Bank Asia PLC. (DSE:BANKASIA)

Bank Asia PLC. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	30,951	30,652	23,381	20,484	18,422	18,118
Interest Paid on Deposits	26,497	24,509	17,067	14,937	12,728	14,927
Net Interest Income	4,454	6,143	6,313	5,547	5,694	3,191
Net Interest Income Growth (YoY)	-32.87%	-2.70%	13.81%	-2.58%	78.45%	-62.50%
Gain (Loss) on Sale of Investments	3,270	3,150	763.11	256.25	2,407	757.92
Other Non-Interest Income	20,318	17,585	14,301	14,888	9,139	9,270
Total Non-Interest Income	23,588	20,736	15,065	15,144	11,546	10,028
Non-Interest Income Growth (YoY)	45.42%	37.64%	-0.53%	31.17%	15.14%	26.82%
Revenues Before Loan Losses	28,042	26,878	21,378	20,691	17,240	13,218
Provision for Loan Losses	10,102	10,020	6,555	4,294	4,343	1,761
Revenue	17,941	16,858	14,823	16,397	12,897	11,458
Revenue Growth (YoY)	20.29%	13.73%	-9.60%	27.14%	12.56%	6.81%
Salaries and Employee Benefits	5,856	5,835	5,408	5,180	3,995	3,639
Occupancy Expenses	1,686	1,686	1,686	1,586	1,393	1,339
Selling, General & Administrative	476.39	437.48	420.06	387.46	285.82	317.82
Other Non-Interest Expense	2,507	2,447	2,479	2,623	2,699	2,176
Total Non-Interest Expense	10,525	10,406	9,993	9,777	8,374	7,472
EBT Excluding Unusual Items	7,415	6,452	4,830	6,620	4,523	3,986
Pretax Income	7,415	6,452	4,830	6,620	4,523	3,986
Income Tax Expense	3,666	3,584	2,351	3,568	1,795	1,961
Earnings From Continuing Operations	3,749	2,868	2,479	3,052	2,728	2,024
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	3,749	2,868	2,479	3,052	2,728	2,024
Net Income to Common	3,749	2,868	2,479	3,052	2,728	2,024
Net Income Growth	94.41%	15.70%	-18.79%	11.88%	34.76%	3.41%
Basic Shares Outstanding	1,282	1,282	1,282	1,282	1,282	1,282
Diluted Shares Outstanding	1,282	1,282	1,282	1,282	1,282	1,282
EPS (Basic)	2.92	2.24	1.93	2.38	2.13	1.58
EPS (Diluted)	2.92	2.24	1.93	2.38	2.13	1.58
EPS Growth	94.41%	15.70%	-18.79%	11.88%	34.76%	3.41%
Dividend Per Share	0.909	0.909	1.364	1.364	1.364	0.909
Dividend Growth	-33.33%	-33.33%	-	-	49.99%	-
Effective Tax Rate	49.44%	55.55%	48.68%	53.89%	39.68%	49.21%

Updated Oct 31, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.