Bank of Ireland Group plc (ISE: BIRG)

Bank of Ireland Group Income Statement

Financials in millions EUR. 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	5,906	5,413	2,772	2,398	2,321	2,350
Interest Income on Investments	1,010	916	378	372	387	408
Total Interest Income	6,916	6,329	3,150	2,770	2,708	2,758
Interest Paid on Deposits	3,179	2,622	663	543	619	593
Net Interest Income	3,737	3,707	2,487	2,227	2,089	2,165
Net Interest Income Growth (YoY)	16.34%	49.06%	11.67%	6.61%	-3.51%	1.45%
Income From Trading Activities	135	65	34	111	26	121
Gain (Loss) on Sale of Assets	-5	-5	1	2	13	-25
Gain (Loss) on Sale of Investments	1,426	1,238	-1,200	16	7	3
Other Non-Interest Income	-761	-491	1,822	635	523	614
Total Non-Interest Income	795	807	657	764	569	713
Non-Interest Income Growth (YoY)	0.25%	22.83%	-14.01%	34.27%	-20.20%	6.42%
Revenues Before Loan Losses	4,532	4,514	3,144	2,991	2,658	2,878
Provision for Loan Losses	316	425	187	-194	1,133	214
Revenue	4,216	4,089	2,957	3,185	1,525	2,664
Revenue Growth (YoY)	13.73%	38.28%	-7.16%	108.85%	-42.76%	-6.39%
Salaries and Employee Benefits	961	924	812	815	826	855
Occupancy Expenses	59	64	55	74	98	107
Amortization of Goodwill & Intangibles	190	168	152	150	164	193
Selling, General & Administrative	778	764	758	687	618	625
Other Non-Interest Expense	171	170	142	130	181	225
Total Non-Interest Expense	2,128	2,065	1,879	1,851	1,891	1,966
EBT Excluding Unusual Items	2,088	2,024	1,078	1,334	-366	698
Asset Writedown	-36	-44	-50	-3	-140	-
Other Unusual Items	-26	-22	-	-	-	-
Pretax Income	1,993	1,938	1,011	1,221	-760	639
Income Tax Expense	368	337	153	166	-53	196
Earnings From Continuing Operations	1,625	1,601	858	1,055	-707	443
Minority Interest in Earnings	-2	-6	-8	-7	-35	-
Net Income	1,623	1,595	850	1,048	-742	443
Preferred Dividends & Other Adjustments	85	109	69	68	35	-
Net Income to Common	1,538	1,486	781	980	-777	443
Net Income Growth	15.11%	87.65%	-18.89%	-	-	-28.55%
Basic Shares Outstanding	1,049	1,061	1,071	1,075	1,073	1,075
Diluted Shares Outstanding	1,049	1,061	1,071	1,075	1,073	1,075
Shares Change (YoY)	-1.78%	-0.93%	-0.37%	0.19%	-0.19%	-
EPS (Basic)	1.47	1.40	0.73	0.91	-0.72	0.41
EPS (Diluted)	1.47	1.40	0.73	0.91	-0.72	0.41
EPS Growth	19.08%	92.12%	-20.03%	-	-	-28.55%
Dividend Per Share	0.950	0.600	0.210	0.050	-	-
Dividend Growth	352.38%	185.71%	320.00%	-	-	-
Effective Tax Rate	18.46%	17.39%	15.13%	13.60%	-	30.67%

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