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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	140,568	57,968	41,854	35,787	37,940	25,956
Investment Securities	200,280	152,205	75,945	63,649	73,963	41,107
Total Investments	200,280	152,205	75,945	63,649	73,963	41,107
Gross Loans	271,388	195,530	151,709	124,207	77,273	58,619
Allowance for Loan Losses	-	-9,537	-6,964	-5,483	-3,717	-2,169
Other Adjustments to Gross Loans	-	-13,303	-11,136	-9,181	-5,349	-3,544
Net Loans	271,388	172,690	133,609	109,544	68,207	52,905
Property, Plant & Equipment	11,209	11,987	8,803	7,017	3,283	2,952
Other Intangible Assets	695.48	599.96	624.67	574.84	475.82	481.37
Investments in Real Estate	-	-	492.5	-	1,604	1,604
Accrued Interest Receivable	276.07	4,956	3,368	3,744	3,413	2,715
Other Receivables	-	-	320.5	133.4	1,052	655.93
Restricted Cash	152,125	146,450	75,228	34,008	22,768	27,585
Other Current Assets	49,807	-	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	7,793	30,768	36,912	2,536	735.77	1,087
Total Assets	836,703	580,131	379,819	279,276	233,596	167,273
Accounts Payable	-	586.87	1,935	84.64	154.47	82.68
Accrued Expenses	-	3,056	2,414	1,999	1,442	110.91
Non-Interest Bearing Deposits	324,084	224,464	140,815	111,559	74,581	69,604
Total Deposits	324,084	224,464	140,815	111,559	74,581	69,604
Current Portion of Long-Term Debt	-	1,456	3,143	-	-	-
Current Income Taxes Payable	396.1	605.32	398.66	620.94	558.77	120.25
Accrued Interest Payable	-	731.51	704.82	343.33	32.64	144.71
Other Current Liabilities	-	1,784	1,370	229.96	284.01	279.32
Long-Term Debt	29,473	39,977	29,641	31,536	15,405	11,964
Long-Term Unearned Revenue	-	15.35	49.27	92.1	157.93	50.03
Other Long-Term Liabilities	444,817	268,141	169,544	108,504	123,136	69,366
Total Liabilities	798,770	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	19,202	20,584	11,073	5,574	2,099	80.14
Comprehensive Income & Other	112.32	112.31	112.31	112.31	386.14	112.31
Shareholders' Equity	37,933	39,315	29,805	24,305	17,845	15,552
Total Liabilities & Equity	836,703	580,131	379,819	279,276	233,596	167,273
Total Debt	29,473	41,433	32,784	31,536	15,405	11,964
Net Cash (Debt)	111,095	16,536	9,070	4,250	22,535	13,993
Net Cash Growth	118.30%	82.31%	113.41%	-81.14%	61.05%	-22.14%
Net Cash Per Share	3.22	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	1.10	1.14	0.86	0.70	0.61	0.53
Tangible Book Value	37,238	38,715	29,180	23,730	17,369	15,071
Tangible Book Value Per Share	1.08	1.12	0.84	0.69	0.59	0.51

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