Walliser Kantonalbank (SWX: WKBN)

Walliser Kantonalbank Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	335.05	312.01	195.26	179.4	182.89	183.52
Interest Income on Investments	16.87	10.26	2.74	1.49	1.12	1.12
Total Interest Income	351.92	322.27	198.01	180.89	184.01	184.64
Interest Paid on Deposits	111.35	80.59	15.29	12.73	19.12	21.93
Net Interest Income	240.56	241.68	182.72	168.15	164.9	162.72
Net Interest Income Growth (YoY)	12.41%	32.27%	8.66%	1.98%	1.34%	1.18%
Income From Trading Activities	8.66	9.89	24.87	24.57	24.78	27.37
Gain (Loss) on Sale of Investments	0.45	1.28	1.03	2.45	2.98	-7.68
Other Non-Interest Income	51.4	50.07	47.11	47.38	44.4	45
Total Non-Interest Income	60.5	61.24	73.01	74.39	72.16	64.69
Non-Interest Income Growth (YoY)	-5.86%	-16.12%	-1.86%	3.08%	11.54%	-15.38%
Revenues Before Loan Losses	301.07	302.92	255.73	242.54	237.06	227.41
Provision for Loan Losses	0.71	6.17	-0.82	-4.59	-4.11	-0.99
Revenue	300.36	296.75	256.54	247.13	241.16	228.4
Revenue Growth (YoY)	10.28%	15.67%	3.81%	2.47%	5.59%	-5.71%
Salaries and Employee Benefits	83.66	82.91	79.86	76.58	76.17	76.23
Occupancy Expenses	11.71	11.71	10.75	12	11.31	-
Selling, General & Administrative	5.37	5.37	5.14	5.74	5.87	4.01
Other Non-Interest Expense	89.94	88.13	72.91	69.09	47.37	64.75
Total Non-Interest Expense	190.68	188.12	168.66	163.4	140.73	145
EBT Excluding Unusual Items	109.67	108.63	87.88	83.73	100.44	83.41
Other Unusual Items	0.09	0.63	0.25	-0.07	-28.41	-0.05
Pretax Income	109.77	109.26	88.13	83.65	72.02	83.36
Income Tax Expense	19.06	18.89	15.24	15.16	4.67	16.07
Net Income	90.7	90.36	72.89	68.5	67.35	67.29
Preferred Dividends & Other Adjustments	-48	-48	-36.5	-33.5	-15.7	-35
Net Income to Common	138.7	138.36	109.39	102	83.05	102.29
Net Income Growth	6.93%	23.98%	6.41%	1.70%	0.09%	0.32%
Basic Shares Outstanding	-	16	16	16	16	16
Diluted Shares Outstanding	-	16	16	16	16	16
Shares Change (YoY)	-	-0.16%	-0.02%	-0.08%	-0.03%	-0.04%
EPS (Basic)	-	8.82	6.96	6.49	5.28	6.50
EPS (Diluted)	-	8.82	6.96	6.49	5.28	6.50
EPS Growth	-	26.69%	7.26%	22.91%	-18.78%	0.25%
Dividend Per Share	-	3.850	3.550	3.450	3.350	3.350
Dividend Growth	-	8.45%	2.90%	2.99%	0%	0%
Effective Tax Rate	17.37%	17.29%	17.30%	18.12%	6.49%	19.27%

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