Tien Phong Commercial Joint Stock Bank (HOSE: TPB)

TPB 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	27,048,772	28,562,417	21,811,015	17,426,817	14,828,235	11,850,763
Interest Paid on Deposits	13,791,875	16,134,589	10,424,418	7,480,768	7,209,178	6,217,441
Net Interest Income	13,256,897	12,427,828	11,386,597	9,946,049	7,619,057	5,633,322
Net Interest Income Growth (YoY)	16.74%	9.14%	14.48%	30.54%	35.25%	28.68%
Income From Trading Activities	1,015,140	855,841	426,255	1,409,742	710,680	910,692
Gain (Loss) on Sale of Assets	463	484	588	166	1	265
Other Non-Interest Income	3,309,204	2,952,604	3,803,749	2,161,451	2,039,451	1,871,602
Total Non-Interest Income	4,324,807	3,808,929	4,230,592	3,571,359	2,750,132	2,782,559
Non-Interest Income Growth (YoY)	18.51%	-9.97%	18.46%	29.86%	-1.17%	122.78%
Revenues Before Loan Losses	17,581,704	16,236,757	15,617,189	13,517,408	10,369,189	8,415,881
Provision for Loan Losses	5,393,079	3,946,265	1,843,644	2,908,490	1,783,373	1,297,949
Revenue	12,188,625	12,290,492	13,773,545	10,608,918	8,585,816	7,117,932
Revenue Growth (YoY)	-12.18%	-10.77%	29.83%	23.56%	20.62%	39.45%
Salaries and Employee Benefits	3,507,491	3,787,673	3,201,585	2,537,952	2,254,907	1,816,921
Occupancy Expenses	335,525	345,553	310,816	257,062	211,559	147,218
Federal Deposit Insurance	13,415	-	-	-	-	-
Selling, General & Administrative	274,302	448,834	482,924	324,029	368,316	256,130
Other Non-Interest Expense	2,119,889	2,119,473	1,949,932	1,451,653	1,362,511	1,083,056
Total Non-Interest Expense	6,250,622	6,701,533	5,945,257	4,570,696	4,197,293	3,303,325
EBT Excluding Unusual Items	5,938,003	5,588,959	7,828,288	6,038,222	4,388,523	3,814,607
Other Unusual Items	133	-	-	-	-	53,582
Pretax Income	5,938,136	5,588,959	7,828,288	6,038,222	4,388,523	3,868,189
Income Tax Expense	1,195,802	1,125,634	1,567,544	1,209,043	878,334	774,347
Net Income	4,742,335	4,463,325	6,260,744	4,829,179	3,510,189	3,093,842
Preferred Dividends & Other Adjustments	-	-	5,000	5,000	5,000	5,000
Net Income to Common	4,742,335	4,463,325	6,255,744	4,824,179	3,505,189	3,088,842
Net Income Growth	-20.13%	-28.71%	29.64%	37.58%	13.46%	71.38%
Basic Shares Outstanding	2,642	2,642	2,642	2,494	2,359	2,299
Diluted Shares Outstanding	2,642	2,642	2,642	2,494	2,359	2,299
Shares Change (YoY)	-	-	5.93%	5.74%	2.62%	5.43%
EPS (Basic)	1795.00	1689.40	2367.84	1934.26	1486.05	1343.79
EPS (Diluted)	1795.00	1689.40	2367.84	1934.26	1486.05	1343.79
EPS Growth	-20.06%	-28.65%	22.42%	30.16%	10.59%	62.96%
Dividend Per Share	416.667	416.667	1496.755	-	-	-
Dividend Growth	-72.16%	-72.16%	-	-	-	-
Effective Tax Rate	20.14%	20.14%	20.02%	20.02%	20.01%	20.02%

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