Scotiabank Chile Income Statement

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

Millions CLP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Interest Income on Loans	2,333,180	2,488,415	1,757,297	1,093,071	1,539,782	1,681,074	Upgrade
Interest Paid on Deposits	1,395,703	1,637,454	1,111,306	312,048	625,585	816,751	Upgrade
Net Interest Income	937,477	850,961	645,991	781,023	914,197	864,323	Upgrade
Net Interest Income Growth (YoY)	27.61%	31.73%	-17.29%	-14.57%	5.77%	40.56%	Upgrade
Income From Trading Activities	151,867	185,942	115,228	75,865	-	-	Upgrade
Gain (Loss) on Sale of Assets	-1,798	845	4,246	1,665	10,830	36,375	Upgrade
Gain (Loss) on Sale of Investments	5,074	8,289	5,898	31,086	8,305	11,580	Upgrade
Gain (Loss) on Sale of Equity Investments	4,628	6,362	6,513	-6,895	-	-	Upgrade
Other Non-Interest Income	571,406	525,826	659,153	454,888	336,441	349,211	Upgrade
Total Non-Interest Income	731,177	727,264	791,038	556,609	355,576	397,166	Upgrade
Non-Interest Income Growth (YoY)	-5.80%	-8.06%	42.12%	56.54%	-10.47%	76.60%	Upgrade
Revenues Before Loan Losses	1,668,654	1,578,225	1,437,029	1,337,632	1,269,773	1,261,489	Upgrade
Provision for Loan Losses	436,422	421,926	299,660	207,987	328,238	276,030	Upgrade
Revenue	1,232,232	1,156,299	1,137,369	1,129,645	941,535	985,459	Upgrade
Revenue Growth (YoY)	10.17%	1.66%	0.68%	19.98%	-4.46%	61.64%	Upgrade
Salaries and Employee Benefits	306,646	307,418	274,477	284,722	257,512	299,149	Upgrade
Occupancy Expenses	71,065	66,914	60,583	56,424	58,779	56,777	Upgrade
Selling, General & Administrative	254,518	241,090	230,526	207,880	226,257	243,476	Upgrade
Other Non-Interest Expense	33,649	35,818	33,403	34,958	43,175	34,248	Upgrade
Total Non-Interest Expense	665,878	651,240	598,989	583,984	584,104	633,374	Upgrade
EBT Excluding Unusual Items	566,354	505,059	538,380	545,661	357,431	352,085	Upgrade
Asset Writedown	-432	-264	-584	-262	-72	-219	Upgrade
Legal Settlements	133	104	-1,279	-529	-425	-706	Upgrade
Other Unusual Items	-	-	-	-	27	-	Upgrade
Pretax Income	552,333	491,177	536,517	544,870	356,961	351,148	Upgrade
Income Tax Expense	85,904	74,612	21,461	94,865	70,592	77,582	Upgrade
Earnings From Continuing Operations	466,429	416,565	515,056	450,005	286,369	273,566	Upgrade
Minority Interest in Earnings	-19,755	-8,604	-27,523	-25,777	-10,950	-19,188	Upgrade
Net Income	446,674	407,961	487,533	424,228	275,419	254,378	Upgrade
Net Income to Common	446,674	407,961	487,533	424,228	275,419	254,378	Upgrade
Net Income Growth	7.89%	-16.32%	14.92%	54.03%	8.27%	135.27%	Upgrade
Basic Shares Outstanding	12,245	12,245	12,245	12,245	12,245	11,510	Upgrade
Diluted Shares Outstanding	12,245	12,245	12,245	12,245	12,245	11,510	Upgrade
Shares Change (YoY)	-	-	-	-	6.38%	0.07%	Upgrade
EPS (Basic)	36.48	33.32	39.82	34.65	22.49	22.10	Upgrade
EPS (Diluted)	36.48	33.32	39.82	34.65	22.49	22.10	Upgrade
EPS Growth	7.89%	-16.32%	14.92%	54.03%	1.78%	135.11%	Upgrade
Dividend Per Share	9.995	9.995	11.945	13.863	8.997	8.515	Upgrade
Dividend Growth	-16.32%	-16.32%	-13.84%	54.09%	5.66%	202.14%	Upgrade
Effective Tax Rate	15.55%	15.19%	4.00%	17.41%	19.78%	22.09%	Upgrade

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