Public Bank Berhad (KLSE: PBBANK)

Public Bank Berhad Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	18,755	18,040	14,932	13,475	14,184	16,291
Interest Paid on Deposits	9,414	8,985	5,765	5,160	7,004	8,857
Net Interest Income	9,342	9,055	9,167	8,315	7,180	7,434
Net Interest Income Growth (YoY)	1.40%	-1.22%	10.24%	15.81%	-3.42%	-1.70%
Gain (Loss) on Sale of Assets	0.24	1.52	3.03	1.04	0.68	0.99
Gain (Loss) on Sale of Investments	79.42	37.59	67.08	55.53	437.58	162.14
Other Non-Interest Income	4,240	4,011	4,193	4,135	3,533	3,454
Total Non-Interest Income	4,320	4,050	4,263	4,191	3,971	3,618
Non-Interest Income Growth (YoY)	1.47%	-5.00%	1.72%	5.54%	9.78%	12.04%
Revenues Before Loan Losses	13,661	13,105	13,430	12,506	11,151	11,052
Provision for Loan Losses	138.68	156.69	365.56	1,201	1,106	154.47
Revenue	13,523	12,949	13,065	11,305	10,045	10,897
Revenue Growth (YoY)	1.52%	-0.89%	15.56%	12.55%	-7.82%	2.59%
Salaries and Employee Benefits	3,462	3,196	3,044	2,896	2,867	2,742
Occupancy Expenses	400.63	429.64	433.54	363.31	364.42	479.84
Selling, General & Administrative	833.99	763.11	732.61	681.26	654.81	574.2
Other Non-Interest Expense	45.8	26.04	25.36	24.34	23.98	25.18
Total Non-Interest Expense	4,561	4,395	4,239	3,976	3,916	3,813
EBT Excluding Unusual Items	8,962	8,554	8,826	7,329	6,129	7,084
Asset Writedown	-33.32	-15.17	5.11	4.77	-18.12	50.39
Other Unusual Items	-	-	-	33.07	174.62	-
Pretax Income	8,928	8,539	8,831	7,367	6,285	7,134
Income Tax Expense	1,982	1,884	2,661	1,637	1,353	1,555
Earnings From Continuing Operations	6,946	6,655	6,170	5,730	4,932	5,579
Minority Interest in Earnings	16.54	-5.7	-50.13	-73.35	-60.56	-67.89
Net Income	6,963	6,649	6,119	5,657	4,872	5,512
Net Income to Common	6,963	6,649	6,119	5,657	4,872	5,512
Net Income Growth	3.19%	8.66%	8.18%	16.11%	-11.61%	-1.41%
Basic Shares Outstanding	19,411	19,411	19,411	19,411	19,411	19,411
Diluted Shares Outstanding	19,411	19,411	19,411	19,411	19,411	19,411
Shares Change (YoY)	-	-	-	-	-	0.25%
EPS (Basic)	0.36	0.34	0.32	0.29	0.25	0.28
EPS (Diluted)	0.36	0.34	0.32	0.29	0.25	0.28
EPS Growth	3.19%	8.66%	8.18%	16.11%	-11.61%	-1.66%
Dividend Per Share	0.200	0.190	0.170	0.152	0.130	0.146
Dividend Growth	42.86%	11.76%	11.84%	16.92%	-10.96%	5.80%
Effective Tax Rate	22.20%	22.06%	30.14%	22.22%	21.52%	21.79%

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