National Bank of Pakistan (PSX: NBP)

National Bank of 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	1,130,128	1,025,135	503,576	232,052	258,031	239,710
Interest Income on Investments	6,140	5,205	5,070	4,516	1,835	3,099
Total Interest Income	1,136,268	1,030,339	508,646	236,568	259,867	242,810
Interest Paid on Deposits	976,082	855,780	386,474	134,285	153,652	167,556
Net Interest Income	160,186	174,559	122,172	102,283	106,215	75,253
Net Interest Income Growth (YoY)	-1.31%	42.88%	19.44%	-3.70%	41.14%	18.71%
Gain (Loss) on Sale of Assets	-59.91	234.18	84.01	71.7	23.05	37.49
Gain (Loss) on Sale of Investments	12,495	4,421	1,123	6,203	7,913	2,166
Other Non-Interest Income	38,092	33,441	32,544	27,822	27,765	32,517
Total Non-Interest Income	50,527	38,096	33,751	34,096	35,701	34,720
Non-Interest Income Growth (YoY)	51.41%	12.87%	-1.01%	-4.50%	2.83%	-2.31%
Revenues Before Loan Losses	210,713	212,655	155,923	136,379	141,915	109,973
Provision for Loan Losses	7,621	15,382	13,116	11,659	30,912	13,557
Revenue	203,092	197,273	142,807	124,720	111,003	96,416
Revenue Growth (YoY)	15.06%	38.14%	14.50%	12.36%	15.13%	9.90%
Selling, General & Administrative	2,941	2,548	1,882	2,086	2,003	1,789
Other Non-Interest Expense	105,434	92,897	77,779	59,320	62,440	65,590
Total Non-Interest Expense	107,163	93,974	79,211	61,166	64,619	67,438
EBT Excluding Unusual Items	95,929	103,299	63,595	63,554	46,384	28,978
Asset Writedown	-	-	1.69	12.38	-	-
Other Unusual Items	-49,014	-	-	-9,779	-	-
Pretax Income	46,914	103,299	63,597	53,792	46,384	28,978
Income Tax Expense	29,187	49,978	32,648	25,032	15,798	12,331
Earnings From Continuing Operations	17,727	53,321	30,949	28,760	30,586	16,647
Minority Interest in Earnings	-407.25	-219.8	-114.42	-159.92	-96.17	-64.49
Net Income	17,320	53,102	30,835	28,600	30,490	16,583
Net Income to Common	17,320	53,102	30,835	28,600	30,490	16,583
Net Income Growth	-66.01%	72.21%	7.81%	-6.20%	83.86%	-16.72%
Basic Shares Outstanding	2,128	2,128	2,128	2,128	2,128	2,128
Diluted Shares Outstanding	2,128	2,128	2,128	2,128	2,128	2,128
EPS (Basic)	8.14	24.96	14.49	13.44	14.33	7.79
EPS (Diluted)	8.14	24.96	14.49	13.44	14.33	7.79
EPS Growth	-66.01%	72.25%	7.81%	-6.21%	83.95%	-16.77%
Dividend Per Share	-	-	-	1.000	-	-
Effective Tax Rate	62.21%	48.38%	51.34%	46.53%	34.06%	42.55%

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