Alinma Bank (TADAWUL:1150)

Alinma Bank Income Statement

Financials in millions SAR. 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	16,155	13,228	7,613	5,678	5,470
Interest Income on Investments	33	30.8	30.55	8.82	15.85
Total Interest Income	16,188	13,258	7,644	5,687	5,486
Interest Paid on Deposits	7,506	5,573	1,546	537.39	822.18
Net Interest Income	8,682	7,685	6,097	5,149	4,664
Net Interest Income Growth (YoY)	12.96%	26.05%	18.41%	10.41%	7.65%
Gain (Loss) on Sale of Assets	1.7	7.88	4.37	1.57	2.63
Gain (Loss) on Sale of Investments	250.96	190.34	341.48	138.48	-148.36
Other Non-Interest Income	2,006	1,816	1,529	1,356	1,164
Total Non-Interest Income	2,259	2,014	1,875	1,496	1,019
Non-Interest Income Growth (YoY)	12.17%	7.40%	25.36%	46.83%	-19.92%
Revenues Before Loan Losses	10,941	9,699	7,972	6,645	5,682
Provision for Loan Losses	1,050	1,272	1,198	1,252	1,419
Revenue	9,891	8,427	6,774	5,393	4,263
Revenue Growth (YoY)	17.37%	24.40%	25.61%	26.51%	-13.07%
Salaries and Employee Benefits	1,602	1,409	1,298	1,092	1,020
Occupancy Expenses	353.84	325.31	279.12	251.16	251.32
Selling, General & Administrative	1,428	1,309	1,188	1,015	794.53
Total Non-Interest Expense	3,389	3,032	2,761	2,372	2,061
EBT Excluding Unusual Items	6,502	5,396	4,013	3,022	2,202
Pretax Income	6,502	5,396	4,013	3,022	2,202
Income Tax Expense	670.41	556.32	413.76	312.17	235.77
Net Income	5,832	4,839	3,599	2,709	1,966
Preferred Dividends & Other Adjustments	321.92	200	150	106.72	-
Net Income to Common	5,510	4,639	3,449	2,603	1,966
Net Income Growth	20.51%	34.45%	32.84%	37.81%	-22.44%
Basic Shares Outstanding	2,485	2,487	2,488	2,485	2,484
Diluted Shares Outstanding	2,485	2,487	2,488	2,485	2,484
Shares Change (YoY)	-0.08%	-0.02%	0.13%	0.03%	0.01%
EPS (Basic)	2.22	1.87	1.39	1.05	0.79
EPS (Diluted)	2.22	1.87	1.39	1.05	0.79
EPS Growth	18.86%	34.53%	32.35%	32.34%	-22.44%
Dividend Per Share	0.800	0.850	0.760	0.600	0.240
Dividend Growth	-5.88%	11.84%	26.67%	150.00%	-
Effective Tax Rate	10.31%	10.31%	10.31%	10.33%	10.71%

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