Société Arabe Internationale de Banque S.A.E (EGX: SAIB)

SAIB Income Statement

Financials in millions USD. 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	434.43	404.04	379.73	398.58	399.2	495.47
Interest Income on Investments	0.63	0.83	0.57	0.46	0.86	1
Total Interest Income	435.05	404.87	380.3	399.04	400.06	496.48
Interest Paid on Deposits	290.68	260.55	236.55	266.38	273.75	401.22
Net Interest Income	144.38	144.31	143.74	132.66	126.31	95.26
Net Interest Income Growth (YoY)	2.34%	0.40%	8.35%	5.03%	32.60%	25.09%
Income From Trading Activities	3.25	6.65	10.97	6.34	6.61	4.86
Gain (Loss) on Sale of Assets	0.2	0.28	0.36	-	0.19	4.02
Gain (Loss) on Sale of Investments	0.18	0.38	1.63	6.96	1.98	2.6
Other Non-Interest Income	22.04	17.83	22.01	19.22	16.77	26.29
Total Non-Interest Income	25.67	25.15	34.96	32.52	25.55	37.76
Non-Interest Income Growth (YoY)	2.01%	-28.08%	7.53%	27.26%	-32.34%	40.74%
Revenues Before Loan Losses	170.05	169.46	178.71	165.18	151.86	133.02
Provision for Loan Losses	19.17	24.99	27.68	19.99	8.25	-0.31
Revenue	150.88	144.47	151.03	145.18	143.61	133.33
Revenue Growth (YoY)	13.16%	-4.34%	4.02%	1.09%	7.71%	34.59%
Selling, General & Administrative	87.86	93.1	99.04	100.21	90.19	79.38
Other Non-Interest Expense	4.19	-0.26	1.09	-1.27	2.34	2.53
Total Non-Interest Expense	93.25	93.14	102.61	96.19	92.56	82.03
EBT Excluding Unusual Items	57.63	51.33	48.41	49	51.05	51.3
Legal Settlements	-0.03	-0.03	-0.02	-0.1	2.25	-2.28
Pretax Income	57.6	51.3	48.4	48.9	53.3	49.02
Income Tax Expense	18.94	20.14	18.24	28.96	32.86	37.91
Net Income	38.66	31.16	30.15	19.93	20.44	11.11
Preferred Dividends & Other Adjustments	7.83	7.83	7.3	4.86	4.88	3.89
Net Income to Common	30.83	23.33	22.86	15.07	15.56	7.22
Net Income Growth	70.14%	3.32%	51.28%	-2.49%	84.01%	-
Basic Shares Outstanding	-	33	33	33	33	33
Diluted Shares Outstanding	-	33	33	33	33	33
EPS (Basic)	-	0.70	0.69	0.46	0.47	0.22
EPS (Diluted)	-	0.70	0.69	0.46	0.47	0.22
EPS Growth	-	2.05%	51.65%	-3.15%	115.59%	-
Dividend Per Share	0.500	0.500	-	-	-	-
Effective Tax Rate	32.88%	39.27%	37.69%	59.24%	61.65%	77.34%

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