PT Bank Mandiri (Persero) Tbk (PPERY)

PPERY Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	145,172,847	132,544,470	112,382,118	97,749,086	95,616,227	91,525,090
Interest Paid on Deposits	46,546,457	36,657,896	24,478,764	24,686,592	33,095,422	32,084,902
Net Interest Income	98,626,390	95,886,574	87,903,354	73,062,494	62,520,805	59,440,188
Net Interest Income Growth (YoY)	2.97%	9.08%	20.31%	16.86%	5.18%	8.82%
Gain (Loss) on Sale of Assets	4,836	8,624	2,821	-114,086	9,918	12,529
Gain (Loss) on Sale of Investments	243,396	125,295	899,579	3,245,224	1,011,513	862,055
Other Non-Interest Income	45,623,103	42,586,931	36,688,158	30,787,052	30,081,875	28,263,288
Total Non-Interest Income	45,871,335	42,720,850	37,590,558	33,918,190	31,103,306	29,137,872
Non-Interest Income Growth (YoY)	15.08%	13.65%	10.83%	9.05%	6.75%	-6.06%
Revenues Before Loan Losses	144,497,725	138,607,424	125,493,912	106,980,684	93,624,111	88,578,060
Provision for Loan Losses	10,793,214	11,152,853	16,096,382	20,428,352	23,355,311	11,742,986
Revenue	133,704,511	127,454,571	109,397,530	86,552,332	70,268,800	76,835,074
Revenue Growth (YoY)	9.87%	16.51%	26.39%	23.17%	-8.55%	7.84%
Salaries and Employee Benefits	24,834,105	24,423,089	24,641,746	22,677,112	19,693,977	17,221,046
Selling, General & Administrative	23,429,137	22,483,068	21,867,965	19,333,506	18,872,831	17,635,053
Other Non-Interest Expense	6,607,041	5,841,490	6,664,899	6,194,672	7,273,803	5,463,163
Total Non-Interest Expense	54,823,492	52,712,953	52,967,794	48,172,986	45,713,611	40,341,865
EBT Excluding Unusual Items	78,881,019	74,741,618	56,429,736	38,379,346	24,555,189	36,493,209
Legal Settlements	23,715	20,451	11,353	7,453	38,465	810
Other Unusual Items	-87,094	-77,188	-63,363	-28,378	-201,249	-52,579
Pretax Income	78,817,640	74,684,881	56,377,726	38,358,421	24,392,405	36,441,440
Income Tax Expense	15,453,517	14,633,011	11,425,358	7,807,324	5,993,477	7,985,848
Earnings From Continuing Operations	63,364,123	60,051,870	44,952,368	30,551,097	18,398,928	28,455,592
Minority Interest in Earnings	-5,350,255	-4,991,813	-3,781,731	-2,522,942	-1,599,413	-973,459
Net Income	58,013,868	55,060,057	41,170,637	28,028,155	16,799,515	27,482,133
Net Income to Common	58,013,868	55,060,057	41,170,637	28,028,155	16,799,515	27,482,133
Net Income Growth	17.01%	33.74%	46.89%	66.84%	-38.87%	9.86%
Basic Shares Outstanding	93,334	93,333	93,303	93,263	93,283	93,333
Diluted Shares Outstanding	93,334	93,333	93,303	93,263	93,283	93,333
Shares Change (YoY)	0.01%	0.03%	0.04%	-0.02%	-0.05%	-
EPS (Basic)	621.57	589.93	441.26	300.53	180.09	294.45
EPS (Diluted)	621.57	589.93	441.26	300.53	180.09	294.45
EPS Growth	17.00%	33.69%	46.83%	66.88%	-38.84%	9.86%
Dividend Per Share	353.958	353.958	264.670	180.320	110.135	176.671
Dividend Growth	33.74%	33.74%	46.78%	63.73%	-37.66%	46.48%
Effective Tax Rate	19.61%	19.59%	20.27%	20.35%	24.57%	21.91%

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