Jeju Bank (KRX: 006220)

Jeju Bank Income Statement

Financials in millions KRW. 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	310,376	312,633	239,123	171,282	168,854	183,955
Interest Income on Investments	38,238	27,250	15,863	12,795	13,910	17,333
Total Interest Income	348,614	339,883	254,986	184,077	182,764	201,288
Interest Paid on Deposits	183,641	182,812	92,716	47,677	64,390	74,758
Interest Paid on Borrowings	12,847	11,576	8,931	7,946	8,271	8,778
Total Interest Expense	196,488	194,388	101,647	55,623	72,661	83,536
Net Interest Income	152,126	145,495	153,339	128,454	110,103	117,752
Net Interest Income Growth (YoY)	2.63%	-5.12%	19.37%	16.67%	-6.50%	-3.76%
Gain (Loss) on Sale of Assets	3	3,783	-1	-	1,403	2,252
Gain (Loss) on Sale of Investments	14,113	10,285	369	102	4,967	2,150
Other Non-Interest Income	10,267	9,611	9,510	10,230	13,866	23,393
Total Non-Interest Income	36,819	35,520	21,143	21,388	34,203	41,946
Non-Interest Income Growth (YoY)	16.09%	68.00%	-1.15%	-37.47%	-18.46%	30.40%
Revenues Before Loan Losses	188,945	181,015	174,482	149,842	144,306	159,698
Provision for Loan Losses	51,800	48,618	23,251	10,932	12,767	12,811
Revenue	137,145	132,397	151,231	138,910	131,539	146,887
Revenue Growth (YoY)	-7.00%	-12.45%	8.87%	5.60%	-10.45%	-0.41%
Salaries and Employee Benefits	52,330	46,832	49,760	55,517	52,045	48,038
Occupancy Expenses	7,711	7,563	6,379	5,451	5,543	6,090
Federal Deposit Insurance	6,408	5,451	7,751	7,017	6,490	6,171
Amortization of Goodwill & Intangibles	17,117	16,216	16,118	6,869	3,740	3,570
Selling, General & Administrative	24,299	22,822	21,295	20,224	19,489	19,181
Other Non-Interest Expense	26,866	26,417	22,323	20,336	20,337	23,818
Total Non-Interest Expense	136,533	126,898	124,267	116,055	108,556	109,807
EBT Excluding Unusual Items	612	5,499	26,964	22,855	22,983	37,080
Pretax Income	612	5,499	26,964	22,855	22,983	37,080
Income Tax Expense	-752	398	4,144	4,409	5,462	9,146
Net Income	1,364	5,101	22,820	18,446	17,521	27,934
Preferred Dividends & Other Adjustments	7,364	5,950	2,393	1,919	2,073	2,367
Net Income to Common	-6,000	-849	20,427	16,527	15,448	25,567
Net Income Growth	-92.81%	-77.65%	23.71%	5.28%	-37.28%	1.78%
Basic Shares Outstanding	32	32	32	32	32	32
Diluted Shares Outstanding	32	32	32	32	32	32
Shares Change (YoY)	-	-	-	-	-	36.89%
EPS (Basic)	-186.75	-26.42	635.79	514.40	480.82	795.77
EPS (Diluted)	-186.75	-26.42	635.79	514.00	480.82	795.77
EPS Growth	-	-	23.69%	6.90%	-39.58%	-25.67%
Dividend Per Share	100.000	100.000	100.000	100.000	100.000	100.000
Effective Tax Rate	-	7.24%	15.37%	19.29%	23.77%	24.67%

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