Bank Dhofar SAOG (MSM:BKDB)

Bank Dhofar SAOG Income Statement

Financials in millions OMR. 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	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	114.17	110.82	122.42	102.42	107.64
Net Interest Income Growth (YoY)	3.02%	-9.47%	19.52%	-4.85%	-1.30%
Gain (Loss) on Sale of Investments	0.03	0.04	0.01	2.07	0.11
Other Non-Interest Income	38.64	33.22	20.72	21.95	22.24
Total Non-Interest Income	38.67	33.26	20.74	24.02	22.35
Non-Interest Income Growth (YoY)	16.27%	60.41%	-13.68%	7.47%	6.92%
Revenues Before Loan Losses	152.84	144.08	143.15	126.45	129.99
Provision for Loan Losses	23.8	31.66	33.27	24.65	28.99
Revenue	129.04	112.42	109.89	101.8	101
Revenue Growth (YoY)	14.78%	2.31%	7.95%	0.78%	-6.10%
Salaries and Employee Benefits	-	-	-	44.8	41.2
Occupancy Expenses	7.03	6.5	7.06	7.09	6.67
Selling, General & Administrative	71.82	62.14	62.63	20.45	17.21
Total Non-Interest Expense	78.85	68.65	69.68	72.34	65.08
EBT Excluding Unusual Items	50.19	43.78	40.2	29.46	35.92
Pretax Income	50.19	43.78	40.2	29.46	35.92
Income Tax Expense	6.58	5.02	6.03	4.33	5.34
Net Income	43.61	38.76	34.17	25.12	30.59
Preferred Dividends & Other Adjustments	10.63	10.8	9.38	9.38	10.14
Net Income to Common	32.98	27.96	24.8	15.75	20.44
Net Income Growth	12.52%	13.42%	36.02%	-17.86%	1.13%
Basic Shares Outstanding	3,040	3,040	3,040	3,040	3,040
Diluted Shares Outstanding	3,040	3,040	3,040	3,040	3,040
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.00	0.01
EPS Growth	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	13.11%	11.46%	15.00%	14.71%	14.86%

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