OTP Bank Nyrt. (OTPBF)

OTP Bank Nyrt. Income Statement

Financials in millions HUF. 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	3,082,122	2,948,264	1,901,406	1,117,459	977,887
Interest Income on Investments	-	-	-	-	527
Total Interest Income	3,082,122	2,948,264	1,901,406	1,117,459	978,414
Interest Paid on Deposits	1,336,782	1,561,558	874,538	243,149	195,216
Total Interest Expense	1,336,782	1,561,558	874,538	243,149	195,216
Net Interest Income	1,745,340	1,386,706	1,026,868	874,310	783,198
Net Interest Income Growth (YoY)	25.86%	35.04%	17.45%	11.63%	10.78%
Gain (Loss) on Sale of Investments	-16,616	-1,089	-65,941	10,111	3,917
Gain (Loss) on Sale of Equity Investments	12,970	14,766	14,618	15,648	-
Other Non-Interest Income	845,043	828,519	569,721	436,158	399,198
Total Non-Interest Income	857,315	842,196	518,398	461,917	403,115
Non-Interest Income Growth (YoY)	1.80%	62.46%	12.23%	14.59%	8.43%
Revenues Before Loan Losses	2,602,655	2,228,902	1,545,266	1,336,227	1,186,313
Provision for Loan Losses	66,881	109,314	126,997	44,010	146,239
Revenue	2,535,774	2,119,588	1,418,269	1,292,217	1,040,074
Revenue Growth (YoY)	19.64%	49.45%	9.75%	24.24%	1.00%
Salaries and Employee Benefits	545,764	414,630	325,187	293,046	262,672
Occupancy Expenses	134,293	111,996	101,125	94,996	92,761
Selling, General & Administrative	532,717	321,305	260,568	221,843	208,799
Other Non-Interest Expense	-	223,899	241,877	137,727	126,893
Total Non-Interest Expense	1,212,774	1,071,830	928,757	747,612	691,125
EBT Excluding Unusual Items	1,323,000	1,047,758	489,512	544,605	348,949
Asset Writedown	17	-4,288	-1,831	-2,529	827
Other Unusual Items	-13,193	160,220	-41,029	-13,641	-51,812
Pretax Income	1,309,824	1,201,183	377,678	528,435	297,964
Income Tax Expense	253,440	189,478	58,600	72,123	43,918
Earnings From Continuing Operations	1,056,384	1,011,705	319,078	456,312	254,046
Earnings From Discontinued Operations	19,756	-21,246	28,003	-	5,590
Minority Interest in Earnings	-4,227	-1,801	-727	-836	-
Net Income	1,071,913	988,658	346,354	455,476	259,636
Preferred Dividends & Other Adjustments	-	-	-	-	220
Net Income to Common	1,071,913	988,658	346,354	455,476	259,416
Net Income Growth	8.42%	185.45%	-23.96%	75.43%	-37.07%
Basic Shares Outstanding	265	268	269	262	258
Diluted Shares Outstanding	265	268	269	262	259
Shares Change (YoY)	-1.15%	-0.42%	2.59%	1.37%	-1.19%
EPS (Basic)	4052.00	3694.66	1288.57	1738.34	1003.69
EPS (Diluted)	4050.00	3692.65	1288.15	1738.00	1003.62
EPS Growth	9.68%	186.66%	-25.88%	73.17%	-36.28%
Dividend Per Share	964.000	539.459	300.000	430.407	-
Dividend Growth	78.70%	79.82%	-30.30%	-	-
Effective Tax Rate	19.35%	15.77%	15.52%	13.65%	14.74%

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