Suez Canal Bank (S.A.E) (EGX:CANA)

Suez Canal Bank (S.A.E) Income Statement

Financials in millions EGP. 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	22,617	18,381	9,883	5,643	4,283	4,288
Interest Income on Investments	60.28	59.7	31.61	27.49	10.76	11.77
Total Interest Income	22,678	18,441	9,914	5,671	4,294	4,300
Interest Paid on Deposits	16,487	12,840	6,640	3,753	2,759	2,735
Net Interest Income	6,191	5,600	3,275	1,918	1,535	1,565
Net Interest Income Growth (YoY)	70.44%	71.03%	70.75%	24.93%	-1.90%	23.63%
Income From Trading Activities	445.61	578.5	360.44	171.18	136.51	132.77
Gain (Loss) on Sale of Assets	4.21	1.96	2.47	1.4	-14	7.84
Gain (Loss) on Sale of Investments	2,804	2,573	1,768	961.19	112.55	189.34
Gain (Loss) on Sale of Equity Investments	15.64	29.47	20.51	63.9	58.96	24.82
Other Non-Interest Income	1,116	979.91	660.68	296.25	188.71	194.21
Total Non-Interest Income	4,386	4,163	2,812	1,494	482.73	548.98
Non-Interest Income Growth (YoY)	57.03%	48.05%	88.23%	209.47%	-12.07%	-4.74%
Revenues Before Loan Losses	10,576	9,764	6,087	3,412	2,018	2,114
Provision for Loan Losses	397.62	534.88	954.29	243.7	31.16	190.94
Revenue	10,179	9,229	5,132	3,168	1,987	1,923
Revenue Growth (YoY)	80.77%	79.82%	62.00%	59.46%	3.32%	12.51%
Salaries and Employee Benefits	1,364	1,186	857.29	-	-	594.25
Selling, General & Administrative	1,313	1,134	675.94	1,210	1,031	360.11
Other Non-Interest Expense	-787.62	-374.04	213.39	324.56	-93.7	-63
Total Non-Interest Expense	1,889	1,946	1,747	1,535	936.95	891.37
EBT Excluding Unusual Items	8,290	7,283	3,386	1,633	1,050	1,031
Pretax Income	8,290	7,283	3,386	1,633	1,050	1,031
Income Tax Expense	1,909	1,602	1,092	592.99	445.05	429.8
Net Income	6,381	5,681	2,293	1,040	604.68	601.66
Preferred Dividends & Other Adjustments	762.82	677.81	273.61	129.57	71.38	56.2
Net Income to Common	5,618	5,003	2,020	910.47	533.29	545.47
Net Income Growth	140.44%	147.73%	120.51%	72.00%	0.50%	10.97%
Basic Shares Outstanding	650	650	650	650	650	650
Diluted Shares Outstanding	650	650	650	650	650	650
Shares Change (YoY)	-	-	-	-0.00%	-	-
EPS (Basic)	8.64	7.70	3.11	1.40	0.82	0.84
EPS (Diluted)	8.64	7.70	3.11	1.40	0.82	0.84
EPS Growth	140.37%	147.73%	121.84%	70.73%	-2.23%	10.43%
Effective Tax Rate	23.03%	21.99%	32.26%	36.31%	42.40%	41.67%

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