Equitable Financial Income Statement

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	Jun '20 Jun 30, 2020	Jun '19 Jun 30, 2019
Interest Income on Loans	20.64	16.28	15.54	15.22	13.38
Interest Income on Investments	0.67	0.44	0.36	0.39	0.18
Total Interest Income	21.31	16.72	15.9	15.6	13.56
Interest Paid on Deposits	5.6	1.5	2.59	3.87	2.92
Interest Paid on Borrowings	0.62	0.17	0.17	0.77	0.13
Total Interest Expense	6.22	1.66	2.76	4.63	3.05
Net Interest Income	15.09	15.06	13.14	10.97	10.5
Net Interest Income Growth (YoY)	0.22%	14.59%	19.78%	4.45%	8.33%
Other Non-Interest Income	3.35	3.78	3.79	3.56	2.15
Total Non-Interest Income	4.81	6.06	7.16	5.82	3.44
Non-Interest Income Growth (YoY)	-20.60%	-15.36%	23.02%	69.16%	38.01%
Revenues Before Loan Losses	19.9	21.12	20.3	16.79	13.94
Provision for Loan Losses	0.47	0.62	0.27	0.53	0.54
Revenue	19.43	20.49	20.03	16.26	13.4
Revenue Growth (YoY)	-5.17%	2.30%	23.23%	21.28%	16.67%
Salaries and Employee Benefits	8.18	7.8	8.55	7.14	6.12
Occupancy Expenses	1.39	1.57	1.29	1.15	1.06
Federal Deposit Insurance	0.26	0.24	0.2	0.14	0.21
Selling, General & Administrative	2.18	2.11	1.96	1.8	2.18
Other Non-Interest Expense	2.75	2.82	2.67	2.59	1.71
Total Non-Interest Expense	14.77	14.54	14.67	12.81	11.28
EBT Excluding Unusual Items	4.67	5.95	5.36	3.45	2.12
Pretax Income	4.67	5.95	5.36	3.45	2.12
Income Tax Expense	1.08	1.36	1.1	0.82	0.54
Net Income	3.59	4.59	4.26	2.63	1.58
Net Income to Common	3.59	4.59	4.26	2.63	1.58
Net Income Growth	-21.85%	7.76%	61.99%	66.29%	12.26%
Basic Shares Outstanding	-	-	3	3	-
Diluted Shares Outstanding	-	-	3	3	-
Shares Change (YoY)	-	-	3.18%	-	-
EPS (Basic)	-	-	1.40	0.89	-
EPS (Diluted)	-	-	1.40	0.89	-
EPS Growth	-	-	57.00%	-	-
Effective Tax Rate	23.15%	22.88%	20.50%	23.67%	25.35%

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