Hatton National Bank PLC (COSE: HNB.N0000)

Hatton National Bank Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	247,429	304,578	220,581	107,408	112,825	124,889
Interest Paid on Deposits	144,276	186,504	109,015	50,945	61,988	68,533
Net Interest Income	103,152	118,075	111,567	56,462	50,837	56,356
Net Interest Income Growth (YoY)	-19.22%	5.83%	97.59%	11.07%	-9.79%	5.07%
Income From Trading Activities	-5,916	-11,851	4,826	-383.77	-816.9	-2,263
Gain (Loss) on Sale of Assets	13.88	13.88	12.11	13.2	9.33	24.61
Gain (Loss) on Sale of Investments	716.02	310.85	23.1	202.04	1,316	272.63
Other Non-Interest Income	41,681	42,951	44,448	28,110	20,728	22,121
Total Non-Interest Income	36,495	31,425	49,309	27,942	21,237	20,155
Non-Interest Income Growth (YoY)	13.56%	-36.27%	76.47%	31.57%	5.37%	-6.16%
Revenues Before Loan Losses	139,647	149,500	160,875	84,404	72,074	76,511
Provision for Loan Losses	12,946	42,509	91,736	19,507	16,041	11,399
Revenue	126,702	106,991	69,139	64,897	56,033	65,112
Revenue Growth (YoY)	32.45%	54.75%	6.54%	15.82%	-13.94%	-0.27%
Salaries and Employee Benefits	23,617	20,934	18,491	13,676	13,903	14,026
Other Non-Interest Expense	56,584	49,964	36,561	28,433	24,951	30,800
Total Non-Interest Expense	79,794	69,758	54,719	41,816	38,447	44,639
EBT Excluding Unusual Items	46,908	37,233	14,420	23,081	17,586	20,473
Asset Writedown	-15.1	-15.1	-	-27.32	-6.07	-27.76
Pretax Income	46,893	37,218	14,420	23,054	17,580	20,445
Income Tax Expense	18,475	13,612	-1,328	2,969	3,918	5,416
Earnings From Continuing Operations	28,418	23,606	15,748	20,084	13,662	15,029
Minority Interest in Earnings	-978.58	-835.7	-419.66	-1,059	-566.84	-358.97
Net Income	27,440	22,771	15,329	19,025	13,095	14,670
Net Income to Common	27,440	22,771	15,329	19,025	13,095	14,670
Net Income Growth	21.17%	48.55%	-19.43%	45.28%	-10.73%	-16.82%
Basic Shares Outstanding	571	571	571	570	570	569
Diluted Shares Outstanding	571	571	571	570	570	569
Shares Change (YoY)	-0.04%	-	0.25%	0.03%	0.15%	0.07%
EPS (Basic)	48.02	39.85	26.83	33.38	22.98	25.79
EPS (Diluted)	48.01	39.85	26.83	33.38	22.98	25.78
EPS Growth	21.22%	48.55%	-19.63%	45.22%	-10.86%	-16.90%
Dividend Per Share	3.918	3.918	-	6.000	4.050	3.961
Dividend Growth	-	-	-	48.15%	2.24%	-8.66%
Effective Tax Rate	39.40%	36.57%	-	12.88%	22.29%	26.49%

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