CCSE:ABC.A Income Statement

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

Millions VES. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	559.47	571.09	89.39	14.51	4.61
Interest Income on Investments	42.62	27.33	18.95	1.13	0.07
Total Interest Income	602.09	598.43	108.34	15.64	4.68
Interest Paid on Deposits	125.72	103.64	14.75	4.07	0.29
Interest Paid on Borrowings	159.04	129.35	13.12	3.57	0.72
Total Interest Expense	284.76	232.98	27.86	7.64	1.01
Net Interest Income	317.33	365.44	80.48	8	3.67
Net Interest Income Growth (YoY)	-13.17%	354.10%	906.01%	118.13%	2297.50%
Gain (Loss) on Sale of Investments	0.14	0.01	0.02	7.91	0
Gain (Loss) on Sale of Equity Investments	201.15	183.33	35.2	33.43	1.78
Other Non-Interest Income	1,473	787.01	157.01	37.31	2.09
Total Non-Interest Income	1,675	970.35	192.23	78.65	3.87
Non-Interest Income Growth (YoY)	72.59%	404.79%	144.41%	1932.45%	3274.39%
Revenues Before Loan Losses	1,992	1,336	272.7	86.65	7.54
Provision for Loan Losses	34.44	29.89	4.06	0.01	0.28
Revenue	1,958	1,306	268.64	86.64	7.26
Revenue Growth (YoY)	49.91%	386.11%	210.05%	1093.39%	2646.56%
Salaries and Employee Benefits	540.4	346.28	47.81	20.21	1.77
Federal Deposit Insurance	22.94	6.95	1.5	0.37	0.03
Selling, General & Administrative	948.19	554.28	109.31	39.41	2.93
Other Non-Interest Expense	367.76	193.27	29.69	23.77	0.84
Total Non-Interest Expense	1,886	1,103	188.73	84.05	5.17
EBT Excluding Unusual Items	72.02	202.74	79.92	2.6	2.09
Other Unusual Items	72.1	13.41	0.77	5.03	-0.01
Pretax Income	144.12	216.15	80.69	7.63	2.09
Income Tax Expense	6.15	5.94	14.97	-	-
Net Income	137.97	210.21	65.72	7.63	2.09
Net Income to Common	137.97	210.21	65.72	7.63	2.09
Net Income Growth	-34.37%	219.88%	761.62%	265.16%	8781.42%
Basic Shares Outstanding	166	159	134	134	149
Diluted Shares Outstanding	166	159	134	134	149
Shares Change (YoY)	4.39%	18.62%	0.66%	-10.28%	-2.65%
EPS (Basic)	0.83	1.32	0.49	0.06	0.01
EPS (Diluted)	0.83	1.32	0.49	0.06	0.01
EPS Growth	-37.12%	169.67%	755.95%	307.03%	-100.00%
Dividend Per Share	-	-	0.143	-	-
Effective Tax Rate	4.27%	2.75%	18.55%	-	-

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