Qatar National Bank (EGX: QNBE)

Qatar National Bank Income Statement

Financials in millions EGP. 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	110,950	77,224	44,001	32,133	30,738	32,373
Interest Income on Investments	168.16	85.13	56.57	46.38	35.19	49.61
Total Interest Income	111,118	77,309	44,057	32,180	30,773	32,422
Interest Paid on Deposits	71,895	46,340	24,032	16,793	16,101	18,620
Net Interest Income	39,223	30,969	20,025	15,386	14,673	13,803
Net Interest Income Growth (YoY)	40.38%	54.65%	30.15%	4.86%	6.30%	24.17%
Income From Trading Activities	701.14	632.5	464.27	118.87	111.94	119.75
Gain (Loss) on Sale of Assets	5.14	10.08	0.78	13.12	8.16	2.9
Gain (Loss) on Sale of Investments	241.73	88.1	69.21	8.34	6.49	6.65
Other Non-Interest Income	5,053	3,948	2,449	2,030	1,803	1,972
Total Non-Interest Income	6,001	4,678	2,983	2,170	1,929	2,101
Non-Interest Income Growth (YoY)	32.80%	56.85%	37.44%	12.50%	-8.18%	1.25%
Revenues Before Loan Losses	45,225	35,648	23,008	17,557	16,602	15,904
Provision for Loan Losses	5,707	5,673	3,726	2,273	2,137	697.16
Revenue	39,517	29,975	19,282	15,284	14,465	15,206
Revenue Growth (YoY)	43.32%	55.46%	26.16%	5.66%	-4.88%	20.11%
Salaries and Employee Benefits	3,435	2,807	2,282	1,965	1,826	-
Occupancy Expenses	507.04	478.76	443.42	398.98	335.25	-
Selling, General & Administrative	3,491	2,916	2,567	1,956	1,677	3,630
Other Non-Interest Expense	-4,347	-1,214	-1,457	-164.08	-189.31	94.61
Total Non-Interest Expense	3,086	4,987	3,835	4,156	3,648	3,724
EBT Excluding Unusual Items	36,432	24,987	15,447	11,128	10,817	11,482
Asset Writedown	-0.23	-38.83	38.62	9.99	-247.1	-25.95
Legal Settlements	-26.79	-26.79	5.6	-2.78	-1.48	-12.44
Pretax Income	36,405	24,922	15,491	11,135	10,568	11,444
Income Tax Expense	12,639	8,693	5,141	3,508	3,077	2,922
Earnings From Continuing Operations	23,765	16,228	10,350	7,627	7,492	8,522
Minority Interest in Earnings	-0	-0	-0	-0	0.01	-0
Net Income	23,765	16,228	10,350	7,627	7,492	8,522
Preferred Dividends & Other Adjustments	2,892	2,067	1,295	937.68	848.08	1,050
Net Income to Common	20,873	14,161	9,055	6,689	6,643	7,473
Net Income Growth	52.90%	56.79%	35.72%	1.80%	-12.09%	18.35%
Basic Shares Outstanding	2,155	2,155	2,155	2,155	2,155	2,155
Diluted Shares Outstanding	2,155	2,155	2,155	2,155	2,155	2,155
Shares Change (YoY)	-	-	-	-	-	-0.00%
EPS (Basic)	9.69	6.57	4.20	3.10	3.08	3.47
EPS (Diluted)	9.69	6.57	4.20	3.10	3.08	3.47
EPS Growth	54.06%	56.38%	35.38%	0.68%	-11.10%	20.29%
Dividend Per Share	-	-	0.750	0.750	-	-
Effective Tax Rate	34.72%	34.88%	33.19%	31.51%	29.11%	25.53%

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