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	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	124,449,608	132,671,737	104,664,634	84,628,302	83,676,516
Interest Paid on Deposits	62,046,815	79,714,259	56,872,679	42,839,837	48,096,888
Net Interest Income	62,402,793	52,957,478	47,791,955	41,788,465	35,579,628
Net Interest Income Growth (YoY)	17.84%	10.81%	14.37%	17.45%	7.17%
Income From Trading Activities	-239,963	138,505	-142,347	719,729	962,225
Gain (Loss) on Sale of Assets	-	7,881	14,663	4,494	54,448
Gain (Loss) on Sale of Equity Investments	370,109	194,931	424,508	393,611	456,977
Other Non-Interest Income	19,375,944	17,249,370	16,028,397	10,250,333	8,304,181
Total Non-Interest Income	19,506,090	17,590,687	16,325,221	11,368,167	9,777,831
Non-Interest Income Growth (YoY)	10.89%	7.75%	43.60%	16.26%	33.57%
Revenues Before Loan Losses	81,908,883	70,548,165	64,117,176	53,156,632	45,357,459
Provision for Loan Losses	27,598,829	25,115,141	23,790,589	18,381,626	12,168,215
Revenue	54,310,054	45,433,024	40,326,587	34,775,006	33,189,244
Revenue Growth (YoY)	19.54%	12.66%	15.96%	4.78%	20.62%
Salaries and Employee Benefits	17,872,668	11,636,246	11,086,985	10,013,309	9,261,722
Occupancy Expenses	2,862,498	2,715,410	2,691,964	2,903,591	2,530,639
Federal Deposit Insurance	1,121,094	985,905	880,010	772,469	722,082
Selling, General & Administrative	222,973	4,883,219	4,208,269	3,376,171	3,236,311
Other Non-Interest Expense	472,501	222,719	327,486	120,310	318,674
Total Non-Interest Expense	22,551,734	20,443,499	19,194,714	17,185,850	16,069,428
EBT Excluding Unusual Items	31,758,320	24,989,525	21,131,873	17,589,156	17,119,816
Pretax Income	31,758,320	24,989,525	21,131,873	17,589,156	17,119,816
Income Tax Expense	6,283,311	4,944,903	4,148,228	3,373,814	3,334,608
Earnings From Continuing Operations	25,475,009	20,044,622	16,983,645	14,215,342	13,785,208
Minority Interest in Earnings	-133,495	-141,072	-59,920	-126,582	-65,006
Net Income	25,341,514	19,903,550	16,923,725	14,088,760	13,720,202
Preferred Dividends & Other Adjustments	-	-	2,409,538	2,026,475	1,803,677
Net Income to Common	25,341,514	19,903,550	14,514,187	12,062,285	11,916,525
Net Income Growth	27.32%	17.61%	20.12%	2.69%	45.01%
Basic Shares Outstanding	5,370	5,370	5,370	5,370	5,370
Diluted Shares Outstanding	5,370	5,370	5,370	5,370	5,370
Shares Change (YoY)	-	-	-0.00%	-0.00%	-
EPS (Basic)	4719.10	3706.44	2702.83	2246.23	2219.07
EPS (Diluted)	4719.10	3706.44	2702.83	2246.23	2219.07
EPS Growth	27.32%	37.13%	20.33%	1.22%	62.83%
Dividend Per Share	-	-	-	-	554.692
Dividend Growth	-	-	-	-	60.00%
Effective Tax Rate	19.78%	19.79%	19.63%	19.18%	19.48%

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