Joint Stock Commercial Bank for Investment and Development of Vietnam (HOSE:BID)

HOSE:BID Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	138,288,436	152,761,316	121,000,733	101,007,908	100,687,502
Interest Paid on Deposits	80,280,836	96,625,750	65,041,035	54,184,600	64,890,703
Net Interest Income	58,007,600	56,135,566	55,959,698	46,823,308	35,796,799
Net Interest Income Growth (YoY)	3.33%	0.31%	19.51%	30.80%	-0.50%
Income From Trading Activities	5,185,914	3,177,136	226,803	793,672	1,994,805
Gain (Loss) on Sale of Equity Investments	419,638	251,630	236,176	169,791	126,806
Other Non-Interest Income	17,446,863	13,448,685	13,056,902	14,707,118	12,118,734
Total Non-Interest Income	23,052,415	16,877,451	13,519,881	15,670,581	14,240,345
Non-Interest Income Growth (YoY)	36.59%	24.83%	-13.72%	10.04%	17.27%
Revenues Before Loan Losses	81,060,015	73,013,017	69,479,579	62,493,889	50,037,144
Provision for Loan Losses	21,886,528	20,343,515	23,842,333	29,480,917	23,317,941
Revenue	59,173,487	52,669,502	45,637,246	33,012,972	26,719,203
Revenue Growth (YoY)	12.35%	15.41%	38.24%	23.55%	-4.54%
Salaries and Employee Benefits	15,823,599	14,478,077	12,837,265	11,428,468	10,117,321
Occupancy Expenses	4,564,412	1,293,399	1,057,839	1,222,703	980,093
Federal Deposit Insurance	1,317,494	-	-	-	-
Selling, General & Administrative	5,999,241	-	-	-	-
Other Non-Interest Expense	85,700	9,309,122	8,819,493	6,814,150	6,595,546
Total Non-Interest Expense	27,790,446	25,080,598	22,714,597	19,465,321	17,692,960
EBT Excluding Unusual Items	31,383,041	27,588,904	22,922,649	13,547,651	9,026,243
Pretax Income	31,383,041	27,588,904	22,922,649	13,547,651	9,026,243
Income Tax Expense	6,261,302	5,611,763	4,574,125	2,706,380	1,802,678
Earnings From Continuing Operations	25,121,739	21,977,141	18,348,524	10,841,271	7,223,565
Minority Interest in Earnings	-463,486	-472,223	-262,612	-301,133	-226,943
Net Income	24,658,253	21,504,918	18,085,912	10,540,138	6,996,622
Preferred Dividends & Other Adjustments	-	2,614,380	2,701,584	1,806,861	1,915,641
Net Income to Common	24,658,253	18,890,538	15,384,328	8,733,277	5,080,981
Net Income Growth	14.66%	18.90%	71.59%	50.65%	-16.39%
Basic Shares Outstanding	6,898	6,897	6,897	6,898	6,898
Diluted Shares Outstanding	6,898	6,897	6,897	6,898	6,898
Shares Change (YoY)	0.01%	-	-0.02%	-	14.56%
EPS (Basic)	3574.94	2738.95	2230.58	1266.02	736.57
EPS (Diluted)	3574.94	2738.95	2230.58	1266.02	736.57
EPS Growth	30.52%	22.79%	76.19%	71.88%	-32.42%
Dividend Per Share	-	-	-	-	116.621
Dividend Growth	-	-	-	-	-75.00%
Effective Tax Rate	19.95%	20.34%	19.96%	19.98%	19.97%

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