BANK URALSIB (MOEX: USBN)

BANK URALSIB Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Interest Income on Loans	64,552	58,945	47,516	33,174	38,886	41,003
Interest Income on Investments	6,373	5,814	3,757	5,648	3,721	2,407
Total Interest Income	70,925	64,760	51,273	38,823	42,608	43,410
Interest Paid on Deposits	36,967	31,430	27,744	16,020	19,682	19,944
Total Interest Expense	36,967	31,430	27,744	16,020	19,682	19,944
Net Interest Income	33,959	33,330	23,529	22,803	22,926	23,467
Net Interest Income Growth (YoY)	39.40%	41.65%	3.19%	-0.54%	-2.31%	27.58%
Gain (Loss) on Sale of Assets	17.1	135.98	205.2	-282.62	27.54	215.82
Gain (Loss) on Sale of Investments	3,311	4,061	3,569	528.85	12,290	-232.92
Other Non-Interest Income	8,133	10,747	12,959	6,048	9,874	9,040
Total Non-Interest Income	11,461	14,944	16,734	6,294	22,191	9,023
Non-Interest Income Growth (YoY)	38.62%	-10.70%	165.85%	-71.64%	145.94%	-45.72%
Revenues Before Loan Losses	45,420	48,273	40,263	29,097	45,117	32,490
Provision for Loan Losses	3,352	2,882	5,356	4,158	4,693	4,399
Revenue	42,067	45,392	34,907	24,939	40,424	28,091
Revenue Growth (YoY)	7.86%	30.04%	39.97%	-38.31%	43.90%	-16.05%
Selling, General & Administrative	31,009	30,405	27,219	22,623	22,100	20,691
Other Non-Interest Expense	7,723	7,507	3,652	1,454	2,006	1,363
Total Non-Interest Expense	38,732	37,912	30,871	24,076	24,106	22,054
EBT Excluding Unusual Items	3,335	7,480	4,036	863.19	16,318	6,037
Asset Writedown	-127.95	-118.78	100.6	-579.8	-221.43	-194.24
Legal Settlements	-	-	-	-	-	137.76
Pretax Income	3,207	7,361	4,136	283.39	16,097	5,980
Income Tax Expense	-124.55	-292.72	-455.21	110.8	3,322	-97.94
Earnings From Continuing Operations	3,332	7,654	4,592	172.59	12,775	6,078
Earnings From Discontinued Operations	-	521.13	2,375	-	-	-
Minority Interest in Earnings	0.07	-40.33	-151.23	59.18	-10.04	4.08
Net Income	3,332	8,134	6,816	231.77	12,765	6,082
Net Income to Common	3,332	8,134	6,816	231.77	12,765	6,082
Net Income Growth	-68.05%	19.35%	2840.72%	-98.18%	109.88%	46.23%
Basic Shares Outstanding	358,445	359,931	360,622	386,287	360,595	359,886
Diluted Shares Outstanding	358,445	359,931	360,622	386,287	360,595	359,886
Shares Change (YoY)	-7.33%	-0.19%	-6.64%	7.12%	0.20%	7.29%
EPS (Basic)	0.01	0.02	0.02	0.00	0.04	0.02
EPS (Diluted)	0.01	0.02	0.02	0.00	0.04	0.02
EPS Growth	-65.52%	19.58%	3050.00%	-98.31%	109.47%	36.29%
Dividend Per Share	0.027	0.027	-	-	-	-
Effective Tax Rate	-	-	-	39.10%	20.64%	-

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