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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	238.23	237.71	217.51	130.89	98.18	124.96
Interest Income on Investments	3.48	3.74	3.75	3.2	3.65	3.61
Total Interest Income	241.71	241.45	221.26	134.09	101.83	128.56
Interest Paid on Deposits	119.93	120.05	104.46	45.34	23.93	45.97
Net Interest Income	121.78	121.4	116.8	88.75	77.9	82.59
Net Interest Income Growth (YoY)	-0.04%	3.94%	31.61%	13.93%	-5.68%	-18.90%
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.06
Gain (Loss) on Sale of Investments	0.2	0.12	0.11	0.05	0.79	0.53
Other Non-Interest Income	59.45	58.45	53.26	51.06	46.17	48.53
Total Non-Interest Income	59.65	58.57	53.37	51.11	46.96	49.01
Non-Interest Income Growth (YoY)	8.35%	9.74%	4.42%	8.84%	-4.17%	-13.79%
Revenues Before Loan Losses	181.43	179.97	170.17	139.87	124.86	131.59
Provision for Loan Losses	-46.16	-47.71	0.14	25.79	24.15	91.39
Revenue	227.59	227.68	170.03	114.08	100.72	40.2
Revenue Growth (YoY)	37.20%	33.90%	49.05%	13.27%	150.52%	-19.95%
Salaries and Employee Benefits	36.83	35.6	28.86	17.87	27.15	22.77
Occupancy Expenses	1.68	1.56	2.73	1.91	1.99	2.26
Selling, General & Administrative	26.8	25.83	22.04	17.31	14.42	15.11
Total Non-Interest Expense	65.31	62.99	53.62	37.09	43.56	40.14
EBT Excluding Unusual Items	162.28	164.69	116.41	76.98	57.16	0.07
Pretax Income	162.28	164.69	116.41	76.98	57.16	0.07
Income Tax Expense	7.34	7.46	5.24	3.37	2.42	0.02
Earnings From Continuing Operations	154.94	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	154.9	157.2	111.15	73.59	54.64	-
Net Income to Common	154.9	157.2	111.15	73.59	54.64	-
Net Income Growth	48.07%	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)	-1.03%	-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	49.61%	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	4.52%	4.53%	4.50%	4.38%	4.24%	24.62%

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