Jaiz Bank Plc (NGX:JAIZBANK)

Jaiz Bank Income Statement

Financials in millions NGN. 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	36,626	34,352	28,717	21,589	15,205	10,758
Interest Income on Investments	45,079	42,081	15,798	9,862	8,972	8,003
Total Interest Income	81,705	76,433	44,515	31,450	24,177	18,761
Interest Paid on Deposits	22,218	21,339	11,100	6,905	4,940	3,789
Net Interest Income	59,487	55,094	33,415	24,545	19,237	14,972
Net Interest Income Growth (YoY)	61.32%	64.88%	36.14%	27.59%	28.49%	41.11%
Other Non-Interest Income	6,449	6,409	2,722	1,836	1,451	852.97
Total Non-Interest Income	6,449	6,409	2,722	1,836	1,451	852.97
Non-Interest Income Growth (YoY)	97.24%	135.47%	48.25%	26.51%	70.14%	-28.75%
Revenues Before Loan Losses	65,936	61,503	36,137	26,381	20,689	15,825
Provision for Loan Losses	54.35	-979.65	4,320	3,889	3,721	3,028
Revenue	65,882	62,483	31,817	22,492	16,968	12,797
Revenue Growth (YoY)	74.76%	96.38%	41.46%	32.56%	32.60%	20.03%
Salaries and Employee Benefits	14,737	13,759	9,258	8,100	7,238	4,902
Occupancy Expenses	2,057	1,848	1,872	1,632	781.98	811.62
Selling, General & Administrative	2,522	2,522	356.51	298.31	-	453.84
Other Non-Interest Expense	20,192	19,024	9,277	5,829	4,789	3,563
Total Non-Interest Expense	39,507	37,151	20,764	15,859	12,810	9,731
EBT Excluding Unusual Items	26,375	25,331	11,054	6,633	4,158	3,066
Pretax Income	26,375	25,331	11,054	6,633	4,158	3,066
Income Tax Expense	508.42	481.3	-183.59	-248.54	73.58	162.76
Net Income	25,866	24,850	11,237	6,881	4,085	2,903
Net Income to Common	25,866	24,850	11,237	6,881	4,085	2,903
Net Income Growth	67.04%	121.14%	63.30%	68.47%	40.69%	18.85%
Basic Shares Outstanding	37,887	35,379	34,541	34,541	31,157	29,464
Diluted Shares Outstanding	37,887	35,379	34,541	34,541	31,157	29,464
Shares Change (YoY)	9.66%	2.42%	-	10.86%	5.74%	-
EPS (Basic)	0.68	0.70	0.33	0.20	0.13	0.10
EPS (Diluted)	0.68	0.70	0.33	0.20	0.13	0.10
EPS Growth	52.32%	115.91%	63.30%	51.96%	33.05%	18.85%
Dividend Per Share	-	0.078	0.040	0.050	0.040	0.030
Dividend Growth	-	94.50%	-20.00%	25.00%	33.33%	-
Effective Tax Rate	1.93%	1.90%	-	-	1.77%	5.31%

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