Oman Arab Bank SAOG (MSM:OAB)

Oman Arab Bank SAOG Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	166.61	162.48	145.73	127.09	119.05	118.87
Interest Paid on Deposits	90.97	90.11	75.03	52.62	49.61	47.96
Net Interest Income	75.63	72.37	70.7	74.47	69.44	70.9
Net Interest Income Growth (YoY)	6.59%	2.37%	-5.07%	7.24%	-2.06%	-1.91%
Gain (Loss) on Sale of Investments	0.02	0.02	0.02	-0.03	3.19	-
Other Non-Interest Income	53.72	54.07	49.53	47.91	38.26	31.02
Total Non-Interest Income	53.74	54.1	49.54	47.87	41.45	31.02
Non-Interest Income Growth (YoY)	2.48%	9.19%	3.49%	15.51%	33.61%	50.02%
Revenues Before Loan Losses	129.37	126.47	120.24	122.34	110.89	101.92
Provision for Loan Losses	19.21	18.14	24.73	30.34	35.21	18.57
Revenue	110.16	108.32	95.51	92	75.67	83.36
Revenue Growth (YoY)	13.44%	13.41%	3.82%	21.57%	-9.22%	-4.66%
Salaries and Employee Benefits	43.97	43.42	42.23	42.25	42.16	33.03
Occupancy Expenses	9.86	10.19	9.84	9.23	10.67	6.88
Amortization of Goodwill & Intangibles	-	-	-	0.31	-	-
Selling, General & Administrative	19.01	18.58	19.21	0.3	21.95	25.5
Other Non-Interest Expense	-	-	-	22.65	-	-
Total Non-Interest Expense	72.84	72.18	71.28	74.74	74.78	65.41
EBT Excluding Unusual Items	37.33	36.14	24.23	17.26	0.89	17.95
Other Unusual Items	-	-	-	-	1.17	-
Pretax Income	37.33	36.14	24.23	17.46	8	17.95
Income Tax Expense	5.89	5.7	3.68	1.28	0.92	3.78
Earnings From Continuing Operations	31.44	30.44	20.56	16.18	7.08	14.17
Net Income	31.44	30.44	20.56	16.18	7.08	14.17
Preferred Dividends & Other Adjustments	10.9	10.9	10.71	10.79	10.2	5.52
Net Income to Common	20.54	19.54	9.84	5.39	-3.11	8.66
Net Income Growth	46.52%	48.09%	27.03%	128.51%	-50.03%	-56.47%
Basic Shares Outstanding	1,770	1,750	1,669	1,669	1,669	1,508
Diluted Shares Outstanding	1,770	1,750	1,669	1,669	1,669	1,508
Shares Change (YoY)	6.00%	4.80%	-	-	10.72%	12.01%
EPS (Basic)	0.01	0.01	0.01	0.00	-0.00	0.01
EPS (Diluted)	0.01	0.01	0.01	0.00	-0.00	0.01
EPS Growth	80.32%	89.42%	82.48%	-	-	-71.40%
Effective Tax Rate	15.77%	15.77%	15.18%	7.30%	11.50%	21.05%

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.