Quds Bank Ltd. (PEX:QUDS)

Quds Bank Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	75.35	77.95	81.11	71.71	62.88	56.91
Total Interest Income	75.35	77.95	81.11	71.71	62.88	56.91
Interest Paid on Deposits	16.85	15.99	12.36	12.62	12.97	14.45
Net Interest Income	58.5	61.96	68.75	59.09	49.91	42.46
Net Interest Income Growth (YoY)	-13.25%	-9.87%	16.34%	18.40%	17.54%	-3.14%
Gain (Loss) on Sale of Assets	-0.17	-0.17	-0.7	-	-	-0.25
Gain (Loss) on Sale of Investments	0.41	0.41	-0.04	1.64	1.18	-0
Gain (Loss) on Sale of Equity Investments	0.23	0.23	0.25	0.22	0.18	0.12
Other Non-Interest Income	14.86	16.64	19.12	19.35	16.42	17.32
Total Non-Interest Income	15.33	17.12	18.63	21.21	17.78	17.2
Non-Interest Income Growth (YoY)	-17.66%	-8.14%	-12.16%	19.32%	3.37%	-6.05%
Revenues Before Loan Losses	73.83	79.08	87.38	80.3	67.69	59.66
Provision for Loan Losses	20.89	28.62	28.81	11.01	6.73	7.64
Revenue	52.95	50.46	58.57	69.3	60.96	52.02
Revenue Growth (YoY)	0.10%	-13.86%	-15.48%	13.69%	17.17%	0.49%
Salaries and Employee Benefits	19.9	19.88	21.88	19.57	19.75	18.56
Occupancy Expenses	4.91	5.06	5.09	5.61	5.56	5.44
Selling, General & Administrative	1.63	1.63	2.05	1.59	1.61	1.64
Other Non-Interest Expense	15.08	14.82	15.86	17.27	13.4	12.72
Total Non-Interest Expense	41.52	41.38	44.88	44.03	40.32	38.36
EBT Excluding Unusual Items	11.42	9.07	13.7	25.26	20.64	13.67
Asset Writedown	0.76	0.76	-	-	-	-
Legal Settlements	0.27	0.27	-	-0.33	-0.1	-0.1
Other Unusual Items	-	-	-0.03	-	-	0.3
Pretax Income	12.45	10.1	13.67	24.93	20.54	13.86
Income Tax Expense	1.16	0.09	4.49	4.03	6.17	2.96
Earnings From Continuing Operations	11.28	10.01	9.18	20.9	14.36	10.9
Minority Interest in Earnings	-0.27	-0.22	-0.22	-0.59	-0.3	-0
Net Income	11.02	9.79	8.96	20.31	14.07	10.9
Net Income to Common	11.02	9.79	8.96	20.31	14.07	10.9
Net Income Growth	70.27%	9.27%	-55.89%	44.41%	29.07%	41.55%
Basic Shares Outstanding	110	110	110	110	110	110
Diluted Shares Outstanding	110	110	110	110	110	110
Shares Change (YoY)	0.18%	-	-	-	-0.00%	-
EPS (Basic)	0.10	0.09	0.08	0.18	0.13	0.10
EPS (Diluted)	0.10	0.09	0.08	0.18	0.13	0.10
EPS Growth	69.96%	9.27%	-55.89%	44.41%	29.07%	41.55%
Dividend Per Share	0.076	0.076	-	0.091	0.057	0.038
Dividend Growth	-	-	-	59.40%	49.74%	-
Effective Tax Rate	9.35%	0.85%	32.82%	16.18%	30.06%	21.37%

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