The Bank of Punjab (PSX: BOP)

The Bank of Punjab Balance Sheet

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
Cash & Equivalents	36,998	46,382	33,625	36,381	36,690	36,878
Investment Securities	924,240	496,191	645,972	499,502	454,300	302,504
Trading Asset Securities	66,421	44,125	6,368	33,678	19,169	9,958
Total Investments	990,660	540,316	652,340	533,180	473,469	312,462
Gross Loans	683,594	858,532	641,689	539,671	447,128	433,947
Allowance for Loan Losses	-54,928	-43,364	-45,050	-50,015	-51,825	-45,751
Other Adjustments to Gross Loans	-	-7,623	-5,705	-4,080	-3,413	-4,550
Net Loans	628,666	807,545	590,935	485,577	391,890	383,647
Property, Plant & Equipment	36,114	33,219	30,344	19,836	14,817	15,224
Other Intangible Assets	2,501	2,099	1,777	1,108	695.65	800.43
Accrued Interest Receivable	88,106	89,630	35,911	18,970	15,563	20,064
Other Receivables	-	85,200	-	-	-	-
Restricted Cash	70,236	63,073	44,421	43,897	35,090	26,911
Other Current Assets	20,771	17,280	18,698	9,359	3,473	5,326
Long-Term Deferred Tax Assets	11,459	10,315	14,584	13,760	7,839	6,632
Other Real Estate Owned & Foreclosed	4,641	1,997	3,677	5,849	5,904	7,393
Other Long-Term Assets	245,378	519,147	55,686	29,355	110,419	54,346
Total Assets	2,135,532	2,216,204	1,481,998	1,197,272	1,095,848	869,682
Accrued Expenses	5,533	2,279	1,924	823.27	1,270	397.62
Interest Bearing Deposits	1,305,508	1,259,885	1,011,474	827,075	683,498	553,859
Non-Interest Bearing Deposits	267,538	260,951	215,825	175,843	151,572	137,157
Total Deposits	1,573,046	1,520,836	1,227,299	1,002,918	835,070	691,016
Short-Term Borrowings	253,623	407,242	32,742	28,224	124,714	67,626
Current Portion of Long-Term Debt	-	9,640	2,674	9,391	9,438	2,039
Current Portion of Leases	101.04	84.72	85.03	107.81	47.93	28.86
Current Income Taxes Payable	407.02	4,536	3,220	755.47	-	372.91
Accrued Interest Payable	65,584	63,054	30,501	14,449	15,915	16,884
Other Current Liabilities	23,574	21,399	23,594	18,450	6,992	6,337
Long-Term Debt	85,743	67,315	62,721	41,497	27,480	16,643
Long-Term Leases	16,118	15,643	14,268	9,372	7,250	6,689
Long-Term Unearned Revenue	-	-	-	-	336.35	691.12
Pension & Post-Retirement Benefits	478.21	710.07	183.34	273.89	261.77	264.93
Other Long-Term Liabilities	28,146	22,894	17,822	16,100	14,688	13,825
Total Liabilities	2,052,354	2,135,632	1,417,034	1,142,362	1,043,465	822,815
Common Stock	32,716	32,453	29,742	26,437	26,437	26,437
Additional Paid-In Capital	2,215	2,215	2,215	2,215	2,215	2,215
Retained Earnings	30,394	43,323	34,966	27,303	17,532	12,661
Comprehensive Income & Other	16,898	1,819	-2,587	-1,632	5,692	5,108
Total Common Equity	82,222	79,809	64,336	54,323	51,876	46,421
Minority Interest	955.79	762.17	627.81	587.58	506.99	445.33
Shareholders' Equity	83,178	80,571	64,964	54,910	52,383	46,867
Total Liabilities & Equity	2,135,532	2,216,204	1,481,998	1,197,272	1,095,848	869,682
Total Debt	355,585	499,924	112,489	88,592	168,931	93,027
Net Cash (Debt)	-240,049	-403,117	-56,546	-15,433	-105,441	-42,796
Net Cash Per Share	-73.37	-123.22	-17.28	-4.72	-32.23	-13.08
Filing Date Shares Outstanding	3,272	3,272	3,272	3,272	3,272	3,272
Total Common Shares Outstanding	3,272	3,272	3,272	3,272	3,272	3,272
Book Value Per Share	25.13	24.39	19.67	16.60	15.86	14.19
Tangible Book Value	79,721	77,710	62,559	53,215	51,180	45,621
Tangible Book Value Per Share	24.37	23.75	19.12	16.27	15.64	13.94

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