The Bank of Nagoya, Ltd. (TYO:8522)

The Bank of Nagoya 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	31,485	28,777	27,121	26,033	24,803	22,496
Interest Income on Investments	15,229	12,357	9,353	7,078	5,864	7,122
Total Interest Income	46,714	41,134	36,474	33,111	30,667	29,618
Interest Paid on Deposits	2,822	1,535	956	426	500	906
Interest Paid on Borrowings	5,537	6,983	5,037	594	697	1,700
Total Interest Expense	8,359	8,518	5,993	1,020	1,197	2,606
Net Interest Income	38,355	32,616	30,481	32,091	29,470	27,012
Net Interest Income Growth (YoY)	23.89%	7.00%	-5.02%	8.89%	9.10%	-0.81%
Trust Income	41	48	58	51	-	-
Gain (Loss) on Sale of Assets	-124	1	-13	-38	6,278	-52
Gain (Loss) on Sale of Investments	19,452	19,452	5,634	6,804	3,536	235
Other Non-Interest Income	31,313	40,478	37,400	37,610	34,586	34,458
Total Non-Interest Income	50,682	59,979	43,079	44,427	44,400	34,641
Non-Interest Income Growth (YoY)	-14.47%	39.23%	-3.03%	0.06%	28.17%	-2.19%
Revenues Before Loan Losses	89,037	92,595	73,560	76,518	73,870	61,653
Provision for Loan Losses	3,477	3,477	1,397	2,265	1,397	1,169
Revenue	85,560	89,118	72,163	74,253	72,473	60,484
Revenue Growth (YoY)	-1.55%	23.50%	-2.81%	2.46%	19.82%	-2.94%
Selling, General & Administrative	30,799	31,030	30,918	32,235	32,851	31,188
Other Non-Interest Expense	34,674	43,575	29,764	26,337	23,468	23,047
Total Non-Interest Expense	65,473	74,605	60,682	58,572	56,319	54,235
EBT Excluding Unusual Items	20,087	14,513	11,481	15,681	16,154	6,249
Asset Writedown	-49	-	-	-	-618	-71
Other Unusual Items	-	-	-	377	-	-1
Pretax Income	20,038	14,513	11,481	16,058	15,536	6,177
Income Tax Expense	5,735	4,477	3,104	4,381	4,766	1,510
Earnings From Continuing Operations	14,303	10,036	8,377	11,677	10,770	4,667
Minority Interest in Earnings	-	-	-	-34	-44	-42
Net Income	14,303	10,036	8,377	11,643	10,726	4,625
Net Income to Common	14,303	10,036	8,377	11,643	10,726	4,625
Net Income Growth	57.33%	19.80%	-28.05%	8.55%	131.91%	-25.06%
Basic Shares Outstanding	16	17	17	18	18	19
Diluted Shares Outstanding	16	17	17	18	18	19
Shares Change (YoY)	-3.79%	-2.49%	-3.64%	-0.97%	-3.36%	-12.70%
EPS (Basic)	866.85	594.13	483.94	649.25	592.24	246.67
EPS (Diluted)	866.85	594.13	483.60	647.61	590.83	246.22
EPS Growth	62.47%	22.86%	-25.33%	9.61%	139.96%	-18.52%
Dividend Per Share	210.000	180.000	120.000	120.000	70.000	70.000
Dividend Growth	50.00%	50.00%	0%	71.43%	0%	0%
Effective Tax Rate	-	30.85%	27.04%	27.28%	30.68%	24.45%

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