National Bank of Oman SAOG (MSM: NBOB)

NBOB Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	269.34	242.53	194.01	175.32	172.13	171.38
Interest Paid on Deposits	161.73	131.99	90.47	83.73	81.22	77.35
Net Interest Income	107.61	110.54	103.54	91.58	90.9	94.03
Net Interest Income Growth (YoY)	-4.50%	6.76%	13.06%	0.75%	-3.33%	1.79%
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.01
Gain (Loss) on Sale of Investments	0.29	0.78	2.42	0.89	0.09	-0.12
Other Non-Interest Income	39.6	34.55	32.28	30.88	25.97	34.42
Total Non-Interest Income	39.89	35.33	34.7	31.77	26.06	34.32
Non-Interest Income Growth (YoY)	17.21%	1.81%	9.22%	21.91%	-24.06%	-6.33%
Revenues Before Loan Losses	147.49	145.87	138.24	123.35	116.96	128.35
Provision for Loan Losses	15.45	15.7	20.25	23.99	31.33	7.75
Revenue	132.04	130.17	117.99	99.37	85.63	120.6
Revenue Growth (YoY)	1.61%	10.32%	18.74%	16.04%	-28.99%	-0.84%
Salaries and Employee Benefits	38.56	38.21	36.71	38.89	38.54	38.8
Occupancy Expenses	6.29	6.1	5.86	6.14	6.47	6.11
Selling, General & Administrative	-	-	-	-	18.81	-
Other Non-Interest Expense	16.52	17.6	17.94	18.47	-	18.74
Total Non-Interest Expense	61.37	61.91	60.52	63.5	63.83	63.65
EBT Excluding Unusual Items	70.67	68.26	57.47	35.87	21.81	56.95
Pretax Income	70.67	68.26	57.47	35.87	21.81	56.95
Income Tax Expense	10.28	10.23	9.26	5.59	3.66	5.52
Net Income	60.39	58.03	48.21	30.28	18.15	51.43
Preferred Dividends & Other Adjustments	12.73	12.73	9.24	8.46	9.1	7.08
Net Income to Common	47.67	45.3	38.97	21.82	9.05	44.36
Net Income Growth	7.82%	20.36%	59.23%	66.83%	-64.71%	1.63%
Basic Shares Outstanding	1,626	1,626	1,626	1,626	1,626	1,626
Diluted Shares Outstanding	1,626	1,626	1,626	1,626	1,626	1,626
EPS (Basic)	0.03	0.03	0.02	0.01	0.01	0.03
EPS (Diluted)	0.03	0.03	0.02	0.01	0.01	0.03
EPS Growth	5.85%	16.25%	78.65%	140.99%	-79.59%	12.32%
Dividend Per Share	0.009	0.009	0.007	0.004	-	0.017
Dividend Growth	14.86%	14.86%	100.00%	-	-	6.25%
Effective Tax Rate	14.55%	14.99%	16.11%	15.59%	16.78%	9.70%

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