APS Bank plc (MSE: APS)

APS Bank Income Statement

Financials in millions EUR. 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	105.03	98.66	73.5	63.25	56.46	50.67
Interest Income on Investments	7.16	7.02	6.49	6.2	6.01	7.55
Total Interest Income	112.19	105.68	79.99	69.45	62.47	58.22
Interest Paid on Deposits	42.49	32.1	14.77	13.77	13.43	13.38
Net Interest Income	69.7	73.59	65.22	55.67	49.04	44.84
Net Interest Income Growth (YoY)	-3.83%	12.82%	17.15%	13.54%	9.36%	16.80%
Gain (Loss) on Sale of Investments	0.6	-	0.98	0.57	-	-
Other Non-Interest Income	11.31	11.88	-1.45	8.01	6.11	11.84
Total Non-Interest Income	11.91	11.88	-0.46	8.58	6.11	11.84
Non-Interest Income Growth (YoY)	55.63%	-	-	40.51%	-48.42%	95.01%
Revenues Before Loan Losses	81.61	85.47	64.76	64.26	55.14	56.68
Provision for Loan Losses	5.66	3.5	-0.25	-1.49	5.54	1.07
Revenue	75.95	81.97	65.02	65.75	49.61	55.61
Revenue Growth (YoY)	-5.72%	26.08%	-1.11%	32.54%	-10.79%	29.60%
Salaries and Employee Benefits	28.56	28.43	25.95	21.85	17.17	15.33
Occupancy Expenses	2.53	2.49	2.53	2.17	2.38	1.93
Amortization of Goodwill & Intangibles	3.05	3.02	2.26	1.91	1.65	1.17
Selling, General & Administrative	19.16	18.7	16.29	14.67	12.35	11.55
Other Non-Interest Expense	-	-	-	-	-	0.38
Total Non-Interest Expense	52.39	51.73	49.24	40.56	33.81	28.77
EBT Excluding Unusual Items	23.56	30.24	15.77	25.18	15.8	26.84
Asset Writedown	-	-	-0.11	-1.12	-	-
Pretax Income	23.56	30.24	15.66	24.07	15.8	26.84
Income Tax Expense	7.08	9.67	9.89	8.97	5.71	7.27
Earnings From Continuing Operations	16.48	20.57	5.77	15.1	10.09	19.57
Minority Interest in Earnings	-0.66	-0.78	2.24	-0.46	-0.24	-0.45
Net Income	15.82	19.8	8	14.64	9.85	19.12
Net Income to Common	15.82	19.8	8	14.64	9.85	19.12
Net Income Growth	-18.11%	147.39%	-45.33%	48.56%	-48.46%	51.59%
Basic Shares Outstanding	378	378	325	255	254	51
Diluted Shares Outstanding	379	379	326	255	254	51
Shares Change (YoY)	-0.99%	16.37%	27.57%	0.46%	400.00%	8.07%
EPS (Basic)	0.04	0.05	0.02	0.06	0.04	0.38
EPS (Diluted)	0.04	0.05	0.02	0.06	0.04	0.38
EPS Growth	-17.94%	111.11%	-57.06%	47.89%	-89.69%	40.27%
Dividend Per Share	0.030	0.031	0.027	0.018	0.015	0.039
Dividend Growth	-14.94%	14.18%	48.07%	24.83%	-63.20%	-62.94%
Effective Tax Rate	30.06%	31.97%	63.17%	37.26%	36.13%	27.08%

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