Nations Trust Bank PLC (COSE: NTB.N0000)

Nations Trust 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	67,254	70,558	54,308	28,657	32,944	39,572
Interest Paid on Deposits	31,993	35,607	25,007	14,580	19,272	23,437
Net Interest Income	35,261	34,951	29,301	14,078	13,672	16,134
Net Interest Income Growth (YoY)	-0.13%	19.28%	108.14%	2.97%	-15.26%	6.40%
Income From Trading Activities	1,754	-1,267	14,233	2,472	1,375	-1,316
Gain (Loss) on Sale of Assets	4.16	4.16	-0.15	0.24	1.33	0.01
Gain (Loss) on Sale of Investments	-126.03	472.29	44.13	509.04	1,167	11.03
Other Non-Interest Income	9,866	10,871	-4,711	6,210	4,483	7,722
Total Non-Interest Income	11,498	10,081	9,566	9,192	7,026	6,418
Non-Interest Income Growth (YoY)	18.09%	5.38%	4.08%	30.83%	9.47%	4.43%
Revenues Before Loan Losses	46,759	45,032	38,867	23,269	20,698	22,552
Provision for Loan Losses	5,518	7,500	13,842	3,742	3,847	3,301
Revenue	41,241	37,532	25,025	19,527	16,851	19,252
Revenue Growth (YoY)	17.79%	49.98%	28.15%	15.88%	-12.47%	6.74%
Salaries and Employee Benefits	7,711	7,284	5,999	4,620	4,629	4,535
Occupancy Expenses	636.23	643.18	731.33	827.8	902.08	857.2
Amortization of Goodwill & Intangibles	338.31	329.44	278.82	339.04	379.9	348.58
Selling, General & Administrative	314.35	314.35	118.54	95.54	5.33	149.12
Other Non-Interest Expense	11,370	10,653	7,452	5,225	4,876	7,579
Total Non-Interest Expense	20,370	19,224	14,580	11,107	10,792	13,469
EBT Excluding Unusual Items	20,871	18,308	10,445	8,420	6,059	5,783
Pretax Income	20,871	18,308	10,445	8,420	6,059	5,783
Income Tax Expense	7,494	6,837	3,217	1,726	2,004	2,070
Net Income	13,378	11,471	7,228	6,694	4,055	3,714
Net Income to Common	13,378	11,471	7,228	6,694	4,055	3,714
Net Income Growth	25.65%	58.70%	7.99%	65.07%	9.19%	0.31%
Basic Shares Outstanding	326	326	326	326	326	327
Diluted Shares Outstanding	326	326	326	326	326	327
Shares Change (YoY)	0.01%	-	-0.01%	-0.05%	-0.03%	-1.68%
EPS (Basic)	41.01	35.16	22.16	20.52	12.42	11.37
EPS (Diluted)	41.01	35.16	22.16	20.52	12.42	11.37
EPS Growth	25.64%	58.70%	8.00%	65.16%	9.22%	2.03%
Dividend Per Share	2.449	2.449	-	-	1.739	2.000
Dividend Growth	-	-	-	-	-13.05%	-
Effective Tax Rate	35.90%	37.34%	30.80%	20.50%	33.07%	35.79%

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