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

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	660.5	610.31	448.31	323.48	254.12
Interest Income on Investments	2.53	1.13	1.48	2	1.29
Total Interest Income	663.04	611.44	449.79	325.48	255.41
Interest Paid on Deposits	482.59	452.92	313.45	176.01	125.95
Net Interest Income	180.45	158.52	136.35	149.47	129.47
Net Interest Income Growth (YoY)	13.84%	16.26%	-8.78%	15.45%	-8.76%
Gain (Loss) on Sale of Investments	5.22	1.75	6.71	6.88	29.15
Gain (Loss) on Sale of Equity Investments	1.62	0.25	0.17	0.13	0.45
Other Non-Interest Income	80.11	68.94	77.64	71.43	75.68
Total Non-Interest Income	86.95	70.93	84.52	78.44	105.28
Non-Interest Income Growth (YoY)	22.59%	-16.07%	7.74%	-25.49%	48.63%
Revenues Before Loan Losses	267.4	229.45	220.86	227.91	234.74
Provision for Loan Losses	59.42	38.07	47.82	25.29	84.64
Revenue	207.98	191.37	173.04	202.62	150.11
Revenue Growth (YoY)	8.68%	10.59%	-14.60%	34.99%	10.12%
Salaries and Employee Benefits	95.66	73.56	59.69	53.29	46.29
Other Non-Interest Expense	54.06	49.35	45.73	74.35	48.52
Total Non-Interest Expense	149.72	122.92	105.42	127.63	94.81
EBT Excluding Unusual Items	58.26	68.46	67.62	74.99	55.3
Pretax Income	58.26	68.46	67.62	74.99	55.3
Income Tax Expense	12.48	17.84	22.53	16.44	6.71
Earnings From Continuing Operations	45.78	50.62	45.1	58.55	48.59
Minority Interest in Earnings	0.76	-4.18	-1.55	-6.42	-3.2
Net Income	46.53	46.44	43.55	52.13	45.39
Preferred Dividends & Other Adjustments	10.88	9.22	9.06	10.72	8.3
Net Income to Common	35.66	37.22	34.49	41.42	37.09
Net Income Growth	0.21%	6.64%	-16.46%	14.85%	34.84%
Basic Shares Outstanding	3,978	3,990	3,990	3,990	3,601
Diluted Shares Outstanding	3,978	3,990	3,990	3,990	3,601
Shares Change (YoY)	-0.29%	-	-	10.80%	1.12%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
EPS Growth	-3.91%	7.94%	-16.74%	0.79%	48.11%
Dividend Per Share	0.006	0.005	0.005	0.007	0.004
Dividend Growth	5.56%	5.88%	-22.73%	69.23%	5.41%
Effective Tax Rate	21.42%	26.06%	33.31%	21.92%	12.13%

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