SBM Holdings Ltd (MUSE: SBMH.N0000)

SBM Holdings Income Statement

Financials in millions MUR. 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	21,811	20,221	14,632	11,722	11,054	10,814
Interest Income on Investments	672.73	328.41	186.83	135.48	202.01	147.56
Total Interest Income	22,484	20,550	14,819	11,858	11,256	10,961
Interest Paid on Deposits	10,765	9,245	5,432	3,921	3,625	4,155
Interest Paid on Borrowings	873.38	664.63	465.25	395.72	434.83	163.91
Total Interest Expense	11,639	9,910	5,897	4,317	4,060	4,319
Net Interest Income	10,845	10,640	8,922	7,541	7,196	6,642
Net Interest Income Growth (YoY)	3.37%	19.25%	18.32%	4.79%	8.35%	9.69%
Income From Trading Activities	2,552	2,181	2,084	1,491	1,051	1,237
Gain (Loss) on Sale of Assets	6.47	6.47	5.45	0.93	90.48	4.49
Gain (Loss) on Sale of Investments	79.22	85.22	103.6	928.85	1,200	77.43
Other Non-Interest Income	2,653	2,740	2,527	1,828	1,503	1,654
Total Non-Interest Income	5,269	4,991	4,732	4,255	4,025	3,000
Non-Interest Income Growth (YoY)	4.35%	5.48%	11.21%	5.69%	34.17%	3.25%
Revenues Before Loan Losses	16,114	15,631	13,654	11,795	11,222	9,642
Provision for Loan Losses	160.56	1,047	1,333	2,475	3,757	2,916
Revenue	15,954	14,584	12,321	9,320	7,464	6,726
Revenue Growth (YoY)	9.25%	18.36%	32.20%	24.87%	10.98%	24.52%
Salaries and Employee Benefits	4,599	4,276	3,862	3,389	2,842	2,838
Occupancy Expenses	612.52	568.89	559.49	500.42	473.83	473.18
Amortization of Goodwill & Intangibles	643.68	531.1	495.32	488.99	575.39	616.92
Selling, General & Administrative	230.62	230.62	171.42	108.27	91.56	130.96
Other Non-Interest Expense	4,188	3,997	3,049	2,655	2,168	2,054
Total Non-Interest Expense	10,273	9,604	8,137	7,142	6,151	5,973
EBT Excluding Unusual Items	5,680	4,980	4,184	2,178	1,313	752.45
Pretax Income	5,680	4,980	4,184	2,178	1,313	752.45
Income Tax Expense	1,397	662.78	548.38	441.32	300.13	717.13
Earnings From Continuing Operations	4,283	4,317	3,636	1,737	1,013	35.32
Earnings From Discontinued Operations	-	-	-	1.88	7.91	-17.97
Net Income	4,283	4,317	3,636	1,739	1,021	17.36
Net Income to Common	4,283	4,317	3,636	1,739	1,021	17.36
Net Income Growth	-11.77%	18.74%	109.08%	70.31%	5782.75%	-98.71%
Basic Shares Outstanding	2,581	2,582	2,582	2,582	2,582	2,582
Diluted Shares Outstanding	2,581	2,582	2,582	2,582	2,582	2,582
Shares Change (YoY)	-0.00%	-	-	-	-	-
EPS (Basic)	1.66	1.67	1.41	0.67	0.40	0.01
EPS (Diluted)	1.66	1.67	1.41	0.67	0.40	0.01
EPS Growth	-11.76%	18.74%	109.08%	70.48%	5777.15%	-98.71%
Dividend Per Share	0.400	0.400	0.200	0.200	-	0.300
Dividend Growth	100.00%	100.00%	0%	-	-	0%
Effective Tax Rate	24.60%	13.31%	13.11%	20.26%	22.85%	95.31%

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