The Musashino Bank, Ltd. (TYO:8336)

The Musashino Bank 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	38,553	36,826	34,827	33,234	32,472	32,535
Interest Income on Investments	12,030	10,106	7,742	6,480	6,908	6,337
Total Interest Income	50,583	46,932	42,569	39,714	39,380	38,872
Interest Paid on Deposits	2,112	616	424	441	552	876
Interest Paid on Borrowings	4,005	4,005	2,689	612	722	1,603
Total Interest Expense	6,117	4,621	3,113	1,053	1,274	2,479
Net Interest Income	44,466	42,311	39,456	38,661	38,106	36,393
Net Interest Income Growth (YoY)	6.88%	7.24%	2.06%	1.46%	4.71%	-5.65%
Trust Income	18	25	63	68	55	15
Gain (Loss) on Sale of Assets	-14	-29	-52	-25	-11	-14
Gain (Loss) on Sale of Investments	620	1,091	592	416	2,153	-17
Other Non-Interest Income	30,693	32,522	38,237	30,384	28,884	27,374
Total Non-Interest Income	31,317	33,609	38,840	30,843	31,081	27,358
Non-Interest Income Growth (YoY)	-12.98%	-13.47%	25.93%	-0.77%	13.61%	-23.67%
Revenues Before Loan Losses	75,783	75,920	78,296	69,504	69,187	63,751
Provision for Loan Losses	-149	671	1,152	2,564	4,284	4,167
Revenue	75,932	75,249	77,144	66,940	64,903	59,584
Revenue Growth (YoY)	-0.96%	-2.46%	15.24%	3.14%	8.93%	-4.79%
Selling, General & Administrative	35,661	36,278	35,886	34,845	35,473	35,400
Other Non-Interest Expense	21,432	22,740	25,677	18,630	16,634	15,453
Total Non-Interest Expense	57,093	59,018	61,563	53,475	52,107	50,853
EBT Excluding Unusual Items	18,839	16,231	15,581	13,465	12,796	8,731
Asset Writedown	-11	-	-34	-45	-	-
Other Unusual Items	-1	-	-	-	-	-
Pretax Income	18,827	16,231	15,547	13,420	12,796	8,731
Income Tax Expense	5,792	4,962	4,679	4,417	4,771	638
Earnings From Continuing Operations	13,035	11,269	10,868	9,003	8,025	8,093
Minority Interest in Earnings	-7	-5	-3	-2	-3	-27
Net Income	13,028	11,264	10,865	9,001	8,022	8,066
Net Income to Common	13,028	11,264	10,865	9,001	8,022	8,066
Net Income Growth	19.92%	3.67%	20.71%	12.20%	-0.55%	50.91%
Basic Shares Outstanding	33	33	33	33	33	33
Diluted Shares Outstanding	33	33	33	34	34	34
Shares Change (YoY)	-0.53%	-0.95%	-0.06%	0.01%	-0.01%	-0.03%
EPS (Basic)	393.83	339.68	324.62	268.76	239.56	240.84
EPS (Diluted)	393.78	339.65	324.49	268.67	239.46	240.75
EPS Growth	20.56%	4.67%	20.78%	12.20%	-0.54%	50.96%
Dividend Per Share	115.000	105.000	95.000	80.000	80.000	80.000
Dividend Growth	15.00%	10.53%	18.75%	-	-	-
Effective Tax Rate	30.76%	30.57%	30.10%	32.91%	37.29%	7.31%

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.