Palestine Islamic Bank (PEX:ISBK)

Palestine Islamic Bank Balance Sheet

Financials in millions USD. 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
Cash & Equivalents	227.81	189.09	235.91	410.48	323.87
Investment Securities	98.73	120.57	96.75	75.91	29.33
Trading Asset Securities	1.34	1.63	1.86	1.91	1.29
Total Investments	100.08	122.2	98.6	77.81	30.61
Gross Loans	940.18	1,041	931.19	919.24	909.31
Allowance for Loan Losses	-	-53.31	-30.79	-27.43	-21.92
Other Adjustments to Gross Loans	-	-2.75	-2.18	-1.44	-1.92
Net Loans	940.18	984.83	898.22	890.36	885.48
Property, Plant & Equipment	35.63	21.62	23.33	23.83	25.61
Other Intangible Assets	1.6	1.67	0.83	0.79	0.87
Investments in Real Estate	8.57	26.57	22.26	25.61	20.9
Accrued Interest Receivable	-	1.31	0.71	1.11	1.18
Other Receivables	138.25	9.44	5.21	5.31	19.99
Restricted Cash	120.83	191.15	218.83	211.23	194.73
Other Current Assets	-	6.94	4.69	3.27	2.26
Long-Term Deferred Tax Assets	15.33	11.62	6.27	5.53	5.15
Other Long-Term Assets	11.3	2.83	1.46	1.08	0.67
Total Assets	1,600	1,569	1,516	1,656	1,511
Accrued Expenses	-	2.12	4.09	3.43	3.15
Interest Bearing Deposits	56.24	22.33	80.42	183.11	190.55
Non-Interest Bearing Deposits	391.38	340.59	295.07	321.27	326
Total Deposits	447.62	362.91	375.5	504.38	516.55
Current Portion of Leases	-	1.42	1.24	1.45	1.45
Current Income Taxes Payable	0.46	9.61	6.22	4.14	2.04
Other Current Liabilities	-	74.39	31.8	33.54	33
Long-Term Debt	-	13.39	12.66	8.12	0.48
Long-Term Leases	4.51	3.82	4.61	5.4	6.46
Long-Term Unearned Revenue	-	0.05	0.02	0	0.01
Pension & Post-Retirement Benefits	-	11.05	10.54	9.87	8.52
Long-Term Deferred Tax Liabilities	-	0.11	0.11	0.07	0.07
Other Long-Term Liabilities	998.91	942.38	921.08	947.37	816.27
Total Liabilities	1,451	1,421	1,368	1,518	1,388
Common Stock	100	100	90	85	80
Additional Paid-In Capital	3.2	3.2	3.2	3.2	3.2
Retained Earnings	39.56	38.55	43.71	38.36	29.68
Comprehensive Income & Other	5.31	6.28	11.55	12.09	10.46
Shareholders' Equity	148.07	148.04	148.46	138.65	123.33
Total Liabilities & Equity	1,600	1,569	1,516	1,656	1,511
Total Debt	4.51	18.62	18.51	14.97	8.38
Net Cash (Debt)	224.65	209.32	256.47	422.69	316.78
Net Cash Growth	7.32%	-18.39%	-39.32%	33.44%	16.38%
Net Cash Per Share	2.23	2.09	2.56	4.23	3.17
Filing Date Shares Outstanding	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100
Book Value Per Share	1.48	1.48	1.48	1.39	1.23
Tangible Book Value	146.47	146.36	147.63	137.86	122.46
Tangible Book Value Per Share	1.46	1.46	1.48	1.38	1.22

Updated Mar 16, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.