Orient Commercial Joint Stock Bank (HOSE: OCB)

OCB Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2010
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2010
Interest Income on Loans	17,300,353	18,126,741	14,067,732	11,720,101	10,793,397	1,683,535
Interest Paid on Deposits	10,215,931	11,361,222	7,120,149	5,954,516	5,811,686	1,054,954
Net Interest Income	7,084,422	6,765,518	6,947,583	5,765,585	4,981,711	628,581
Net Interest Income Growth (YoY)	-0.84%	-2.62%	20.50%	15.74%	692.53%	32.71%
Income From Trading Activities	902.56	1,496	-77,265	123,818	130,769	2,587
Gain (Loss) on Sale of Investments	224,721	646,562	-140,196	1,744,619	1,751,951	11,389
Other Non-Interest Income	1,734,733	1,524,550	1,803,450	1,285,131	1,148,436	59,615
Total Non-Interest Income	1,960,356	2,172,608	1,585,988	3,153,568	3,031,156	73,591
Non-Interest Income Growth (YoY)	-3.35%	36.99%	-49.71%	4.04%	4018.90%	18.87%
Revenues Before Loan Losses	9,044,779	8,938,127	8,533,571	8,919,153	8,012,867	702,172
Provision for Loan Losses	1,778,479	1,627,225	1,067,461	997,677	1,263,439	18,508
Revenue	7,266,300	7,310,901	7,466,110	7,921,477	6,749,427	683,665
Revenue Growth (YoY)	-11.33%	-2.08%	-5.75%	17.37%	887.24%	37.52%
Salaries and Employee Benefits	2,182,065	1,939,839	2,030,006	1,584,031	1,550,209	137,121
Occupancy Expenses	534,599	496,478	411,792	374,599	354,535	24,468
Federal Deposit Insurance	109,215	98,377	77,091	70,935	64,275	-
Selling, General & Administrative	744,988	633,347	552,496	371,504	358,847	-
Other Non-Interest Expense	3,111	3,384	5,418	1,855	2,253	119,722
Total Non-Interest Expense	3,573,978	3,171,425	3,076,802	2,402,924	2,330,119	281,311
EBT Excluding Unusual Items	3,692,321	4,139,476	4,389,308	5,518,553	4,419,309	402,353
Pretax Income	3,692,321	4,139,476	4,389,308	5,518,553	4,419,309	402,353
Income Tax Expense	765,813	836,173	879,590	1,113,594	884,537	97,867
Net Income	2,926,508	3,303,303	3,509,718	4,404,959	3,534,772	304,486
Preferred Dividends & Other Adjustments	-9,990	28,080	39,839	42,488	35,058	-
Net Income to Common	2,936,499	3,275,223	3,469,879	4,362,471	3,499,715	304,486
Net Income Growth	-29.76%	-5.88%	-20.32%	24.62%	1060.90%	47.67%
Basic Shares Outstanding	2,466	2,466	2,466	2,466	2,251	467
Diluted Shares Outstanding	2,466	2,466	2,466	2,466	2,251	467
Shares Change (YoY)	-	-	-	9.53%	382.39%	40.39%
EPS (Basic)	1190.90	1328.27	1407.21	1769.20	1554.62	652.47
EPS (Diluted)	1190.90	1328.27	1407.21	1769.20	1554.62	652.47
EPS Growth	-28.87%	-5.61%	-20.46%	13.80%	138.27%	5.19%
Effective Tax Rate	20.74%	20.20%	20.04%	20.18%	20.02%	24.32%

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