BRAC Bank PLC. (DSE:BRACBANK)

BRAC Bank 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	53,350	41,864	31,370	24,225	27,080	32,623
Interest Paid on Deposits	35,570	21,315	12,954	7,913	13,725	14,698
Net Interest Income	17,780	20,549	18,416	16,312	13,355	17,925
Net Interest Income Growth (YoY)	-10.54%	11.58%	12.90%	22.14%	-25.49%	13.32%
Gain (Loss) on Sale of Assets	7.62	6.94	15.41	3.8	11.09	16.11
Gain (Loss) on Sale of Investments	1,406	1,505	600	772.86	2,423	-534.4
Other Non-Interest Income	38,889	24,364	18,806	14,625	13,328	9,884
Total Non-Interest Income	40,303	25,876	19,422	15,402	15,762	9,365
Non-Interest Income Growth (YoY)	62.42%	33.23%	26.10%	-2.29%	68.30%	-7.03%
Revenues Before Loan Losses	58,082	46,425	37,838	31,714	29,117	27,290
Provision for Loan Losses	3,218	2,714	1,938	2,971	2,365	1,096
Revenue	54,865	43,711	35,900	28,743	26,752	26,194
Revenue Growth (YoY)	30.78%	21.76%	24.90%	7.44%	2.13%	3.91%
Salaries and Employee Benefits	16,470	14,514	12,519	9,889	9,043	7,869
Occupancy Expenses	7,239	6,283	5,246	4,493	3,978	3,799
Selling, General & Administrative	6,255	5,845	4,646	3,785	3,810	3,615
Other Non-Interest Expense	4,497	4,264	4,151	3,654	3,537	3,406
Total Non-Interest Expense	34,444	30,888	26,557	21,817	20,368	18,693
EBT Excluding Unusual Items	20,420	12,823	9,343	6,926	6,384	7,501
Other Unusual Items	-0.08	-0.08	-4.93	-16.29	-48.04	-
Pretax Income	20,420	12,823	9,283	6,910	6,336	7,501
Income Tax Expense	7,853	4,548	3,141	2,257	2,295	2,918
Earnings From Continuing Operations	12,567	8,275	6,142	4,653	4,041	4,583
Minority Interest in Earnings	-1,500	-664.95	-109.27	812.07	376.92	368.42
Net Income	11,068	7,610	6,033	5,465	4,418	4,951
Net Income to Common	11,068	7,610	6,033	5,465	4,418	4,951
Net Income Growth	47.63%	26.15%	10.39%	23.68%	-10.76%	-10.73%
Basic Shares Outstanding	1,770	1,770	1,770	1,770	1,770	1,770
Diluted Shares Outstanding	1,770	1,770	1,770	1,770	1,770	1,770
Shares Change (YoY)	0.01%	0.01%	-0.01%	-	-	0.02%
EPS (Basic)	6.25	4.30	3.41	3.09	2.50	2.80
EPS (Diluted)	6.25	4.30	3.41	3.09	2.50	2.80
EPS Growth	47.62%	26.13%	10.40%	23.68%	-10.76%	-10.75%
Dividend Per Share	0.909	0.909	0.634	0.590	0.749	0.523
Dividend Growth	43.35%	43.35%	7.49%	-21.25%	43.33%	-
Effective Tax Rate	38.46%	35.47%	33.84%	32.67%	36.22%	38.90%

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