SBM Holdings Ltd (MUSE:SBMH.N0000)

SBM Holdings Income Statement

Financials in millions MUR. 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	23,321	22,710	20,221	14,632	11,722	11,054
Interest Income on Investments	712.09	633	328.41	186.83	135.48	202.01
Total Interest Income	24,033	23,343	20,550	14,819	11,858	11,256
Interest Paid on Deposits	11,931	11,522	9,245	5,432	3,921	3,625
Interest Paid on Borrowings	728.67	646.42	664.63	465.25	395.72	434.83
Total Interest Expense	12,659	12,169	9,910	5,897	4,317	4,060
Net Interest Income	11,374	11,174	10,640	8,922	7,541	7,196
Net Interest Income Growth (YoY)	5.25%	5.02%	19.25%	18.32%	4.79%	8.35%
Income From Trading Activities	2,596	2,577	2,181	2,084	1,491	1,051
Gain (Loss) on Sale of Assets	12.89	12.89	4.26	5.45	0.93	90.48
Gain (Loss) on Sale of Investments	175.66	105.73	85.22	103.6	928.85	1,200
Other Non-Interest Income	2,799	2,797	2,742	2,527	1,828	1,503
Total Non-Interest Income	5,551	5,460	4,991	4,732	4,255	4,025
Non-Interest Income Growth (YoY)	16.55%	9.40%	5.48%	11.21%	5.69%	34.17%
Revenues Before Loan Losses	16,925	16,634	15,631	13,654	11,795	11,222
Provision for Loan Losses	484.86	431.29	1,047	1,333	2,475	3,757
Revenue	16,440	16,203	14,584	12,321	9,320	7,464
Revenue Growth (YoY)	10.40%	11.11%	18.36%	32.20%	24.87%	10.98%
Salaries and Employee Benefits	4,953	4,900	4,276	3,862	3,389	2,842
Occupancy Expenses	652.82	637.5	568.89	559.49	500.42	473.83
Amortization of Goodwill & Intangibles	734.56	692.55	531.1	495.32	488.99	575.39
Selling, General & Administrative	185.74	185.74	230.62	171.42	108.27	91.56
Other Non-Interest Expense	3,882	4,203	3,997	3,049	2,655	2,168
Total Non-Interest Expense	10,408	10,619	9,604	8,137	7,142	6,151
EBT Excluding Unusual Items	6,032	5,584	4,980	4,184	2,178	1,313
Pretax Income	6,032	5,584	4,980	4,184	2,178	1,313
Income Tax Expense	1,177	1,245	662.78	548.38	441.32	300.13
Earnings From Continuing Operations	4,855	4,339	4,317	3,636	1,737	1,013
Earnings From Discontinued Operations	-	-	-	-	1.88	7.91
Net Income	4,855	4,339	4,317	3,636	1,739	1,021
Net Income to Common	4,855	4,339	4,317	3,636	1,739	1,021
Net Income Growth	11.91%	0.50%	18.74%	109.08%	70.31%	5782.75%
Basic Shares Outstanding	2,583	2,582	2,582	2,582	2,582	2,582
Diluted Shares Outstanding	2,583	2,582	2,582	2,582	2,582	2,582
EPS (Basic)	1.88	1.68	1.67	1.41	0.67	0.40
EPS (Diluted)	1.88	1.68	1.67	1.41	0.67	0.40
EPS Growth	11.77%	0.50%	18.74%	109.08%	70.48%	5777.15%
Dividend Per Share	0.500	0.500	0.400	0.200	0.200	-
Dividend Growth	25.00%	25.00%	100.00%	-	-	-
Effective Tax Rate	19.51%	22.30%	13.31%	13.11%	20.26%	22.85%

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.