Societe Generale Ghana PLC (GHSE:SOGEGH)

Societe Generale 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	1,445	1,357	1,089	659.5	510.99	519.46
Interest Paid on Deposits	236.84	234.15	215.49	134.93	109.99	114.25
Net Interest Income	1,208	1,123	873.41	524.57	401	405.21
Net Interest Income Growth (YoY)	19.11%	28.58%	66.50%	30.81%	-1.04%	10.77%
Income From Trading Activities	104.15	59.93	103.59	95.73	40.79	41.66
Gain (Loss) on Sale of Assets	0.44	0.44	-	-	-	-
Other Non-Interest Income	140.55	272.12	260.83	181.28	194.5	102.07
Total Non-Interest Income	245.14	332.48	364.42	277.02	235.29	143.73
Non-Interest Income Growth (YoY)	-20.51%	-8.76%	31.55%	17.73%	63.70%	0.34%
Revenues Before Loan Losses	1,453	1,456	1,238	801.58	636.29	548.95
Provision for Loan Losses	-20.37	103.27	99.21	284.74	33.41	33.35
Revenue	1,473	1,352	1,139	516.84	602.89	515.6
Revenue Growth (YoY)	22.06%	18.77%	120.30%	-14.27%	16.93%	13.53%
Salaries and Employee Benefits	265.21	244.69	216.59	171.62	131.6	124.08
Occupancy Expenses	99.6	71.06	53.99	39.43	34.81	33.59
Selling, General & Administrative	8.46	8.46	8.33	2.82	4.51	2.09
Other Non-Interest Expense	146.79	189.68	198.11	134.59	146.09	129.59
Total Non-Interest Expense	520.07	513.88	477.03	348.46	317	289.36
EBT Excluding Unusual Items	953.41	838.4	661.59	168.38	285.89	226.24
Pretax Income	953.41	838.4	661.59	168.38	281.97	221.63
Income Tax Expense	324.82	287.1	236.79	59.54	97.64	67.42
Earnings From Continuing Operations	628.58	551.3	424.8	108.84	184.33	154.21
Net Income	628.58	551.3	424.8	108.84	184.33	154.21
Net Income to Common	628.58	551.3	424.8	108.84	184.33	154.21
Net Income Growth	44.76%	29.78%	290.30%	-40.95%	19.53%	19.97%
Basic Shares Outstanding	-	709	709	709	709	709
Diluted Shares Outstanding	-	709	709	709	709	709
EPS (Basic)	-	0.78	0.60	0.15	0.26	0.22
EPS (Diluted)	-	0.78	0.60	0.15	0.26	0.22
EPS Growth	-	29.72%	291.51%	-41.14%	19.79%	20.56%
Dividend Per Share	-	-	-	-	0.068	-
Effective Tax Rate	34.07%	34.24%	35.79%	35.36%	34.63%	30.42%

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.