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

BID Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	139,315,281	152,761,316	121,000,733	101,007,908	100,687,502	100,747,225
Interest Paid on Deposits	82,077,345	96,625,750	65,041,035	54,184,600	64,890,703	64,769,417
Net Interest Income	57,237,936	56,135,566	55,959,698	46,823,308	35,796,799	35,977,808
Net Interest Income Growth (YoY)	2.77%	0.31%	19.51%	30.80%	-0.50%	3.62%
Income From Trading Activities	3,067,166	3,177,136	226,803	793,672	1,994,805	806,746
Gain (Loss) on Sale of Equity Investments	346,961	251,630	236,176	169,791	126,806	187,919
Other Non-Interest Income	14,593,221	13,448,685	13,056,902	14,707,118	12,118,734	11,148,767
Total Non-Interest Income	18,007,348	16,877,451	13,519,881	15,670,581	14,240,345	12,143,432
Non-Interest Income Growth (YoY)	25.97%	24.83%	-13.72%	10.04%	17.27%	27.35%
Revenues Before Loan Losses	75,245,284	73,013,017	69,479,579	62,493,889	50,037,144	48,121,240
Provision for Loan Losses	19,133,548	20,343,515	23,842,333	29,480,917	23,317,941	20,131,916
Revenue	56,111,736	52,669,502	45,637,246	33,012,972	26,719,203	27,989,324
Revenue Growth (YoY)	12.22%	15.41%	38.24%	23.56%	-4.54%	10.16%
Salaries and Employee Benefits	14,864,802	14,478,077	12,837,265	11,428,468	10,117,321	9,722,449
Occupancy Expenses	1,540,769	1,293,399	1,057,839	1,222,703	980,093	1,023,773
Selling, General & Administrative	426,681	-	-	-	-	-
Other Non-Interest Expense	9,294,822	9,309,122	8,819,493	6,814,150	6,595,546	6,510,893
Total Non-Interest Expense	26,239,107	25,080,598	22,714,597	19,465,321	17,692,960	17,257,115
EBT Excluding Unusual Items	29,872,629	27,588,904	22,922,649	13,547,651	9,026,243	10,732,209
Pretax Income	29,872,629	27,588,904	22,922,649	13,547,651	9,026,243	10,732,209
Income Tax Expense	6,074,687	5,611,763	4,574,125	2,706,380	1,802,678	2,184,452
Earnings From Continuing Operations	23,797,942	21,977,141	18,348,524	10,841,271	7,223,565	8,547,757
Minority Interest in Earnings	-440,598	-472,223	-262,612	-301,133	-226,943	-179,266
Net Income	23,357,344	21,504,918	18,085,912	10,540,138	6,996,622	8,368,491
Preferred Dividends & Other Adjustments	2,614,380	2,614,380	2,701,584	1,806,861	1,915,641	1,805,921
Net Income to Common	20,742,964	18,890,538	15,384,328	8,733,277	5,080,981	6,562,570
Net Income Growth	19.44%	18.90%	71.59%	50.65%	-16.39%	14.84%
Basic Shares Outstanding	5,700	5,700	5,700	5,701	5,701	4,976
Diluted Shares Outstanding	5,700	5,700	5,700	5,701	5,701	4,976
Shares Change (YoY)	-0.00%	-	-0.02%	-	14.57%	2.72%
EPS (Basic)	3638.84	3314.13	2699.00	1531.89	891.25	1318.79
EPS (Diluted)	3638.84	3314.13	2699.00	1531.89	891.25	1318.79
EPS Growth	23.07%	22.79%	76.19%	71.88%	-32.42%	15.85%
Dividend Per Share	-	-	-	-	141.112	564.447
Dividend Growth	-	-	-	-	-75.00%	14.29%
Effective Tax Rate	20.34%	20.34%	19.95%	19.98%	19.97%	20.35%

Source: S&P Capital IQ. Banks template. Financial Sources.