National Bank of Oman SAOG (MSM:NBOB)

MSM:NBOB 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	272.02	242.53	194.01	175.32	172.13
Interest Paid on Deposits	163.24	131.99	90.47	83.73	81.22
Net Interest Income	108.78	110.54	103.54	91.58	90.9
Net Interest Income Growth (YoY)	-1.59%	6.76%	13.06%	0.75%	-3.33%
Gain (Loss) on Sale of Investments	0.15	0.78	2.42	0.89	0.09
Other Non-Interest Income	42.39	34.55	32.28	30.88	25.97
Total Non-Interest Income	42.54	35.33	34.7	31.77	26.06
Non-Interest Income Growth (YoY)	20.43%	1.81%	9.22%	21.91%	-24.06%
Revenues Before Loan Losses	151.33	145.87	138.24	123.35	116.96
Provision for Loan Losses	14.14	15.7	20.25	23.99	31.33
Revenue	137.19	130.17	117.99	99.37	85.63
Revenue Growth (YoY)	5.39%	10.32%	18.74%	16.04%	-28.99%
Salaries and Employee Benefits	39.37	38.21	36.71	38.89	38.54
Occupancy Expenses	6.33	6.1	5.86	6.14	6.47
Selling, General & Administrative	17.28	-	-	-	18.81
Other Non-Interest Expense	-	17.6	17.94	18.47	-
Total Non-Interest Expense	62.98	61.91	60.52	63.5	63.83
EBT Excluding Unusual Items	74.21	68.26	57.47	35.87	21.81
Pretax Income	74.21	68.26	57.47	35.87	21.81
Income Tax Expense	11.14	10.23	9.26	5.59	3.66
Net Income	63.06	58.03	48.21	30.28	18.15
Preferred Dividends & Other Adjustments	12.73	12.73	9.24	8.46	9.1
Net Income to Common	50.34	45.3	38.97	21.82	9.05
Net Income Growth	8.67%	20.36%	59.23%	66.83%	-64.71%
Basic Shares Outstanding	1,626	1,626	1,626	1,626	1,626
Diluted Shares Outstanding	1,626	1,626	1,626	1,626	1,626
EPS (Basic)	0.03	0.03	0.02	0.01	0.01
EPS (Diluted)	0.03	0.03	0.02	0.01	0.01
EPS Growth	11.11%	16.25%	78.65%	140.99%	-79.59%
Dividend Per Share	0.009	0.009	0.007	0.004	-
Dividend Growth	10.59%	14.86%	100.00%	-	-
Effective Tax Rate	15.02%	14.99%	16.11%	15.59%	16.78%

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