Ithmaar Holding B.S.C. (DFM:ITHMR)

Ithmaar Holding B.S.C. Income Statement

Financials in millions USD. 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	311.8	381.99	355.55	290.42	289.17
Interest Income on Investments	372.33	472.93	364.46	260.63	-
Total Interest Income	684.13	854.92	720	551.06	289.17
Interest Paid on Deposits	17.72	18.11	15.36	106.29	253.78
Net Interest Income	666.41	836.81	704.64	444.77	35.4
Net Interest Income Growth (YoY)	-20.36%	18.76%	58.43%	1156.47%	134.38%
Gain (Loss) on Sale of Assets	2.22	0.16	0.08	0.26	1.58
Gain (Loss) on Sale of Equity Investments	-372.6	-539.59	-451.5	-249.11	-1.4
Other Non-Interest Income	78.99	80.27	30.25	61.41	178.4
Total Non-Interest Income	-291.38	-459.16	-421.17	-187.44	178.58
Non-Interest Income Growth (YoY)	-	-	-	-	-29.74%
Revenues Before Loan Losses	375.03	377.66	283.47	257.32	213.98
Provision for Loan Losses	-0.37	21.85	16.79	-49.21	-100.14
Revenue	375.4	355.81	266.68	306.54	314.11
Revenue Growth (YoY)	5.50%	33.42%	-13.00%	-2.41%	0.14%
Occupancy Expenses	27.53	22.13	19.33	22.67	23.86
Selling, General & Administrative	-	-	-	162.89	159.77
Other Non-Interest Expense	218.4	197.79	163.8	-	-
Total Non-Interest Expense	245.93	219.92	183.13	185.56	183.64
EBT Excluding Unusual Items	129.47	135.89	83.55	120.98	130.48
Asset Writedown	-	-10.91	-	-	-
Pretax Income	129.47	124.98	83.55	49.91	59.41
Income Tax Expense	102.34	91.26	70.19	55.28	28.8
Earnings From Continuing Operations	27.13	33.72	13.36	-5.37	30.61
Earnings From Discontinued Operations	-	-	-	-15.59	29.72
Minority Interest in Earnings	-26.01	-23.26	-22.67	-17.42	-21.72
Net Income	1.12	10.46	-9.31	-38.39	38.6
Net Income to Common	1.12	10.46	-9.31	-38.39	38.6
Net Income Growth	-89.28%	-	-	-	-
Basic Shares Outstanding	2,910	2,910	2,910	2,910	2,910
Diluted Shares Outstanding	2,910	2,910	2,910	2,910	2,910
EPS (Basic)	0.00	0.00	-0.00	-0.01	0.01
EPS (Diluted)	0.00	0.00	-0.00	-0.01	0.01
EPS Growth	-89.28%	-	-	-	-
Effective Tax Rate	79.05%	73.02%	84.02%	110.76%	48.48%

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