GFH Financial Group BSC (KWSE: GFH)

GFH Financial Group BSC Income Statement

Financials in millions USD. 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	117.38	106.69	94.75	79.33	99.8	107.19
Interest Income on Investments	8.9	10.99	24.63	14.28	79.14	36.49
Total Interest Income	126.28	117.68	119.38	93.61	178.93	143.68
Interest Paid on Deposits	88.8	91.97	47.96	35.69	29.95	18.42
Net Interest Income	37.48	25.71	71.42	57.93	148.99	125.27
Net Interest Income Growth (YoY)	-42.96%	-64.00%	23.29%	-61.12%	18.93%	118.61%
Trust Income	339.79	322.28	189.22	170.5	47.76	30.8
Income From Trading Activities	122.26	182.72	86.97	102.3	75.74	92.97
Gain (Loss) on Sale of Investments	117.47	37.14	53.56	14.67	20.44	10.52
Gain (Loss) on Sale of Equity Investments	29.08	34.54	27.69	-0.06	-	-
Other Non-Interest Income	5.99	-3.44	-11.49	4.22	-6.93	-5.23
Total Non-Interest Income	668.28	581.19	359.34	316.52	151.21	166.94
Non-Interest Income Growth (YoY)	9.71%	61.74%	13.53%	109.33%	-9.42%	44.26%
Revenues Before Loan Losses	705.76	606.9	430.76	374.45	300.19	292.21
Provision for Loan Losses	29.54	20.46	3.31	35.58	26.8	53.47
Revenue	676.22	586.45	427.45	338.87	273.4	238.74
Revenue Growth (YoY)	2.73%	37.20%	26.14%	23.95%	14.52%	53.62%
Salaries and Employee Benefits	-	-	-	59.04	42.86	50.59
Selling, General & Administrative	5.63	5.63	2.93	6.72	8.21	4.98
Other Non-Interest Expense	554.2	478.94	330.2	204.8	196.18	158.2
Total Non-Interest Expense	560.83	485.57	340.05	270.55	247.25	213.77
EBT Excluding Unusual Items	115.38	100.88	87.4	68.32	26.14	24.98
Asset Writedown	-	-	-	-	-	-0.8
Other Unusual Items	4.35	4.35	10.31	24.3	23.2	29.41
Pretax Income	119.73	105.23	97.71	92.62	49.34	53.58
Earnings From Continuing Operations	119.73	105.23	97.71	92.62	49.34	53.58
Earnings From Discontinued Operations	-	-	-	-	-	-0.47
Minority Interest in Earnings	-7.85	-2.36	-7.45	-8.39	-4.25	12.92
Net Income	111.89	102.86	90.25	84.22	45.1	66.03
Net Income to Common	111.89	102.86	90.25	84.22	45.1	66.03
Net Income Growth	8.69%	13.97%	7.16%	86.77%	-31.71%	-42.11%
Basic Shares Outstanding	3,579	3,493	3,427	3,413	3,429	3,480
Diluted Shares Outstanding	3,579	3,493	3,427	3,413	3,429	3,480
Shares Change (YoY)	3.57%	1.95%	0.40%	-0.48%	-1.47%	-10.96%
EPS (Basic)	0.03	0.03	0.03	0.02	0.01	0.02
EPS (Diluted)	0.03	0.03	0.03	0.02	0.01	0.02
EPS Growth	4.95%	11.80%	6.73%	87.67%	-30.69%	-34.99%
Dividend Per Share	0.016	0.016	0.016	0.012	0.005	0.009
Dividend Growth	3.33%	3.33%	33.61%	147.92%	-43.53%	7.59%

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