PT Bank Sinarmas Tbk (FRA:08S)

PT Bank Sinarmas Tbk Income Statement

Financials in millions IDR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	3,247,737	3,788,903	3,515,811	3,298,457	3,317,979	3,300,261
Interest Paid on Deposits	1,163,589	1,190,095	892,492	765,810	902,182	1,112,057
Net Interest Income	2,084,148	2,598,808	2,623,319	2,532,647	2,415,797	2,188,204
Net Interest Income Growth (YoY)	-20.76%	-0.93%	3.58%	4.84%	10.40%	-1.01%
Gain (Loss) on Sale of Assets	-652	690	694	443	621	311
Gain (Loss) on Sale of Investments	244,413	151,879	59,816	29,388	183,738	374,947
Other Non-Interest Income	670,931	625,850	520,968	622,817	720,061	676,557
Total Non-Interest Income	914,692	778,419	581,478	652,648	904,420	1,051,815
Non-Interest Income Growth (YoY)	25.18%	33.87%	-10.90%	-27.84%	-14.01%	2.54%
Revenues Before Loan Losses	2,998,840	3,377,227	3,204,797	3,185,295	3,320,217	3,240,019
Provision for Loan Losses	17,208	43,538	895,494	599,193	832,151	1,366,010
Revenue	2,981,632	3,333,689	2,309,303	2,586,102	2,488,066	1,874,009
Revenue Growth (YoY)	10.28%	44.36%	-10.70%	3.94%	32.77%	54.68%
Salaries and Employee Benefits	1,436,491	1,282,509	1,018,965	903,294	761,502	758,862
Occupancy Expenses	294,547	295,164	267,244	250,324	252,403	245,687
Selling, General & Administrative	1,452,642	1,456,772	1,196,199	1,129,748	1,147,080	1,125,180
Other Non-Interest Expense	67,520	55,796	83,355	132,908	187,620	263,241
Total Non-Interest Expense	3,251,200	3,090,241	2,565,763	2,416,274	2,348,605	2,392,970
EBT Excluding Unusual Items	-269,568	243,448	-256,460	169,828	139,461	-518,961
Asset Writedown	684,453	197,863	123,067	88,705	-39	-134
Other Unusual Items	-839	-2,495	-6,695	-152	-483	-219
Pretax Income	448,899	438,816	73,578	277,211	159,518	116,600
Income Tax Expense	64,535	68,679	-2,218	56,051	31,770	-1,922
Earnings From Continuing Operations	384,364	370,137	75,796	221,160	127,748	118,522
Minority Interest in Earnings	-71,760	-79,292	-	-	-	-
Net Income	312,604	290,845	75,796	221,160	127,748	118,522
Net Income to Common	312,604	290,845	75,796	221,160	127,748	118,522
Net Income Growth	270.18%	283.72%	-65.73%	73.12%	7.78%	1655.36%
Basic Shares Outstanding	19,716	19,716	19,716	19,716	19,642	17,425
Diluted Shares Outstanding	19,716	19,716	19,716	19,716	19,642	19,754
Shares Change (YoY)	-	-	-	0.38%	-0.57%	-0.53%
EPS (Basic)	15.86	14.75	3.84	11.22	6.50	6.80
EPS (Diluted)	15.86	14.75	3.84	11.22	6.50	6.00
EPS Growth	270.18%	283.72%	-65.73%	72.47%	8.40%	1664.71%
Effective Tax Rate	14.38%	15.65%	-	20.22%	19.92%	-

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