Bank Asia PLC. (DSE: BANKASIA)

Bank Asia PLC. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	28,731	23,381	20,484	18,422	18,118	22,974
Interest Paid on Deposits	21,845	17,067	14,937	12,728	14,927	14,465
Net Interest Income	6,886	6,313	5,547	5,694	3,191	8,509
Net Interest Income Growth (YoY)	12.32%	13.81%	-2.58%	78.46%	-62.50%	6.38%
Gain (Loss) on Sale of Investments	435.86	763.11	256.25	2,407	757.92	90.96
Other Non-Interest Income	18,051	14,301	14,888	9,139	9,270	7,816
Total Non-Interest Income	18,487	15,065	15,144	11,546	10,028	7,907
Non-Interest Income Growth (YoY)	16.63%	-0.52%	31.17%	15.14%	26.82%	23.60%
Revenues Before Loan Losses	25,373	21,378	20,691	17,240	13,218	16,416
Provision for Loan Losses	11,382	6,555	4,294	4,343	1,761	5,689
Revenue	13,992	14,823	16,397	12,897	11,458	10,727
Revenue Growth (YoY)	-19.89%	-9.60%	27.14%	12.56%	6.81%	0.33%
Salaries and Employee Benefits	5,666	5,408	5,180	3,995	3,639	3,360
Occupancy Expenses	1,699	1,686	1,586	1,393	1,339	1,314
Selling, General & Administrative	435.2	420.06	387.46	285.82	317.82	332.3
Other Non-Interest Expense	2,438	2,479	2,623	2,699	2,176	1,743
Total Non-Interest Expense	10,238	9,993	9,777	8,374	7,472	6,750
EBT Excluding Unusual Items	3,754	4,830	6,620	4,523	3,986	3,977
Pretax Income	3,754	4,830	6,620	4,523	3,986	3,977
Income Tax Expense	3,040	2,351	3,568	1,795	1,961	2,019
Earnings From Continuing Operations	714.2	2,479	3,052	2,728	2,024	1,958
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	714.2	2,479	3,052	2,728	2,024	1,958
Net Income to Common	961.67	2,479	3,052	2,728	2,024	1,958
Net Income Growth	-80.94%	-18.79%	11.88%	34.76%	3.41%	-12.34%
Basic Shares Outstanding	1,166	1,166	1,166	1,166	1,166	1,166
Diluted Shares Outstanding	1,166	1,166	1,166	1,166	1,166	1,166
EPS (Basic)	0.82	2.13	2.62	2.34	1.74	1.68
EPS (Diluted)	0.82	2.13	2.62	2.34	1.74	1.68
EPS Growth	-72.53%	-18.79%	11.88%	34.76%	3.41%	-12.34%
Dividend Per Share	1.500	1.500	1.500	1.500	1.000	1.000
Dividend Growth	0%	0%	0%	50.00%	0%	110.00%
Effective Tax Rate	80.97%	48.68%	53.89%	39.68%	49.21%	50.78%

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