JS Bank Income Statement

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	221,453	132,010	72,224	39,227	43,192
Interest Income on Investments	451.84	489.58	227.2	205.32	135.12
Total Interest Income	221,905	132,499	72,452	39,433	43,327
Interest Paid on Deposits	147,488	92,495	57,260	27,200	33,281
Net Interest Income	74,417	40,004	15,192	12,232	10,046
Net Interest Income Growth (YoY)	86.02%	163.33%	24.19%	21.77%	35.88%
Gain (Loss) on Sale of Assets	61.53	86.24	54.59	12.31	11.68
Gain (Loss) on Sale of Investments	1,495	717.44	-22.8	163.13	1,921
Gain (Loss) on Sale of Equity Investments	409.54	-60.64	-12.98	19.01	-15.26
Other Non-Interest Income	13,757	11,832	6,003	5,637	5,434
Total Non-Interest Income	15,724	12,575	6,022	5,831	7,351
Non-Interest Income Growth (YoY)	25.04%	108.83%	3.27%	-20.68%	72.32%
Revenues Before Loan Losses	90,140	52,580	21,213	18,063	17,397
Provision for Loan Losses	7,414	6,020	965.79	1,960	1,072
Revenue	82,726	46,559	20,248	16,104	16,325
Revenue Growth (YoY)	77.68%	129.95%	25.73%	-1.36%	38.93%
Salaries and Employee Benefits	669.54	330.73	45.08	55.1	46.47
Selling, General & Administrative	2,465	2,496	1,188	398.73	461.63
Other Non-Interest Expense	49,020	28,556	16,746	13,380	13,531
Total Non-Interest Expense	52,154	31,382	17,979	13,834	14,039
EBT Excluding Unusual Items	30,572	15,178	2,269	2,270	2,286
Asset Writedown	-	-	-133	-18.56	-181.89
Other Unusual Items	107.4	3,501	172.94	6.69	64.81
Pretax Income	30,679	18,678	2,309	2,258	2,169
Income Tax Expense	17,319	8,301	1,218	1,041	1,060
Earnings From Continuing Operations	13,360	10,377	1,090	1,217	1,108
Minority Interest in Earnings	-3,051	-916.2	-8.53	-22.74	1.94
Net Income	10,309	9,461	1,082	1,195	1,110
Net Income to Common	10,309	9,461	1,082	1,195	1,110
Net Income Growth	8.97%	774.55%	-9.45%	7.59%	-
Basic Shares Outstanding	2,051	1,578	1,297	1,297	1,297
Diluted Shares Outstanding	2,051	1,578	1,297	1,297	1,297
Shares Change (YoY)	29.97%	21.61%	-	-	-
EPS (Basic)	5.03	6.00	0.83	0.92	0.86
EPS (Diluted)	5.03	6.00	0.83	0.92	0.86
EPS Growth	-16.15%	619.14%	-9.45%	7.59%	-
Effective Tax Rate	56.45%	44.45%	52.77%	46.08%	48.89%

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.