Bank of Ireland Group plc (BKRIF)

Bank of Ireland Group Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	5,792	5,413	2,772	2,398	2,321
Interest Income on Investments	950	916	378	372	387
Total Interest Income	6,742	6,329	3,150	2,770	2,708
Interest Paid on Deposits	3,141	2,622	663	543	619
Net Interest Income	3,601	3,707	2,487	2,227	2,089
Net Interest Income Growth (YoY)	-2.86%	49.06%	11.67%	6.61%	-3.51%
Income From Trading Activities	105	65	34	111	26
Gain (Loss) on Sale of Assets	53	-5	1	2	13
Gain (Loss) on Sale of Investments	1,526	1,238	-1,200	16	7
Other Non-Interest Income	-861	-491	1,822	635	523
Total Non-Interest Income	823	807	657	764	569
Non-Interest Income Growth (YoY)	1.98%	22.83%	-14.01%	34.27%	-20.20%
Revenues Before Loan Losses	4,424	4,514	3,144	2,991	2,658
Provision for Loan Losses	107	425	187	-194	1,133
Revenue	4,317	4,089	2,957	3,185	1,525
Revenue Growth (YoY)	5.58%	38.28%	-7.16%	108.85%	-42.76%
Salaries and Employee Benefits	979	924	812	815	826
Occupancy Expenses	91	64	55	74	98
Amortization of Goodwill & Intangibles	193	168	152	150	164
Selling, General & Administrative	945	764	758	687	618
Other Non-Interest Expense	125	170	142	130	181
Total Non-Interest Expense	2,299	2,065	1,879	1,851	1,891
EBT Excluding Unusual Items	2,018	2,024	1,078	1,334	-366
Asset Writedown	-102	-44	-50	-3	-140
Other Unusual Items	-4	-22	-	-	-
Pretax Income	1,855	1,938	1,011	1,221	-760
Income Tax Expense	324	337	153	166	-53
Earnings From Continuing Operations	1,531	1,601	858	1,055	-707
Minority Interest in Earnings	-	-6	-8	-7	-35
Net Income	1,531	1,595	850	1,048	-742
Preferred Dividends & Other Adjustments	78	109	69	68	35
Net Income to Common	1,453	1,486	781	980	-777
Net Income Growth	-4.01%	87.65%	-18.89%	-	-
Basic Shares Outstanding	1,024	1,061	1,071	1,075	1,073
Diluted Shares Outstanding	1,024	1,061	1,071	1,075	1,073
Shares Change (YoY)	-3.49%	-0.93%	-0.37%	0.19%	-0.19%
EPS (Basic)	1.42	1.40	0.73	0.91	-0.72
EPS (Diluted)	1.42	1.40	0.73	0.91	-0.72
EPS Growth	1.31%	92.12%	-20.03%	-	-
Dividend Per Share	0.630	0.600	0.210	0.050	-
Dividend Growth	5.00%	185.71%	320.00%	-	-
Effective Tax Rate	17.47%	17.39%	15.13%	13.60%	-

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