Joint Stock Bank Ukrgasbank (UKR: UGZB)

UKR: UGZB 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	18,482	17,300	11,317	4,816	4,798	5,800
Interest Income on Investments	1,479	69.39	249.25	3,886	4,778	3,864
Total Interest Income	19,961	17,370	11,566	8,702	9,576	9,664
Interest Paid on Deposits	11,144	10,690	6,572	3,347	6,343	6,856
Interest Paid on Borrowings	65.71	-	-	95.05	23.54	67.65
Total Interest Expense	11,209	10,690	6,572	3,443	6,367	6,924
Net Interest Income	8,751	6,680	4,994	5,260	3,210	2,740
Net Interest Income Growth (YoY)	82.05%	33.75%	-5.04%	63.87%	17.14%	-7.43%
Income From Trading Activities	-	-	-	-	-	0.01
Gain (Loss) on Sale of Assets	0.04	0.19	0.76	0.26	39.4	432.25
Gain (Loss) on Sale of Investments	325.42	332.48	2.05	303.61	156.06	64.39
Other Non-Interest Income	2,098	2,240	2,354	2,348	1,911	1,602
Total Non-Interest Income	2,423	2,573	2,357	2,652	2,106	2,099
Non-Interest Income Growth (YoY)	-7.51%	9.14%	-11.11%	25.89%	0.37%	68.37%
Revenues Before Loan Losses	11,175	9,252	7,351	7,911	5,316	4,839
Provision for Loan Losses	880.45	167.52	7,071	-607.83	1,518	617.38
Revenue	10,294	9,085	280.18	8,519	3,798	4,221
Revenue Growth (YoY)	68.55%	3142.44%	-96.71%	124.32%	-10.03%	15.70%
Salaries and Employee Benefits	2,700	2,507	2,156	2,103	1,946	1,489
Occupancy Expenses	481.06	427.4	365.78	316.17	382.3	330.61
Selling, General & Administrative	880.21	978.29	1,290	63.78	60.36	87.72
Other Non-Interest Expense	697.76	548.97	485.23	1,339	891.41	753.46
Total Non-Interest Expense	4,759	4,462	4,297	3,822	3,280	2,660
EBT Excluding Unusual Items	5,536	4,623	-4,017	4,697	517.42	1,561
Asset Writedown	104.21	31.75	14.58	-16.01	-10.07	-75.72
Legal Settlements	3.94	6.17	3.14	4.34	4.15	-140.2
Pretax Income	5,644	4,661	-3,999	4,685	511.5	1,345
Income Tax Expense	3,003	2,724	-137.63	914.36	100.47	55.98
Net Income	2,641	1,936	-3,862	3,771	411.04	1,289
Net Income to Common	2,641	1,936	-3,862	3,771	411.04	1,289
Net Income Growth	36.58%	-	-	817.43%	-68.11%	67.69%
Basic Shares Outstanding	13,837	13,318	13,318	13,318	13,701	13,837
Diluted Shares Outstanding	13,837	13,318	13,318	13,318	13,701	13,837
Shares Change (YoY)	3.90%	-	-	-2.80%	-0.98%	-
EPS (Basic)	0.19	0.15	-0.29	0.28	0.03	0.09
EPS (Diluted)	0.19	0.15	-0.29	0.28	0.03	0.09
EPS Growth	31.46%	-	-	843.83%	-67.80%	67.69%
Effective Tax Rate	53.21%	58.45%	-	19.52%	19.64%	4.16%

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