BDO Unibank, Inc. (PSE: BDO)

BDO Unibank Income Statement

Financials in millions PHP. 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	266,902	240,196	169,071	144,879	157,031	160,572
Interest Paid on Deposits	72,232	53,809	19,839	13,533	23,331	40,681
Net Interest Income	197,425	186,387	149,232	131,346	133,700	119,891
Net Interest Income Growth (YoY)	17.25%	24.90%	13.62%	-1.76%	11.52%	21.97%
Trust Income	4,939	4,698	4,555	4,364	3,811	3,532
Income From Trading Activities	1,359	1,570	-600	220	5,563	1,357
Gain (Loss) on Sale of Assets	943	943	483	1,275	1,169	1,131
Gain (Loss) on Sale of Investments	6,107	6,107	-	-	-	-
Gain (Loss) on Sale of Equity Investments	1,273	1,273	849	814	-	696
Other Non-Interest Income	77,232	69,595	66,248	54,681	44,667	53,395
Total Non-Interest Income	91,853	84,186	71,535	61,354	55,210	60,111
Non-Interest Income Growth (YoY)	39.28%	17.69%	16.59%	11.13%	-8.15%	19.20%
Revenues Before Loan Losses	289,278	270,573	220,767	192,700	188,910	180,002
Provision for Loan Losses	16,047	16,421	16,564	16,942	29,661	6,021
Revenue	273,231	254,152	204,203	175,758	159,249	173,981
Revenue Growth (YoY)	24.52%	24.46%	16.18%	10.37%	-8.47%	22.06%
Salaries and Employee Benefits	51,096	47,278	44,111	41,471	37,038	34,391
Occupancy Expenses	14,700	14,700	12,887	11,204	11,172	11,117
Amortization of Goodwill & Intangibles	2,937	2,937	1,356	1,342	734	546
Selling, General & Administrative	19,618	17,531	12,768	13,061	12,776	15,899
Other Non-Interest Expense	79,568	72,767	58,738	51,779	50,033	51,099
Total Non-Interest Expense	168,822	156,116	130,154	119,130	112,107	114,046
EBT Excluding Unusual Items	104,409	98,036	74,049	56,628	47,142	59,935
Asset Writedown	181	3	-2	-57	-493	-200
Legal Settlements	-689	-689	-854	-773	-601	-548
Other Unusual Items	-169	-169	-	-	-	-
Pretax Income	103,732	97,181	73,193	55,762	46,030	59,187
Income Tax Expense	23,422	23,621	15,959	12,907	17,776	15,019
Earnings From Continuing Operations	80,310	73,560	57,234	42,855	28,254	44,168
Minority Interest in Earnings	-182	-149	-180	-64	-8	26
Net Income	80,128	73,411	57,054	42,791	28,246	44,194
Preferred Dividends & Other Adjustments	407	407	339	340	339	339
Net Income to Common	79,721	73,004	56,715	42,451	27,907	43,855
Net Income Growth	12.93%	28.67%	33.33%	51.49%	-36.09%	35.12%
Basic Shares Outstanding	5,265	5,266	5,264	5,262	5,261	5,254
Diluted Shares Outstanding	5,311	5,313	5,322	5,313	5,261	5,254
Shares Change (YoY)	-0.08%	-0.17%	0.17%	0.99%	0.14%	0.14%
EPS (Basic)	15.14	13.86	10.77	8.07	5.30	8.35
EPS (Diluted)	15.09	13.82	10.72	8.05	5.30	8.35
EPS Growth	13.02%	28.89%	33.11%	51.96%	-36.51%	35.37%
Dividend Per Share	3.500	3.000	1.000	1.000	1.000	1.000
Dividend Growth	40.00%	200.00%	0%	0%	0%	0%
Effective Tax Rate	22.58%	24.31%	21.80%	23.15%	38.62%	25.38%

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