JSE:AMC009 Income Statement

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	158,127	146,279	99,748	73,840	80,983
Interest Paid on Deposits	100,544	91,724	52,837	33,034	41,511
Net Interest Income	57,583	54,555	46,911	40,806	39,472
Net Interest Income Growth (YoY)	5.55%	16.30%	14.96%	3.38%	-5.07%
Income From Trading Activities	9,667	9,847	8,590	6,765	5,157
Gain (Loss) on Sale of Assets	-33	62	6	-61	6
Gain (Loss) on Sale of Investments	-51	684	755	69	-989
Other Non-Interest Income	28,760	28,165	26,118	24,736	22,428
Total Non-Interest Income	38,343	38,758	35,469	31,509	26,602
Non-Interest Income Growth (YoY)	-1.07%	9.27%	12.57%	18.45%	-8.93%
Revenues Before Loan Losses	95,926	93,313	82,380	72,315	66,074
Provision for Loan Losses	11,624	13,256	9,897	7,814	17,095
Revenue	84,302	80,057	72,483	64,501	48,979
Revenue Growth (YoY)	5.30%	10.45%	12.38%	31.69%	-24.73%
Selling, General & Administrative	3,330	3,350	3,224	1,450	1,469
Other Non-Interest Expense	52,546	50,686	44,619	43,331	41,275
Total Non-Interest Expense	59,702	58,256	50,010	46,315	43,162
EBT Excluding Unusual Items	24,600	21,801	22,473	18,186	5,817
Asset Writedown	-177	-	-382	-19	-3,039
Pretax Income	24,417	21,801	22,091	18,167	2,778
Income Tax Expense	4,726	4,105	4,846	3,620	-924
Earnings From Continuing Operations	19,691	17,696	17,245	14,547	3,702
Minority Interest in Earnings	-1	-2	-6	-10	-5
Net Income	19,690	17,694	17,239	14,537	3,697
Preferred Dividends & Other Adjustments	1,485	915	1,216	1,716	1,154
Net Income to Common	18,205	16,779	16,023	12,821	2,543
Net Income Growth	11.28%	2.64%	18.59%	293.21%	-78.07%
Basic Shares Outstanding	60	60	60	60	60
Diluted Shares Outstanding	60	60	60	60	60
EPS (Basic)	303.43	279.66	267.06	213.69	42.39
EPS (Diluted)	303.43	279.66	267.06	213.69	42.39
EPS Growth	8.50%	4.72%	24.98%	404.17%	-84.49%
Dividend Per Share	250.010	183.330	163.340	198.340	51.600
Dividend Growth	36.37%	12.24%	-17.65%	284.38%	-72.26%
Effective Tax Rate	19.36%	18.83%	21.94%	19.93%	-

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