.65	12.58	12.45	11.42
Selling, General & Administrative	8.13	8.13	8.01	7.56	6.44	5.22
Other Non-Interest Expense	76.27	50.46	45.49	42.45	40.02	42.35
Total Non-Interest Expense	291.57	259.7	241.55	241.89	204	192.7
EBT Excluding Unusual Items	188.59	214.26	216.09	158.76	130.64	183.75
Legal Settlements	-0.6	-0.6	-0.44	-0.4	-0.41	-0.28
Other Unusual Items	-14.45	-14.45	-6.39	-9.95	-17.34	-
Pretax Income	173.54	199.21	209.25	148.4	112.89	183.47
Income Tax Expense	72.98	74.14	76.39	65.51	47.69	67.23
Earnings From Continuing Operations	100.56	125.08	132.87	82.9	65.2	116.24
Minority Interest in Earnings	-0.09	-0.09	-0.33	-0.12	-0.03	0.07
Net Income	100.47	124.98	132.54	82.78	65.17	116.31
Net Income to Common	100.47	124.98	132.54	82.78	65.17	116.31
Net Income Growth	-18.39%	-5.70%	60.11%	27.02%	-43.97%	6.36%
Basic Shares Outstanding	35	35	35	35	35	35
Diluted Shares Outstanding	35	35	35	35	35	35
Shares Change (YoY)	-0.02%	-	-	-	-	-
EPS (Basic)	2.91	3.62	3.84	2.40	1.89	3.37
EPS (Diluted)	2.91	3.62	3.84	2.40	1.89	3.37
EPS Growth	-18.38%	-5.70%	60.11%	27.02%	-43.97%	6.36%
Dividend Per Share	-	-	1.250	0.700	-	-
Dividend Growth	-	-	78.57%	-	-	-
Effective Tax Rate	42.05%	37.21%	36.51%	44.14%	42.24%	36.64%

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