Bank AL Habib Limited (PSX: BAHL)

Bank AL Habib 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	477,563	373,888	200,911	116,747	125,290	105,617
Interest Income on Investments	537.12	701.54	684.36	475.44	432.36	397.56
Total Interest Income	478,100	374,589	201,595	117,223	125,723	106,015
Interest Paid on Deposits	321,579	249,743	123,592	61,268	67,649	64,413
Net Interest Income	156,522	124,846	78,003	55,955	58,074	41,602
Net Interest Income Growth (YoY)	44.06%	60.05%	39.40%	-3.65%	39.59%	32.85%
Gain (Loss) on Sale of Assets	1,026	453.66	452.29	467.55	440.31	377.02
Gain (Loss) on Sale of Investments	-212.8	30.92	138.86	-38.25	186.63	-32.47
Gain (Loss) on Sale of Equity Investments	1,368	1,134	778.63	372.03	114.34	94.99
Other Non-Interest Income	25,251	22,033	19,527	13,213	9,259	8,726
Total Non-Interest Income	27,432	23,652	20,896	14,015	10,000	9,166
Non-Interest Income Growth (YoY)	21.42%	13.19%	49.10%	40.14%	9.10%	32.37%
Revenues Before Loan Losses	183,954	148,498	98,900	69,970	68,074	50,768
Provision for Loan Losses	17,098	4,100	12,881	314.48	4,425	3,399
Revenue	166,856	144,398	86,019	69,655	63,649	47,368
Revenue Growth (YoY)	36.83%	67.87%	23.49%	9.44%	34.37%	24.59%
Salaries and Employee Benefits	1,915	1,561	821.63	623.62	673.05	448.42
Selling, General & Administrative	6,378	6,129	3,776	3,736	3,606	2,176
Other Non-Interest Expense	75,085	64,624	48,366	35,079	30,576	25,704
Total Non-Interest Expense	83,378	72,315	52,964	39,438	34,855	28,328
EBT Excluding Unusual Items	83,479	72,083	33,055	30,217	28,794	19,040
Asset Writedown	-2.5	-75.89	-	-	-122.19	-
Other Unusual Items	-	-	-	-	37.73	-
Pretax Income	83,476	72,007	33,055	30,217	28,709	19,040
Income Tax Expense	42,810	36,077	16,369	11,620	10,752	7,849
Earnings From Continuing Operations	40,666	35,930	16,686	18,597	17,957	11,192
Minority Interest in Earnings	-15.93	-2.27	1.62	-13.67	-9.73	3.74
Net Income	40,651	35,928	16,688	18,583	17,948	11,195
Net Income to Common	40,651	35,928	16,688	18,583	17,948	11,195
Net Income Growth	30.06%	115.29%	-10.20%	3.54%	60.31%	32.37%
Basic Shares Outstanding	1,111	1,111	1,111	1,111	1,111	1,111
Diluted Shares Outstanding	1,111	1,111	1,111	1,111	1,111	1,111
EPS (Basic)	36.58	32.33	15.01	16.72	16.15	10.07
EPS (Diluted)	36.58	32.33	15.01	16.72	16.15	10.07
EPS Growth	30.06%	115.29%	-10.20%	3.54%	60.31%	32.37%
Dividend Per Share	15.500	14.000	7.000	7.000	4.500	3.500
Dividend Growth	-3.13%	100.00%	0%	55.56%	28.57%	40.00%
Effective Tax Rate	51.28%	50.10%	49.52%	38.46%	37.45%	41.22%

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