Saigon - Hanoi Commercial Joint Stock Bank (HOSE: SHB)

SHB 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	49,326,647	57,589,391	40,773,670	35,606,329	31,287,120	27,682,704
Total Interest Income	49,326,647	57,589,391	40,773,670	35,606,329	31,287,120	27,682,704
Interest Paid on Deposits	31,570,449	38,304,038	23,223,586	20,035,980	21,353,921	19,852,265
Net Interest Income	17,756,198	19,285,353	17,550,084	15,570,349	9,933,199	7,830,439
Net Interest Income Growth (YoY)	-4.98%	9.89%	12.71%	56.75%	26.85%	40.94%
Income From Trading Activities	-35,112	27,981	92,641	-	1,293,111	-
Gain (Loss) on Sale of Assets	-	-	-	-	533	2,114
Gain (Loss) on Sale of Investments	11,122	11,122	-	988,410	-	465,075
Other Non-Interest Income	1,787,737	2,003,941	1,698,257	1,594,259	980,568	1,092,334
Total Non-Interest Income	1,763,747	2,043,044	1,790,898	2,582,669	2,274,212	1,559,523
Non-Interest Income Growth (YoY)	-5.77%	14.08%	-30.66%	13.56%	45.83%	30.87%
Revenues Before Loan Losses	19,519,945	21,328,397	19,340,982	18,153,018	12,207,411	9,389,962
Provision for Loan Losses	5,060,366	7,037,837	5,260,021	7,487,035	4,569,270	2,410,964
Revenue	14,459,579	14,290,560	14,080,961	10,665,983	7,638,141	6,978,998
Revenue Growth (YoY)	1.27%	1.49%	32.02%	39.64%	9.44%	31.12%
Salaries and Employee Benefits	2,451,795	2,945,499	2,790,873	3,048,550	-	-
Occupancy Expenses	595,184	579,886	498,674	458,863	-	-
Federal Deposit Insurance	489,397	428,201	319,172	289,121	-	-
Selling, General & Administrative	1,082,497	1,035,554	654,084	567,205	-	-
Other Non-Interest Expense	63,093	62,399	128,790	42,202	4,370,141	3,952,658
Total Non-Interest Expense	4,681,966	5,051,539	4,391,593	4,405,941	4,370,141	3,952,658
EBT Excluding Unusual Items	9,777,613	9,239,021	9,689,368	6,260,042	3,268,000	3,026,340
Pretax Income	9,777,613	9,239,021	9,689,368	6,260,042	3,268,000	3,026,340
Income Tax Expense	2,109,753	1,914,263	1,960,450	1,252,881	660,988	608,450
Earnings From Continuing Operations	7,667,860	7,324,758	7,728,918	5,007,161	2,607,012	2,417,890
Net Income	7,667,860	7,324,758	7,728,918	5,007,161	2,607,012	2,417,890
Preferred Dividends & Other Adjustments	-	-	105,000	-	-	143,853
Net Income to Common	7,667,860	7,324,758	7,623,918	5,007,161	2,607,012	2,274,037
Net Income Growth	3.72%	-5.23%	54.36%	92.07%	7.82%	44.58%
Basic Shares Outstanding	3,662	3,619	3,619	3,277	3,133	2,399
Diluted Shares Outstanding	3,662	3,619	3,619	3,277	3,133	2,399
Shares Change (YoY)	1.20%	-	10.42%	4.63%	30.56%	-0.00%
EPS (Basic)	2093.66	2024.03	2106.69	1527.75	832.25	947.83
EPS (Diluted)	2093.66	2024.03	2106.69	1527.75	832.25	947.83
EPS Growth	3.96%	-3.92%	37.90%	83.57%	-12.19%	35.98%
Dividend Per Share	500.000	500.000	-	-	-	-
Effective Tax Rate	21.58%	20.72%	20.23%	20.01%	20.23%	20.11%

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