Raiffeisen Bank JSC (UKR: BAVL)

Raiffeisen Bank JSC Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	20,056	19,787	14,863	9,729	9,306	9,867
Interest Income on Investments	884.43	690.03	391.01	287.06	228.14	157.28
Total Interest Income	20,940	20,477	15,254	10,016	9,534	10,024
Interest Paid on Deposits	4,151	3,860	2,433	1,784	2,233	2,737
Interest Paid on Borrowings	-	-	-	-	-	65.17
Total Interest Expense	4,151	3,860	2,433	1,784	2,233	2,802
Net Interest Income	16,789	16,617	12,820	8,232	7,301	7,222
Net Interest Income Growth (YoY)	0.77%	29.61%	55.73%	12.76%	1.10%	1.75%
Income From Trading Activities	-	-	-	-	-	100.45
Gain (Loss) on Sale of Assets	28.95	34.04	-7.2	25.13	47.41	11.7
Gain (Loss) on Sale of Investments	-	-	-	-	-	11.94
Other Non-Interest Income	4,036	4,781	5,670	3,511	3,104	3,087
Total Non-Interest Income	4,040	4,682	5,553	3,441	3,106	3,202
Non-Interest Income Growth (YoY)	-19.89%	-15.70%	61.41%	10.79%	-3.03%	9.94%
Revenues Before Loan Losses	20,829	21,299	18,374	11,673	10,406	10,424
Provision for Loan Losses	1,376	3,743	9,458	-90.24	416.76	-273.43
Revenue	19,453	17,556	8,915	11,763	9,990	10,697
Revenue Growth (YoY)	38.73%	96.91%	-24.21%	17.75%	-6.62%	0.36%
Salaries and Employee Benefits	3,669	3,194	3,054	2,524	2,605	2,435
Occupancy Expenses	1,495	1,318	890.05	913.02	798.47	693.09
Selling, General & Administrative	3,068	2,692	2,224	1,839	1,506	1,673
Other Non-Interest Expense	628.03	606.49	710.81	500.54	50.59	53.44
Total Non-Interest Expense	8,860	7,810	6,878	5,777	4,961	4,854
EBT Excluding Unusual Items	10,593	9,745	2,037	5,986	5,029	5,844
Asset Writedown	9.38	6.82	3.16	-34.28	4.29	40.89
Pretax Income	10,602	9,752	2,040	5,952	5,033	5,884
Income Tax Expense	5,785	4,954	441.48	1,075	920.21	1,050
Earnings From Continuing Operations	4,817	4,798	1,599	4,878	4,113	4,834
Minority Interest in Earnings	-1.77	-1.36	-0.47	-3.93	-4.13	-10.23
Net Income	4,815	4,796	1,598	4,874	4,109	4,824
Preferred Dividends & Other Adjustments	0.7	0.7	0.7	0.7	0.7	0.7
Net Income to Common	4,815	4,796	1,598	4,873	4,108	4,823
Net Income Growth	-9.80%	200.10%	-67.21%	18.62%	-14.83%	-7.52%
Basic Shares Outstanding	61,501	61,495	61,495	61,495	61,495	61,491
Diluted Shares Outstanding	61,501	61,495	61,495	61,495	61,495	61,491
Shares Change (YoY)	0.01%	-	-	-	0.01%	0.00%
EPS (Basic)	0.08	0.08	0.03	0.08	0.07	0.08
EPS (Diluted)	0.08	0.08	0.03	0.08	0.07	0.08
EPS Growth	-9.81%	200.18%	-67.22%	18.62%	-14.84%	-7.53%
Dividend Per Share	-	-	-	-	0.033	0.069
Dividend Growth	-	-	-	-	-52.17%	18.97%
Effective Tax Rate	54.56%	50.80%	21.64%	18.05%	18.28%	17.85%

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