Yetu Microfinance Bank PLC (DAR:YETU)

Yetu Microfinance Bank Income Statement

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

Fiscal Year	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Interest Income on Loans	4,818	4,013	4,969	5,027	4,843
Interest Paid on Deposits	1,013	800.68	586.72	404.57	312.79
Net Interest Income	3,805	3,213	4,382	4,623	4,530
Net Interest Income Growth (YoY)	18.44%	-26.70%	-5.20%	2.06%	34.25%
Other Non-Interest Income	907.55	700.75	695.69	834.01	870.16
Total Non-Interest Income	907.55	700.75	695.69	834.01	870.16
Non-Interest Income Growth (YoY)	29.51%	0.73%	-16.59%	-4.15%	17.04%
Revenues Before Loan Losses	4,712	3,913	5,078	5,457	5,400
Provision for Loan Losses	1,151	53.2	-196.14	79.87	-20
Revenue	3,562	3,860	5,274	5,377	5,420
Revenue Growth (YoY)	-7.73%	-26.81%	-1.91%	-0.79%	31.63%
Salaries and Employee Benefits	2,568	2,280	2,344	1,934	1,690
Occupancy Expenses	265.89	230.53	213.13	128.3	128.22
Selling, General & Administrative	2,107	1,634	1,921	2,346	1,790
Other Non-Interest Expense	47.12	30	-	-	-0
Total Non-Interest Expense	4,987	4,174	4,478	4,409	3,608
EBT Excluding Unusual Items	-1,426	-314.39	796.16	968.17	1,812
Pretax Income	-1,426	-314.39	796.16	968.17	1,812
Income Tax Expense	-300.32	-259.44	114.78	260.14	511.97
Net Income	-1,126	-54.94	681.38	708.03	1,300
Net Income to Common	-1,126	-54.94	681.38	708.03	1,300
Net Income Growth	-	-	-3.76%	-45.54%	53.99%
Basic Shares Outstanding	12	12	12	12	12
Diluted Shares Outstanding	12	12	12	12	12
Shares Change (YoY)	0.00%	-	-	-	-
EPS (Basic)	-92.92	-4.54	56.25	58.45	107.32
EPS (Diluted)	-92.92	-4.54	56.25	58.45	107.32
EPS Growth	-	-	-3.76%	-45.54%	-
Dividend Per Share	-	-	22.500	35.000	64.000
Dividend Growth	-	-	-35.71%	-45.31%	-
Effective Tax Rate	-	-	14.42%	26.87%	28.26%

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