Banco de Crédito e Inversiones (SNSE: BCI)

BCI Income Statement

Financials in millions CLP. 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	4,106,040	4,102,634	2,903,692	1,709,828	2,088,604	2,206,557
Interest Paid on Deposits	2,378,218	2,539,336	1,343,274	349,599	630,063	885,063
Net Interest Income	1,727,822	1,563,298	1,560,418	1,360,229	1,458,541	1,321,494
Net Interest Income Growth (YoY)	10.52%	0.18%	14.72%	-6.74%	10.37%	22.34%
Income From Trading Activities	311,043	234,036	-316	135,809	-	-
Gain (Loss) on Sale of Assets	14,204	10,232	9,702	11,637	2,045	5,068
Gain (Loss) on Sale of Investments	-37,024	-12,105	8,399	-	55,051	23,765
Gain (Loss) on Sale of Equity Investments	17,437	16,018	7,404	2,290	-	-
Other Non-Interest Income	687,103	708,850	1,113,457	647,092	514,535	540,822
Total Non-Interest Income	992,763	957,031	1,138,646	796,828	571,631	569,655
Non-Interest Income Growth (YoY)	1.31%	-15.95%	42.90%	39.40%	0.35%	13.09%
Revenues Before Loan Losses	2,720,585	2,520,329	2,699,064	2,157,057	2,030,172	1,891,149
Provision for Loan Losses	336,949	399,255	494,870	401,124	653,911	415,519
Revenue	2,383,636	2,121,074	2,204,194	1,755,933	1,376,261	1,475,630
Revenue Growth (YoY)	15.20%	-3.77%	25.53%	27.59%	-6.73%	11.99%
Salaries and Employee Benefits	705,114	665,866	638,989	540,053	522,080	483,886
Occupancy Expenses	113,046	113,016	113,643	106,931	109,010	103,649
Selling, General & Administrative	524,407	479,483	408,465	321,693	325,192	323,406
Other Non-Interest Expense	60,027	48,862	51,091	65,474	74,474	46,302
Total Non-Interest Expense	1,402,594	1,307,227	1,212,188	1,034,151	1,031,114	944,605
EBT Excluding Unusual Items	981,042	813,847	992,006	721,782	345,147	531,025
Asset Writedown	-2,540	-2,547	-567	-23	-5,073	-478
Legal Settlements	3,436	6,675	-59,117	271	-	-
Pretax Income	977,852	817,975	911,903	722,030	342,198	531,176
Income Tax Expense	166,047	135,404	90,879	201,484	24,665	128,437
Earnings From Continuing Operations	811,805	682,571	821,024	520,546	317,533	402,739
Minority Interest in Earnings	-39	-103	-202	-155	-79	-94
Net Income	811,766	682,468	820,822	520,391	317,454	402,645
Net Income to Common	811,766	682,468	820,822	520,391	317,454	402,645
Net Income Growth	17.23%	-16.86%	57.73%	63.93%	-21.16%	1.73%
Basic Shares Outstanding	223	188	177	182	191	191
Diluted Shares Outstanding	223	188	177	182	191	191
Shares Change (YoY)	36.80%	5.88%	-2.81%	-4.58%	0.24%	6.55%
EPS (Basic)	3642.80	3638.96	4633.83	2855.32	1662.06	2113.20
EPS (Diluted)	3642.35	3638.96	4633.83	2855.31	1661.90	2113.05
EPS Growth	-14.32%	-21.47%	62.29%	71.81%	-21.35%	-4.53%
Dividend Per Share	1000.000	1000.000	1329.163	826.320	546.545	743.245
Dividend Growth	-24.76%	-24.76%	60.85%	51.19%	-26.47%	4.21%
Effective Tax Rate	16.98%	16.55%	9.97%	27.91%	7.21%	24.18%

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