AB Siauliu Bankas (VSE:SAB1L)

AB Siauliu Bankas Income Statement

Financials in millions EUR. 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	243.48	195.73	107.65	83.04	78.5
Interest Income on Investments	26.74	21.24	12.04	8.86	7.53
Total Interest Income	270.21	216.97	119.69	91.9	86.03
Interest Paid on Deposits	110	60.12	12.91	10.98	10.32
Net Interest Income	160.21	156.85	106.78	80.92	75.71
Net Interest Income Growth (YoY)	2.14%	46.89%	31.96%	6.88%	4.55%
Income From Trading Activities	19.42	11.95	10.83	11.94	11.59
Gain (Loss) on Sale of Assets	0.59	0.86	0.81	3.74	0.38
Gain (Loss) on Sale of Investments	0.54	0.81	1.03	4.36	1.56
Other Non-Interest Income	42.95	25.98	26.83	26.61	24.04
Total Non-Interest Income	63.5	39.6	39.5	46.64	37.57
Non-Interest Income Growth (YoY)	60.37%	0.25%	-15.31%	24.15%	-18.36%
Revenues Before Loan Losses	223.71	196.45	146.28	127.56	113.28
Provision for Loan Losses	10.9	15.52	5.41	4.35	10.48
Revenue	212.82	180.93	140.87	123.21	102.8
Revenue Growth (YoY)	17.62%	28.44%	14.34%	19.85%	-7.61%
Salaries and Employee Benefits	49.51	36.23	30.73	27.11	23.47
Occupancy Expenses	8.01	5.49	4.64	4.44	4.11
Selling, General & Administrative	-	0.3	0.27	0.26	0.3
Other Non-Interest Expense	58.86	43.46	25.32	24.14	20.15
Total Non-Interest Expense	116.37	85.48	60.96	55.94	48.02
EBT Excluding Unusual Items	96.45	95.46	79.91	67.26	54.78
Asset Writedown	-	0.29	0.45	-	-1.97
Pretax Income	96.45	95.74	80.37	67.26	52.81
Income Tax Expense	17.66	20.37	12.92	12.04	9.89
Earnings From Continuing Operations	78.79	75.38	67.45	55.22	42.92
Earnings From Discontinued Operations	-	-	-	-	0.12
Net Income	78.79	75.38	67.45	55.22	43.04
Net Income to Common	78.79	75.38	67.45	55.22	43.04
Net Income Growth	4.53%	11.75%	22.14%	28.30%	-16.46%
Basic Shares Outstanding	657	603	600	600	601
Diluted Shares Outstanding	657	603	600	600	601
Shares Change (YoY)	8.94%	0.48%	-0.10%	-0.04%	0.00%
EPS (Basic)	0.12	0.13	0.11	0.09	0.07
EPS (Diluted)	0.12	0.13	0.11	0.09	0.07
EPS Growth	-4.05%	13.69%	22.22%	28.20%	-18.15%
Dividend Per Share	-	0.049	0.026	0.034	0.005
Dividend Growth	-	83.02%	-22.06%	518.18%	-
Effective Tax Rate	18.31%	21.27%	16.07%	17.90%	18.72%

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