Republic Bank (Ghana) PLC (GHSE:RBGH)

Republic Bank (Ghana) Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,245	1,202	975.43	625.16	482.67	468.23
Interest Paid on Deposits	547.9	552.12	417.87	232.23	179.42	197
Net Interest Income	697.04	650.15	557.56	392.92	303.25	271.23
Net Interest Income Growth (YoY)	13.59%	16.61%	41.90%	29.57%	11.81%	16.43%
Income From Trading Activities	64.08	49.92	55.22	34.01	27.85	20.3
Gain (Loss) on Sale of Assets	1.14	1.14	0.08	0.73	2.29	-0.01
Gain (Loss) on Sale of Investments	6.32	5.33	-3.05	4.69	4.09	5.34
Other Non-Interest Income	172.37	162.62	139.27	118.75	88.53	81.25
Total Non-Interest Income	243.91	219.02	191.52	158.18	122.75	106.88
Non-Interest Income Growth (YoY)	26.20%	14.36%	21.08%	28.86%	14.85%	-2.84%
Revenues Before Loan Losses	940.95	869.17	749.08	551.1	426.01	378.11
Provision for Loan Losses	21.5	31.61	66.09	241.61	20.45	48.16
Revenue	919.45	837.56	682.99	309.5	405.56	329.95
Revenue Growth (YoY)	26.18%	22.63%	120.68%	-23.69%	22.92%	1.89%
Salaries and Employee Benefits	303.29	283.41	233.73	186.37	152.68	144.98
Occupancy Expenses	49.32	43.56	34.8	26.93	22.86	21.46
Selling, General & Administrative	14.93	14.9	11.82	12.64	11.19	7.86
Other Non-Interest Expense	216.91	198.09	174.36	99.41	92.97	72.77
Total Non-Interest Expense	584.44	539.96	454.71	325.36	279.7	247.07
EBT Excluding Unusual Items	335.01	297.6	228.28	-15.86	125.86	82.88
Pretax Income	335.01	297.6	228.28	-15.86	125.86	82.88
Income Tax Expense	96.69	86.92	83.24	45.27	35.98	26.34
Earnings From Continuing Operations	238.32	210.68	145.03	-61.13	89.88	56.54
Minority Interest in Earnings	-10.27	-8.81	-5.01	-2.55	-1.64	-0.12
Net Income	228.06	201.87	140.03	-63.68	88.24	56.41
Net Income to Common	228.06	201.87	140.03	-63.68	88.24	56.41
Net Income Growth	52.62%	44.16%	-	-	56.41%	-27.93%
Basic Shares Outstanding	-	852	852	852	852	852
Diluted Shares Outstanding	-	852	852	852	852	852
EPS (Basic)	-	0.24	0.16	-0.07	0.10	0.07
EPS (Diluted)	-	0.24	0.16	-0.07	0.10	0.07
EPS Growth	-	44.14%	-	-	56.45%	-27.95%
Effective Tax Rate	28.86%	29.21%	36.47%	-	28.59%	31.79%

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