AB Siauliu Bankas (VSE: SAB1L)

AB Siauliu Bankas Income Statement

Financials in millions EUR. 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	240.63	195.73	107.65	83.04	78.5	73.4
Interest Income on Investments	25.93	21.24	12.04	8.86	7.53	7.22
Total Interest Income	266.56	216.97	119.69	91.9	86.03	80.62
Interest Paid on Deposits	104.74	60.12	12.91	10.98	10.32	8.21
Net Interest Income	161.82	156.85	106.78	80.92	75.71	72.41
Net Interest Income Growth (YoY)	9.52%	46.89%	31.96%	6.88%	4.55%	15.26%
Income From Trading Activities	18.83	11.95	10.83	11.94	11.59	15.01
Gain (Loss) on Sale of Assets	0.07	0.86	0.81	3.74	0.38	3.46
Gain (Loss) on Sale of Investments	-0.06	0.81	1.03	4.36	1.56	2.37
Other Non-Interest Income	38.51	25.98	26.83	26.61	24.04	25.17
Total Non-Interest Income	57.35	39.6	39.5	46.64	37.57	46.02
Non-Interest Income Growth (YoY)	30.84%	0.25%	-15.31%	24.15%	-18.36%	39.97%
Revenues Before Loan Losses	219.17	196.45	146.28	127.56	113.28	118.43
Provision for Loan Losses	13.97	15.52	5.41	4.35	10.48	7.16
Revenue	205.21	180.93	140.87	123.21	102.8	111.27
Revenue Growth (YoY)	13.91%	28.44%	14.34%	19.85%	-7.61%	19.96%
Salaries and Employee Benefits	46.11	36.23	30.73	27.11	23.47	22.84
Occupancy Expenses	7.33	5.49	4.64	4.44	4.11	3.6
Selling, General & Administrative	0.39	0.3	0.27	0.26	0.3	0.19
Other Non-Interest Expense	62.07	43.46	25.32	24.14	20.15	24.18
Total Non-Interest Expense	115.9	85.48	60.96	55.94	48.02	50.81
EBT Excluding Unusual Items	89.31	95.46	79.91	67.26	54.78	60.47
Asset Writedown	0.29	0.29	0.45	-	-1.97	-0.72
Pretax Income	89.59	95.74	80.37	67.26	52.81	59.75
Income Tax Expense	16.25	20.37	12.92	12.04	9.89	8.23
Earnings From Continuing Operations	73.34	75.38	67.45	55.22	42.92	51.52
Earnings From Discontinued Operations	-	-	-	-	0.12	-
Net Income	73.34	75.38	67.45	55.22	43.04	51.52
Net Income to Common	73.34	75.38	67.45	55.22	43.04	51.52
Net Income Growth	-11.87%	11.75%	22.14%	28.30%	-16.46%	-2.12%
Basic Shares Outstanding	648	603	600	600	601	601
Diluted Shares Outstanding	648	603	600	600	601	601
Shares Change (YoY)	8.04%	0.48%	-0.10%	-0.04%	0.00%	9.94%
EPS (Basic)	0.11	0.13	0.11	0.09	0.07	0.09
EPS (Diluted)	0.11	0.13	0.11	0.09	0.07	0.09
EPS Growth	-18.42%	13.69%	22.22%	28.20%	-18.15%	-10.97%
Dividend Per Share	0.049	0.049	0.026	0.034	0.005	-
Dividend Growth	83.02%	83.02%	-22.06%	518.18%	-	-
Effective Tax Rate	18.14%	21.27%	16.07%	17.90%	18.72%	13.77%

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