Allied Bank Limited (PSX: ABL)

Allied Bank Income Statement

Financials in millions PKR. 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	384,286	357,009	215,478	118,654	110,549	122,639
Interest Income on Investments	3,247	3,543	3,088	2,320	1,774	1,903
Total Interest Income	387,533	360,552	218,565	120,975	112,323	124,541
Interest Paid on Deposits	261,786	244,096	148,768	73,092	62,153	80,761
Net Interest Income	125,747	116,456	69,797	47,882	50,170	43,781
Net Interest Income Growth (YoY)	19.15%	66.85%	45.77%	-4.56%	14.59%	25.28%
Gain (Loss) on Sale of Assets	826.5	23.92	16.45	356.32	300.17	300.57
Gain (Loss) on Sale of Investments	2,188	844.77	1,400	4,306	3,487	1,764
Other Non-Interest Income	23,844	21,185	16,947	9,779	7,882	7,790
Total Non-Interest Income	26,859	22,054	18,363	14,441	11,669	9,854
Non-Interest Income Growth (YoY)	49.51%	20.10%	27.16%	23.75%	18.42%	8.87%
Revenues Before Loan Losses	152,606	138,510	88,161	62,324	61,839	53,635
Provision for Loan Losses	-2,521	2,977	-260.89	-811.1	843.55	546.66
Revenue	155,127	135,533	88,422	63,135	60,995	53,088
Revenue Growth (YoY)	28.70%	53.28%	40.05%	3.51%	14.89%	17.74%
Salaries and Employee Benefits	1,991	1,774	978.73	599.31	626.53	-774.6
Selling, General & Administrative	4,729	3,389	2,901	2,181	2,006	1,845
Other Non-Interest Expense	49,401	44,309	37,607	31,618	28,342	27,038
Total Non-Interest Expense	55,294	48,506	41,535	34,398	30,974	28,108
EBT Excluding Unusual Items	99,832	87,026	46,886	28,737	30,021	24,980
Asset Writedown	-0.03	-	-	-	-	-
Pretax Income	99,615	86,809	46,782	28,685	29,975	24,702
Income Tax Expense	50,852	45,508	25,534	11,182	11,597	10,213
Net Income	48,763	41,301	21,247	17,503	18,378	14,489
Net Income to Common	48,763	41,301	21,247	17,503	18,378	14,489
Net Income Growth	29.56%	94.38%	21.39%	-4.76%	26.84%	11.18%
Basic Shares Outstanding	1,145	1,145	1,145	1,145	1,145	1,145
Diluted Shares Outstanding	1,145	1,145	1,145	1,145	1,145	1,145
EPS (Basic)	42.59	36.07	18.56	15.29	16.05	12.65
EPS (Diluted)	42.59	36.07	18.56	15.29	16.05	12.65
EPS Growth	29.56%	94.38%	21.39%	-4.76%	26.84%	11.18%
Dividend Per Share	16.000	12.000	8.500	8.000	8.000	8.000
Dividend Growth	52.38%	41.18%	6.25%	0%	0%	0%
Effective Tax Rate	51.05%	52.42%	54.58%	38.98%	38.69%	41.35%

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