Stanbic IBTC Holdings PLC (NGX: STANBIC)

Stanbic IBTC Holdings 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	1,375,881	445,133	189,245	232,328	243,275	198,008
Investment Securities	1,056,100	487,247	610,914	646,609	614,100	158,376
Trading Asset Securities	212,236	567,047	203,670	129,957	215,888	281,780
Total Investments	1,268,336	1,054,294	814,584	776,566	829,988	440,156
Gross Loans	2,267,392	2,091,138	1,238,195	946,259	655,292	556,383
Allowance for Loan Losses	-94,026	-58,787	-33,409	-25,215	-30,153	-24,259
Net Loans	2,173,366	2,032,351	1,204,786	921,044	625,139	532,124
Property, Plant & Equipment	87,219	81,071	65,157	46,114	33,703	30,995
Other Intangible Assets	2,089	2,471	3,223	4,011	4,640	5,232
Accrued Interest Receivable	2,266	1,335	779	659	1,378	1,285
Other Receivables	115,737	157,477	105,730	103,393	88,145	54,970
Restricted Cash	514,663	948,414	478,609	436,838	389,840	258,388
Other Current Assets	76,207	95,960	72,437	110,763	16,771	110,724
Long-Term Deferred Tax Assets	1,079	1,194	2,058	3,541	13,163	10,892
Other Real Estate Owned & Foreclosed	128	325	-	-	-	-
Other Long-Term Assets	485,234	323,116	81,434	97,050	240,264	233,682
Total Assets	6,102,205	5,145,596	3,029,026	2,742,764	2,486,306	1,876,456
Accounts Payable	15,034	11,332	66,567	40,980	3,358	7,142
Accrued Expenses	27,738	26,828	17,343	13,525	13,597	14,737
Interest Bearing Deposits	3,547,971	2,950,974	1,898,454	1,602,682	1,325,566	886,743
Total Deposits	3,547,971	2,950,974	1,898,454	1,602,682	1,325,566	886,743
Short-Term Borrowings	103,403	451,956	47,959	25,364	59,781	50,527
Current Portion of Long-Term Debt	-	249,070	123,984	84,432	19,959	7,130
Current Portion of Leases	-	-	-	319	89	-
Current Income Taxes Payable	30,212	23,388	17,564	16,441	20,270	19,230
Other Current Liabilities	1,002,352	573,606	246,482	403,686	453,075	415,766
Long-Term Debt	627,638	196,237	113,991	99,421	137,942	145,509
Long-Term Leases	1,576	1,508	705	154	-	132
Long-Term Unearned Revenue	74,934	4,762	3,577	17,480	1,349	6,672
Long-Term Deferred Tax Liabilities	2,610	1,193	-	-	-	-
Other Long-Term Liabilities	84,220	147,818	84,830	61,414	72,719	20,639
Total Liabilities	5,517,688	4,638,672	2,621,456	2,365,898	2,107,705	1,574,227
Common Stock	6,479	6,479	6,479	6,479	5,553	5,252
Additional Paid-In Capital	102,780	102,780	102,780	102,780	102,780	88,181
Retained Earnings	465,429	379,453	287,220	254,471	273,081	217,595
Comprehensive Income & Other	2,610	10,864	3,083	4,286	-10,391	-14,726
Total Common Equity	577,298	499,576	399,562	368,016	371,023	296,302
Minority Interest	7,219	7,348	8,008	8,850	7,578	5,927
Shareholders' Equity	584,517	506,924	407,570	376,866	378,601	302,229
Total Liabilities & Equity	6,102,205	5,145,596	3,029,026	2,742,764	2,486,306	1,876,456
Total Debt	732,617	898,771	286,639	209,690	217,771	203,298
Net Cash (Debt)	1,352,490	164,999	135,171	162,593	243,216	279,536
Net Cash Growth	247.10%	22.07%	-16.87%	-33.15%	-12.99%	29.58%
Net Cash Per Share	104.38	12.73	10.43	12.55	18.77	22.81
Filing Date Shares Outstanding	12,957	12,957	12,957	12,957	12,957	12,256
Total Common Shares Outstanding	12,957	12,957	12,957	12,957	12,957	12,256
Book Value Per Share	44.55	38.56	30.84	28.40	28.63	24.18
Tangible Book Value	575,209	497,105	396,339	364,005	366,383	291,070
Tangible Book Value Per Share	44.39	38.37	30.59	28.09	28.28	23.75

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