Bank Nizwa SAOG Income Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	102.04	91	80.91	65.75	64.73
Interest Income on Investments	-	-	-	7.05	-
Total Interest Income	102.04	91	80.91	72.8	64.73
Interest Paid on Deposits	53.74	48.24	36.44	30.61	29.24
Net Interest Income	48.3	42.76	44.47	42.19	35.49
Net Interest Income Growth (YoY)	12.95%	-3.84%	5.39%	18.89%	13.08%
Gain (Loss) on Sale of Investments	-	-	-	0.13	0.56
Other Non-Interest Income	14.35	14.57	10.89	10.17	8.3
Total Non-Interest Income	14.35	14.57	10.89	10.3	8.86
Non-Interest Income Growth (YoY)	-1.50%	33.87%	5.67%	16.30%	12.54%
Revenues Before Loan Losses	62.65	57.33	55.36	52.5	44.35
Provision for Loan Losses	8.74	7.81	7.82	11.18	6.9
Revenue	53.91	49.52	47.54	41.32	37.45
Revenue Growth (YoY)	8.86%	4.17%	15.06%	10.34%	15.03%
Salaries and Employee Benefits	17.86	16.66	16.06	-	13.74
Occupancy Expenses	3	2.91	2.92	2.45	1.94
Selling, General & Administrative	10.01	8.97	8.67	3.45	7.2
Other Non-Interest Expense	-	-	-	18.46	-
Total Non-Interest Expense	30.87	28.54	27.65	24.35	22.87
EBT Excluding Unusual Items	23.04	20.98	19.89	16.97	14.57
Asset Writedown	0.21	0.18	-0.13	0.55	-0.23
Pretax Income	23.25	21.16	19.76	17.52	14.34
Income Tax Expense	3.2	3.05	2.73	2.46	1.82
Net Income	20.05	18.11	17.02	15.06	12.53
Preferred Dividends & Other Adjustments	0.96	0.27	-	-	-
Net Income to Common	19.09	17.84	17.02	15.06	12.53
Net Income Growth	10.71%	6.40%	13.06%	20.20%	13.18%
Basic Shares Outstanding	2,237	2,237	2,237	2,237	1,696
Diluted Shares Outstanding	2,363	2,275	2,322	2,237	1,696
Shares Change (YoY)	3.86%	-2.00%	3.79%	31.91%	13.06%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
EPS Growth	0.30%	4.82%	13.06%	-3.86%	-
Dividend Per Share	0.003	0.002	0.002	0.004	0.003
Dividend Growth	10.20%	6.52%	-43.04%	17.38%	175.20%
Effective Tax Rate	13.76%	14.42%	13.84%	14.04%	12.67%

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