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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	380,521	357,009	215,478	118,654	110,549	122,639
Interest Income on Investments	3,552	3,543	3,088	2,320	1,774	1,903
Total Interest Income	384,073	360,552	218,565	120,975	112,323	124,541
Interest Paid on Deposits	259,734	244,096	148,768	73,092	62,153	80,761
Net Interest Income	124,339	116,456	69,797	47,882	50,170	43,781
Net Interest Income Growth (YoY)	33.43%	66.85%	45.77%	-4.56%	14.59%	25.28%
Gain (Loss) on Sale of Assets	290.85	23.92	16.45	356.32	300.17	300.57
Gain (Loss) on Sale of Investments	1,472	844.77	1,400	4,306	3,487	1,764
Other Non-Interest Income	22,730	21,185	16,947	9,779	7,882	7,790
Total Non-Interest Income	24,493	22,054	18,363	14,441	11,669	9,854
Non-Interest Income Growth (YoY)	29.61%	20.10%	27.16%	23.75%	18.42%	8.87%
Revenues Before Loan Losses	148,832	138,510	88,161	62,324	61,839	53,635
Provision for Loan Losses	-2,815	2,977	-260.89	-811.1	843.55	546.66
Revenue	151,647	135,533	88,422	63,135	60,995	53,088
Revenue Growth (YoY)	39.32%	53.28%	40.05%	3.51%	14.89%	17.74%
Salaries and Employee Benefits	1,978	1,774	978.73	599.31	626.53	-774.6
Selling, General & Administrative	4,265	3,389	2,901	2,181	2,006	1,845
Other Non-Interest Expense	47,581	44,309	37,607	31,618	28,342	27,038
Total Non-Interest Expense	52,917	48,506	41,535	34,398	30,974	28,108
EBT Excluding Unusual Items	98,729	87,026	46,886	28,737	30,021	24,980
Pretax Income	98,512	86,809	46,782	28,685	29,975	24,702
Income Tax Expense	50,769	45,508	25,534	11,182	11,597	10,213
Net Income	47,743	41,301	21,247	17,503	18,378	14,489
Net Income to Common	47,743	41,301	21,247	17,503	18,378	14,489
Net Income Growth	48.93%	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)	41.69	36.07	18.56	15.29	16.05	12.65
EPS (Diluted)	41.69	36.07	18.56	15.29	16.05	12.65
EPS Growth	48.93%	94.38%	21.39%	-4.76%	26.84%	11.18%
Dividend Per Share	15.000	12.000	8.500	8.000	8.000	8.000
Dividend Growth	57.89%	41.18%	6.25%	0%	0%	0%
Effective Tax Rate	51.54%	52.42%	54.58%	38.98%	38.69%	41.35%

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