Bank of Valletta p.l.c. (MSE:BOV)

Bank of Valletta p.l.c. Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	282.23	306.75	323.4	196.28	172.43
Interest Income on Investments	164.56	130.99	80.74	24.57	23.83
Total Interest Income	446.79	437.74	404.14	220.85	196.26
Interest Paid on Deposits	58.83	51.26	49.4	18.31	38.5
Net Interest Income	387.96	386.48	354.74	202.54	157.76
Net Interest Income Growth (YoY)	0.38%	8.95%	75.14%	28.39%	7.30%
Income From Trading Activities	13.62	13.79	8.21	14.16	10.51
Gain (Loss) on Sale of Investments	-0.09	4.1	0.01	0.09	0.05
Other Non-Interest Income	88.96	81.38	78.05	76.57	74.6
Total Non-Interest Income	102.48	99.27	86.26	90.82	85.15
Non-Interest Income Growth (YoY)	3.23%	15.08%	-5.01%	6.65%	0.66%
Revenues Before Loan Losses	490.44	485.76	441	293.36	242.91
Provision for Loan Losses	0.04	-23.83	-10.48	-49.08	-18.86
Revenue	490.4	509.59	451.48	342.43	261.76
Revenue Growth (YoY)	-3.77%	12.87%	31.85%	30.82%	57.23%
Salaries and Employee Benefits	136.83	123.36	111.06	100.03	81.57
Occupancy Expenses	8.19	7.16	7.39	7.78	8.43
Amortization of Goodwill & Intangibles	12.77	13.15	13.79	11.86	11.71
Selling, General & Administrative	89.02	73.02	78.66	72.95	93.9
Total Non-Interest Expense	236.4	207.22	199.87	190.4	181.11
EBT Excluding Unusual Items	253.99	302.37	251.61	152.03	80.66
Legal Settlements	-	-	-	-102.96	-
Other Unusual Items	6.4	-	-	-	-
Pretax Income	260.39	302.37	251.61	49.08	80.66
Income Tax Expense	88.69	102.77	83.68	17.55	24.47
Earnings From Continuing Operations	171.71	199.6	167.94	31.53	56.19
Net Income	171.71	199.6	167.94	31.53	56.19
Net Income to Common	171.71	199.6	167.94	31.53	56.19
Net Income Growth	-13.97%	18.85%	432.66%	-43.89%	307.12%
Basic Shares Outstanding	642	642	642	642	642
Diluted Shares Outstanding	642	642	642	642	642
Shares Change (YoY)	-0.02%	-	-	-	-
EPS (Basic)	0.27	0.31	0.26	0.05	0.09
EPS (Diluted)	0.27	0.31	0.26	0.05	0.09
EPS Growth	-13.96%	18.85%	432.66%	-43.89%	307.13%
Dividend Per Share	0.187	0.203	0.106	-	0.024
Dividend Growth	-8.11%	92.71%	-	-	-
Effective Tax Rate	34.06%	33.99%	33.26%	35.75%	30.34%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.