Trust Bank Limited (GHSE:TBL)

Trust Bank Income Statement

Financials in millions GMD. 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	1,280	1,125	819.88	666.31	529.81	527.51
Interest Paid on Deposits	243.63	177.86	102.66	46.8	84.13	105.61
Net Interest Income	1,037	946.79	717.23	619.51	445.68	421.91
Net Interest Income Growth (YoY)	-	32.01%	15.77%	39.01%	5.63%	4.82%
Income From Trading Activities	40.01	39.59	54.74	87.28	57.32	77.1
Gain (Loss) on Sale of Assets	0.59	0.59	0.5	0.84	3.36	0.58
Gain (Loss) on Sale of Investments	2.91	2.91	-	-	-	-
Other Non-Interest Income	332.66	324.99	296.59	244.3	171.88	119.21
Total Non-Interest Income	376.18	368.08	351.82	332.41	232.57	196.88
Non-Interest Income Growth (YoY)	-	4.62%	5.84%	42.93%	18.13%	2.58%
Revenues Before Loan Losses	1,413	1,315	1,069	951.93	678.24	618.79
Provision for Loan Losses	-24.26	62.41	52.98	36.99	0.18	4.48
Revenue	1,437	1,252	1,016	914.93	678.06	614.31
Revenue Growth (YoY)	-	23.27%	11.05%	34.93%	10.38%	1.42%
Salaries and Employee Benefits	374.52	363.79	285.63	253.6	207.8	199.4
Occupancy Expenses	95.88	94.81	78.57	75.65	75.16	71.51
Selling, General & Administrative	29.76	29.76	12.74	11.06	6.31	4.47
Other Non-Interest Expense	333.29	300.87	275.12	227.91	209.34	182.73
Total Non-Interest Expense	833.45	789.22	652.06	568.22	498.61	458.11
EBT Excluding Unusual Items	603.65	463.24	364.01	346.72	179.45	156.19
Pretax Income	603.65	463.24	364.01	346.72	179.45	156.19
Income Tax Expense	161.1	123.19	105.1	98.16	36.03	46.46
Earnings From Continuing Operations	442.56	340.05	258.91	248.56	143.42	109.74
Minority Interest in Earnings	-	-	-	-	9.73	0.22
Net Income	442.56	340.05	258.91	248.56	153.16	109.96
Preferred Dividends & Other Adjustments	-	-	-	0.31	3.57	-
Net Income to Common	442.56	340.05	258.91	248.25	149.59	109.96
Net Income Growth	-	31.34%	4.16%	62.29%	39.29%	9.12%
Basic Shares Outstanding	203	200	200	200	200	200
Diluted Shares Outstanding	203	200	200	200	200	200
EPS (Basic)	2.19	1.70	1.29	1.24	0.75	0.55
EPS (Diluted)	2.19	1.70	1.29	0.75	0.75	0.50
EPS Growth	-	31.78%	72.48%	-	48.42%	0.79%
Dividend Per Share	-	0.850	0.750	0.750	0.550	0.400
Dividend Growth	-	13.33%	-	36.36%	37.50%	-
Effective Tax Rate	26.69%	26.59%	28.87%	28.31%	20.08%	29.74%

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