Standard Bank PLC (MAL:STANDARD)

Standard Bank Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	185,245	132,384	85,297	59,264	46,309
Interest Paid on Deposits	9,171	9,549	8,645	7,807	5,096
Net Interest Income	176,074	122,835	76,652	51,457	41,213
Net Interest Income Growth (YoY)	43.34%	60.25%	48.96%	24.86%	6.01%
Income From Trading Activities	48,306	52,914	31,227	23,206	12,559
Other Non-Interest Income	29,196	24,672	20,106	16,985	23,035
Total Non-Interest Income	77,502	77,586	51,333	40,191	35,594
Non-Interest Income Growth (YoY)	-0.11%	51.14%	27.72%	12.91%	61.94%
Revenues Before Loan Losses	253,576	200,421	127,985	91,648	76,807
Provision for Loan Losses	23,558	15,108	7,122	4,185	1,622
Revenue	230,018	185,313	120,863	87,463	75,185
Revenue Growth (YoY)	24.12%	53.33%	38.19%	16.33%	27.47%
Salaries and Employee Benefits	37,132	32,031	23,332	18,196	16,002
Occupancy Expenses	6,083	5,362	4,305	4,406	4,273
Selling, General & Administrative	2,809	2,008	1,634	1,513	880
Other Non-Interest Expense	47,646	40,213	31,536	23,224	18,238
Total Non-Interest Expense	93,475	79,565	60,807	47,339	39,393
EBT Excluding Unusual Items	136,543	105,748	60,056	40,124	35,792
Asset Writedown	-88	-	-	-	-
Pretax Income	136,455	105,748	60,056	40,124	35,792
Income Tax Expense	50,090	53,228	20,854	15,355	12,049
Net Income	86,365	52,520	39,202	24,769	23,743
Net Income to Common	86,365	52,520	39,202	24,769	23,743
Net Income Growth	64.44%	33.97%	58.27%	4.32%	49.53%
Basic Shares Outstanding	235	235	234	234	234
Diluted Shares Outstanding	235	235	234	234	234
Shares Change (YoY)	-	0.43%	-	-	-
EPS (Basic)	367.51	223.49	167.53	105.85	101.47
EPS (Diluted)	367.51	223.49	167.53	105.85	101.47
EPS Growth	64.44%	33.40%	58.27%	4.32%	49.53%
Dividend Per Share	161.930	108.240	85.230	37.070	44.740
Dividend Growth	49.60%	27.00%	129.92%	-17.14%	47.85%
Effective Tax Rate	36.71%	50.33%	34.72%	38.27%	33.66%

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.