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

Bank of Baroda (Uganda) Income Statement

Financials in millions UGX. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	312,745	263,042	227,666	185,040	170,295
Interest Paid on Deposits	115,978	85,177	56,305	53,868	58,332
Interest Paid on Borrowings	379.5	403.35	442.02	-	-
Total Interest Expense	116,358	85,580	56,747	53,868	58,332
Net Interest Income	196,387	177,462	170,920	131,172	111,963
Net Interest Income Growth (YoY)	10.66%	3.83%	30.30%	17.16%	11.34%
Gain (Loss) on Sale of Assets	-102.94	27.75	-28.08	1.2	0.6
Gain (Loss) on Sale of Investments	448.31	3,052	2,552	-9,558	1,978
Other Non-Interest Income	17,720	15,585	23,097	22,399	21,367
Total Non-Interest Income	18,065	18,665	25,621	12,842	23,345
Non-Interest Income Growth (YoY)	-3.21%	-27.15%	99.51%	-44.99%	8.28%
Revenues Before Loan Losses	214,453	196,127	196,540	144,014	135,308
Provision for Loan Losses	-7,209	-5,114	2,622	-13,701	-3,276
Revenue	221,662	201,241	193,918	157,715	138,584
Revenue Growth (YoY)	10.15%	3.78%	22.96%	13.80%	40.26%
Salaries and Employee Benefits	24,766	20,532	18,831	22,822	14,122
Occupancy Expenses	6,138	5,300	3,703	3,775	4,704
Selling, General & Administrative	9,292	10,171	8,323	6,900	5,770
Other Non-Interest Expense	8,721	11,399	6,098	6,439	6,412
Total Non-Interest Expense	49,018	47,492	37,002	39,986	31,042
EBT Excluding Unusual Items	172,644	153,748	156,917	117,729	107,542
Pretax Income	172,644	153,748	156,917	117,729	107,542
Income Tax Expense	38,691	37,382	34,732	27,498	24,224
Earnings From Continuing Operations	133,953	116,366	122,185	90,232	83,317
Earnings From Discontinued Operations	-	-	10.95	-182.93	-
Net Income	133,953	116,366	122,196	90,049	83,317
Net Income to Common	133,953	116,366	122,196	90,049	83,317
Net Income Growth	15.11%	-4.77%	35.70%	8.08%	83.67%
Basic Shares Outstanding	15,000	15,000	15,000	15,000	14,305
Diluted Shares Outstanding	15,000	15,000	15,000	15,000	14,305
Shares Change (YoY)	-	-	-	4.86%	6.44%
EPS (Basic)	8.93	7.76	8.15	6.00	5.82
EPS (Diluted)	8.93	7.76	8.15	6.00	5.82
EPS Growth	15.11%	-4.77%	35.70%	3.07%	72.56%
Dividend Per Share	4.000	2.000	2.000	1.667	1.667
Dividend Growth	100.00%	-	20.00%	-	-
Effective Tax Rate	22.41%	24.31%	22.13%	23.36%	22.53%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.