Bank Nizwa SAOG Income Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Interest Income on Loans	77.62	70.79	65.75	64.73	54.75	5.61	Upgrade
Interest Income on Investments	10.52	9.57	7.05	-	-	0.18	Upgrade
Total Interest Income	88.14	80.36	72.8	64.73	54.75	5.79	Upgrade
Interest Paid on Deposits	45.92	36.44	30.61	29.24	23.37	7.5	Upgrade
Net Interest Income	42.23	43.92	42.19	35.49	31.38	-1.71	Upgrade
Net Interest Income Growth (YoY)	-3.83%	4.09%	18.89%	13.08%	-	-	Upgrade
Gain (Loss) on Sale of Investments	0.11	0.11	0.13	0.56	0.13	2.37	Upgrade
Other Non-Interest Income	13.32	11.32	10.17	8.3	7.74	32.36	Upgrade
Total Non-Interest Income	13.43	11.44	10.3	8.86	7.87	34.73	Upgrade
Non-Interest Income Growth (YoY)	22.13%	11.01%	16.30%	12.54%	-77.34%	9.46%	Upgrade
Revenues Before Loan Losses	55.66	55.36	52.5	44.35	39.25	33.02	Upgrade
Provision for Loan Losses	6.41	7.82	11.18	6.9	6.7	3.45	Upgrade
Revenue	49.25	47.54	41.32	37.45	32.55	29.57	Upgrade
Revenue Growth (YoY)	11.94%	15.06%	10.34%	15.03%	10.08%	17.21%	Upgrade
Salaries and Employee Benefits	0.47	-	-	13.74	12.25	-	Upgrade
Occupancy Expenses	2.87	2.92	2.45	1.94	0.93	0.91	Upgrade
Selling, General & Administrative	3.9	3.58	3.45	7.2	6.47	2.77	Upgrade
Other Non-Interest Expense	21.17	21.15	18.46	-	-	14.75	Upgrade
Total Non-Interest Expense	28.41	27.65	24.35	22.87	19.66	18.43	Upgrade
EBT Excluding Unusual Items	20.84	19.89	16.97	14.57	12.9	11.14	Upgrade
Asset Writedown	-0.13	-0.13	0.55	-0.23	-	0.85	Upgrade
Pretax Income	20.7	19.76	17.52	14.34	12.9	11.99	Upgrade
Income Tax Expense	2.93	2.73	2.46	1.82	1.83	1.81	Upgrade
Net Income	17.77	17.02	15.06	12.53	11.07	10.18	Upgrade
Net Income to Common	17.77	17.02	15.06	12.53	11.07	10.18	Upgrade
Net Income Growth	11.03%	13.06%	20.20%	13.18%	8.72%	35.51%	Upgrade
Basic Shares Outstanding	2,237	2,237	2,237	1,696	1,500	1,500	Upgrade
Diluted Shares Outstanding	2,237	2,237	2,237	1,696	1,500	1,500	Upgrade
Shares Change (YoY)	-3.24%	-	31.91%	13.06%	-	-	Upgrade
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01	Upgrade
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01	Upgrade
EPS Growth	13.09%	13.06%	-3.86%	0%	3.15%	35.53%	Upgrade
Dividend Per Share	0.002	0.002	0.004	0.003	0.001	-	Upgrade
Dividend Growth	-43.04%	-43.04%	17.38%	175.20%	-	-	Upgrade
Effective Tax Rate	14.15%	13.84%	14.04%	12.67%	14.20%	15.13%	Upgrade

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