Ajman Bank PJSC (DFM:AJMANBANK)

Ajman Bank PJSC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	1,127	1,172	1,210	673.95	706.37
Interest Paid on Deposits	750.36	764.95	702.25	287.82	232.05
Net Interest Income	376.35	407.43	507.79	386.13	474.31
Net Interest Income Growth (YoY)	-7.63%	-19.76%	31.51%	-18.59%	6.76%
Gain (Loss) on Sale of Investments	93.52	-0.54	-34.93	-96.98	86.9
Other Non-Interest Income	422.96	325.62	295.94	267.31	94.84
Total Non-Interest Income	516.48	325.08	261.01	170.33	181.74
Non-Interest Income Growth (YoY)	58.88%	24.55%	53.24%	-6.28%	-6.71%
Revenues Before Loan Losses	892.83	732.51	768.8	556.45	656.06
Provision for Loan Losses	-49.72	-73.24	730.02	70.72	267.38
Revenue	942.55	805.75	38.78	485.73	388.67
Revenue Growth (YoY)	16.98%	1977.68%	-92.02%	24.97%	13.71%
Salaries and Employee Benefits	272.96	251.41	245.58	225.11	196.8
Occupancy Expenses	23.36	23.44	28.52	26.9	25.05
Selling, General & Administrative	116.11	94.82	95.88	68.99	62.69
Total Non-Interest Expense	412.43	369.67	369.98	320.99	284.54
EBT Excluding Unusual Items	530.12	436.08	-331.2	164.74	104.13
Asset Writedown	18.27	3.7	-59.16	-2.67	12.03
Pretax Income	548.39	439.78	-390.36	162.07	116.16
Income Tax Expense	48.35	39.13	-	-	-
Net Income	500.04	400.65	-390.36	162.07	116.16
Net Income to Common	500.04	400.65	-390.36	162.07	116.16
Net Income Growth	24.81%	-	-	39.52%	117.52%
Basic Shares Outstanding	2,704	2,692	2,557	2,449	2,174
Diluted Shares Outstanding	2,704	2,692	2,557	2,449	2,174
Shares Change (YoY)	0.44%	5.28%	4.42%	12.69%	-
EPS (Basic)	0.18	0.15	-0.15	0.07	0.05
EPS (Diluted)	0.18	0.15	-0.15	0.07	0.05
EPS Growth	24.26%	-	-	23.81%	122.73%
Dividend Per Share	0.092	0.072	-	-	-
Dividend Growth	26.62%	-	-	-	-
Effective Tax Rate	8.82%	8.90%	-	-	-

Source: S&P Global Market Intelligence. Banks template. Financial Sources.