ForteBank Joint Stock Company (KASE:ASBN)

KASE:ASBN Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	517,435	370,380	258,780	191,897	184,078
Interest Income on Investments	6,075	3,726	1,961	1,147	1,426
Total Interest Income	523,510	374,106	260,741	193,044	185,504
Interest Paid on Deposits	260,282	180,758	132,108	97,109	90,475
Net Interest Income	263,228	193,348	128,633	95,935	95,029
Net Interest Income Growth (YoY)	36.14%	50.31%	34.08%	0.95%	21.38%
Gain (Loss) on Sale of Assets	-	-	-	-	-587
Gain (Loss) on Sale of Investments	14,871	997	311	3,884	11,435
Other Non-Interest Income	39,852	61,843	79,585	37,632	38,208
Total Non-Interest Income	54,723	62,840	75,419	41,516	49,056
Non-Interest Income Growth (YoY)	-12.92%	-16.68%	81.66%	-15.37%	22.83%
Revenues Before Loan Losses	317,951	256,188	204,052	137,451	144,085
Provision for Loan Losses	41,806	49,725	37,650	9,883	38,947
Revenue	276,145	206,463	166,402	127,568	105,138
Revenue Growth (YoY)	33.75%	24.07%	30.44%	21.33%	7.49%
Selling, General & Administrative	83,102	75,926	59,226	48,512	46,062
Other Non-Interest Expense	17,011	9,289	8,463	11,746	11,060
Total Non-Interest Expense	101,802	90,002	67,689	60,258	57,122
EBT Excluding Unusual Items	174,343	116,461	98,713	67,310	48,016
Other Unusual Items	-	-	-	-207	15,951
Pretax Income	174,343	116,461	98,713	67,103	63,967
Income Tax Expense	13,997	24	627	3,043	11,005
Earnings From Continuing Operations	160,346	116,437	98,086	64,060	52,962
Net Income	160,346	116,437	98,086	64,060	52,962
Net Income to Common	160,346	116,437	98,086	64,060	52,962
Net Income Growth	37.71%	18.71%	53.12%	20.95%	25.40%
Basic Shares Outstanding	90,453	90,453	90,453	89,111	89,112
Diluted Shares Outstanding	90,453	90,453	90,453	89,111	89,112
Shares Change (YoY)	-	-	1.51%	-0.00%	-1.22%
EPS (Basic)	1.77	1.29	1.08	0.72	0.59
EPS (Diluted)	1.77	1.29	1.08	0.72	0.59
EPS Growth	37.71%	18.71%	50.84%	20.96%	26.95%
Dividend Per Share	-	0.644	0.542	0.542	-
Dividend Growth	-	18.72%	-	-	-
Effective Tax Rate	8.03%	0.02%	0.64%	4.54%	17.20%

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