Commercial Bank of Kuwait K.P.S.C. (KWSE:CBK)

KWSE:CBK 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	239.29	237.71	217.51	130.89	98.18	124.96
Interest Income on Investments	4.56	3.74	3.75	3.2	3.65	3.61
Total Interest Income	243.84	241.45	221.26	134.09	101.83	128.56
Interest Paid on Deposits	119.61	120.05	104.46	45.34	23.93	45.97
Net Interest Income	124.23	121.4	116.8	88.75	77.9	82.59
Net Interest Income Growth (YoY)	2.96%	3.94%	31.61%	13.93%	-5.68%	-18.90%
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.06
Gain (Loss) on Sale of Investments	0.15	0.12	0.11	0.05	0.79	0.53
Other Non-Interest Income	62.1	58.45	53.26	51.06	46.17	48.53
Total Non-Interest Income	62.25	58.57	53.37	51.11	46.96	49.01
Non-Interest Income Growth (YoY)	10.61%	9.74%	4.42%	8.84%	-4.17%	-13.79%
Revenues Before Loan Losses	186.48	179.97	170.17	139.87	124.86	131.59
Provision for Loan Losses	-45.62	-47.71	0.14	25.79	24.15	91.39
Revenue	232.1	227.68	170.03	114.08	100.72	40.2
Revenue Growth (YoY)	42.35%	33.90%	49.05%	13.27%	150.52%	-19.95%
Salaries and Employee Benefits	36.77	35.6	28.86	17.87	27.15	22.77
Occupancy Expenses	1.85	1.56	2.73	1.91	1.99	2.26
Selling, General & Administrative	27.09	25.83	22.04	17.31	14.42	15.11
Total Non-Interest Expense	65.7	62.99	53.62	37.09	43.56	40.14
EBT Excluding Unusual Items	166.41	164.69	116.41	76.98	57.16	0.07
Pretax Income	166.41	164.69	116.41	76.98	57.16	0.07
Income Tax Expense	7.49	7.46	5.24	3.37	2.42	0.02
Earnings From Continuing Operations	158.91	157.23	111.18	73.61	54.74	0.05
Minority Interest in Earnings	-0.04	-0.03	-0.03	-0.03	-0.1	-0.05
Net Income	158.87	157.2	111.15	73.59	54.64	-
Net Income to Common	158.87	157.2	111.15	73.59	54.64	-
Net Income Growth	58.03%	41.43%	51.05%	34.68%	-	-
Basic Shares Outstanding	1,973	1,972	2,042	2,174	2,161	2,183
Diluted Shares Outstanding	1,973	1,972	2,042	2,174	2,161	2,183
Shares Change (YoY)	-0.38%	-3.40%	-6.08%	0.59%	-1.00%	-1.98%
EPS (Basic)	0.08	0.08	0.05	0.03	0.03	-
EPS (Diluted)	0.08	0.08	0.05	0.03	0.03	-
EPS Growth	58.64%	46.40%	60.83%	33.89%	-	-
Dividend Per Share	0.048	0.047	0.034	0.023	0.018	-
Dividend Growth	44.05%	40.77%	48.02%	24.73%	-	-
Effective Tax Rate	4.50%	4.53%	4.50%	4.38%	4.24%	24.62%

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