Grupo Financiero Inbursa, S.A.B. de C.V. (GPFOF)

Grupo Financiero Inbursa Income Statement

Financials in millions MXN. 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	111,535	89,529	64,499	36,564	46,025
Interest Paid on Deposits	64,240	51,503	36,489	16,031	18,885
Net Interest Income	47,295	38,026	28,010	20,533	27,140
Net Interest Income Growth (YoY)	24.38%	35.76%	36.41%	-24.34%	-2.23%
Other Non-Interest Income	13,296	15,908	12,097	14,148	9,476
Total Non-Interest Income	13,296	15,908	12,097	14,148	9,476
Non-Interest Income Growth (YoY)	-16.42%	31.50%	-14.50%	49.30%	10.33%
Revenues Before Loan Losses	60,591	53,934	40,107	34,681	36,616
Provision for Loan Losses	4,942	2,342	2,529	1,271	9,307
Revenue	55,648	51,592	37,578	33,410	27,309
Revenue Growth (YoY)	7.86%	37.29%	12.48%	22.34%	-6.01%
Salaries and Employee Benefits	-	418	33	-	-
Amortization of Goodwill & Intangibles	-	12	46	-	-
Selling, General & Administrative	13,129	11,321	10,521	11,841	12,594
Total Non-Interest Expense	10,677	10,251	8,401	8,616	11,792
EBT Excluding Unusual Items	44,972	41,341	29,177	24,794	15,517
Pretax Income	44,972	41,341	29,177	24,794	15,517
Income Tax Expense	10,508	10,356	4,682	3,868	2,822
Earnings From Continuing Operations	34,464	30,985	24,495	20,926	12,695
Minority Interest in Earnings	-208.98	-32	-26	-34	-33
Net Income	34,255	30,953	24,469	20,892	12,662
Net Income to Common	34,255	30,953	24,469	20,892	12,662
Net Income Growth	10.67%	26.50%	17.12%	65.00%	-2.04%
Basic Shares Outstanding	6,851	6,116	6,156	6,425	6,589
Diluted Shares Outstanding	6,851	6,116	6,156	6,425	6,589
Shares Change (YoY)	12.02%	-0.64%	-4.19%	-2.49%	-0.55%
EPS (Basic)	5.00	5.06	3.98	3.25	1.92
EPS (Diluted)	5.00	5.06	3.98	3.25	1.92
EPS Growth	-1.21%	27.32%	22.25%	69.21%	-1.50%
Effective Tax Rate	23.36%	25.05%	16.05%	15.60%	18.19%

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