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

PSX: SCBPL 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	165,283	151,851	90,430	46,852	52,222	52,240
Interest Income on Investments	100	50.14	25.93	20.93	-	-
Total Interest Income	165,383	151,901	90,456	46,873	52,222	52,240
Interest Paid on Deposits	67,537	57,692	45,828	20,585	24,082	24,453
Net Interest Income	97,846	94,209	44,628	26,289	28,140	27,788
Net Interest Income Growth (YoY)	17.22%	111.10%	69.76%	-6.58%	1.27%	47.57%
Gain (Loss) on Sale of Assets	23.29	159.39	104.19	11.16	104.27	51.5
Gain (Loss) on Sale of Investments	4,128	-996.16	2,266	2,055	3,381	1,799
Other Non-Interest Income	18,029	14,126	15,650	8,884	9,282	9,434
Total Non-Interest Income	22,180	13,289	18,020	10,950	12,767	11,285
Non-Interest Income Growth (YoY)	101.60%	-26.25%	64.56%	-14.23%	13.14%	16.49%
Revenues Before Loan Losses	120,026	107,498	62,648	37,239	40,907	39,072
Provision for Loan Losses	-2,639	-180.79	-1,335	468.61	4,930	-61.83
Revenue	122,666	107,679	63,983	36,770	35,977	39,134
Revenue Growth (YoY)	30.98%	68.29%	74.01%	2.21%	-8.07%	31.57%
Salaries and Employee Benefits	1,952	1,709	930.83	527.14	509.09	660.69
Selling, General & Administrative	18,737	16,574	12,903	11,591	11,862	11,201
Other Non-Interest Expense	206.8	143.06	11.92	18.99	11.77	32.56
Total Non-Interest Expense	20,896	18,426	13,845	12,137	12,383	11,894
EBT Excluding Unusual Items	101,769	89,254	50,137	24,633	23,594	27,240
Asset Writedown	-18.07	-18.07	-15.1	-26.12	-10.74	-45.02
Other Unusual Items	1.67	-14.42	1.38	154.3	32.97	3.88
Pretax Income	101,753	89,221	50,123	24,762	23,616	27,199
Income Tax Expense	58,023	46,599	30,279	11,034	10,483	11,182
Earnings From Continuing Operations	43,730	42,622	19,844	13,728	13,133	16,017
Net Income	43,730	42,622	19,844	13,728	13,133	16,017
Net Income to Common	43,730	42,622	19,844	13,728	13,133	16,017
Net Income Growth	18.04%	114.78%	44.56%	4.53%	-18.01%	42.51%
Basic Shares Outstanding	3,872	3,872	3,872	3,872	3,872	3,872
Diluted Shares Outstanding	3,872	3,872	3,872	3,872	3,872	3,872
EPS (Basic)	11.30	11.01	5.13	3.55	3.39	4.14
EPS (Diluted)	11.30	11.01	5.13	3.55	3.39	4.14
EPS Growth	18.04%	114.78%	44.56%	4.53%	-18.01%	42.51%
Dividend Per Share	2.500	9.000	4.000	3.000	2.750	3.000
Dividend Growth	-72.22%	125.00%	33.33%	9.09%	-8.33%	33.33%
Effective Tax Rate	57.02%	52.23%	60.41%	44.56%	44.39%	41.11%

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