Concordia Financial Group, Ltd. (TYO:7186)

Concordia 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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	199,301	186,972	157,647	141,504	139,737	144,977
Interest Income on Investments	60,626	53,868	39,414	30,619	24,974	27,771
Total Interest Income	259,927	240,840	197,061	172,123	164,711	172,748
Interest Paid on Deposits	26,609	19,699	10,831	2,161	2,495	7,976
Interest Paid on Borrowings	36,329	34,430	18,416	3,248	3,659	9,040
Total Interest Expense	62,938	54,129	29,247	5,409	6,154	17,016
Net Interest Income	196,989	186,711	167,814	166,714	158,557	155,732
Net Interest Income Growth (YoY)	9.46%	11.26%	0.66%	5.14%	1.81%	-6.55%
Trust Income	251	278	266	252	245	99
Income From Trading Activities	711	678	1,302	3,214	2,782	2,156
Gain (Loss) on Sale of Assets	-1,169	-845	-1,299	-3,417	-3,211	-2,211
Gain (Loss) on Sale of Investments	-	2,149	3,759	5,022	8,824	18,393
Other Non-Interest Income	124,603	114,339	110,580	106,364	115,167	112,840
Total Non-Interest Income	124,396	116,599	114,608	111,435	123,807	131,277
Non-Interest Income Growth (YoY)	8.60%	1.74%	2.85%	-9.99%	-5.69%	18.05%
Revenues Before Loan Losses	321,385	303,310	282,422	278,149	282,364	287,009
Provision for Loan Losses	7,565	11,830	15,436	9,779	31,599	26,833
Revenue	313,820	291,480	266,986	268,370	250,765	260,176
Revenue Growth (YoY)	12.30%	9.17%	-0.52%	7.02%	-3.62%	-4.61%
Selling, General & Administrative	132,922	133,552	125,540	131,131	136,888	134,818
Other Non-Interest Expense	67,542	81,771	62,877	58,400	75,684	56,215
Total Non-Interest Expense	200,464	215,323	188,417	189,531	212,572	191,033
EBT Excluding Unusual Items	113,356	76,157	78,569	78,839	38,193	69,143
Asset Writedown	-2,144	-188	-193	-255	-1,872	-501
Other Unusual Items	-585	15,421	2,155	-1	-7	-1
Pretax Income	110,627	91,390	80,531	78,583	36,314	68,641
Income Tax Expense	34,550	24,208	24,327	24,238	10,303	21,834
Earnings From Continuing Operations	76,077	67,182	56,204	54,345	26,011	46,807
Minority Interest in Earnings	-306	-251	-45	-464	-685	-271
Net Income	75,771	66,931	56,159	53,881	25,326	46,536
Net Income to Common	75,771	66,931	56,159	53,881	25,326	46,536
Net Income Growth	17.85%	19.18%	4.23%	112.75%	-45.58%	-14.27%
Basic Shares Outstanding	1,161	1,171	1,185	1,206	1,206	1,213
Diluted Shares Outstanding	1,162	1,171	1,185	1,206	1,207	1,213
Shares Change (YoY)	-1.14%	-1.19%	-1.75%	-0.04%	-0.51%	-2.94%
EPS (Basic)	65.24	57.16	47.40	44.68	20.99	38.38
EPS (Diluted)	65.23	57.16	47.39	44.67	20.99	38.37
EPS Growth	19.22%	20.62%	6.09%	112.82%	-45.30%	-11.67%
Dividend Per Share	25.000	23.000	19.000	18.000	16.000	16.000
Dividend Growth	21.95%	21.05%	5.56%	12.50%	0%	0%
Effective Tax Rate	31.23%	26.49%	30.21%	30.84%	28.37%	31.81%

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