PT Bank Ganesha Tbk (IDX: BGTG)

PT Bank Ganesha Tbk Income Statement

Financials in millions IDR. 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	697,506	592,752	433,413	317,228	354,870	400,308
Interest Paid on Deposits	230,288	140,825	111,692	135,705	183,947	208,315
Net Interest Income	467,218	451,927	321,721	181,523	170,923	191,993
Net Interest Income Growth (YoY)	7.25%	40.47%	77.23%	6.20%	-10.97%	-10.73%
Gain (Loss) on Sale of Assets	1,696	1,091	149	536	96	8
Gain (Loss) on Sale of Investments	12,839	7,336	4,447	6,845	14,339	10,388
Other Non-Interest Income	46,415	44,552	38,775	34,815	33,331	26,923
Total Non-Interest Income	60,950	52,979	43,371	42,196	47,766	37,319
Non-Interest Income Growth (YoY)	17.95%	22.15%	2.78%	-11.66%	27.99%	-3.08%
Revenues Before Loan Losses	528,168	504,906	365,092	223,719	218,689	229,312
Provision for Loan Losses	50,622	140,998	114,048	51,852	58,098	61,182
Revenue	477,546	363,908	251,044	171,867	160,591	168,130
Revenue Growth (YoY)	60.06%	44.96%	46.07%	7.02%	-4.48%	-1.68%
Salaries and Employee Benefits	178,592	157,027	104,630	89,829	93,424	92,555
Federal Deposit Insurance	9,443	10,208	16,130	10,249	7,336	6,780
Selling, General & Administrative	62,062	59,594	54,908	46,801	46,996	47,881
Other Non-Interest Expense	5,667	4,932	6,419	4,421	4,445	3,970
Total Non-Interest Expense	257,505	234,929	188,485	155,813	154,983	153,604
EBT Excluding Unusual Items	220,041	128,979	62,559	16,054	5,608	14,526
Asset Writedown	-7,826	-195	-5,135	-1,403	-606	-
Pretax Income	212,215	128,784	57,424	14,651	5,002	14,526
Income Tax Expense	40,671	24,819	11,381	3,785	1,804	2,685
Net Income	171,544	103,965	46,043	10,866	3,198	11,841
Net Income to Common	171,544	103,965	46,043	10,866	3,198	11,841
Net Income Growth	118.60%	125.80%	323.73%	239.77%	-72.99%	111.45%
Basic Shares Outstanding	20,724	20,724	16,252	11,175	11,175	11,175
Diluted Shares Outstanding	20,724	20,724	16,252	11,175	11,175	11,175
Shares Change (YoY)	-8.94%	27.52%	45.43%	-	-	-
EPS (Basic)	8.28	5.02	2.83	0.97	0.29	1.06
EPS (Diluted)	8.26	5.00	2.80	0.97	0.29	1.06
EPS Growth	141.41%	78.57%	188.66%	238.96%	-72.99%	111.92%
Effective Tax Rate	19.16%	19.27%	19.82%	25.83%	36.07%	18.48%

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