Hong Leong Bank Berhad (KLSE: HLBANK)

Hong Leong Bank Berhad Income Statement

Financials in millions MYR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Interest Income on Loans	8,677	8,677	7,370	5,506	5,395	5,912
Interest Income on Investments	106.14	106.14	160.37	217.17	161.78	268.72
Total Interest Income	8,783	8,783	7,531	5,723	5,557	6,181
Interest Paid on Deposits	4,961	4,961	3,847	1,968	2,099	3,416
Net Interest Income	3,822	3,822	3,684	3,755	3,458	2,764
Net Interest Income Growth (YoY)	3.74%	3.74%	-1.90%	8.61%	25.08%	0.01%
Gain (Loss) on Sale of Assets	8.74	8.74	0.23	1.56	5.22	4.09
Gain (Loss) on Sale of Investments	116.93	116.93	115.02	238.37	304.07	511.17
Other Non-Interest Income	1,822	1,822	1,886	1,585	1,690	1,447
Total Non-Interest Income	1,948	1,948	2,002	1,825	1,999	1,962
Non-Interest Income Growth (YoY)	-2.68%	-2.68%	9.68%	-8.73%	1.89%	-0.01%
Revenues Before Loan Losses	5,770	5,770	5,686	5,580	5,457	4,727
Provision for Loan Losses	-114.26	-114.26	115.38	163.57	653.82	327.66
Revenue	5,884	5,884	5,570	5,417	4,803	4,399
Revenue Growth (YoY)	5.63%	5.63%	2.84%	12.77%	9.19%	-6.69%
Salaries and Employee Benefits	1,273	1,273	1,216	1,147	1,178	1,143
Occupancy Expenses	165.37	165.37	174.6	186.28	195.87	207.1
Amortization of Goodwill & Intangibles	67.22	67.22	58.13	53.96	56.95	59.03
Selling, General & Administrative	668.7	668.7	678.02	622.4	570.87	582.29
Other Non-Interest Expense	153.17	153.17	119.53	81.97	62.55	89.37
Total Non-Interest Expense	749.94	749.94	943.8	1,068	1,342	1,461
EBT Excluding Unusual Items	5,134	5,134	4,627	4,349	3,462	2,938
Other Unusual Items	-	-	-	17.94	9.43	51.72
Pretax Income	5,134	5,134	4,627	4,367	3,471	2,989
Income Tax Expense	938.04	938.04	808.44	1,078	610.3	494.8
Net Income	4,196	4,196	3,818	3,289	2,861	2,495
Net Income to Common	4,196	4,196	3,818	3,289	2,861	2,495
Net Income Growth	9.90%	9.90%	16.08%	14.98%	14.67%	-6.38%
Basic Shares Outstanding	2,049	2,049	2,049	2,048	2,047	2,047
Diluted Shares Outstanding	2,050	2,050	2,050	2,049	2,048	2,047
Shares Change (YoY)	0.02%	0.02%	0.01%	0.06%	0.05%	-0.15%
EPS (Basic)	2.05	2.05	1.86	1.61	1.40	1.22
EPS (Diluted)	2.05	2.05	1.86	1.60	1.40	1.22
EPS Growth	9.88%	9.88%	16.07%	14.89%	14.62%	-6.24%
Dividend Per Share	0.680	0.680	0.590	0.550	0.500	0.360
Dividend Growth	15.25%	15.25%	7.27%	10.00%	38.89%	-28.00%
Effective Tax Rate	18.27%	18.27%	17.47%	24.68%	17.58%	16.55%

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