Standard Chartered Bank (Pakistan) Limited (PSX:SCBPL)

PSX:SCBPL Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	159,133	151,851	90,430	46,852	52,222
Interest Income on Investments	100	50.14	25.93	20.93	-
Total Interest Income	159,233	151,901	90,456	46,873	52,222
Interest Paid on Deposits	65,620	57,692	45,828	20,585	24,082
Net Interest Income	93,613	94,209	44,628	26,289	28,140
Net Interest Income Growth (YoY)	-0.63%	111.10%	69.76%	-6.58%	1.27%
Gain (Loss) on Sale of Assets	-	159.39	104.19	11.16	104.27
Gain (Loss) on Sale of Investments	4,600	-996.16	2,266	2,055	3,381
Other Non-Interest Income	19,959	14,126	15,650	8,884	9,282
Total Non-Interest Income	24,559	13,289	18,020	10,950	12,767
Non-Interest Income Growth (YoY)	84.80%	-26.25%	64.56%	-14.23%	13.14%
Revenues Before Loan Losses	118,172	107,498	62,648	37,239	40,907
Provision for Loan Losses	-4,908	-180.79	-1,335	468.61	4,930
Revenue	123,080	107,679	63,983	36,770	35,977
Revenue Growth (YoY)	14.30%	68.29%	74.01%	2.21%	-8.07%
Salaries and Employee Benefits	2,044	1,709	930.83	527.14	509.09
Selling, General & Administrative	20,345	16,574	12,903	11,591	11,862
Other Non-Interest Expense	71.04	143.06	11.92	18.99	11.77
Total Non-Interest Expense	22,460	18,426	13,845	12,137	12,383
EBT Excluding Unusual Items	100,620	89,254	50,137	24,633	23,594
Asset Writedown	-	-18.07	-15.1	-26.12	-10.74
Other Unusual Items	-	-14.42	1.38	154.3	32.97
Pretax Income	100,620	89,221	50,123	24,762	23,616
Income Tax Expense	54,553	46,599	30,279	11,034	10,483
Earnings From Continuing Operations	46,067	42,622	19,844	13,728	13,133
Net Income	46,067	42,622	19,844	13,728	13,133
Net Income to Common	46,067	42,622	19,844	13,728	13,133
Net Income Growth	8.08%	114.78%	44.56%	4.53%	-18.01%
Basic Shares Outstanding	3,871	3,872	3,872	3,872	3,872
Diluted Shares Outstanding	3,871	3,872	3,872	3,872	3,872
Shares Change (YoY)	-0.01%	-	-	-	-
EPS (Basic)	11.90	11.01	5.13	3.55	3.39
EPS (Diluted)	11.90	11.01	5.13	3.55	3.39
EPS Growth	8.09%	114.78%	44.56%	4.53%	-18.01%
Dividend Per Share	9.000	9.000	4.000	3.000	2.750
Dividend Growth	0%	125.00%	33.33%	9.09%	-8.33%
Effective Tax Rate	54.22%	52.23%	60.41%	44.56%	44.39%

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