Security Bank Corporation (PSE:SECB)
Philippines
· Delayed Price · Currency is PHP 70.75
-1.25 (-1.74%)
Mar 12, 2025, 9:30 AM PST
Security Bank Income Statement
Financials in millions PHP. Fiscal year is January - December.
Millions PHP. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 49,164 | 39,134 | 30,060 | 28,382 | 34,437 | Upgrade
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| Interest Income on Investments | 13,642 | 9,961 | 6,695 | 4,522 | 5,916 | Upgrade
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| Total Interest Income | 62,806 | 49,095 | 36,755 | 32,903 | 40,353 | Upgrade
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| Interest Paid on Deposits | 6,893 | 8,195 | 5,043 | 2,941 | 5,186 | Upgrade
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| Interest Paid on Borrowings | 12,191 | 6,166 | 2,466 | 2,506 | 4,518 | Upgrade
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| Total Interest Expense | 19,084 | 14,361 | 7,509 | 5,447 | 9,703 | Upgrade
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| Net Interest Income | 43,722 | 34,734 | 29,246 | 27,456 | 30,650 | Upgrade
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| Net Interest Income Growth (YoY) | 25.88% | 18.76% | 6.52% | -10.42% | 14.18% | Upgrade
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| Income From Trading Activities | 283.19 | 288.56 | -25.87 | 1,092 | 11,105 | Upgrade
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| Gain (Loss) on Sale of Assets | 935.18 | 1,212 | 1,497 | 1,391 | 281.64 | Upgrade
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| Gain (Loss) on Sale of Investments | - | - | 4 | 66.03 | 3,186 | Upgrade
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| Gain (Loss) on Sale of Equity Investments | 1.87 | 179.57 | 147.36 | 81.35 | -194.98 | Upgrade
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| Other Non-Interest Income | 9,992 | 6,545 | 8,767 | 6,724 | 5,346 | Upgrade
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| Total Non-Interest Income | 11,212 | 8,225 | 10,389 | 9,354 | 19,723 | Upgrade
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| Non-Interest Income Growth (YoY) | 36.32% | -20.83% | 11.06% | -52.57% | 177.59% | Upgrade
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| Revenues Before Loan Losses | 54,935 | 42,959 | 39,635 | 36,811 | 50,373 | Upgrade
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| Provision for Loan Losses | 6,654 | 4,666 | 2,634 | 5,281 | 26,383 | Upgrade
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| Revenue | 48,281 | 38,293 | 37,001 | 31,530 | 23,990 | Upgrade
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| Revenue Growth (YoY) | 26.08% | 3.49% | 17.35% | 31.43% | -19.43% | Upgrade
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| Salaries and Employee Benefits | 10,839 | 8,913 | 7,539 | 6,922 | 6,404 | Upgrade
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| Occupancy Expenses | 3,216 | 2,223 | 2,189 | 2,292 | 2,097 | Upgrade
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| Amortization of Goodwill & Intangibles | 904.89 | 675.04 | 551.18 | 362.32 | 309.43 | Upgrade
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| Selling, General & Administrative | - | 1,223 | 815.16 | 595.97 | 685.57 | Upgrade
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| Other Non-Interest Expense | 18,125 | 12,677 | 11,486 | 10,644 | 9,936 | Upgrade
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| Total Non-Interest Expense | 33,084 | 25,711 | 22,581 | 20,817 | 19,432 | Upgrade
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| EBT Excluding Unusual Items | 15,196 | 12,582 | 14,420 | 10,713 | 4,558 | Upgrade
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| Asset Writedown | 43.84 | -134.68 | -207.06 | 15.15 | -35.15 | Upgrade
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| Legal Settlements | - | -388.09 | -328.17 | -466.91 | -269.39 | Upgrade
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| Pretax Income | 15,240 | 12,059 | 13,885 | 10,262 | 4,253 | Upgrade
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| Income Tax Expense | 4,002 | 2,953 | 3,330 | 3,345 | -3,179 | Upgrade
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| Earnings From Continuing Operations | 11,238 | 9,105 | 10,556 | 6,917 | 7,432 | Upgrade
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| Net Income | 11,238 | 9,105 | 10,556 | 6,917 | 7,432 | Upgrade
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| Preferred Dividends & Other Adjustments | - | 4.26 | 4.26 | 4.26 | 4.26 | Upgrade
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| Net Income to Common | 11,238 | 9,101 | 10,551 | 6,913 | 7,428 | Upgrade
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| Net Income Growth | 23.43% | -13.74% | 52.60% | -6.93% | -26.43% | Upgrade
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| Basic Shares Outstanding | 754 | 754 | 754 | 754 | 754 | Upgrade
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| Diluted Shares Outstanding | 754 | 754 | 754 | 754 | 754 | Upgrade
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| Shares Change (YoY) | 0.03% | - | - | - | - | Upgrade
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| EPS (Basic) | 14.91 | 12.08 | 14.00 | 9.17 | 9.86 | Upgrade
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| EPS (Diluted) | 14.91 | 12.08 | 14.00 | 9.17 | 9.86 | Upgrade
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| EPS Growth | 23.45% | -13.74% | 52.64% | -6.94% | -26.44% | Upgrade
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| Dividend Per Share | - | 3.000 | 3.000 | 2.500 | 2.000 | Upgrade
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| Dividend Growth | - | 0% | 20.00% | 25.00% | 0% | Upgrade
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| Effective Tax Rate | 26.26% | 24.49% | 23.98% | 32.59% | - | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.