Quds Bank Ltd. (PEX:QUDS)

Quds Bank Income Statement

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
Interest Income on Loans	77.95	81.11	71.71	62.88	56.91
Total Interest Income	77.95	81.11	71.71	62.88	56.91
Interest Paid on Deposits	15.99	12.36	12.62	12.97	14.45
Net Interest Income	61.96	68.75	59.09	49.91	42.46
Net Interest Income Growth (YoY)	-9.87%	16.34%	18.40%	17.54%	-3.14%
Gain (Loss) on Sale of Assets	-	-	-	-	-0.25
Gain (Loss) on Sale of Investments	-	0.65	1.64	1.18	-0
Gain (Loss) on Sale of Equity Investments	0.23	0.25	0.22	0.18	0.12
Other Non-Interest Income	18.08	18.44	19.35	16.42	17.32
Total Non-Interest Income	18.32	19.34	21.21	17.78	17.2
Non-Interest Income Growth (YoY)	-5.28%	-8.85%	19.32%	3.37%	-6.05%
Revenues Before Loan Losses	80.27	88.08	80.3	67.69	59.66
Provision for Loan Losses	28.62	28.81	11.01	6.73	7.64
Revenue	51.65	59.27	69.3	60.96	52.02
Revenue Growth (YoY)	-12.86%	-14.46%	13.69%	17.17%	0.49%
Salaries and Employee Benefits	22.32	21.88	19.57	19.75	18.56
Occupancy Expenses	5.06	5.09	5.61	5.56	5.44
Selling, General & Administrative	-	2.05	1.59	1.61	1.64
Other Non-Interest Expense	14.18	16.59	17.27	13.4	12.72
Total Non-Interest Expense	41.55	45.61	44.03	40.32	38.36
EBT Excluding Unusual Items	10.1	13.67	25.26	20.64	13.67
Legal Settlements	-	-	-0.33	-0.1	-0.1
Other Unusual Items	-	-	-	-	0.3
Pretax Income	10.1	13.67	24.93	20.54	13.86
Income Tax Expense	0.09	4.49	4.03	6.17	2.96
Earnings From Continuing Operations	10.01	9.18	20.9	14.36	10.9
Minority Interest in Earnings	-0.22	-0.22	-0.59	-0.3	-0
Net Income	9.79	8.96	20.31	14.07	10.9
Net Income to Common	9.79	8.96	20.31	14.07	10.9
Net Income Growth	9.27%	-55.89%	44.41%	29.07%	41.55%
Basic Shares Outstanding	105	105	105	105	105
Diluted Shares Outstanding	105	105	105	105	105
Shares Change (YoY)	0.27%	-	-	-0.00%	-
EPS (Basic)	0.09	0.09	0.19	0.13	0.10
EPS (Diluted)	0.09	0.09	0.19	0.13	0.10
EPS Growth	8.98%	-55.89%	44.41%	29.07%	41.55%
Dividend Per Share	-	-	0.095	0.060	0.040
Dividend Growth	-	-	59.46%	49.62%	-
Effective Tax Rate	0.85%	32.82%	16.18%	30.06%	21.37%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.