GFH Financial Group BSC (DFM: GFH)

GFH Financial Group BSC Income Statement

Financials in millions USD. 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	115.38	106.69	94.75	79.33	99.8	107.19
Interest Income on Investments	4.06	10.99	24.63	14.28	79.14	36.49
Total Interest Income	119.44	117.68	119.38	93.61	178.93	143.68
Interest Paid on Deposits	101.41	91.97	47.96	35.69	29.95	18.42
Net Interest Income	18.03	25.71	71.42	57.93	148.99	125.27
Net Interest Income Growth (YoY)	-72.49%	-64.00%	23.29%	-61.12%	18.93%	118.61%
Trust Income	311.79	322.28	189.22	170.5	47.76	30.8
Income From Trading Activities	161.73	182.72	86.97	102.3	75.74	92.97
Gain (Loss) on Sale of Investments	112.14	37.14	53.56	14.67	20.44	10.52
Gain (Loss) on Sale of Equity Investments	29.88	34.54	27.69	-0.06	-	-
Other Non-Interest Income	2.04	-3.44	-11.49	4.22	-6.93	-5.23
Total Non-Interest Income	666.67	581.19	359.34	316.52	151.21	166.94
Non-Interest Income Growth (YoY)	25.17%	61.74%	13.53%	109.33%	-9.42%	44.26%
Revenues Before Loan Losses	684.7	606.9	430.76	374.45	300.19	292.21
Provision for Loan Losses	32.11	20.46	3.31	35.58	26.8	53.47
Revenue	652.59	586.45	427.45	338.87	273.4	238.74
Revenue Growth (YoY)	11.55%	37.20%	26.14%	23.95%	14.52%	53.62%
Salaries and Employee Benefits	-	-	-	59.04	42.86	50.59
Selling, General & Administrative	5.63	5.63	2.93	6.72	8.21	4.98
Other Non-Interest Expense	534.37	478.94	330.2	204.8	196.18	158.2
Total Non-Interest Expense	541	485.57	340.05	270.55	247.25	213.77
EBT Excluding Unusual Items	111.59	100.88	87.4	68.32	26.14	24.98
Asset Writedown	-	-	-	-	-	-0.8
Other Unusual Items	4.35	4.35	10.31	24.3	23.2	29.41
Pretax Income	115.94	105.23	97.71	92.62	49.34	53.58
Earnings From Continuing Operations	115.94	105.23	97.71	92.62	49.34	53.58
Earnings From Discontinued Operations	-	-	-	-	-	-0.47
Minority Interest in Earnings	-6.94	-2.36	-7.45	-8.39	-4.25	12.92
Net Income	108.99	102.86	90.25	84.22	45.1	66.03
Net Income to Common	108.99	102.86	90.25	84.22	45.1	66.03
Net Income Growth	6.14%	13.97%	7.16%	86.77%	-31.71%	-42.11%
Basic Shares Outstanding	3,508	3,493	3,427	3,413	3,429	3,480
Diluted Shares Outstanding	3,508	3,493	3,427	3,413	3,429	3,480
Shares Change (YoY)	1.74%	1.95%	0.40%	-0.48%	-1.47%	-10.96%
EPS (Basic)	0.03	0.03	0.03	0.02	0.01	0.02
EPS (Diluted)	0.03	0.03	0.03	0.02	0.01	0.02
EPS Growth	4.33%	11.80%	6.73%	87.67%	-30.69%	-34.99%
Dividend Per Share	0.016	0.016	0.016	0.012	0.005	0.009
Dividend Growth	3.33%	3.33%	33.61%	147.92%	-43.53%	7.59%

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