Vietnam International Commercial Joint Stock Bank (HOSE: VIB)

HOSE: VIB 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	31,607,821	35,567,669	27,509,339	20,975,011	17,437,106	13,861,218
Interest Paid on Deposits	15,398,810	18,207,116	12,546,784	9,158,864	8,940,999	7,648,003
Net Interest Income	16,209,011	17,360,553	14,962,555	11,816,147	8,496,107	6,213,215
Net Interest Income Growth (YoY)	-8.63%	16.03%	26.63%	39.08%	36.74%	29.09%
Income From Trading Activities	-	-	-	196,796	25,240	37,147
Gain (Loss) on Sale of Investments	133,409	129,730	-175,878	899	7,543	-8,992
Other Non-Interest Income	4,793,756	4,670,210	3,271,126	2,877,960	2,694,167	1,901,720
Total Non-Interest Income	4,927,165	4,799,940	3,095,248	3,075,655	2,726,950	1,929,875
Non-Interest Income Growth (YoY)	50.90%	55.07%	0.64%	12.79%	41.30%	56.16%
Revenues Before Loan Losses	21,136,176	22,160,493	18,057,803	14,891,802	11,223,057	8,143,090
Provision for Loan Losses	4,923,624	4,845,805	1,279,609	1,647,142	947,635	632,725
Revenue	16,212,552	17,314,688	16,778,194	13,244,660	10,275,422	7,510,365
Revenue Growth (YoY)	-7.35%	3.20%	26.68%	28.90%	36.82%	39.20%
Salaries and Employee Benefits	4,717,455	4,350,225	4,082,383	3,593,892	3,232,366	2,276,053
Occupancy Expenses	1,405,261	1,290,219	1,210,368	942,461	702,733	620,637
Federal Deposit Insurance	233,640	203,686	176,203	158,915	130,767	93,967
Selling, General & Administrative	811,875	708,544	669,316	499,743	-	-
Other Non-Interest Expense	61,882	58,069	58,809	38,637	406,549	437,451
Total Non-Interest Expense	7,230,113	6,610,743	6,197,079	5,233,648	4,472,415	3,428,108
EBT Excluding Unusual Items	8,982,439	10,703,945	10,581,115	8,011,012	5,803,007	4,082,257
Pretax Income	8,982,439	10,703,945	10,581,115	8,011,012	5,803,007	4,082,257
Income Tax Expense	1,796,522	2,140,892	2,112,348	1,601,262	1,160,673	815,855
Net Income	7,185,917	8,563,053	8,468,767	6,409,750	4,642,334	3,266,402
Preferred Dividends & Other Adjustments	100,000	110,717	100,000	92,954	98,164	66,719
Net Income to Common	7,085,917	8,452,336	8,368,767	6,316,796	4,544,170	3,199,683
Net Income Growth	-19.05%	1.11%	32.12%	38.07%	42.12%	47.43%
Basic Shares Outstanding	2,968	2,968	2,968	2,959	2,944	2,944
Diluted Shares Outstanding	2,968	2,968	2,968	2,959	2,944	2,944
Shares Change (YoY)	-0.28%	-	0.30%	0.52%	-	66.71%
EPS (Basic)	2387.39	2847.76	2819.60	2134.65	1543.63	1086.91
EPS (Diluted)	2387.39	2847.76	2819.60	2134.65	1543.63	1086.91
EPS Growth	-18.95%	1.00%	32.09%	38.29%	42.02%	-11.58%
Dividend Per Share	555.556	1068.376	356.125	-	-	-
Dividend Growth	-36.07%	200.00%	-	-	-	-
Effective Tax Rate	20.00%	20.00%	19.96%	19.99%	20.00%	19.99%

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