Burgan Bank K.P.S.C. (KWSE:BURG)

Burgan Bank K.P.S.C. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	650.26	610.31	448.31	323.48	254.12	270.26
Interest Income on Investments	1.87	1.13	1.48	2	1.29	1.87
Total Interest Income	652.13	611.44	449.79	325.48	255.41	272.13
Interest Paid on Deposits	476.35	452.92	313.45	176.01	125.95	130.24
Net Interest Income	175.79	158.52	136.35	149.47	129.47	141.89
Net Interest Income Growth (YoY)	11.90%	16.26%	-8.78%	15.45%	-8.76%	-18.68%
Gain (Loss) on Sale of Investments	11.9	8.38	6.71	6.88	29.15	15.13
Gain (Loss) on Sale of Equity Investments	0.25	0.25	0.17	0.13	0.45	-0.01
Other Non-Interest Income	67.35	62.31	77.64	71.43	75.68	55.72
Total Non-Interest Income	79.5	70.93	84.52	78.44	105.28	70.83
Non-Interest Income Growth (YoY)	8.38%	-16.07%	7.74%	-25.49%	48.63%	-15.93%
Revenues Before Loan Losses	255.28	229.45	220.86	227.91	234.74	212.72
Provision for Loan Losses	60.55	38.07	47.82	25.29	84.64	76.42
Revenue	194.73	191.37	173.04	202.62	150.11	136.31
Revenue Growth (YoY)	-1.78%	10.59%	-14.60%	34.99%	10.12%	-34.97%
Salaries and Employee Benefits	89.02	73.56	59.69	53.29	46.29	47.28
Other Non-Interest Expense	41.74	49.35	45.73	74.35	48.52	49.95
Total Non-Interest Expense	130.76	122.92	105.42	127.63	94.81	97.23
EBT Excluding Unusual Items	63.97	68.46	67.62	74.99	55.3	39.08
Other Unusual Items	-	-	-	-	-	-0.69
Pretax Income	63.97	68.46	67.62	74.99	55.3	38.39
Income Tax Expense	15.86	17.84	22.53	16.44	6.71	4.3
Earnings From Continuing Operations	48.12	50.62	45.1	58.55	48.59	34.09
Minority Interest in Earnings	-2.52	-4.18	-1.55	-6.42	-3.2	-0.42
Net Income	45.59	46.44	43.55	52.13	45.39	33.66
Preferred Dividends & Other Adjustments	10.92	9.22	9.06	10.72	8.3	8.9
Net Income to Common	34.67	37.22	34.49	41.42	37.09	24.76
Net Income Growth	-2.39%	6.64%	-16.46%	14.85%	34.84%	-60.25%
Basic Shares Outstanding	3,799	3,800	3,800	3,800	3,430	3,392
Diluted Shares Outstanding	3,799	3,800	3,800	3,800	3,430	3,392
Shares Change (YoY)	-0.04%	-	-	10.80%	1.12%	1.47%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	-6.18%	7.92%	-16.73%	0.79%	48.12%	-61.33%
Dividend Per Share	0.006	0.006	0.005	0.007	0.004	0.004
Dividend Growth	5.56%	5.56%	-22.86%	70.73%	5.13%	-58.51%
Effective Tax Rate	24.79%	26.06%	33.31%	21.92%	12.13%	11.21%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.