Banco Comercial Português, S.A. (BPCGF)

Banco Comercial Português Income Statement

Financials in millions EUR. 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
Interest Income on Loans	4,739	4,371	2,737	1,709	1,806	1,991
Interest Income on Investments	1.39	1.78	10.09	0.94	4.78	0.8
Total Interest Income	4,740	4,373	2,747	1,710	1,811	1,992
Interest Paid on Deposits	1,920	1,546	587.46	120.52	274.1	442.92
Net Interest Income	2,820	2,828	2,160	1,590	1,536	1,549
Net Interest Income Growth (YoY)	3.56%	30.91%	35.88%	3.46%	-0.83%	8.78%
Gain (Loss) on Sale of Assets	13.54	10.27	10.45	2.37	-6.38	-0.1
Gain (Loss) on Sale of Investments	55.16	119.41	15.09	49.08	31.19	87.22
Other Non-Interest Income	758.24	762.98	671.21	719.68	721.43	729.49
Total Non-Interest Income	826.94	892.66	696.76	767.41	718.16	791.7
Non-Interest Income Growth (YoY)	-0.02%	28.12%	-9.21%	6.86%	-9.29%	14.24%
Revenues Before Loan Losses	3,647	3,720	2,857	2,357	2,255	2,341
Provision for Loan Losses	201.41	247.99	300.83	352.83	513.41	390.31
Revenue	3,446	3,472	2,556	2,004	1,741	1,951
Revenue Growth (YoY)	4.95%	35.86%	27.53%	15.10%	-10.74%	18.10%
Salaries and Employee Benefits	673.44	609.76	562.58	563.27	583.78	628.23
Occupancy Expenses	4.1	-	-	137.16	134.8	124.79
Amortization of Goodwill & Intangibles	137.5	137.5	139.25	-	-	-
Selling, General & Administrative	426.46	393.25	352.96	324.17	324.82	350.46
Other Non-Interest Expense	130.8	73.46	65.82	99.6	326.66	196.42
Total Non-Interest Expense	1,329	1,161	1,139	1,120	1,369	1,257
EBT Excluding Unusual Items	2,117	2,311	1,417	883.67	372.12	693.82
Legal Settlements	-650.28	-781.93	-567.37	-634.59	-	-
Other Unusual Items	-25.43	-34.43	-325.87	-6.85	-	0.01
Pretax Income	1,434	1,488	418.35	157.74	324.94	627.27
Income Tax Expense	412.8	537.37	304.32	203.63	132.09	239.28
Earnings From Continuing Operations	1,021	950.46	114.03	-45.89	192.85	387.99
Earnings From Discontinued Operations	-2.52	-2.85	5.54	70.88	15.52	13.41
Minority Interest in Earnings	-99.52	-91.56	77.82	113.09	-25.35	-99.4
Net Income	919.43	856.05	197.39	138.08	183.01	302
Preferred Dividends & Other Adjustments	34.75	37	37	37	37	-
Net Income to Common	884.68	819.05	160.39	101.08	146.01	302
Net Income Growth	21.25%	333.69%	42.95%	-24.55%	-39.40%	0.31%
Basic Shares Outstanding	15,114	15,114	15,114	15,114	15,114	16,778
Diluted Shares Outstanding	15,114	15,114	15,114	15,114	15,114	16,778
Shares Change (YoY)	-	-	-	-	-9.92%	11.46%
EPS (Basic)	0.06	0.05	0.01	0.01	0.01	0.02
EPS (Diluted)	0.06	0.05	0.01	0.01	0.01	0.02
EPS Growth	22.49%	419.11%	55.02%	-30.78%	-46.33%	-10.00%
Dividend Per Share	0.017	0.017	-	0.001	-	-
Effective Tax Rate	28.78%	36.12%	72.74%	129.09%	40.65%	38.15%

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