Jaiz Bank Plc (NGX: JAIZBANK)

Jaiz Bank Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	157,057	57,968	41,854	35,787	37,940	25,956
Investment Securities	168,067	152,205	75,945	63,649	73,963	41,107
Total Investments	168,067	152,205	75,945	63,649	73,963	41,107
Gross Loans	239,151	195,530	151,709	124,207	77,273	58,619
Allowance for Loan Losses	-9,347	-9,537	-6,964	-5,483	-3,717	-2,169
Other Adjustments to Gross Loans	-13,367	-13,303	-11,136	-9,181	-5,349	-3,544
Net Loans	216,436	172,690	133,609	109,544	68,207	52,905
Property, Plant & Equipment	11,865	11,987	8,803	7,017	3,283	2,952
Other Intangible Assets	728.07	599.96	624.67	574.84	475.82	481.37
Investments in Real Estate	985.2	-	492.5	-	1,604	1,604
Accrued Interest Receivable	6,476	4,956	3,368	3,744	3,413	2,715
Other Receivables	864.65	-	320.5	133.4	1,052	655.93
Restricted Cash	120,704	146,450	75,228	34,008	22,768	27,585
Other Current Assets	35,026	-	824.54	19,688	17,115	7,509
Long-Term Deferred Tax Assets	2,443	2,443	1,747	1,249	832.25	462.19
Other Real Estate Owned & Foreclosed	3.16	5.16	44.35	1,305	2,160	2,160
Other Long-Term Assets	1,013	30,768	36,912	2,536	735.77	1,087
Total Assets	721,789	580,131	379,819	279,276	233,596	167,273
Accounts Payable	5,401	586.87	1,935	84.64	154.47	82.68
Accrued Expenses	3,908	3,056	2,414	1,999	1,442	110.91
Non-Interest Bearing Deposits	299,087	224,464	140,815	111,559	74,581	69,604
Total Deposits	299,087	224,464	140,815	111,559	74,581	69,604
Current Portion of Long-Term Debt	-	1,456	3,143	-	-	-
Current Income Taxes Payable	362.05	605.32	398.66	620.94	558.77	120.25
Accrued Interest Payable	903.56	731.51	704.82	343.33	32.64	144.71
Other Current Liabilities	876.66	1,784	1,370	229.96	284.01	279.32
Long-Term Debt	29,868	39,977	29,641	31,536	15,405	11,964
Long-Term Unearned Revenue	15.35	15.35	49.27	92.1	157.93	50.03
Other Long-Term Liabilities	342,052	268,141	169,544	108,504	123,136	69,366
Total Liabilities	682,474	540,816	350,015	254,970	215,751	151,721
Common Stock	17,271	17,271	17,271	17,271	14,732	14,732
Additional Paid-In Capital	1,348	1,348	1,348	1,348	627.37	627.37
Retained Earnings	20,584	20,584	11,073	5,574	2,099	80.14
Comprehensive Income & Other	112.31	112.31	112.31	112.31	386.14	112.31
Shareholders' Equity	39,315	39,315	29,805	24,305	17,845	15,552
Total Liabilities & Equity	721,789	580,131	379,819	279,276	233,596	167,273
Total Debt	29,868	41,433	32,784	31,536	15,405	11,964
Net Cash (Debt)	127,189	16,536	9,070	4,250	22,535	13,993
Net Cash Growth	329.53%	82.31%	113.41%	-81.14%	61.05%	-22.14%
Net Cash Per Share	3.68	0.48	0.26	0.14	0.76	0.47
Filing Date Shares Outstanding	34,541	34,541	34,541	34,541	29,464	29,464
Total Common Shares Outstanding	34,541	34,541	34,541	34,541	29,464	29,464
Book Value Per Share	1.14	1.14	0.86	0.70	0.61	0.53
Tangible Book Value	38,587	38,715	29,180	23,730	17,369	15,071
Tangible Book Value Per Share	1.12	1.12	0.84	0.69	0.59	0.51

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