JSE:AMC009 Income Statement

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	153,233	158,127	146,279	99,748	73,840
Interest Paid on Deposits	94,321	100,544	91,724	52,837	33,034
Net Interest Income	58,912	57,583	54,555	46,911	40,806
Net Interest Income Growth (YoY)	2.31%	5.55%	16.30%	14.96%	3.38%
Income From Trading Activities	11,729	9,667	9,847	8,590	6,765
Gain (Loss) on Sale of Assets	-22	-33	62	6	-61
Gain (Loss) on Sale of Investments	-29	-51	684	755	69
Other Non-Interest Income	31,310	28,760	28,165	26,118	24,736
Total Non-Interest Income	42,988	38,343	38,758	35,469	31,509
Non-Interest Income Growth (YoY)	12.11%	-1.07%	9.27%	12.57%	18.45%
Revenues Before Loan Losses	101,900	95,926	93,313	82,380	72,315
Provision for Loan Losses	10,928	11,624	13,256	9,897	7,814
Revenue	90,972	84,302	80,057	72,483	64,501
Revenue Growth (YoY)	7.91%	5.30%	10.45%	12.38%	31.69%
Selling, General & Administrative	3,574	3,330	3,350	3,224	1,450
Other Non-Interest Expense	55,050	52,546	50,686	44,619	43,331
Total Non-Interest Expense	63,558	59,702	58,256	50,010	46,315
EBT Excluding Unusual Items	27,414	24,600	21,801	22,473	18,186
Asset Writedown	-13	-177	-	-382	-19
Pretax Income	27,401	24,417	21,801	22,091	18,167
Income Tax Expense	5,869	4,726	4,105	4,846	3,620
Earnings From Continuing Operations	21,532	19,691	17,696	17,245	14,547
Minority Interest in Earnings	10	-1	-2	-6	-10
Net Income	21,542	19,690	17,694	17,239	14,537
Preferred Dividends & Other Adjustments	1,674	1,485	915	1,216	1,716
Net Income to Common	19,868	18,205	16,779	16,023	12,821
Net Income Growth	9.41%	11.28%	2.64%	18.59%	293.21%
Basic Shares Outstanding	60	60	60	60	60
Diluted Shares Outstanding	60	60	60	60	60
EPS (Basic)	331.15	303.43	279.66	267.06	213.69
EPS (Diluted)	331.15	303.43	279.66	267.06	213.69
EPS Growth	9.13%	8.50%	4.72%	24.98%	404.17%
Dividend Per Share	118.340	250.010	183.330	163.340	198.340
Dividend Growth	-52.67%	36.37%	12.24%	-17.65%	284.38%
Effective Tax Rate	21.42%	19.36%	18.83%	21.94%	19.93%

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