BankIslami Pakistan Limited (PSX: BIPL)

BankIslami Pakistan 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	113,415	92,756	46,345	23,227	25,721	23,625
Interest Income on Investments	88.33	68.55	25.75	24.64	17.39	10.95
Total Interest Income	113,503	92,825	46,371	23,251	25,739	23,635
Interest Paid on Deposits	67,806	52,573	25,943	12,275	13,230	12,833
Net Interest Income	45,697	40,252	20,428	10,976	12,509	10,803
Net Interest Income Growth (YoY)	29.99%	97.04%	86.11%	-12.25%	15.80%	77.61%
Gain (Loss) on Sale of Assets	-23.82	39.97	19.59	-3.52	3.61	10.24
Gain (Loss) on Sale of Investments	466.59	272.02	80.09	101.98	242.43	660.25
Other Non-Interest Income	4,002	2,746	3,351	1,720	1,286	881.35
Total Non-Interest Income	4,445	3,058	3,451	1,819	1,532	1,552
Non-Interest Income Growth (YoY)	65.79%	-11.38%	89.77%	18.68%	-1.26%	35.80%
Revenues Before Loan Losses	50,142	43,311	23,879	12,795	14,041	12,354
Provision for Loan Losses	4,110	6,887	3,812	31.89	2,601	2,773
Revenue	46,032	36,424	20,067	12,763	11,440	9,581
Revenue Growth (YoY)	42.22%	81.51%	57.23%	11.56%	19.40%	32.55%
Salaries and Employee Benefits	520.22	410.47	164.56	70.69	55.32	35.9
Selling, General & Administrative	175.61	228.85	208.17	124.32	193.1	151.67
Other Non-Interest Expense	20,465	15,940	11,588	9,428	8,515	7,606
Total Non-Interest Expense	21,020	16,519	11,916	9,615	8,994	7,782
EBT Excluding Unusual Items	25,013	19,905	8,151	3,148	2,447	1,799
Other Unusual Items	125.12	183.72	121.96	85.98	84.93	69.12
Pretax Income	25,138	20,089	8,273	3,234	2,532	1,869
Income Tax Expense	12,776	9,478	3,788	1,266	1,056	744
Earnings From Continuing Operations	12,362	10,610	4,484	1,968	1,475	1,125
Earnings From Discontinued Operations	-	-	-	92.61	92.32	-20.71
Minority Interest in Earnings	-	-	-	-29.69	-21.2	3.99
Net Income	12,362	10,610	4,484	2,031	1,546	1,108
Net Income to Common	12,362	10,610	4,484	2,031	1,546	1,108
Net Income Growth	22.66%	136.61%	120.77%	31.35%	39.59%	231.41%
Basic Shares Outstanding	1,109	1,109	1,109	1,109	1,109	1,026
Diluted Shares Outstanding	1,109	1,109	1,109	1,109	1,109	1,026
Shares Change (YoY)	-	-	-	-	8.09%	1.77%
EPS (Basic)	11.15	9.57	4.04	1.83	1.39	1.08
EPS (Diluted)	11.15	9.57	4.04	1.83	1.39	1.08
EPS Growth	22.66%	136.61%	120.77%	31.35%	29.15%	225.64%
Dividend Per Share	2.500	2.750	1.000	-	-	-
Dividend Growth	-9.09%	175.00%	-	-	-	-
Effective Tax Rate	50.82%	47.18%	45.79%	39.14%	41.73%	39.82%

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