AFFIN Bank Berhad (KLSE:AFFIN)

AFFIN Bank Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,978	3,002	2,650	2,053	1,676	1,807
Interest Paid on Deposits	2,119	2,175	1,867	1,031	775.65	1,035
Net Interest Income	859.14	826.41	782.88	1,023	899.93	772.14
Net Interest Income Growth (YoY)	17.25%	5.56%	-23.44%	13.63%	16.55%	3.91%
Gain (Loss) on Sale of Assets	2.35	2.67	1.04	0.41	0.01	0.02
Gain (Loss) on Sale of Investments	152.81	89.45	90.45	17.4	65.37	-
Other Non-Interest Income	1,316	1,251	1,111	1,014	885.46	1,571
Total Non-Interest Income	1,472	1,343	1,203	1,032	950.84	1,571
Non-Interest Income Growth (YoY)	17.42%	11.68%	16.55%	8.54%	-39.48%	34.14%
Revenues Before Loan Losses	2,331	2,170	1,986	2,055	1,851	2,343
Provision for Loan Losses	-93.18	-170.18	75.01	438.53	219.39	543.13
Revenue	2,424	2,340	1,911	1,616	1,631	1,800
Revenue Growth (YoY)	22.28%	22.46%	18.23%	-0.94%	-9.38%	-3.45%
Salaries and Employee Benefits	1,032	1,018	883.42	834.75	741.92	881.4
Occupancy Expenses	317.62	302.17	235.28	192.08	144.38	152.94
Amortization of Goodwill & Intangibles	20.42	20.02	21.65	23.33	26.28	38.11
Selling, General & Administrative	220.23	218.08	199.12	201.72	186.65	245.13
Other Non-Interest Expense	92.94	79.22	80.99	66.25	40.55	48.81
Total Non-Interest Expense	1,603	1,584	1,387	1,312	1,097	1,327
EBT Excluding Unusual Items	820.73	755.48	523.85	304.53	534.8	472.94
Asset Writedown	1.54	-0.32	-0	-0.13	-0.15	-0.31
Other Unusual Items	-	-	-	-	-5.6	-78.45
Pretax Income	769.97	707.74	522.89	239.39	528.82	394.18
Income Tax Expense	221.48	198.03	120.7	161.36	95.21	121.33
Earnings From Continuing Operations	548.49	509.7	402.19	78.03	433.61	272.85
Earnings From Discontinued Operations	-	-	-	1,125	146.72	-
Minority Interest in Earnings	-	-	-	-24.96	-53.39	-42.53
Net Income	548.49	509.7	402.19	1,179	526.93	230.32
Net Income to Common	548.49	509.7	402.19	1,179	526.93	230.32
Net Income Growth	48.73%	26.73%	-65.87%	123.66%	128.78%	-52.78%
Basic Shares Outstanding	2,534	2,508	2,437	2,288	2,228	2,127
Diluted Shares Outstanding	2,561	2,536	2,453	2,288	2,228	2,204
Shares Change (YoY)	2.69%	3.38%	7.22%	2.68%	1.10%	2.09%
EPS (Basic)	0.22	0.20	0.17	0.52	0.24	0.11
EPS (Diluted)	0.21	0.20	0.16	0.52	0.24	0.10
EPS Growth	44.99%	22.56%	-68.16%	117.82%	126.30%	-53.74%
Dividend Per Share	-	-	0.055	0.117	0.118	0.033
Dividend Growth	-	-	-53.13%	-1.60%	256.63%	-49.93%
Effective Tax Rate	28.77%	27.98%	23.08%	67.40%	18.00%	30.78%

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