JS Bank Limited (PSX: JSBL)

JS 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	223,853	132,010	72,224	39,227	43,192	41,692
Interest Income on Investments	521.69	489.58	227.2	205.32	135.12	198.43
Total Interest Income	224,375	132,499	72,452	39,433	43,327	41,890
Interest Paid on Deposits	150,380	92,495	57,260	27,200	33,281	34,497
Net Interest Income	73,995	40,004	15,192	12,232	10,046	7,393
Net Interest Income Growth (YoY)	204.30%	163.33%	24.19%	21.77%	35.88%	-19.26%
Gain (Loss) on Sale of Assets	-12.92	86.24	54.59	12.31	11.68	493.68
Gain (Loss) on Sale of Investments	2,480	717.44	-22.8	163.13	1,921	-666
Gain (Loss) on Sale of Equity Investments	-69.76	-60.64	-12.98	19.01	-15.26	4.18
Other Non-Interest Income	14,884	11,832	6,003	5,637	5,434	4,434
Total Non-Interest Income	17,282	12,575	6,022	5,831	7,351	4,266
Non-Interest Income Growth (YoY)	100.24%	108.83%	3.27%	-20.68%	72.32%	48.36%
Revenues Before Loan Losses	91,277	52,580	21,213	18,063	17,397	11,659
Provision for Loan Losses	8,057	6,648	965.79	1,960	1,072	-91.93
Revenue	83,219	45,931	20,248	16,104	16,325	11,751
Revenue Growth (YoY)	179.39%	126.85%	25.73%	-1.36%	38.93%	-1.03%
Salaries and Employee Benefits	732.43	330.73	45.08	55.1	46.47	-65.99
Selling, General & Administrative	3,407	2,526	1,188	398.73	461.63	338.13
Other Non-Interest Expense	46,127	28,457	16,746	13,380	13,531	11,561
Total Non-Interest Expense	50,266	31,314	17,979	13,834	14,039	11,833
EBT Excluding Unusual Items	32,953	14,617	2,269	2,270	2,286	-82.57
Asset Writedown	-	-	-133	-18.56	-181.89	-3.23
Other Unusual Items	97.69	3,714	172.94	6.69	64.81	-
Pretax Income	33,051	18,331	2,309	2,258	2,169	-85.8
Income Tax Expense	16,907	7,946	1,218	1,041	1,060	170.81
Earnings From Continuing Operations	16,143	10,385	1,090	1,217	1,108	-256.61
Minority Interest in Earnings	-3,307	-936.43	-8.53	-22.74	1.94	11.32
Net Income	12,837	9,449	1,082	1,195	1,110	-245.29
Preferred Dividends & Other Adjustments	-	-	-	-	-	24.16
Net Income to Common	12,837	9,449	1,082	1,195	1,110	-269.45
Net Income Growth	86.90%	773.46%	-9.45%	7.59%	-	-
Basic Shares Outstanding	2,050	1,578	1,297	1,297	1,297	1,297
Diluted Shares Outstanding	2,050	1,578	1,297	1,297	1,297	1,297
Shares Change (YoY)	47.38%	21.61%	-	-	-	2.38%
EPS (Basic)	6.26	5.99	0.83	0.92	0.86	-0.21
EPS (Diluted)	6.26	5.99	0.83	0.92	0.86	-0.21
EPS Growth	26.82%	618.25%	-9.45%	7.59%	-	-
Effective Tax Rate	51.16%	43.35%	52.77%	46.08%	48.89%	-

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