BNK Financial Group Inc. (KRX:138930)

BNK Financial Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	6,127,511	6,241,100	6,138,209	4,423,438	3,264,002	3,000,306
Interest Income on Investments	809,105	787,904	613,663	418,204	347,617	345,187
Total Interest Income	6,936,617	7,029,004	6,751,872	4,841,642	3,611,619	3,345,493
Interest Paid on Deposits	2,919,147	3,013,289	3,016,787	1,366,297	639,470	774,888
Interest Paid on Borrowings	964,671	958,454	769,480	491,559	340,714	344,124
Total Interest Expense	3,883,818	3,971,743	3,786,267	1,857,856	980,184	1,119,012
Net Interest Income	3,052,798	3,057,261	2,965,605	2,983,786	2,631,435	2,226,482
Net Interest Income Growth (YoY)	2.66%	3.09%	-0.61%	13.39%	18.19%	0.18%
Gain (Loss) on Sale of Assets	17,579	17,902	-3,252	-2,100	1,610	-3,566
Gain (Loss) on Sale of Investments	144,860	146,550	89,939	-80,761	130,879	120,493
Gain (Loss) on Sale of Equity Investments	100,088	101,019	72,703	20,558	31,304	23,094
Other Non-Interest Income	2,439,397	2,350,900	2,307,379	2,337,667	1,581,237	1,539,728
Total Non-Interest Income	2,934,704	2,848,675	2,687,309	2,424,377	1,885,187	1,843,579
Non-Interest Income Growth (YoY)	12.91%	6.00%	10.85%	28.60%	2.26%	14.54%
Revenues Before Loan Losses	5,987,502	5,905,936	5,652,914	5,408,164	4,516,621	4,070,061
Provision for Loan Losses	994,574	894,481	866,734	544,644	415,054	436,892
Revenue	4,992,928	5,011,455	4,786,180	4,863,520	4,101,568	3,633,168
Revenue Growth (YoY)	7.18%	4.71%	-1.59%	18.58%	12.89%	6.53%
Salaries and Employee Benefits	960,608	964,213	887,121	987,878	1,117,180	979,284
Occupancy Expenses	136,383	134,111	128,973	119,780	110,034	107,913
Federal Deposit Insurance	130,167	128,928	124,652	122,565	113,569	102,711
Amortization of Goodwill & Intangibles	90,071	92,898	90,296	79,911	74,870	66,243
Selling, General & Administrative	305,904	306,013	301,388	277,072	248,819	237,313
Other Non-Interest Expense	2,374,767	2,285,653	2,295,885	2,047,779	1,241,301	1,297,927
Total Non-Interest Expense	4,114,938	4,019,034	3,910,619	3,738,317	2,978,385	2,898,750
EBT Excluding Unusual Items	877,990	992,421	875,561	1,125,203	1,123,182	734,418
Asset Writedown	-635	-635	-	-	-	-
Pretax Income	877,355	991,786	875,561	1,125,203	1,123,182	734,418
Income Tax Expense	210,183	241,809	196,656	292,052	288,933	171,862
Earnings From Continuing Operations	667,173	749,976	678,905	833,150	834,249	562,556
Minority Interest in Earnings	-21,572	-21,429	-39,125	-48,171	-43,240	-43,240
Net Income	645,601	728,548	639,780	784,980	791,009	519,315
Preferred Dividends & Other Adjustments	33,325	32,575	25,678	30,188	31,395	32,834
Net Income to Common	612,276	695,973	614,102	754,792	759,614	486,482
Net Income Growth	2.06%	13.88%	-18.50%	-0.76%	52.32%	-7.63%
Basic Shares Outstanding	319	320	322	324	324	325
Diluted Shares Outstanding	319	320	322	324	324	325
Shares Change (YoY)	-0.84%	-0.70%	-0.63%	-	-0.10%	-0.36%
EPS (Basic)	1917.55	2174.00	1904.82	2326.51	2341.37	1498.07
EPS (Diluted)	1917.54	2174.00	1904.82	2326.51	2341.37	1498.07
EPS Growth	1.54%	14.13%	-18.13%	-0.64%	56.29%	-9.04%
Dividend Per Share	650.000	650.000	-	625.000	560.000	320.000
Dividend Growth	-	-	-	11.61%	75.00%	-11.11%
Effective Tax Rate	23.96%	24.38%	22.46%	25.96%	25.72%	23.40%

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.