Bank al Etihad (ASE:ETHD)

Bank al Etihad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	508.79	490.94	430.39	315.77	261.4	253.5
Interest Income on Investments	0.88	0.73	1.16	0.69	0.47	0.62
Total Interest Income	509.68	491.67	431.55	316.46	261.87	254.12
Interest Paid on Deposits	259.36	254.02	217.49	135.12	104.2	102.66
Net Interest Income	250.31	237.64	214.06	181.34	157.67	151.45
Net Interest Income Growth (YoY)	13.13%	11.02%	18.04%	15.01%	4.11%	10.17%
Gain (Loss) on Sale of Assets	2.33	2.33	-0.03	-0.12	-0.02	-0.2
Gain (Loss) on Sale of Investments	2.42	2.65	1.91	-1.53	2.9	2.44
Other Non-Interest Income	70.07	60.25	47.53	47.21	35	30.62
Total Non-Interest Income	74.82	65.22	49.41	45.56	37.88	32.86
Non-Interest Income Growth (YoY)	30.78%	32.02%	8.44%	20.28%	15.27%	-4.17%
Revenues Before Loan Losses	325.14	302.87	263.47	226.9	195.55	184.31
Provision for Loan Losses	77.95	68.65	41.92	34.24	28.89	40.18
Revenue	247.19	234.22	221.55	192.66	166.66	144.14
Revenue Growth (YoY)	10.97%	5.72%	14.99%	15.60%	15.62%	-6.68%
Salaries and Employee Benefits	64.51	61.2	57.22	52.54	48.75	44.16
Occupancy Expenses	21.22	19.99	19.64	19.75	18.41	18.01
Selling, General & Administrative	15.36	15.32	14.17	11.64	4.94	5.07
Other Non-Interest Expense	57.63	52.78	40.71	36.12	27.55	29.96
Total Non-Interest Expense	157.07	148.44	131.15	120.93	101.33	97.17
EBT Excluding Unusual Items	90.11	85.77	90.4	71.73	65.33	46.97
Legal Settlements	-	-	-	-	-0.15	-0.06
Pretax Income	90.11	85.77	90.4	71.73	65.18	46.91
Income Tax Expense	31.33	31.3	32.66	27.93	23.76	16.86
Earnings From Continuing Operations	58.78	54.47	57.74	43.8	41.43	30.04
Minority Interest in Earnings	-13.81	-12.16	-10.6	-9.47	-8.93	-6.48
Net Income	44.97	42.31	47.14	34.33	32.5	23.57
Net Income to Common	44.97	42.31	47.14	34.33	32.5	23.57
Net Income Growth	6.51%	-10.24%	37.32%	5.62%	37.90%	-25.45%
Basic Shares Outstanding	289	200	200	200	200	200
Diluted Shares Outstanding	289	200	200	200	200	200
Shares Change (YoY)	44.66%	-	-	-	-	-
EPS (Basic)	0.16	0.21	0.24	0.17	0.16	0.12
EPS (Diluted)	0.16	0.21	0.24	0.17	0.16	0.12
EPS Growth	-26.37%	-10.24%	37.32%	5.62%	37.90%	-25.45%
Dividend Per Share	0.100	0.100	0.100	0.080	0.080	0.080
Dividend Growth	-	-	25.00%	-	-	-
Effective Tax Rate	34.77%	36.49%	36.13%	38.94%	36.45%	35.95%

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