SBM Holdings Income Statement

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

Millions MUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	24,139	22,710	20,221	14,632	11,722	11,054
Interest Income on Investments	941.61	633	328.41	186.83	135.48	202.01
Total Interest Income	25,081	23,343	20,550	14,819	11,858	11,256
Interest Paid on Deposits	12,377	11,522	9,245	5,432	3,921	3,625
Interest Paid on Borrowings	1,005	646.42	664.63	465.25	395.72	434.83
Total Interest Expense	13,383	12,169	9,910	5,897	4,317	4,060
Net Interest Income	11,698	11,174	10,640	8,922	7,541	7,196
Net Interest Income Growth (YoY)	7.87%	5.02%	19.25%	18.32%	4.79%	8.35%
Income From Trading Activities	2,375	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	253.8	105.73	85.22	103.6	928.85	1,200
Other Non-Interest Income	3,051	2,797	2,742	2,527	1,828	1,503
Total Non-Interest Income	5,660	5,460	4,991	4,732	4,255	4,025
Non-Interest Income Growth (YoY)	7.42%	9.40%	5.48%	11.21%	5.69%	34.17%
Revenues Before Loan Losses	17,358	16,634	15,631	13,654	11,795	11,222
Provision for Loan Losses	893.55	431.29	1,047	1,333	2,475	3,757
Revenue	16,464	16,203	14,584	12,321	9,320	7,464
Revenue Growth (YoY)	3.20%	11.11%	18.36%	32.20%	24.87%	10.98%
Salaries and Employee Benefits	5,098	4,900	4,276	3,862	3,389	2,842
Occupancy Expenses	673.51	637.5	568.89	559.49	500.42	473.83
Amortization of Goodwill & Intangibles	782.35	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	3,888	4,203	3,997	3,049	2,655	2,168
Total Non-Interest Expense	10,628	10,619	9,604	8,137	7,142	6,151
EBT Excluding Unusual Items	5,837	5,584	4,980	4,184	2,178	1,313
Pretax Income	5,837	5,584	4,980	4,184	2,178	1,313
Income Tax Expense	726.01	1,245	662.78	548.38	441.32	300.13
Earnings From Continuing Operations	5,111	4,339	4,317	3,636	1,737	1,013
Earnings From Discontinued Operations	-	-	-	-	1.88	7.91
Net Income	5,111	4,339	4,317	3,636	1,739	1,021
Net Income to Common	5,111	4,339	4,317	3,636	1,739	1,021
Net Income Growth	19.34%	0.50%	18.74%	109.08%	70.31%	5782.75%
Basic Shares Outstanding	2,582	2,582	2,582	2,582	2,582	2,582
Diluted Shares Outstanding	2,582	2,582	2,582	2,582	2,582	2,582
EPS (Basic)	1.98	1.68	1.67	1.41	0.67	0.40
EPS (Diluted)	1.98	1.68	1.67	1.41	0.67	0.40
EPS Growth	19.31%	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	12.44%	22.30%	13.31%	13.11%	20.26%	22.85%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.