Sampath Bank PLC (COSE: SAMP.N0000)

Sampath 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	197,974	212,459	164,776	92,428	94,647	109,855
Interest Paid on Deposits	113,593	137,016	88,734	46,910	57,820	65,092
Net Interest Income	84,381	75,443	76,042	45,518	36,827	44,764
Net Interest Income Growth (YoY)	11.06%	-0.79%	67.06%	23.60%	-17.73%	9.52%
Income From Trading Activities	-1,142	708.98	-2,266	399.24	24.79	2,206
Gain (Loss) on Sale of Assets	0.83	0.83	2.09	3.46	0.03	-1.71
Gain (Loss) on Sale of Investments	1,059	599.42	559.22	150.41	423.81	113.67
Other Non-Interest Income	17,592	18,711	40,431	18,328	12,791	12,060
Total Non-Interest Income	17,510	20,020	38,726	18,881	13,239	14,378
Non-Interest Income Growth (YoY)	-28.21%	-48.30%	105.10%	42.62%	-7.92%	-12.12%
Revenues Before Loan Losses	101,891	95,463	114,768	64,399	50,066	59,141
Provision for Loan Losses	11,033	20,210	62,909	18,559	13,201	13,751
Revenue	90,858	75,253	51,859	45,840	36,866	45,391
Revenue Growth (YoY)	25.92%	45.11%	13.13%	24.34%	-18.78%	0.66%
Salaries and Employee Benefits	18,609	15,826	13,879	10,916	11,227	10,585
Occupancy Expenses	2,850	2,554	2,397	2,491	2,518	2,526
Selling, General & Administrative	1,934	1,934	1,577	136.09	101.45	106.08
Other Non-Interest Expense	27,186	23,737	17,613	13,471	11,129	15,836
Total Non-Interest Expense	50,579	44,052	35,465	27,015	24,976	29,052
EBT Excluding Unusual Items	40,279	31,202	16,394	18,825	11,890	16,338
Asset Writedown	-	-	0.8	-	-	-
Pretax Income	40,279	31,202	16,395	18,825	11,890	16,338
Income Tax Expense	15,994	13,277	2,334	4,969	3,447	4,670
Earnings From Continuing Operations	24,284	17,924	14,061	13,856	8,443	11,668
Net Income	24,284	17,924	14,061	13,856	8,443	11,668
Net Income to Common	24,284	17,924	14,061	13,856	8,443	11,668
Net Income Growth	27.11%	27.48%	1.47%	64.13%	-27.65%	-7.44%
Basic Shares Outstanding	1,173	1,173	1,173	1,173	1,173	1,044
Diluted Shares Outstanding	1,173	1,173	1,173	1,173	1,173	1,044
Shares Change (YoY)	0.10%	-	0.00%	-	12.35%	20.75%
EPS (Basic)	20.70	15.28	11.99	11.82	7.20	11.18
EPS (Diluted)	20.70	15.28	11.99	11.82	7.20	11.18
EPS Growth	26.98%	27.48%	1.47%	64.13%	-35.60%	-23.34%
Dividend Per Share	5.850	5.850	3.367	4.147	2.684	3.822
Dividend Growth	73.76%	73.76%	-18.82%	54.54%	-29.79%	144.66%
Effective Tax Rate	39.71%	42.55%	14.24%	26.39%	28.99%	28.58%

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