PT Bank Negara Indonesia (Persero) Tbk (PBNNF)

PBNNF Income Statement

Financials in millions IDR. 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	66,583,110	61,471,696	54,658,681	50,025,887	56,172,871
Interest Paid on Deposits	26,102,905	20,196,023	13,337,989	11,779,156	19,020,905
Net Interest Income	40,480,205	41,275,673	41,320,692	38,246,731	37,151,966
Net Interest Income Growth (YoY)	-1.93%	-0.11%	8.04%	2.95%	1.50%
Gain (Loss) on Sale of Investments	1,913,801	1,253,245	1,347,383	1,715,456	1,434,646
Gain (Loss) on Sale of Equity Investments	1,522,798	1,327,868	1,083,052	698,334	-
Other Non-Interest Income	14,572,933	13,860,851	13,940,683	12,623,995	11,900,461
Total Non-Interest Income	18,009,532	16,441,964	16,371,118	15,037,785	13,335,107
Non-Interest Income Growth (YoY)	9.53%	0.43%	8.87%	12.77%	2.15%
Revenues Before Loan Losses	58,489,737	57,717,637	57,691,810	53,284,516	50,487,073
Provision for Loan Losses	8,210,562	9,196,402	11,513,892	18,297,151	22,590,435
Revenue	50,279,175	48,521,235	46,177,918	34,987,365	27,896,638
Revenue Growth (YoY)	3.62%	5.07%	31.98%	25.42%	-31.66%
Salaries and Employee Benefits	13,932,814	12,818,716	12,444,038	11,183,076	9,739,807
Federal Deposit Insurance	1,567,476	1,476,244	1,411,806	1,293,463	1,188,620
Selling, General & Administrative	10,320,390	10,259,622	9,907,397	9,686,610	10,093,087
Other Non-Interest Expense	3,852,448	3,208,030	3,283,042	2,625,611	3,181,268
Total Non-Interest Expense	29,708,583	27,896,210	27,258,430	25,005,057	24,322,073
EBT Excluding Unusual Items	20,570,592	20,625,025	18,919,488	9,982,308	3,574,565
Asset Writedown	6,025,183	5,029,766	3,780,086	2,580,871	1,548,562
Other Unusual Items	-15,317	-15,053	-11,984	-12,192	-10,974
Pretax Income	26,580,458	25,639,738	22,686,708	12,550,987	5,112,153
Income Tax Expense	4,911,061	4,533,510	4,204,928	1,573,936	1,790,711
Earnings From Continuing Operations	21,669,397	21,106,228	18,481,780	10,977,051	3,321,442
Minority Interest in Earnings	-205,798	-196,752	-169,726	-78,533	-41,039
Net Income	21,463,599	20,909,476	18,312,054	10,898,518	3,280,403
Net Income to Common	21,463,599	20,909,476	18,312,054	10,898,518	3,280,403
Net Income Growth	2.65%	14.18%	68.02%	232.23%	-78.68%
Basic Shares Outstanding	37,290	37,257	37,277	37,240	37,265
Diluted Shares Outstanding	37,290	37,257	37,277	37,240	37,265
Shares Change (YoY)	0.09%	-0.05%	0.10%	-0.07%	-0.09%
EPS (Basic)	575.59	561.23	491.25	292.65	88.03
EPS (Diluted)	575.59	561.23	491.25	292.65	88.03
EPS Growth	2.56%	14.25%	67.86%	232.45%	-78.66%
Effective Tax Rate	18.48%	17.68%	18.53%	12.54%	35.03%

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