Taipei Star Bank (TPEX: 5863)

Taipei Star Bank Income Statement

Financials in millions TWD. 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	1,982	1,878	1,570	1,352	1,447	1,496
Interest Paid on Deposits	1,086	1,005	588.16	358.15	499.47	664.61
Net Interest Income	896.01	873.86	981.93	994.32	947.4	831.71
Net Interest Income Growth (YoY)	-0.34%	-11.01%	-1.25%	4.95%	13.91%	13.55%
Gain (Loss) on Sale of Assets	21.34	-	-	41.55	25.48	84.74
Gain (Loss) on Sale of Investments	30.52	45.67	51.53	57.66	67.2	65.86
Other Non-Interest Income	175.38	127.8	168.86	111.01	112.26	109.09
Total Non-Interest Income	227.24	173.47	220.4	210.23	204.95	259.69
Non-Interest Income Growth (YoY)	8.54%	-21.29%	4.84%	2.58%	-21.08%	40.52%
Revenues Before Loan Losses	1,123	1,047	1,202	1,205	1,152	1,091
Provision for Loan Losses	-3.97	-36.31	37.28	17.91	-5.74	0.82
Revenue	1,127	1,084	1,165	1,187	1,158	1,091
Revenue Growth (YoY)	2.36%	-6.99%	-1.82%	2.47%	6.19%	15.08%
Salaries and Employee Benefits	416.84	413.27	418.48	429.83	413.51	422.66
Occupancy Expenses	81.32	83.5	83.15	81.11	80.11	79.1
Selling, General & Administrative	353.91	348.27	370.48	339.23	329.96	258.29
Other Non-Interest Expense	103.46	99.02	87.58	78.96	82.76	93.09
Total Non-Interest Expense	955.52	944.06	959.68	929.12	906.34	853.13
EBT Excluding Unusual Items	171.69	139.57	205.37	257.51	251.75	237.45
Asset Writedown	-	-	55.63	-	-	-
Pretax Income	171.69	139.57	261	257.51	251.75	237.45
Income Tax Expense	35.99	26.44	39.63	36.65	36.02	28
Net Income	135.71	113.13	221.37	220.86	215.72	209.45
Net Income to Common	135.71	113.13	221.37	220.86	215.72	209.45
Net Income Growth	-20.68%	-48.89%	0.23%	2.38%	3.00%	10.13%
Basic Shares Outstanding	314	314	314	314	314	314
Diluted Shares Outstanding	314	314	314	314	314	314
Shares Change (YoY)	0.00%	-0.06%	0.01%	-0.00%	0.02%	-0.00%
EPS (Basic)	0.43	0.36	0.71	0.70	0.69	0.67
EPS (Diluted)	0.43	0.36	0.70	0.70	0.69	0.67
EPS Growth	-20.38%	-48.57%	0%	1.87%	2.99%	10.13%
Dividend Per Share	0.252	0.252	0.490	0.490	0.480	0.500
Dividend Growth	-48.55%	-48.55%	0%	2.08%	-4.00%	143.07%
Effective Tax Rate	20.96%	18.94%	15.18%	14.23%	14.31%	11.79%

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