Vietnam Joint Stock Commercial Bank for Industry and Trade (HOSE:CTG)

HOSE:CTG Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	126,192,932	124,460,685	132,671,737	104,664,634	84,628,302	83,676,516
Interest Paid on Deposits	63,489,159	62,057,891	79,714,259	56,872,679	42,839,837	48,096,888
Net Interest Income	62,703,773	62,402,794	52,957,478	47,791,955	41,788,465	35,579,628
Net Interest Income Growth (YoY)	13.05%	17.84%	10.81%	14.37%	17.45%	7.17%
Income From Trading Activities	3,727	-196,215	138,505	-142,347	719,729	962,225
Gain (Loss) on Sale of Assets	12,517	12,517	7,881	14,663	4,494	54,448
Gain (Loss) on Sale of Investments	197,122	-	-	-	-	-
Gain (Loss) on Sale of Equity Investments	433,890	370,109	194,931	424,508	393,611	456,977
Other Non-Interest Income	19,944,148	19,319,478	17,249,370	16,028,397	10,250,333	8,304,181
Total Non-Interest Income	20,591,404	19,505,889	17,590,687	16,325,221	11,368,167	9,777,831
Non-Interest Income Growth (YoY)	20.20%	10.89%	7.75%	43.60%	16.27%	33.57%
Revenues Before Loan Losses	83,295,177	81,908,683	70,548,165	64,117,176	53,156,632	45,357,459
Provision for Loan Losses	27,660,632	27,598,829	25,115,141	23,790,589	18,381,626	12,168,215
Revenue	55,634,545	54,309,854	45,433,024	40,326,587	34,775,006	33,189,244
Revenue Growth (YoY)	20.54%	19.54%	12.66%	15.96%	4.78%	20.62%
Salaries and Employee Benefits	13,425,272	12,987,140	11,636,246	11,086,985	10,013,309	9,261,722
Occupancy Expenses	2,921,478	2,862,498	2,715,410	2,691,964	2,903,591	2,530,639
Federal Deposit Insurance	1,155,965	1,121,094	985,905	880,010	772,469	722,082
Selling, General & Administrative	5,256,124	5,102,696	4,883,219	4,208,269	3,376,171	3,236,311
Other Non-Interest Expense	498,865	472,501	222,719	327,486	120,310	318,674
Total Non-Interest Expense	23,257,704	22,545,929	20,443,499	19,194,714	17,185,850	16,069,428
EBT Excluding Unusual Items	32,376,841	31,763,925	24,989,525	21,131,873	17,589,156	17,119,816
Pretax Income	32,376,841	31,763,925	24,989,525	21,131,873	17,589,156	17,119,816
Income Tax Expense	6,397,411	6,281,358	4,944,903	4,148,228	3,373,814	3,334,608
Earnings From Continuing Operations	25,979,430	25,482,567	20,044,622	16,983,645	14,215,342	13,785,208
Minority Interest in Earnings	-171,150	-134,352	-141,072	-59,920	-126,582	-65,006
Net Income	25,808,280	25,348,215	19,903,550	16,923,725	14,088,760	13,720,202
Preferred Dividends & Other Adjustments	-	-	2,718,159	2,409,538	2,026,475	1,803,677
Net Income to Common	25,808,280	25,348,215	17,185,391	14,514,187	12,062,285	11,916,525
Net Income Growth	28.68%	27.36%	17.61%	20.12%	2.69%	45.01%
Basic Shares Outstanding	5,370	5,370	5,370	5,370	5,370	5,370
Diluted Shares Outstanding	5,370	5,370	5,370	5,370	5,370	5,370
Shares Change (YoY)	-	-	-	-	-0.00%	-
EPS (Basic)	4806.02	4720.35	3200.26	2702.83	2246.23	2219.07
EPS (Diluted)	4806.02	4720.35	3200.26	2702.83	2246.23	2219.07
EPS Growth	48.85%	47.50%	18.40%	20.33%	1.22%	62.83%
Dividend Per Share	-	-	-	-	-	554.692
Dividend Growth	-	-	-	-	-	60.00%
Effective Tax Rate	19.76%	19.78%	19.79%	19.63%	19.18%	19.48%

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