Standard Bank PLC (MAL: STANDARD)

Standard Bank Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	155,715	132,384	85,297	59,264	46,309	43,171
Interest Paid on Deposits	8,569	9,549	8,645	7,807	5,096	4,294
Net Interest Income	147,146	122,835	76,652	51,457	41,213	38,877
Net Interest Income Growth (YoY)	48.64%	60.25%	48.96%	24.86%	6.01%	11.91%
Income From Trading Activities	52,914	52,914	31,227	23,206	12,559	9,117
Other Non-Interest Income	22,288	24,672	20,106	16,985	23,035	12,862
Total Non-Interest Income	75,202	77,586	51,333	40,191	35,594	21,979
Non-Interest Income Growth (YoY)	22.41%	51.14%	27.72%	12.92%	61.95%	3.45%
Revenues Before Loan Losses	222,348	200,421	127,985	91,648	76,807	60,856
Provision for Loan Losses	12,042	15,108	7,122	4,185	1,622	1,872
Revenue	210,306	185,313	120,863	87,463	75,185	58,984
Revenue Growth (YoY)	40.94%	53.32%	38.19%	16.33%	27.47%	15.46%
Salaries and Employee Benefits	32,031	32,031	23,332	18,196	16,002	15,031
Occupancy Expenses	5,362	5,362	4,305	4,406	4,273	4,188
Selling, General & Administrative	2,008	2,008	1,634	1,513	880	960
Other Non-Interest Expense	48,469	40,213	31,536	23,224	18,238	15,433
Total Non-Interest Expense	87,714	79,565	60,807	47,339	39,393	35,612
EBT Excluding Unusual Items	122,592	105,748	60,056	40,124	35,792	23,372
Pretax Income	122,592	105,748	60,056	40,124	35,792	23,372
Income Tax Expense	54,620	53,228	20,854	15,355	12,049	7,493
Net Income	67,972	52,520	39,202	24,769	23,743	15,879
Net Income to Common	67,972	52,520	39,202	24,769	23,743	15,879
Net Income Growth	35.16%	33.97%	58.27%	4.32%	49.52%	50.06%
Basic Shares Outstanding	234	234	234	234	234	234
Diluted Shares Outstanding	234	234	234	234	234	234
Shares Change (YoY)	0.07%	-	-	-	-	-
EPS (Basic)	290.48	224.44	167.53	105.85	101.47	67.86
EPS (Diluted)	290.47	224.44	167.53	105.85	101.47	67.86
EPS Growth	35.06%	33.97%	58.27%	4.32%	49.52%	50.06%
Dividend Per Share	86.930	108.240	85.230	37.070	44.740	30.260
Dividend Growth	1.99%	27.00%	129.92%	-17.14%	47.85%	24.58%
Effective Tax Rate	44.55%	50.33%	34.72%	38.27%	33.66%	32.06%

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