Bank of Baroda (Uganda) Limited (UGSE: BOBU)

Bank of Baroda (Uganda) Income Statement

Financials in millions UGX. 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	285,642	263,042	227,666	185,040	170,295	162,618
Interest Paid on Deposits	102,594	85,177	56,305	53,868	58,332	62,056
Interest Paid on Borrowings	403.35	403.35	442.02	-	-	-
Total Interest Expense	102,997	85,580	56,747	53,868	58,332	62,056
Net Interest Income	182,645	177,462	170,920	131,172	111,963	100,562
Net Interest Income Growth (YoY)	2.06%	3.83%	30.30%	17.16%	11.34%	-8.16%
Gain (Loss) on Sale of Assets	27.75	27.75	-28.08	1.2	0.6	5.84
Gain (Loss) on Sale of Investments	3,052	3,052	2,552	-9,558	1,978	1,913
Other Non-Interest Income	17,131	14,241	23,097	22,399	21,367	19,641
Total Non-Interest Income	20,211	17,321	25,621	12,842	23,345	21,559
Non-Interest Income Growth (YoY)	-26.77%	-32.39%	99.51%	-44.99%	8.28%	-0.66%
Revenues Before Loan Losses	202,856	194,783	196,540	144,014	135,308	122,121
Provision for Loan Losses	17,592	-5,114	2,622	-13,701	-3,276	23,319
Revenue	185,264	199,897	193,918	157,715	138,584	98,802
Revenue Growth (YoY)	-14.00%	3.08%	22.95%	13.80%	40.26%	-19.95%
Salaries and Employee Benefits	20,532	20,532	18,831	22,822	14,122	11,142
Occupancy Expenses	5,300	5,300	3,703	3,775	4,704	4,284
Selling, General & Administrative	10,171	10,171	8,323	6,900	5,770	5,163
Other Non-Interest Expense	8,501	10,487	6,098	6,439	6,412	7,959
Total Non-Interest Expense	44,595	46,581	37,002	39,986	31,042	28,549
EBT Excluding Unusual Items	140,669	153,316	156,917	117,729	107,542	70,254
Pretax Income	140,669	153,316	156,917	117,729	107,542	70,254
Income Tax Expense	33,156	37,382	34,732	27,498	24,224	24,892
Earnings From Continuing Operations	107,513	115,934	122,185	90,232	83,317	45,362
Earnings From Discontinued Operations	85.02	32.47	10.95	-182.93	-	-
Net Income	107,598	115,966	122,196	90,049	83,317	45,362
Net Income to Common	107,598	115,966	122,196	90,049	83,317	45,362
Net Income Growth	-17.87%	-5.10%	35.70%	8.08%	83.67%	-38.27%
Basic Shares Outstanding	15,000	15,000	15,000	15,000	14,305	13,440
Diluted Shares Outstanding	15,000	15,000	15,000	15,000	14,305	13,440
Shares Change (YoY)	-	-	-	4.86%	6.44%	-
EPS (Basic)	7.17	7.73	8.15	6.00	5.82	3.38
EPS (Diluted)	7.17	7.73	8.15	6.00	5.82	3.38
EPS Growth	-17.87%	-5.10%	35.70%	3.07%	72.57%	-38.27%
Dividend Per Share	-	2.000	2.000	1.667	1.667	1.667
Dividend Growth	-	0%	20.00%	0%	0%	0%
Effective Tax Rate	23.57%	24.38%	22.13%	23.36%	22.53%	35.43%

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