SBM Holdings Income Statement

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

Millions MUR. 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	24,459	22,710	20,221	14,632	11,722
Interest Income on Investments	1,272	633	328.41	186.83	135.48
Total Interest Income	25,731	23,343	20,550	14,819	11,858
Interest Paid on Deposits	12,342	11,522	9,245	5,432	3,921
Interest Paid on Borrowings	1,197	646.42	664.63	465.25	395.72
Total Interest Expense	13,538	12,169	9,910	5,897	4,317
Net Interest Income	12,193	11,174	10,640	8,922	7,541
Net Interest Income Growth (YoY)	9.12%	5.02%	19.25%	18.32%	4.79%
Income From Trading Activities	2,479	2,577	2,181	2,084	1,491
Gain (Loss) on Sale of Assets	-	12.89	4.26	5.45	0.93
Gain (Loss) on Sale of Investments	1,217	105.73	85.22	103.6	928.85
Other Non-Interest Income	3,141	2,797	2,742	2,527	1,828
Total Non-Interest Income	6,837	5,460	4,991	4,732	4,255
Non-Interest Income Growth (YoY)	25.21%	9.40%	5.48%	11.21%	5.69%
Revenues Before Loan Losses	19,029	16,634	15,631	13,654	11,795
Provision for Loan Losses	3,534	431.29	1,047	1,333	2,475
Revenue	15,495	16,203	14,584	12,321	9,320
Revenue Growth (YoY)	-4.37%	11.11%	18.36%	32.20%	24.87%
Salaries and Employee Benefits	4,804	4,900	4,276	3,862	3,389
Occupancy Expenses	729.61	637.5	568.89	559.49	500.42
Amortization of Goodwill & Intangibles	794.46	692.55	531.1	495.32	488.99
Selling, General & Administrative	-	185.74	230.62	171.42	108.27
Other Non-Interest Expense	4,038	4,203	3,997	3,049	2,655
Total Non-Interest Expense	10,366	10,619	9,604	8,137	7,142
EBT Excluding Unusual Items	5,129	5,584	4,980	4,184	2,178
Pretax Income	5,129	5,584	4,980	4,184	2,178
Income Tax Expense	915.97	1,245	662.78	548.38	441.32
Earnings From Continuing Operations	4,214	4,339	4,317	3,636	1,737
Earnings From Discontinued Operations	-	-	-	-	1.88
Net Income	4,214	4,339	4,317	3,636	1,739
Net Income to Common	4,214	4,339	4,317	3,636	1,739
Net Income Growth	-2.89%	0.50%	18.74%	109.08%	70.31%
Basic Shares Outstanding	2,582	2,582	2,582	2,582	2,582
Diluted Shares Outstanding	2,582	2,582	2,582	2,582	2,582
Shares Change (YoY)	0.00%	-	-	-	-
EPS (Basic)	1.63	1.68	1.67	1.41	0.67
EPS (Diluted)	1.63	1.68	1.67	1.41	0.67
EPS Growth	-2.89%	0.50%	18.74%	109.08%	70.48%
Dividend Per Share	-	0.500	0.400	0.200	0.200
Dividend Growth	-	25.00%	100.00%	-	-
Effective Tax Rate	17.86%	22.30%	13.31%	13.11%	20.26%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.