Quds Bank Ltd. (PEX: QUDS)

Quds Bank Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	80.15	81.11	71.71	62.88	56.91	57.53
Total Interest Income	80.15	81.11	71.71	62.88	56.91	57.53
Interest Paid on Deposits	13.77	12.36	12.62	12.97	14.45	13.69
Net Interest Income	66.38	68.75	59.09	49.91	42.46	43.84
Net Interest Income Growth (YoY)	-1.76%	16.34%	18.40%	17.54%	-3.14%	0.89%
Gain (Loss) on Sale of Assets	-	-	-	-	-0.25	-0.67
Gain (Loss) on Sale of Investments	0.28	0.65	1.64	1.18	-0	-0
Gain (Loss) on Sale of Equity Investments	0.33	0.25	0.22	0.18	0.12	-
Other Non-Interest Income	18.22	18.44	19.35	16.42	17.32	18.99
Total Non-Interest Income	18.83	19.34	21.21	17.78	17.2	18.31
Non-Interest Income Growth (YoY)	15.77%	-8.85%	19.32%	3.37%	-6.05%	33.27%
Revenues Before Loan Losses	85.21	88.08	80.3	67.69	59.66	62.14
Provision for Loan Losses	35.93	28.81	11.01	6.73	7.64	10.37
Revenue	49.29	59.27	69.3	60.96	52.02	51.77
Revenue Growth (YoY)	-28.31%	-14.46%	13.68%	17.17%	0.49%	-1.29%
Salaries and Employee Benefits	20.96	21.88	19.57	19.75	18.56	20.2
Occupancy Expenses	5.11	5.09	5.61	5.56	5.44	5.05
Selling, General & Administrative	2.05	2.05	1.59	1.61	1.64	1.94
Other Non-Interest Expense	16.34	16.59	17.27	13.4	12.72	13.96
Total Non-Interest Expense	44.46	45.61	44.03	40.32	38.36	41.08
EBT Excluding Unusual Items	4.83	13.67	25.26	20.64	13.67	10.69
Legal Settlements	0.27	-	-0.33	-0.1	-0.1	-0.12
Other Unusual Items	-	-	-	-	0.3	-
Pretax Income	5.1	13.67	24.93	20.54	13.86	10.57
Income Tax Expense	1.57	4.49	4.03	6.17	2.96	2.87
Earnings From Continuing Operations	3.53	9.18	20.9	14.36	10.9	7.7
Minority Interest in Earnings	-0.12	-0.22	-0.59	-0.3	-0	-
Net Income	3.41	8.96	20.31	14.07	10.9	7.7
Net Income to Common	3.41	8.96	20.31	14.07	10.9	7.7
Net Income Growth	-85.04%	-55.89%	44.41%	29.07%	41.55%	-33.61%
Basic Shares Outstanding	105	105	105	105	105	105
Diluted Shares Outstanding	105	105	105	105	105	105
Shares Change (YoY)	-	-	-	-0.00%	-	6.58%
EPS (Basic)	0.03	0.09	0.19	0.13	0.10	0.07
EPS (Diluted)	0.03	0.09	0.19	0.13	0.10	0.07
EPS Growth	-85.04%	-55.89%	44.41%	29.07%	41.55%	-37.71%
Dividend Per Share	-	-	0.095	0.060	0.040	-
Dividend Growth	-	-	59.46%	49.62%	-	-
Effective Tax Rate	30.76%	32.82%	16.18%	30.06%	21.37%	27.16%

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