Al Salam Bank B.S.C. (DFM:SALAM_BAH)

Al Salam Bank B.S.C. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	376.66	333.38	222.76	129.94	98.78	94.34
Total Interest Income	376.66	333.38	222.76	129.94	98.78	94.34
Interest Paid on Borrowings	53.77	41.89	33.96	11	7.03	9.82
Total Interest Expense	53.77	41.89	33.96	11	7.03	9.82
Net Interest Income	322.89	291.49	188.8	118.94	91.75	84.52
Net Interest Income Growth (YoY)	22.92%	54.39%	58.74%	29.63%	8.55%	26.10%
Gain (Loss) on Sale of Assets	-	-	-	-0.02	0.17	-0.08
Gain (Loss) on Sale of Investments	-3.19	-0.77	-9.13	2.51	-0.05	-9.12
Gain (Loss) on Sale of Equity Investments	20.4	18.17	21.04	9.33	2.7	1.95
Other Non-Interest Income	41.95	40.02	29.03	-34.15	-28.06	-18.11
Total Non-Interest Income	59.16	57.42	40.94	-22.34	-25.25	-25.35
Non-Interest Income Growth (YoY)	44.51%	40.26%	-	-	-	-
Revenues Before Loan Losses	382.05	348.91	229.74	96.6	66.5	59.17
Provision for Loan Losses	36.01	21.17	22.99	12.68	12.51	18.28
Revenue	346.04	327.74	206.75	83.91	53.99	40.89
Revenue Growth (YoY)	21.70%	58.52%	146.38%	55.44%	32.02%	-21.45%
Salaries and Employee Benefits	46.59	44.35	31.77	23.56	17.03	14.76
Occupancy Expenses	8.06	8.06	4.32	2.29	1.28	1.88
Selling, General & Administrative	4.49	4.49	3.42	1.99	1.87	2.29
Other Non-Interest Expense	200.11	197.53	130.12	22.8	12.82	11.09
Total Non-Interest Expense	259.25	254.43	169.62	50.64	33	30.03
EBT Excluding Unusual Items	86.79	73.31	37.13	33.27	20.99	10.87
Asset Writedown	-	-	-	-0.2	-0.11	-1.75
Other Unusual Items	2.68	2.68	15.56	-	0.35	-
Pretax Income	89.47	75.99	52.69	33.07	21.22	9.12
Income Tax Expense	6.27	6.49	4.51	-	-	-
Earnings From Continuing Operations	83.2	69.5	48.18	33.07	21.22	9.12
Minority Interest in Earnings	-8.33	-10.49	-5.95	-1.48	0.14	0.02
Net Income	74.87	59.01	42.23	31.59	21.37	9.14
Net Income to Common	74.87	59.01	42.23	31.59	21.37	9.14
Net Income Growth	39.81%	39.75%	33.66%	47.86%	133.72%	-56.66%
Basic Shares Outstanding	3,105	2,867	2,793	2,794	2,891	2,866
Diluted Shares Outstanding	3,105	2,867	2,793	2,794	2,891	2,866
Shares Change (YoY)	5.51%	2.65%	-0.05%	-3.35%	0.85%	-1.10%
EPS (Basic)	0.02	0.02	0.02	0.01	0.01	0.00
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01	0.00
EPS Growth	32.51%	36.14%	33.73%	52.98%	131.76%	-56.18%
Dividend Per Share	0.006	0.006	0.006	0.004	0.003	0.004
Dividend Growth	-9.68%	-9.68%	47.62%	27.27%	-15.38%	-35.00%
Effective Tax Rate	7.00%	8.54%	8.56%	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.