Kyushu Financial Group, Inc. (TYO: 7180)

Kyushu Financial Group Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	83,825	79,062	74,539	70,782	70,982	71,272
Interest Income on Investments	43,164	40,921	36,969	27,491	25,850	27,382
Total Interest Income	126,989	119,983	111,508	98,273	96,832	98,654
Interest Paid on Deposits	2,477	288	881	382	610	792
Interest Paid on Borrowings	25,749	25,749	13,734	8,198	8,537	11,042
Total Interest Expense	28,226	26,037	14,615	8,580	9,147	11,834
Net Interest Income	98,763	93,946	96,893	89,693	87,685	86,820
Net Interest Income Growth (YoY)	7.62%	-3.04%	8.03%	2.29%	1.00%	-3.92%
Trust Income	172	153	151	111	52	41
Income From Trading Activities	172	197	742	330	440	474
Gain (Loss) on Sale of Assets	-164	-16	-165	96	-41	-103
Gain (Loss) on Sale of Investments	10,352	15,502	7,202	4,557	3,954	4,116
Other Non-Interest Income	80,058	85,740	92,689	81,252	75,110	68,855
Total Non-Interest Income	90,590	101,576	100,619	86,346	79,515	73,383
Non-Interest Income Growth (YoY)	-11.29%	0.95%	16.53%	8.59%	8.36%	2.00%
Revenues Before Loan Losses	189,353	195,522	197,512	176,039	167,200	160,203
Provision for Loan Losses	4,790	4,790	841	8,472	14,299	1,208
Revenue	184,563	190,732	196,671	167,567	152,901	158,995
Revenue Growth (YoY)	-4.40%	-3.02%	17.37%	9.59%	-3.83%	0.32%
Selling, General & Administrative	79,127	77,948	72,084	77,524	79,123	76,686
Other Non-Interest Expense	68,676	74,364	89,157	65,293	52,139	55,381
Total Non-Interest Expense	147,803	152,312	161,241	142,817	131,262	132,067
EBT Excluding Unusual Items	36,760	38,420	35,430	24,750	21,639	26,928
Asset Writedown	-434	-434	-31	-1,109	-242	-118
Other Unusual Items	-32	-33	-	-	-	-1
Pretax Income	36,294	37,953	35,399	23,641	21,397	26,809
Income Tax Expense	10,999	11,491	10,658	6,875	6,256	8,421
Earnings From Continuing Operations	25,295	26,462	24,741	16,766	15,141	18,388
Minority Interest in Earnings	-14	-68	-73	-111	-129	-127
Net Income	25,281	26,394	24,668	16,655	15,012	18,261
Net Income to Common	25,281	26,394	24,668	16,655	15,012	18,261
Net Income Growth	8.96%	7.00%	48.11%	10.94%	-17.79%	-17.75%
Basic Shares Outstanding	433	433	433	438	440	449
Diluted Shares Outstanding	433	433	433	438	440	449
Shares Change (YoY)	0.00%	-0.00%	-1.12%	-0.54%	-1.94%	-0.73%
EPS (Basic)	58.44	61.01	57.02	38.07	34.13	40.70
EPS (Diluted)	58.44	61.01	57.02	38.07	34.13	40.70
EPS Growth	8.96%	7.00%	49.79%	11.55%	-16.16%	-17.15%
Dividend Per Share	18.000	18.000	12.000	12.000	12.000	12.000
Dividend Growth	20.00%	50.00%	0%	0%	0%	0%
Effective Tax Rate	30.31%	30.28%	30.11%	29.08%	29.24%	31.41%

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