SBN Holdings Income Statement

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

Millions NAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	-	3,553	3,347	2,406	1,965	2,173
Interest Paid on Deposits	-	1,486	1,547	961.35	735.95	1,004
Net Interest Income	2,097	2,067	1,800	1,445	1,229	1,169
Net Interest Income Growth (YoY)	7.11%	14.85%	24.59%	17.53%	5.16%	-12.27%
Income From Trading Activities	204.73	221.67	198.51	150.18	113.94	99.56
Gain (Loss) on Sale of Assets	0.47	0.47	1.23	3.43	0.7	-0.76
Gain (Loss) on Sale of Investments	-	-	-	-	-	-1.6
Gain (Loss) on Sale of Equity Investments	95.52	95.52	88.52	-	-	-
Other Non-Interest Income	1,406	1,360	1,168	1,133	1,095	1,093
Total Non-Interest Income	1,706	1,678	1,456	1,287	1,210	1,190
Non-Interest Income Growth (YoY)	10.30%	15.23%	13.20%	6.37%	1.61%	-5.59%
Revenues Before Loan Losses	3,803	3,745	3,256	2,731	2,439	2,359
Provision for Loan Losses	86.09	106.1	163.41	161.21	288.75	253.91
Revenue	3,717	3,639	3,093	2,570	2,150	2,105
Revenue Growth (YoY)	9.99%	17.67%	20.34%	19.54%	2.12%	-10.57%
Salaries and Employee Benefits	-	-	-	-	-	799.42
Occupancy Expenses	-	-	-	-	-	182
Amortization of Goodwill & Intangibles	-	-	-	-	-	39.8
Selling, General & Administrative	114.5	118.92	73.38	69.54	60.6	353.35
Other Non-Interest Expense	2,061	2,031	1,927	1,640	1,568	153.17
Total Non-Interest Expense	2,176	2,150	2,000	1,709	1,629	1,528
EBT Excluding Unusual Items	1,541	1,489	1,093	860.64	521.22	577.7
Asset Writedown	-0.42	-0.42	-0.68	-1.78	-2.02	-
Pretax Income	1,527	1,476	1,066	858.86	519.21	577.7
Income Tax Expense	423.44	423.08	296.62	234.58	153	156.51
Earnings From Continuing Operations	1,104	1,053	769.71	624.28	366.21	421.19
Minority Interest in Earnings	-3.07	-2.71	-3.45	-0.68	-0.82	0.14
Net Income	1,101	1,050	766.27	623.6	365.39	421.33
Net Income to Common	1,101	1,050	766.27	623.6	365.39	421.33
Net Income Growth	21.45%	37.02%	22.88%	70.67%	-13.28%	-31.27%
Basic Shares Outstanding	524	522	522	522	522	522
Diluted Shares Outstanding	524	522	522	522	522	522
Shares Change (YoY)	0.43%	-	-	-	-	3.91%
EPS (Basic)	2.10	2.01	1.47	1.19	0.70	0.81
EPS (Diluted)	2.10	2.01	1.47	1.19	0.70	0.81
EPS Growth	20.92%	37.02%	22.88%	70.67%	-13.28%	-33.85%
Dividend Per Share	1.340	1.380	1.000	0.660	0.310	0.350
Dividend Growth	6.35%	38.00%	51.52%	112.90%	-11.43%	27.88%
Effective Tax Rate	27.72%	28.67%	27.82%	27.31%	29.47%	27.09%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.