Bank for Investment and Development of Vietnam Insurance Joint Stock Corporation (HOSE:BIC)

HOSE:BIC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	4,034,310	3,948,009	3,988,870	3,354,203	2,408,967	1,939,249
Total Interest & Dividend Income	368,062	368,062	328,525	378,823	262,457	245,676
Gain (Loss) on Sale of Investments	164,674	164,674	53,091	3,726	71,020	68,091
Other Revenue	355,998	338,297	275,969	275,857	246,933	215,821
Total Revenue	4,923,043	4,819,042	4,646,455	4,012,609	2,989,377	2,468,838
Revenue Growth (YoY)	3.85%	3.71%	15.80%	34.23%	21.08%	14.16%
Policy Benefits	1,258,613	1,189,926	971,804	916,946	803,069	555,720
Policy Acquisition & Underwriting Costs	616,238	601,998	671,156	563,783	369,979	280,559
Depreciation & Amortization	11,291	11,291	10,032	8,953	8,347	6,705
Selling, General & Administrative	259,598	311,031	299,929	247,509	194,328	153,699
Provision for Bad Debts	-20,687	-20,687	2,570	7,110	-2,828	-7,269
Other Operating Expenses	1,637,514	1,557,208	1,460,841	1,293,082	926,061	680,480
Total Operating Expenses	4,235,089	4,123,289	3,985,864	3,450,065	2,612,958	1,975,418
Operating Income	687,954	695,753	660,590	562,544	376,419	493,420
Interest Expense	-15,661	-16,527	-5,302	-4.23	-33.02	-87.42
Currency Exchange Gain (Loss)	-4,826	-4,826	-2,886	10,684	20,548	8,238
Other Non Operating Income (Expenses)	-63,760	4,254	210.28	818.46	167.88	65.94
EBT Excluding Unusual Items	603,707	678,655	652,613	574,042	397,102	501,636
Gain (Loss) on Sale of Assets	274.49	274.49	190.28	9.37	11.89	5.96
Pretax Income	603,981	678,929	652,803	574,052	397,113	501,642
Income Tax Expense	118,081	128,398	151,753	118,011	76,226	101,947
Earnings From Continuing Ops.	485,900	550,531	501,050	456,041	320,888	399,695
Minority Interest in Earnings	-10,117	-7,864	-5,241	-6,255	-6,719	-4,729
Net Income	475,784	542,667	495,809	449,786	314,169	394,966
Preferred Dividends & Other Adjustments	-	-	-	132,771	98,737	71,237
Net Income to Common	475,784	542,667	495,809	317,016	215,432	323,729
Net Income Growth	-12.34%	9.45%	10.23%	43.17%	-20.46%	34.22%
Shares Outstanding (Basic)	221	202	202	202	202	202
Shares Outstanding (Diluted)	221	202	202	202	202	202
Shares Change (YoY)	9.61%	-0.00%	-	-	-	-
EPS (Basic)	2148.01	2685.58	2453.67	1568.86	1066.14	1602.08
EPS (Diluted)	2148.01	2685.58	2453.67	1568.86	1066.14	1602.08
EPS Growth	-20.03%	9.45%	56.40%	47.15%	-33.45%	24.70%
Free Cash Flow	442,170	305,355	330,143	412,986	415,711	250,973
Free Cash Flow Per Share	1996.26	1511.16	1633.82	2043.80	2057.28	1242.02
Dividend Per Share	-	-	870.575	870.575	754.498	870.575
Dividend Growth	-	-	-	15.38%	-13.33%	25.00%
Operating Margin	13.97%	14.44%	14.22%	14.02%	12.59%	19.99%
Profit Margin	9.66%	11.26%	10.67%	7.90%	7.21%	13.11%
Free Cash Flow Margin	8.98%	6.34%	7.11%	10.29%	13.91%	10.17%
EBITDA	699,677	707,043	670,623	571,497	384,766	500,124
EBITDA Margin	14.21%	14.67%	14.43%	14.24%	12.87%	20.26%
D&A For EBITDA	11,723	11,290	10,032	8,953	8,347	6,705
EBIT	687,954	695,753	660,590	562,544	376,419	493,420
EBIT Margin	13.97%	14.44%	14.22%	14.02%	12.59%	19.99%
Effective Tax Rate	19.55%	18.91%	23.25%	20.56%	19.20%	20.32%
Revenue as Reported	4,390,307	4,286,306	4,264,839	3,630,060	2,655,900	2,155,070

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