Trust Bank Income Statement

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

Millions GMD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	1,334	1,125	819.88	666.31	529.81
Interest Paid on Deposits	240.09	177.86	102.66	46.8	84.13
Net Interest Income	1,093	946.79	717.23	619.51	445.68
Net Interest Income Growth (YoY)	15.49%	32.01%	15.77%	39.01%	5.63%
Income From Trading Activities	30.73	39.59	54.74	87.28	57.32
Gain (Loss) on Sale of Assets	-	0.59	0.5	0.84	3.36
Gain (Loss) on Sale of Investments	-	2.91	-	-	-
Other Non-Interest Income	266.94	324.99	296.59	244.3	171.88
Total Non-Interest Income	297.68	368.08	351.82	332.41	232.57
Non-Interest Income Growth (YoY)	-19.13%	4.62%	5.84%	42.93%	18.13%
Revenues Before Loan Losses	1,391	1,315	1,069	951.93	678.24
Provision for Loan Losses	8.77	62.41	52.98	36.99	0.18
Revenue	1,382	1,252	1,016	914.93	678.06
Revenue Growth (YoY)	10.37%	23.27%	11.05%	34.93%	10.38%
Salaries and Employee Benefits	400.61	363.79	285.63	253.6	207.8
Occupancy Expenses	101.6	94.81	78.57	75.65	75.16
Selling, General & Administrative	-	29.76	12.74	11.06	6.31
Other Non-Interest Expense	381.65	300.87	275.12	227.91	209.34
Total Non-Interest Expense	883.86	789.22	652.06	568.22	498.61
EBT Excluding Unusual Items	498.53	463.24	364.01	346.72	179.45
Pretax Income	498.53	463.24	364.01	346.72	179.45
Income Tax Expense	134.6	123.19	105.1	98.16	36.03
Earnings From Continuing Operations	363.93	340.05	258.91	248.56	143.42
Minority Interest in Earnings	-	-	-	-	9.73
Net Income	363.93	340.05	258.91	248.56	153.16
Preferred Dividends & Other Adjustments	-	-	-	0.31	3.57
Net Income to Common	363.93	340.05	258.91	248.25	149.59
Net Income Growth	7.02%	31.34%	4.16%	62.29%	39.29%
Basic Shares Outstanding	400	200	200	200	200
Diluted Shares Outstanding	400	200	200	200	200
Shares Change (YoY)	99.96%	-	-	-	-
EPS (Basic)	0.91	1.70	1.29	1.24	0.75
EPS (Diluted)	0.91	1.70	1.29	0.75	0.75
EPS Growth	-46.47%	31.78%	72.48%	-	48.42%
Dividend Per Share	-	0.850	0.750	0.750	0.550
Dividend Growth	-	13.33%	-	36.36%	37.50%
Effective Tax Rate	27.00%	26.59%	28.87%	28.31%	20.08%

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