Banco Nacional de Crédito, C.A., Banco Universal (CCSE:BNC)

CCSE:BNC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	5,109	2,884	2,728	453.43	40.89	4.88
Interest Income on Investments	289.98	206.3	77.76	42.2	5	0.71
Total Interest Income	5,399	3,090	2,806	495.63	45.89	5.58
Interest Paid on Deposits	910.85	829.55	475.41	73.04	9.56	0.35
Interest Paid on Borrowings	789	767.39	453.51	74.06	9.61	0.24
Total Interest Expense	1,700	1,597	928.92	147.1	19.16	0.6
Net Interest Income	3,699	1,493	1,877	348.53	26.73	4.99
Net Interest Income Growth (YoY)	150.00%	-20.44%	438.54%	1204.12%	435.76%	2631.90%
Gain (Loss) on Sale of Investments	0.04	0.03	24.27	5.89	6.03	0.34
Gain (Loss) on Sale of Equity Investments	-	-	186.3	61.35	-	-
Other Non-Interest Income	4,062	3,354	1,877	435.4	70.62	4.95
Total Non-Interest Income	4,062	3,354	2,087	502.64	76.65	5.29
Non-Interest Income Growth (YoY)	64.68%	60.69%	315.25%	555.78%	1349.60%	2899.42%
Revenues Before Loan Losses	7,761	4,847	3,964	851.17	103.37	10.28
Provision for Loan Losses	291.65	261.28	167.56	49.26	7.62	0.56
Revenue	7,470	4,586	3,797	801.91	95.75	9.72
Revenue Growth (YoY)	98.17%	20.79%	373.45%	737.50%	885.45%	2822.82%
Salaries and Employee Benefits	937.11	817.7	684.04	116.42	14.67	1.16
Federal Deposit Insurance	116.44	93.83	26.28	4.76	0.52	0.03
Selling, General & Administrative	3,711	2,897	1,495	368.36	59.89	3.06
Other Non-Interest Expense	577.61	262.43	365.85	64.54	11.3	1.21
Total Non-Interest Expense	5,354	4,083	2,548	562.13	88.71	5.48
EBT Excluding Unusual Items	2,116	502.94	1,249	239.78	7.04	4.24
Other Unusual Items	316.78	401.75	103.54	67.15	17.33	-0
Pretax Income	2,433	904.69	1,352	306.93	24.37	4.24
Income Tax Expense	184.34	85.73	243.54	53.1	3.67	1.21
Net Income	2,248	818.96	1,109	253.83	20.69	3.03
Net Income to Common	2,248	818.96	1,109	253.83	20.69	3.03
Net Income Growth	158.01%	-26.14%	336.82%	1126.54%	583.00%	3062.66%
Basic Shares Outstanding	-	-	258	58	58	58
Diluted Shares Outstanding	-	-	258	58	58	58
Shares Change (YoY)	-	-	345.31%	-	-	16.36%
EPS (Basic)	-	-	4.30	4.38	0.36	0.05
EPS (Diluted)	-	-	4.30	4.38	0.36	0.05
EPS Growth	-	-	-1.91%	1126.54%	583.00%	2618.97%
Dividend Per Share	-	-	-	0.263	-	-
Effective Tax Rate	7.58%	9.48%	18.01%	17.30%	15.07%	28.47%

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