NMB Bank Plc (DAR:NMB)

NMB Bank Income Statement

Financials in millions TZS. 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	1,398,118	1,366,006	1,179,592	953,656	815,446	712,648
Interest Paid on Deposits	309,429	307,599	242,354	164,020	135,606	141,483
Net Interest Income	1,088,754	1,058,407	937,238	789,636	679,840	571,165
Net Interest Income Growth (YoY)	11.58%	12.93%	18.69%	16.15%	19.03%	9.34%
Income From Trading Activities	-	-	-	-	2,726	3,107
Gain (Loss) on Sale of Assets	-	240	294	590	12	159
Gain (Loss) on Sale of Investments	-	4,831	7,527	5,353	-	-
Other Non-Interest Income	593,672	571,267	460,609	396,076	303,011	266,250
Total Non-Interest Income	593,672	576,338	468,430	402,019	305,749	269,516
Non-Interest Income Growth (YoY)	16.42%	23.04%	16.52%	31.49%	13.44%	32.87%
Revenues Before Loan Losses	1,682,426	1,634,745	1,405,668	1,191,655	985,589	840,681
Provision for Loan Losses	83,154	85,068	84,485	81,067	113,040	125,800
Revenue	1,599,272	1,549,677	1,321,183	1,110,588	872,549	714,881
Revenue Growth (YoY)	14.52%	17.29%	18.96%	27.28%	22.05%	14.13%
Salaries and Employee Benefits	346,181	335,656	297,923	266,296	243,679	210,174
Occupancy Expenses	-	56,037	49,444	53,638	61,755	68,308
Selling, General & Administrative	-	71,085	64,659	59,171	52,518	53,479
Other Non-Interest Expense	287,672	155,609	134,356	116,318	96,572	86,907
Total Non-Interest Expense	633,853	618,387	546,382	495,423	454,524	418,868
EBT Excluding Unusual Items	965,419	931,290	774,801	615,165	418,025	296,013
Other Unusual Items	-	-	-	-	-	5,267
Pretax Income	965,419	931,290	774,801	615,165	418,025	301,280
Income Tax Expense	297,800	284,397	229,594	183,493	125,876	90,980
Earnings From Continuing Operations	667,619	646,893	545,207	431,672	292,149	210,300
Minority Interest in Earnings	-	-363	-317	-141	-71	-331
Net Income	667,619	646,530	544,890	431,531	292,078	209,969
Net Income to Common	667,619	646,530	544,890	431,531	292,078	209,969
Net Income Growth	14.61%	18.65%	26.27%	47.74%	39.11%	45.19%
Basic Shares Outstanding	500	500	500	500	500	500
Diluted Shares Outstanding	500	500	500	500	500	500
EPS (Basic)	1335.56	1293.06	1089.78	863.06	584.16	419.94
EPS (Diluted)	1335.56	1293.06	1089.78	863.06	584.16	419.94
EPS Growth	14.64%	18.65%	26.27%	47.74%	39.11%	45.19%
Dividend Per Share	-	428.850	361.180	286.000	193.000	137.000
Dividend Growth	-	18.74%	26.29%	48.19%	40.88%	42.71%
Effective Tax Rate	30.85%	30.54%	29.63%	29.83%	30.11%	30.20%

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.