Banco Comercial Português, S.A. (BPCGY)

Banco Comercial Português Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	4,685	4,716	4,371	2,737	1,709	1,806
Interest Income on Investments	1	1.02	1.78	10.09	0.94	4.78
Total Interest Income	4,686	4,717	4,373	2,747	1,710	1,811
Interest Paid on Deposits	1,829	1,885	1,546	587.46	120.52	274.1
Net Interest Income	2,857	2,832	2,828	2,160	1,590	1,536
Net Interest Income Growth (YoY)	-0.09%	0.15%	30.91%	35.88%	3.46%	-0.83%
Gain (Loss) on Sale of Assets	25.28	22.7	10.27	10.45	2.37	-6.38
Gain (Loss) on Sale of Investments	155	9.27	120.75	15.09	49.08	31.19
Other Non-Interest Income	597.95	711.32	763.19	671.21	719.68	721.43
Total Non-Interest Income	778.22	743.29	894.22	696.76	767.41	718.16
Non-Interest Income Growth (YoY)	6.78%	-16.88%	28.34%	-9.21%	6.86%	-9.29%
Revenues Before Loan Losses	3,635	3,575	3,722	2,857	2,357	2,255
Provision for Loan Losses	218.27	215.2	247.99	300.83	352.83	513.41
Revenue	3,417	3,360	3,474	2,556	2,004	1,741
Revenue Growth (YoY)	2.04%	-3.28%	35.92%	27.53%	15.10%	-10.74%
Salaries and Employee Benefits	719.88	698.5	609.76	562.58	563.27	583.78
Occupancy Expenses	3.18	-	-	-	137.16	134.8
Amortization of Goodwill & Intangibles	144.8	144.8	137.5	139.25	-	-
Selling, General & Administrative	446.55	440.47	393.25	352.96	324.17	324.82
Other Non-Interest Expense	135.9	113.49	73.46	65.82	99.6	326.66
Total Non-Interest Expense	1,392	1,343	1,163	1,139	1,120	1,369
EBT Excluding Unusual Items	2,024	2,017	2,311	1,417	883.67	372.12
Asset Writedown	-0.13	-0.18	-	-	-	-
Legal Settlements	-549.35	-583.68	-781.93	-567.37	-634.59	-
Other Unusual Items	-79.46	-81.52	-34.43	-325.87	-6.85	-
Pretax Income	1,385	1,341	1,488	418.35	157.74	324.94
Income Tax Expense	375.36	341.25	537.37	304.32	203.63	132.09
Earnings From Continuing Operations	1,010	1,000	950.46	114.03	-45.89	192.85
Earnings From Discontinued Operations	0.32	0.32	-2.85	5.54	70.88	15.52
Minority Interest in Earnings	-94.34	-94.11	-91.56	77.82	113.09	-25.35
Net Income	915.52	906.38	856.05	197.39	138.08	183.01
Preferred Dividends & Other Adjustments	32.5	33.63	37	37	37	37
Net Income to Common	883.02	872.75	819.05	160.39	101.08	146.01
Net Income Growth	4.72%	5.88%	333.69%	42.95%	-24.55%	-39.40%
Basic Shares Outstanding	15,114	15,114	15,114	15,114	15,114	15,114
Diluted Shares Outstanding	15,114	15,114	15,114	15,114	15,114	15,114
Shares Change (YoY)	-	-	-	-	-	-9.92%
EPS (Basic)	0.06	0.06	0.05	0.01	0.01	0.01
EPS (Diluted)	0.06	0.06	0.05	0.01	0.01	0.01
EPS Growth	5.03%	7.31%	419.11%	55.02%	-30.78%	-46.33%
Dividend Per Share	0.030	0.030	0.017	-	0.001	-
Dividend Growth	76.47%	76.47%	-	-	-	-
Effective Tax Rate	27.10%	25.44%	36.12%	72.74%	129.09%	40.65%

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