Scotia Group Jamaica Limited (JMSE:SGJ)

Scotia Group Jamaica Income Statement

Financials in millions JMD. Fiscal year is November - October.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Interest Income on Loans	52,065	38,081	32,597	24,847	20,653
Interest Income on Investments	-	10,263	8,240	6,357	3,915
Total Interest Income	52,065	48,345	40,837	31,204	24,568
Interest Paid on Deposits	2,056	2,040	1,380	579.79	1,856
Net Interest Income	50,010	46,304	39,457	30,624	22,711
Net Interest Income Growth (YoY)	8.00%	17.35%	28.84%	34.84%	-8.63%
Gain (Loss) on Sale of Assets	-	216.48	159.95	290.1	6.51
Gain (Loss) on Sale of Investments	526.54	417.03	312.51	-142.19	604.43
Other Non-Interest Income	17,060	16,338	15,535	11,731	16,341
Total Non-Interest Income	17,587	16,972	16,007	11,879	16,952
Non-Interest Income Growth (YoY)	3.62%	6.02%	34.75%	-29.92%	-5.86%
Revenues Before Loan Losses	67,596	63,276	55,464	42,503	39,663
Provision for Loan Losses	2,884	4,157	2,396	3,057	2,809
Revenue	64,712	59,119	53,068	39,446	36,854
Revenue Growth (YoY)	9.46%	11.40%	34.53%	7.03%	-0.45%
Salaries and Employee Benefits	14,884	11,773	11,080	9,806	9,438
Occupancy Expenses	3,123	2,791	2,459	2,475	2,332
Amortization of Goodwill & Intangibles	20.95	20.95	24.87	119.65	97.67
Selling, General & Administrative	-	720.55	768.89	503.58	357.11
Other Non-Interest Expense	16,966	14,110	13,295	11,805	12,914
Total Non-Interest Expense	34,993	29,415	27,628	24,709	25,139
EBT Excluding Unusual Items	29,718	29,704	25,440	14,737	11,715
Other Unusual Items	-	-	-	629.03	953.78
Pretax Income	29,718	29,704	25,440	15,366	12,669
Income Tax Expense	9,817	9,546	8,212	5,046	4,030
Earnings From Continuing Operations	19,901	20,158	17,229	10,320	8,639
Net Income	19,901	20,158	17,229	10,320	8,639
Net Income to Common	19,901	20,158	17,229	10,320	8,639
Net Income Growth	-1.27%	17.00%	66.95%	19.46%	-4.57%
Basic Shares Outstanding	3,110	3,112	3,112	3,112	3,112
Diluted Shares Outstanding	3,110	3,112	3,112	3,112	3,112
Shares Change (YoY)	-0.06%	-	-	-	-
EPS (Basic)	6.40	6.48	5.54	3.32	2.78
EPS (Diluted)	6.40	6.48	5.54	3.32	2.78
EPS Growth	-1.21%	17.00%	66.95%	19.46%	-4.57%
Dividend Per Share	1.800	1.700	1.400	1.400	1.450
Dividend Growth	5.88%	21.43%	-	-3.45%	-6.45%
Effective Tax Rate	33.03%	32.14%	32.28%	32.84%	31.81%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.