United Commercial Bank PLC (DSE: UCB)

United Commercial Bank 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	52,939	38,527	32,302	27,985	27,691	31,337
Interest Paid on Deposits	30,840	22,239	17,087	14,167	17,892	20,269
Net Interest Income	22,099	16,288	15,214	13,818	9,799	11,068
Net Interest Income Growth (YoY)	42.24%	7.06%	10.10%	41.02%	-11.46%	16.79%
Gain (Loss) on Sale of Assets	-0.01	-0.01	-2.3	-5.12	-	-
Gain (Loss) on Sale of Investments	-461.27	-52.46	-646.37	244.59	441.82	-686.4
Other Non-Interest Income	17,723	14,732	15,033	12,507	11,292	10,147
Total Non-Interest Income	17,262	14,679	14,385	12,747	11,733	9,461
Non-Interest Income Growth (YoY)	19.73%	2.05%	12.85%	8.64%	24.02%	0.04%
Revenues Before Loan Losses	39,361	30,968	29,599	26,565	21,532	20,528
Provision for Loan Losses	9,489	3,793	5,516	4,391	2,148	2,674
Revenue	29,872	27,175	24,083	22,174	19,384	17,854
Revenue Growth (YoY)	12.22%	12.84%	8.61%	14.39%	8.57%	13.18%
Salaries and Employee Benefits	10,005	9,280	8,422	7,736	6,560	6,048
Occupancy Expenses	3,054	2,701	2,377	2,094	1,926	1,951
Selling, General & Administrative	4,062	4,073	3,758	3,413	2,491	2,021
Other Non-Interest Expense	6,518	6,084	3,994	3,646	3,164	2,668
Total Non-Interest Expense	23,639	22,138	18,550	16,890	14,141	12,687
EBT Excluding Unusual Items	6,233	5,037	5,533	5,283	5,244	5,167
Asset Writedown	-	-	-	-0.1	-	-
Pretax Income	6,233	5,037	5,533	5,283	5,244	5,167
Income Tax Expense	3,486	2,840	2,234	2,776	2,295	2,309
Earnings From Continuing Operations	2,747	2,198	3,299	2,507	2,949	2,858
Minority Interest in Earnings	-0	-0	0	-0	-0	-0
Net Income	2,747	2,198	3,299	2,507	2,949	2,858
Net Income to Common	2,747	2,198	3,299	2,507	2,949	2,858
Net Income Growth	-11.99%	-33.38%	31.57%	-14.98%	3.19%	14.21%
Basic Shares Outstanding	1,516	1,516	1,516	1,550	1,550	1,549
Diluted Shares Outstanding	1,516	1,516	1,516	1,550	1,550	1,549
Shares Change (YoY)	3.93%	-	-2.24%	-0.00%	0.12%	-0.12%
EPS (Basic)	1.81	1.45	2.18	1.62	1.90	1.85
EPS (Diluted)	1.81	1.45	2.18	1.62	1.90	1.85
EPS Growth	-15.32%	-33.38%	34.59%	-14.98%	3.06%	14.34%
Dividend Per Share	0.476	0.476	0.454	-	0.393	0.393
Dividend Growth	5.01%	5.01%	-	-	0%	-
Effective Tax Rate	55.93%	56.37%	40.38%	52.55%	43.76%	44.69%

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