Commercial Bank of Ceylon PLC (COSE:COMB.N0000)

Commercial Bank of Ceylon Income Statement

Financials in millions LKR. 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	277,424	275,217	297,646	222,393	132,818	124,088
Interest Paid on Deposits	152,773	157,082	211,231	137,728	66,402	73,219
Net Interest Income	124,651	118,135	86,415	84,665	66,416	50,869
Net Interest Income Growth (YoY)	31.02%	36.71%	2.07%	27.48%	30.56%	5.20%
Income From Trading Activities	-210.74	-2,201	-12,482	35,297	1,936	1,878
Gain (Loss) on Sale of Assets	12.71	12.71	21.05	20.12	4.05	5.82
Gain (Loss) on Sale of Investments	-41,498	-41,017	5,060	276.88	3,002	6,390
Other Non-Interest Income	35,771	32,126	43,036	16,369	22,235	17,587
Total Non-Interest Income	-5,925	-11,079	35,636	51,963	27,177	25,861
Non-Interest Income Growth (YoY)	-	-	-31.42%	91.21%	5.09%	33.78%
Revenues Before Loan Losses	118,727	107,056	122,051	136,629	93,593	76,729
Provision for Loan Losses	-58,500	-62,295	38,895	71,924	25,140	21,420
Revenue	177,227	169,350	83,156	64,704	68,453	55,310
Revenue Growth (YoY)	84.27%	103.65%	28.52%	-5.48%	23.76%	-1.85%
Salaries and Employee Benefits	28,097	27,885	22,789	19,788	16,757	14,881
Occupancy Expenses	4,903	4,737	4,336	3,598	3,220	3,103
Selling, General & Administrative	4,491	4,491	4,402	3,177	2,280	1,909
Other Non-Interest Expense	36,112	34,432	17,685	13,640	13,246	10,849
Total Non-Interest Expense	73,603	71,545	49,207	40,207	35,501	30,738
EBT Excluding Unusual Items	103,624	97,805	33,948	24,497	32,952	24,572
Asset Writedown	3.5	3.5	-21.34	7.95	5.28	-51.97
Pretax Income	103,627	97,808	33,927	24,505	32,957	24,520
Income Tax Expense	43,777	42,122	12,027	105.57	8,667	7,433
Earnings From Continuing Operations	59,850	55,686	21,900	24,399	24,290	17,087
Minority Interest in Earnings	-616.96	-613.17	-784.99	-587.56	-227.82	-146.85
Net Income	59,233	55,073	21,115	23,812	24,062	16,940
Net Income to Common	59,233	55,073	21,115	23,812	24,062	16,940
Net Income Growth	115.20%	160.83%	-11.33%	-1.04%	42.05%	-1.87%
Basic Shares Outstanding	1,518	1,449	1,354	1,354	1,353	1,252
Diluted Shares Outstanding	1,521	1,452	1,355	1,354	1,353	1,252
Shares Change (YoY)	13.87%	7.13%	0.09%	0.07%	8.02%	2.58%
EPS (Basic)	39.01	38.00	15.59	17.59	17.79	13.53
EPS (Diluted)	38.95	37.94	15.58	17.59	17.79	13.52
EPS Growth	88.98%	143.45%	-11.40%	-1.11%	31.51%	-4.33%
Dividend Per Share	5.437	5.437	4.366	-	3.973	3.877
Dividend Growth	24.52%	24.52%	-	-	2.48%	2.34%
Effective Tax Rate	42.24%	43.07%	35.45%	0.43%	26.30%	30.31%

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.