Bank Dhofar SAOG (MSM:BKDB)

Bank Dhofar SAOG Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	-	279.89	261.61	221.27	206.72	205.25
Interest Paid on Deposits	-	165.72	150.79	98.85	104.3	97.61
Net Interest Income	113.76	114.17	110.82	122.42	102.42	107.64
Net Interest Income Growth (YoY)	-0.36%	3.02%	-9.47%	19.52%	-4.85%	-1.30%
Gain (Loss) on Sale of Investments	0.03	0.03	0.04	0.01	2.07	0.11
Other Non-Interest Income	45.35	38.64	33.22	20.72	21.95	22.24
Total Non-Interest Income	45.39	38.67	33.26	20.74	24.02	22.35
Non-Interest Income Growth (YoY)	34.23%	16.27%	60.41%	-13.68%	7.47%	6.92%
Revenues Before Loan Losses	159.14	152.84	144.08	143.15	126.45	129.99
Provision for Loan Losses	25.06	23.8	31.66	33.27	24.65	28.99
Revenue	134.08	129.04	112.42	109.89	101.8	101
Revenue Growth (YoY)	11.58%	14.78%	2.31%	7.95%	0.78%	-6.10%
Salaries and Employee Benefits	-	-	-	-	44.8	41.2
Occupancy Expenses	7.03	7.03	6.5	7.06	7.09	6.67
Selling, General & Administrative	71.82	71.82	62.14	62.63	20.45	17.21
Total Non-Interest Expense	81.78	78.85	68.65	69.68	72.34	65.08
EBT Excluding Unusual Items	52.3	50.19	43.78	40.2	29.46	35.92
Pretax Income	52.3	50.19	43.78	40.2	29.46	35.92
Income Tax Expense	7.15	6.58	5.02	6.03	4.33	5.34
Net Income	45.16	43.61	38.76	34.17	25.12	30.59
Preferred Dividends & Other Adjustments	10.63	10.63	10.8	9.38	9.38	10.14
Net Income to Common	34.53	32.98	27.96	24.8	15.75	20.44
Net Income Growth	6.39%	12.52%	13.42%	36.02%	-17.86%	1.13%
Basic Shares Outstanding	3,040	3,040	3,040	3,040	3,040	3,040
Diluted Shares Outstanding	3,040	3,040	3,040	3,040	3,040	3,040
Shares Change (YoY)	14.71%	-	-	-	-	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.00	0.01
EPS Growth	11.40%	21.34%	9.11%	66.47%	-27.13%	5.74%
Dividend Per Share	-	0.008	0.008	0.005	0.002	0.004
Dividend Growth	-	3.95%	55.10%	145.00%	-48.72%	30.00%
Effective Tax Rate	13.66%	13.11%	11.46%	15.00%	14.71%	14.86%

Updated Jan 26, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.