MUN:NVAB Income Statement

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

Millions THB. 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	191,082	208,029	194,365	139,088	114,313
Interest Income on Investments	2,344	2,345	2,330	2,306	2,252
Total Interest Income	193,426	210,374	196,695	141,394	116,564
Interest Paid on Deposits	67,452	74,129	63,504	36,865	32,156
Net Interest Income	125,974	136,245	133,191	104,530	84,408
Net Interest Income Growth (YoY)	-7.54%	2.29%	27.42%	23.84%	6.73%
Gain (Loss) on Sale of Assets	639.09	913.14	893.76	1,891	519.2
Gain (Loss) on Sale of Investments	10,737	890.88	-482.23	-1,454	1,225
Gain (Loss) on Sale of Equity Investments	174.4	204.59	187.38	189.56	208.86
Other Non-Interest Income	40,973	37,558	33,698	33,738	48,180
Total Non-Interest Income	52,524	39,566	34,297	34,365	50,133
Non-Interest Income Growth (YoY)	32.75%	15.36%	-0.20%	-31.45%	26.46%
Revenues Before Loan Losses	178,498	175,811	167,487	138,895	134,541
Provision for Loan Losses	36,148	34,838	33,667	32,647	34,134
Revenue	142,351	140,973	133,821	106,248	100,407
Revenue Growth (YoY)	0.98%	5.34%	25.95%	5.82%	14.71%
Salaries and Employee Benefits	36,759	35,896	35,921	34,794	35,003
Occupancy Expenses	15,747	16,970	15,738	15,371	14,765
Selling, General & Administrative	294.04	266.28	245.87	259.05	263.45
Other Non-Interest Expense	33,562	31,273	29,870	18,594	17,234
Total Non-Interest Expense	86,363	84,405	81,775	69,019	67,266
EBT Excluding Unusual Items	55,988	56,567	52,046	37,229	33,141
Pretax Income	55,988	56,567	52,046	37,229	33,141
Income Tax Expense	9,622	10,946	9,993	7,484	6,189
Earnings From Continuing Operations	46,366	45,622	42,053	29,746	26,952
Minority Interest in Earnings	-359.27	-410.52	-417.11	-439.93	-445.08
Net Income	46,007	45,211	41,636	29,306	26,507
Net Income to Common	46,007	45,211	41,636	29,306	26,507
Net Income Growth	1.76%	8.59%	42.07%	10.56%	54.29%
Basic Shares Outstanding	1,909	1,909	1,909	1,909	1,909
Diluted Shares Outstanding	1,909	1,909	1,909	1,909	1,909
EPS (Basic)	24.10	23.69	21.81	15.35	13.89
EPS (Diluted)	24.10	23.69	21.81	15.35	13.89
EPS Growth	1.76%	8.59%	42.07%	10.56%	54.29%
Dividend Per Share	-	8.500	7.000	4.500	3.500
Dividend Growth	-	21.43%	55.56%	28.57%	40.00%
Effective Tax Rate	17.19%	19.35%	19.20%	20.10%	18.68%

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