Jordan Islamic Bank (ASE:JOIB)

Jordan Islamic Bank 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	190.28	183.41	161.04	151.97	148.36	141.41
Total Interest Income	190.28	183.41	161.04	151.97	148.36	141.41
Interest Paid on Deposits	132.18	128.3	109.01	82.12	64.47	56.28
Net Interest Income	58.09	55.11	52.03	69.85	83.89	85.13
Net Interest Income Growth (YoY)	13.48%	5.92%	-25.51%	-16.73%	-1.46%	-5.37%
Gain (Loss) on Sale of Assets	1.3	1.18	1.07	1.05	2.12	1.75
Gain (Loss) on Sale of Investments	24.71	23.69	21.16	13.58	11.09	10.49
Other Non-Interest Income	112.96	110.25	103.27	95.48	85.31	76.67
Total Non-Interest Income	141.17	137.09	130.6	114.51	102.38	89.91
Non-Interest Income Growth (YoY)	6.98%	4.97%	14.05%	11.85%	13.86%	6.02%
Revenues Before Loan Losses	199.26	192.2	182.63	184.36	186.26	175.04
Provision for Loan Losses	3.04	0.04	-0.5	0.93	7.15	8.06
Revenue	196.22	192.15	183.13	183.43	179.11	166.98
Revenue Growth (YoY)	7.67%	4.93%	-0.16%	2.41%	7.27%	-0.08%
Salaries and Employee Benefits	46.41	46.7	45.71	44.5	41.92	41.51
Occupancy Expenses	7.22	6.91	6.47	8.14	8.36	8.32
Federal Deposit Insurance	11	10.76	10.26	9.92	8.99	4.37
Selling, General & Administrative	0.85	0.85	0.58	0.64	0.72	0.72
Other Non-Interest Expense	30.04	27.58	25.57	24.69	22.67	28.3
Total Non-Interest Expense	95.51	92.8	88.58	87.89	82.66	83.21
EBT Excluding Unusual Items	100.71	99.36	94.55	95.54	96.45	83.77
Pretax Income	100.71	99.36	94.55	95.54	96.45	83.77
Income Tax Expense	33.69	33.25	32.25	34.43	37.4	31.64
Earnings From Continuing Operations	67.02	66.1	62.3	61.11	59.06	52.12
Minority Interest in Earnings	-	-	-	-0	0	0
Net Income	67.02	66.1	62.3	61.11	59.06	52.12
Net Income to Common	67.02	66.1	62.3	61.11	59.06	52.12
Net Income Growth	7.08%	6.10%	1.95%	3.47%	13.31%	-4.10%
Basic Shares Outstanding	200	200	200	200	200	200
Diluted Shares Outstanding	200	200	200	200	200	200
EPS (Basic)	0.34	0.33	0.31	0.31	0.30	0.26
EPS (Diluted)	0.34	0.33	0.31	0.31	0.30	0.26
EPS Growth	7.08%	6.10%	1.95%	3.47%	13.31%	-4.10%
Dividend Per Share	0.250	0.250	0.220	0.250	0.250	0.120
Dividend Growth	13.64%	13.64%	-12.00%	-	108.33%	-
Effective Tax Rate	33.46%	33.47%	34.11%	36.04%	38.77%	37.78%

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