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

CCSE: BNC Balance Sheet

Financials in millions VES. 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
Cash & Equivalents	8,396	8,676	3,435	951.06	121.24	1.94
Investment Securities	925.17	604.86	1,591	19.74	1.65	0.55
Total Investments	925.17	604.86	1,591	19.74	1.65	0.55
Gross Loans	7,933	7,043	2,185	196.95	45.18	0.96
Allowance for Loan Losses	-253.82	-216.37	-59.19	-9.7	-1.9	-0.07
Net Loans	7,679	6,826	2,126	187.25	43.28	0.89
Property, Plant & Equipment	946.7	881.08	597.94	49.94	4.55	0.13
Accrued Interest Receivable	50.94	4.27	9	0.52	0.16	0
Other Receivables	0.93	722.04	145.96	21.99	2.84	0.19
Restricted Cash	4,811	4,196	200.06	23.95	13.34	0.96
Other Current Assets	-	325.47	101.47	15.68	1.27	0.06
Long-Term Deferred Tax Assets	-	7.08	5.21	0.14	-	-
Other Real Estate Owned & Foreclosed	70.49	-	8.38	5.9	0.3	-
Other Long-Term Assets	4,807	2,439	627.86	73.47	8.64	0.16
Total Assets	27,687	24,783	8,920	1,355	197.58	4.92
Accounts Payable	-	481.78	69.98	12.34	2.93	0.13
Accrued Expenses	2,775	91.15	59	2.97	0.77	0.01
Interest Bearing Deposits	2,668	3,456	937.87	128.72	28.12	1.34
Non-Interest Bearing Deposits	15,107	12,498	4,621	845.26	107.93	1.74
Total Deposits	17,775	15,954	5,559	973.98	136.05	3.08
Short-Term Borrowings	1,527	620.56	18.12	22.65	1.84	0.11
Current Income Taxes Payable	-	213.5	52.16	1.16	0.83	0.02
Accrued Interest Payable	32.26	34.92	3.05	1.94	0.02	0
Other Current Liabilities	9.22	1,656	342.73	46.74	11.3	0.37
Long-Term Leases	-	14.32	1.19	-	0.05	0
Long-Term Unearned Revenue	-	44.19	29.62	0.62	0.08	0.01
Long-Term Deferred Tax Liabilities	-	20.62	3.39	-	0.35	0
Other Long-Term Liabilities	9.78	443.48	347.43	2.25	1	0.02
Total Liabilities	22,128	19,574	6,486	1,065	155.22	3.74
Common Stock	128.96	128.96	28.96	0.03	0.01	-
Additional Paid-In Capital	-	300	82.82	-	-	-
Retained Earnings	-	1,049	266.5	23.79	3.12	0.1
Comprehensive Income & Other	5,429	3,731	2,056	266.84	39.22	1.08
Shareholders' Equity	5,558	5,209	2,434	290.67	42.35	1.17
Total Liabilities & Equity	27,687	24,783	8,920	1,355	197.58	4.92
Total Debt	1,527	634.88	19.31	22.65	1.89	0.11
Net Cash (Debt)	6,868	8,042	4,816	937.56	119.43	2.18
Net Cash Growth	-2.18%	66.96%	413.71%	685.05%	5373.65%	8215.02%
Net Cash Per Share	26.63	31.18	83.16	16.19	2.06	0.04
Filing Date Shares Outstanding	257.92	257.92	57.92	57.92	57.92	57.92
Total Common Shares Outstanding	257.92	257.92	57.92	57.92	57.92	57.92
Book Value Per Share	21.55	20.20	42.02	5.02	0.73	0.02
Tangible Book Value	5,558	5,209	2,434	290.67	42.35	1.17
Tangible Book Value Per Share	21.55	20.20	42.02	5.02	0.73	0.02

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