Grupo Security S.A. (SNSE:SECURITY)

Grupo Security Income Statement

Financials in millions CLP. 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	-	710,048	857,631	471,725	359,293
Interest Income on Investments	-	356,609	231,850	118,508	111,934
Total Interest Income	-	1,066,657	1,089,481	590,233	471,227
Interest Paid on Deposits	-	240,574	146,676	17,226	47,185
Interest Paid on Borrowings	-	287,590	485,111	243,089	147,238
Total Interest Expense	-	528,164	631,788	260,315	194,422
Net Interest Income	-	538,493	457,693	329,918	276,805
Net Interest Income Growth (YoY)	-	17.65%	38.73%	19.19%	4.61%
Trust Income	-	5,192	4,658	4,280	4,436
Income From Trading Activities	-	531,379	631,874	357,220	10,344
Gain (Loss) on Sale of Assets	-	-	-	2,146	1,028
Gain (Loss) on Sale of Investments	-	1,502	2,534	3,602	11,773
Other Non-Interest Income	2,649,156	-380,131	-492,591	-242,293	119,172
Total Non-Interest Income	2,649,156	161,704	147,494	126,475	148,791
Non-Interest Income Growth (YoY)	1538.28%	9.63%	16.62%	-15.00%	-10.12%
Revenues Before Loan Losses	2,649,156	700,197	605,187	456,394	425,596
Provision for Loan Losses	-	72,848	69,595	78,959	71,699
Revenue	2,649,156	627,349	535,592	377,434	353,897
Revenue Growth (YoY)	322.28%	17.13%	41.90%	6.65%	-7.85%
Selling, General & Administrative	343,201	315,609	287,985	234,496	238,841
Other Non-Interest Expense	2,117,252	77,456	100,765	51,408	37,895
Total Non-Interest Expense	2,459,892	393,771	387,749	285,123	276,825
EBT Excluding Unusual Items	189,264	233,578	147,843	92,311	77,072
Pretax Income	189,264	233,578	147,843	92,311	77,072
Income Tax Expense	30,130	37,328	-3,491	-241.62	12,774
Earnings From Continuing Operations	159,134	196,250	151,333	92,553	64,298
Minority Interest in Earnings	-3,539	311.3	-5,649	-2,081	848.57
Net Income	155,596	196,562	145,684	90,472	65,146
Net Income to Common	155,596	196,562	145,684	90,472	65,146
Net Income Growth	-20.84%	34.92%	61.03%	38.88%	-19.73%
Basic Shares Outstanding	3,995	3,995	4,036	4,036	3,843
Diluted Shares Outstanding	3,995	3,995	4,036	4,036	3,843
Shares Change (YoY)	0.00%	-1.01%	-	5.02%	4.01%
EPS (Basic)	38.94	49.20	36.09	22.42	16.95
EPS (Diluted)	38.94	49.20	36.09	22.42	16.95
EPS Growth	-20.84%	36.30%	61.03%	32.23%	-22.82%
Dividend Per Share	-	24.050	17.000	11.500	6.000
Dividend Growth	-	41.47%	47.83%	91.67%	-37.82%
Effective Tax Rate	15.92%	15.98%	-	-	16.57%

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