DGB Financial Group Co., Ltd. (KRX: 139130)

DGB Financial Group 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	3,527,780	3,381,388	2,435,122	1,802,692	1,719,207	1,803,429
Interest Income on Investments	685,389	667,180	475,624	344,757	362,003	392,563
Total Interest Income	4,213,169	4,048,568	2,910,746	2,147,449	2,081,210	2,195,992
Interest Paid on Deposits	1,466,303	1,378,399	609,724	298,329	383,681	490,706
Interest Paid on Borrowings	1,034,097	1,013,361	637,288	240,334	262,180	292,593
Total Interest Expense	2,500,400	2,391,760	1,247,012	538,663	645,861	783,299
Net Interest Income	1,712,768	1,656,808	1,663,734	1,608,786	1,435,349	1,412,694
Net Interest Income Growth (YoY)	3.70%	-0.42%	3.42%	12.08%	1.60%	2.13%
Income From Trading Activities	-1,275,658	-1,447,891	-1,844,138	-571,232	-1,397,974	-800,734
Gain (Loss) on Sale of Assets	-5,530	-7,434	-812	-4,111	-2,973	-189
Gain (Loss) on Sale of Investments	329,240	300,234	-48,592	73,726	142,142	114,226
Gain (Loss) on Sale of Equity Investments	18,876	11,610	1,185	2,370	13,540	650
Other Non-Interest Income	2,067,933	2,241,773	2,777,067	2,398,616	3,085,943	2,268,481
Total Non-Interest Income	1,193,179	1,192,887	923,227	1,950,384	1,894,313	1,625,143
Non-Interest Income Growth (YoY)	12.61%	29.21%	-52.66%	2.96%	16.56%	-8.99%
Revenues Before Loan Losses	2,905,947	2,849,695	2,586,961	3,559,170	3,329,662	3,037,837
Provision for Loan Losses	796,985	536,201	347,828	168,174	265,964	172,601
Revenue	2,108,962	2,313,494	2,239,133	3,390,996	3,063,698	2,865,236
Revenue Growth (YoY)	-2.82%	3.32%	-33.97%	10.68%	6.93%	-3.83%
Salaries and Employee Benefits	599,009	626,379	672,156	788,511	675,634	598,474
Occupancy Expenses	100,751	104,812	101,379	103,069	99,190	95,973
Federal Deposit Insurance	66,199	63,410	61,718	59,888	57,355	53,126
Amortization of Goodwill & Intangibles	64,672	61,636	50,690	46,090	39,227	38,174
Selling, General & Administrative	206,903	197,180	205,825	193,094	172,431	181,378
Other Non-Interest Expense	753,018	690,119	511,418	1,436,997	1,477,668	1,402,271
Total Non-Interest Expense	1,842,477	1,781,138	1,629,938	2,654,251	2,551,476	2,453,251
EBT Excluding Unusual Items	266,485	532,356	609,195	736,745	512,222	411,985
Pretax Income	266,485	532,356	609,195	736,745	512,222	411,985
Income Tax Expense	59,150	120,175	163,796	182,955	125,518	92,685
Earnings From Continuing Operations	207,335	412,181	445,399	553,790	386,703	319,299
Earnings From Discontinued Operations	-	-	-	-	-	23,525
Minority Interest in Earnings	8,342	-24,343	-34,875	-50,722	-44,487	-35,501
Net Income	215,677	387,839	410,524	503,068	342,216	307,323
Preferred Dividends & Other Adjustments	27,304	22,075	18,325	14,850	9,670	5,960
Net Income to Common	188,372	365,764	392,199	488,218	332,546	301,363
Net Income Growth	-48.62%	-5.53%	-18.40%	47.00%	11.35%	-19.36%
Basic Shares Outstanding	166	168	169	169	169	169
Diluted Shares Outstanding	166	168	169	169	169	169
Shares Change (YoY)	-1.25%	-0.80%	-	-	-	-
EPS (Basic)	1132.12	2179.79	2318.70	2886.37	1966.03	1781.68
EPS (Diluted)	1132.12	2179.79	2318.70	2886.37	1966.03	1781.68
EPS Growth	-52.28%	-5.99%	-19.67%	46.81%	10.35%	-19.71%
Dividend Per Share	550.000	550.000	-	-	-	-
Effective Tax Rate	22.20%	22.57%	26.89%	24.83%	24.50%	22.50%

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