Crédit du Maroc Income Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	3,276	3,147	2,821	2,336	2,243	2,283
Interest Paid on Deposits	651.32	718.94	595.23	339.95	288.13	423.53
Net Interest Income	2,625	2,428	2,226	1,996	1,955	1,860
Net Interest Income Growth (YoY)	12.24%	9.09%	11.49%	2.11%	5.14%	0.33%
Income From Trading Activities	514.09	487.07	343.38	263.64	199.8	201.13
Gain (Loss) on Sale of Assets	7.9	-6.14	-4.43	-15.42	-3.87	-0.06
Other Non-Interest Income	403.49	388.01	357.66	308.65	305.05	320.58
Total Non-Interest Income	925.48	868.94	696.61	556.87	500.98	521.65
Non-Interest Income Growth (YoY)	11.36%	24.74%	25.09%	11.16%	-3.96%	-10.48%
Revenues Before Loan Losses	3,550	3,297	2,922	2,553	2,456	2,381
Provision for Loan Losses	338.93	398.41	445.29	309.94	63.51	721.67
Revenue	3,211	2,899	2,477	2,243	2,393	1,660
Revenue Growth (YoY)	17.55%	17.01%	10.43%	-6.24%	44.17%	-21.53%
Occupancy Expenses	282.55	259.7	232.91	190.27	178.15	149.9
Selling, General & Administrative	3.47	3.47	6.1	19.21	13.56	3.91
Other Non-Interest Expense	1,387	1,342	1,360	1,291	1,143	1,166
Total Non-Interest Expense	1,673	1,605	1,599	1,500	1,335	1,320
EBT Excluding Unusual Items	1,538	1,294	878.31	743.21	1,058	339.56
Pretax Income	1,538	1,294	878.31	743.21	1,058	339.56
Income Tax Expense	682.11	552.59	380.08	345.11	426.26	144.03
Earnings From Continuing Operations	855.55	740.95	498.23	398.1	631.36	195.53
Minority Interest in Earnings	-	-	4.86	6.19	-3.97	-5.22
Net Income	855.55	740.95	503.09	404.29	627.39	190.32
Net Income to Common	855.55	740.95	503.09	404.29	627.39	190.32
Net Income Growth	35.26%	47.28%	24.44%	-35.56%	229.66%	-62.60%
Basic Shares Outstanding	11	11	11	11	11	11
Diluted Shares Outstanding	11	11	11	11	11	11
Shares Change (YoY)	0.00%	-0.00%	-0.00%	0.02%	-0.01%	0.00%
EPS (Basic)	78.62	68.09	46.23	37.15	57.66	17.49
EPS (Diluted)	78.62	68.09	46.23	37.15	57.66	17.49
EPS Growth	35.25%	47.28%	24.44%	-35.57%	229.67%	-62.60%
Dividend Per Share	-	41.700	34.200	27.000	25.900	4.550
Dividend Growth	-	21.93%	26.67%	4.25%	469.23%	-75.67%
Effective Tax Rate	44.36%	42.72%	43.27%	46.43%	40.30%	42.42%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.