Capitec Bank Holdings Limited (JSE: CPI)

Capitec Bank Holdings Income Statement

Financials in millions ZAR. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 31, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Interest Income on Loans	27,265	25,118	20,783	17,454	16,544	17,041
Interest Income on Investments	706.53	687.53	415.92	-	-	-
Total Interest Income	27,972	25,806	21,199	17,454	16,544	17,041
Interest Paid on Deposits	9,876	9,342	6,993	4,838	4,984	5,680
Net Interest Income	18,096	16,464	14,207	12,616	11,560	11,361
Net Interest Income Growth (YoY)	17.80%	15.89%	12.60%	9.14%	1.75%	3.37%
Gain (Loss) on Sale of Assets	-22.29	-22.29	-7.07	-87.09	-10.74	-46.53
Gain (Loss) on Sale of Investments	27	-	-	-	-122.2	-
Other Non-Interest Income	21,635	19,579	15,545	14,345	11,445	9,769
Total Non-Interest Income	21,640	19,557	15,538	14,258	11,312	9,723
Non-Interest Income Growth (YoY)	24.51%	25.86%	8.98%	26.04%	16.34%	21.27%
Revenues Before Loan Losses	39,736	36,021	29,745	26,874	22,872	21,084
Provision for Loan Losses	7,996	8,725	6,329	3,508	7,825	4,474
Revenue	31,739	27,295	23,415	23,366	15,047	16,611
Revenue Growth (YoY)	29.07%	16.57%	0.21%	55.29%	-9.41%	14.09%
Salaries and Employee Benefits	7,177	7,177	6,228	7,418	4,593	4,266
Occupancy Expenses	1,214	1,214	1,010	1,001	1,001	932.75
Amortization of Goodwill & Intangibles	152.92	152.92	140.97	223.5	241.27	195.12
Selling, General & Administrative	3,070	3,070	2,543	1,988	1,659	1,487
Other Non-Interest Expense	4,310	2,304	1,948	1,838	1,866	1,582
Total Non-Interest Expense	15,875	13,847	11,772	12,432	9,459	8,545
EBT Excluding Unusual Items	15,864	13,448	11,643	10,935	5,588	8,066
Pretax Income	15,864	13,448	11,643	10,935	5,588	8,056
Income Tax Expense	3,568	2,881	2,492	2,408	1,130	1,805
Net Income	12,294	10,567	9,151	8,527	4,458	6,251
Preferred Dividends & Other Adjustments	5.46	5.46	4.48	3.92	6.36	7.79
Net Income to Common	12,288	10,561	9,147	8,523	4,452	6,243
Net Income Growth	29.10%	15.47%	7.32%	91.27%	-28.68%	18.05%
Basic Shares Outstanding	115	115	115	116	116	116
Diluted Shares Outstanding	116	116	116	116	116	116
Shares Change (YoY)	0.16%	-0.02%	-0.16%	0.09%	-0.09%	-0.05%
EPS (Basic)	106.54	91.56	79.33	73.71	38.50	54.00
EPS (Diluted)	106.31	91.37	79.11	73.60	38.48	53.91
EPS Growth	28.94%	15.50%	7.49%	91.27%	-28.62%	18.17%
Dividend Per Share	54.300	48.750	42.000	36.400	16.000	7.550
Dividend Growth	25.40%	16.07%	15.38%	127.50%	111.92%	-56.86%
Effective Tax Rate	22.49%	21.42%	21.40%	22.02%	20.22%	22.41%

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