Attijariwafa bank SA (CBSE: ATW)

Attijariwafa bank Income Statement

Financials in millions MAD. 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	29,391	26,900	23,044	22,320	22,512	21,901
Interest Income on Investments	254.64	210.49	204.42	111.26	157.17	165.37
Total Interest Income	29,646	27,110	23,249	22,431	22,669	22,067
Interest Paid on Deposits	9,778	8,466	6,725	6,150	6,727	6,965
Net Interest Income	19,868	18,644	16,524	16,282	15,942	15,102
Net Interest Income Growth (YoY)	3.64%	12.83%	1.49%	2.13%	5.56%	7.91%
Income From Trading Activities	5,188	3,857	2,297	2,871	2,391	3,026
Gain (Loss) on Sale of Assets	182.34	1.13	-76.36	-41.63	-70.72	30.73
Gain (Loss) on Sale of Investments	135.93	135.93	101.23	552.5	427.63	465.91
Other Non-Interest Income	7,637	7,306	7,014	4,674	5,097	4,878
Total Non-Interest Income	13,142	11,300	9,336	8,056	7,845	8,401
Non-Interest Income Growth (YoY)	32.11%	21.04%	15.88%	2.69%	-6.62%	-0.32%
Revenues Before Loan Losses	33,010	29,944	25,859	24,338	23,787	23,504
Provision for Loan Losses	4,353	3,982	3,188	3,607	5,454	1,589
Revenue	28,658	25,962	22,671	20,731	18,333	21,914
Revenue Growth (YoY)	11.93%	14.51%	9.36%	13.08%	-16.34%	5.87%
Occupancy Expenses	1,436	1,384	1,456	1,438	1,523	1,495
Other Non-Interest Expense	10,855	10,801	9,680	9,858	10,618	9,679
Total Non-Interest Expense	12,279	12,175	11,130	11,308	12,157	11,161
EBT Excluding Unusual Items	16,379	13,787	11,542	9,423	6,176	10,753
Asset Writedown	-4.98	-4.98	2.28	6.95	-93.66	-48.77
Pretax Income	16,374	13,782	11,544	9,430	6,082	10,705
Income Tax Expense	5,755	4,718	3,986	3,274	2,377	3,754
Earnings From Continuing Operations	10,619	9,063	7,558	6,157	3,705	6,951
Minority Interest in Earnings	-1,716	-1,556	-1,456	-1,012	-687.03	-1,135
Net Income	8,903	7,508	6,103	5,144	3,018	5,816
Net Income to Common	8,903	7,508	6,103	5,144	3,018	5,816
Net Income Growth	21.73%	23.02%	18.62%	70.46%	-48.11%	1.93%
Basic Shares Outstanding	202	215	215	215	210	210
Diluted Shares Outstanding	202	215	215	215	210	210
Shares Change (YoY)	-6.14%	0.00%	-0.02%	2.52%	-0.01%	0.01%
EPS (Basic)	44.09	34.90	28.37	23.91	14.38	27.71
EPS (Diluted)	44.09	34.90	28.37	23.91	14.38	27.71
EPS Growth	29.69%	23.02%	18.65%	66.27%	-48.11%	1.91%
Dividend Per Share	-	16.500	15.500	15.000	11.000	13.500
Dividend Growth	-	6.45%	3.33%	36.36%	-18.52%	3.85%
Effective Tax Rate	35.15%	34.23%	34.53%	34.71%	39.08%	35.06%

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