NBS Bank Income Statement

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

Millions MWK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Interest Income on Loans	160,833	111,896	77,227	49,512	9,274	6,372	Upgrade
Interest Income on Investments	-	-	-	-	27,297	19,044	Upgrade
Total Interest Income	160,833	111,896	77,227	49,512	36,571	25,416	Upgrade
Interest Paid on Deposits	57,699	44,202	25,804	18,718	9,987	5,600	Upgrade
Net Interest Income	103,134	67,694	51,424	30,794	26,584	19,816	Upgrade
Net Interest Income Growth (YoY)	56.45%	31.64%	66.99%	15.84%	34.15%	103.40%	Upgrade
Other Non-Interest Income	47,441	34,950	14,152	11,219	8,753	9,026	Upgrade
Total Non-Interest Income	47,441	34,950	14,152	11,219	8,753	9,026	Upgrade
Non-Interest Income Growth (YoY)	153.70%	146.96%	26.14%	28.18%	-3.03%	-13.25%	Upgrade
Revenues Before Loan Losses	150,575	102,644	65,576	42,013	35,337	28,842	Upgrade
Provision for Loan Losses	6,383	4,561	2,976	3,193	1,983	-810.19	Upgrade
Revenue	144,192	98,083	62,599	38,820	33,354	29,652	Upgrade
Revenue Growth (YoY)	80.16%	56.68%	61.25%	16.39%	12.48%	38.84%	Upgrade
Salaries and Employee Benefits	23,362	23,362	16,466	11,861	9,680	9,261	Upgrade
Occupancy Expenses	7,894	7,894	7,536	7,289	5,845	6,257	Upgrade
Selling, General & Administrative	3,974	3,974	2,682	971.86	778.6	277.66	Upgrade
Other Non-Interest Expense	22,524	13,090	8,688	7,046	7,075	6,989	Upgrade
Total Non-Interest Expense	57,754	48,320	35,372	27,169	23,379	22,784	Upgrade
EBT Excluding Unusual Items	86,438	49,763	27,227	11,651	9,975	6,868	Upgrade
Other Unusual Items	-42.51	-42.51	-266.45	-161.34	-	-	Upgrade
Pretax Income	86,396	49,721	26,960	11,490	9,975	6,868	Upgrade
Income Tax Expense	36,531	20,343	8,055	3,797	2,925	2,411	Upgrade
Net Income	49,865	29,378	18,905	7,692	7,050	4,458	Upgrade
Net Income to Common	49,865	29,378	18,905	7,692	7,050	4,458	Upgrade
Net Income Growth	91.99%	55.40%	145.77%	9.12%	58.15%	162.34%	Upgrade
Basic Shares Outstanding	2,911	2,911	2,911	2,911	2,911	2,911	Upgrade
Diluted Shares Outstanding	2,911	2,911	2,911	2,911	2,911	2,911	Upgrade
EPS (Basic)	17.13	10.09	6.50	2.64	2.42	1.53	Upgrade
EPS (Diluted)	17.13	10.09	6.50	2.64	2.42	1.53	Upgrade
EPS Growth	91.95%	55.34%	146.04%	9.09%	58.17%	162.08%	Upgrade
Dividend Per Share	2.140	4.540	3.300	1.350	1.150	0.350	Upgrade
Dividend Growth	-	37.58%	144.44%	17.39%	228.57%	-	Upgrade
Effective Tax Rate	42.28%	40.91%	29.88%	33.05%	29.32%	35.10%	Upgrade

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