Philippine Savings Bank (PSE: PSB)

Philippine Savings Bank Balance Sheet

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
Cash & Equivalents	3,346	9,863	36,094	50,096	30,492	3,935
Investment Securities	57,526	92,053	103,490	86,465	29,887	39,699
Trading Asset Securities	204.2	414.3	0.04	0.04	0.05	0.04
Total Investments	57,730	92,467	103,490	86,465	29,887	39,699
Gross Loans	138,312	125,202	111,607	113,527	143,579	164,123
Allowance for Loan Losses	-4,812	-6,091	-5,717	-6,758	-6,727	-3,530
Other Adjustments to Gross Loans	-82.31	-115	-185.27	-292.6	-427.74	-0.71
Net Loans	133,418	118,996	105,704	106,476	136,424	160,592
Property, Plant & Equipment	3,136	3,142	3,127	2,938	3,090	3,313
Goodwill	-	53.56	53.56	53.56	53.56	53.56
Other Intangible Assets	233.8	244.64	280.33	307.63	387.58	426.9
Investments in Real Estate	72.12	75	78.82	82.65	86.48	90.32
Accrued Interest Receivable	2,093	2,326	2,548	2,874	3,808	1,848
Other Receivables	1,175	1,414	1,475	790.4	2,304	1,972
Restricted Cash	10,600	3,300	6,300	6,500	5,500	6,300
Other Current Assets	587.09	638.01	370.5	393.9	392.3	449.92
Long-Term Deferred Tax Assets	1,570	1,258	280.11	576.79	2,091	1,398
Other Real Estate Owned & Foreclosed	4,486	4,528	4,288	3,834	4,715	4,571
Other Long-Term Assets	130.34	127.7	330.37	417.15	181.85	256.54
Total Assets	218,577	238,433	264,421	261,806	219,414	224,907
Accounts Payable	1,905	1,998	2,087	1,502	2,073	2,384
Accrued Expenses	1,578	1,474	1,331	934.73	860.53	653.91
Interest Bearing Deposits	166,758	189,623	213,773	216,796	167,464	172,505
Total Deposits	166,758	189,623	213,773	216,796	167,464	172,505
Short-Term Borrowings	-	271.9	1,186	-	-	1,200
Current Portion of Long-Term Debt	-	-	4,648	-	6,283	2,990
Current Portion of Leases	-	428.53	394	419	333.6	39.8
Current Income Taxes Payable	11.34	-	-	0.08	322.02	0.37
Accrued Interest Payable	254.8	515.71	505.83	204.44	263.69	434.2
Other Current Liabilities	3,132	2,799	2,164	1,410	1,568	2,063
Long-Term Debt	-	-	-	4,634	4,619	6,255
Long-Term Leases	1,207	752.67	928.93	859.69	1,009	1,427
Pension & Post-Retirement Benefits	103.32	241.02	-	-	49.02	440.39
Other Long-Term Liabilities	169.1	173.7	263.08	152.53	56.86	57.32
Total Liabilities	175,119	198,279	227,281	226,912	184,903	190,450
Common Stock	4,269	4,269	4,269	4,269	4,269	3,831
Additional Paid-In Capital	11,419	11,419	11,419	11,419	11,419	9,288
Retained Earnings	1,046	1,046	1,044	1,041	1,039	1,037
Comprehensive Income & Other	26,725	23,421	20,408	18,165	17,784	20,301
Shareholders' Equity	43,458	40,154	37,140	34,894	34,511	34,457
Total Liabilities & Equity	218,577	238,433	264,421	261,806	219,414	224,907
Total Debt	1,207	1,453	7,157	5,912	12,245	11,912
Net Cash (Debt)	9,642	15,814	31,588	48,717	23,693	-7,976
Net Cash Growth	73.73%	-49.94%	-35.16%	105.61%	-	-
Net Cash Per Share	22.59	37.05	74.00	114.13	55.51	-18.99
Filing Date Shares Outstanding	426.86	426.86	426.86	426.86	426.86	426.86
Total Common Shares Outstanding	426.86	426.86	426.86	426.86	426.86	426.86
Book Value Per Share	101.81	94.07	87.01	81.75	80.85	80.72
Tangible Book Value	43,224	39,856	36,806	34,533	34,070	33,977
Tangible Book Value Per Share	101.26	93.37	86.22	80.90	79.81	79.60

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