Jordan Kuwait Bank (ASE:JOKB)

Jordan Kuwait 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	282.41	277.08	253.02	166.18	127.16	135.51
Interest Income on Investments	1.24	1.52	2.49	1.67	1.07	2.77
Total Interest Income	283.65	278.6	255.51	167.84	128.23	138.28
Interest Paid on Deposits	129.36	138.45	119.78	65.06	42.82	50.7
Net Interest Income	154.29	140.15	135.73	102.78	85.41	87.58
Net Interest Income Growth (YoY)	13.34%	3.26%	32.05%	20.34%	-2.48%	-4.51%
Gain (Loss) on Sale of Assets	-0.49	-1.83	4.3	-1.02	-2.32	-0.52
Gain (Loss) on Sale of Investments	2.72	2.42	1.86	-0.01	-0.4	-6.19
Other Non-Interest Income	227.61	250.86	133.54	31.76	23.21	21.03
Total Non-Interest Income	229.84	251.45	139.7	30.73	20.49	14.32
Non-Interest Income Growth (YoY)	13.97%	79.99%	354.57%	50.01%	43.08%	-52.92%
Revenues Before Loan Losses	384.13	391.6	275.43	133.52	105.9	101.9
Provision for Loan Losses	57.41	47.2	60.25	33.58	28.46	40.47
Revenue	326.73	344.4	215.17	99.94	77.44	61.43
Revenue Growth (YoY)	11.65%	60.06%	115.31%	29.06%	26.06%	-43.05%
Salaries and Employee Benefits	49.47	48.84	48.71	33.32	29.89	28.87
Occupancy Expenses	9.42	8.5	6.82	4.79	4.47	4.72
Selling, General & Administrative	13.93	13.8	10.64	7.71	6.1	5.64
Other Non-Interest Expense	37.33	40.4	41.54	26.63	25.83	27.39
Total Non-Interest Expense	110.15	111.54	107.72	72.45	66.3	66.61
EBT Excluding Unusual Items	216.58	232.86	107.45	27.49	11.14	-5.18
Asset Writedown	-	-	-	-	1.53	-0.04
Legal Settlements	-1.69	-1.69	-1.29	-0.6	-0.6	-0.36
Other Unusual Items	-	-	15.49	0.46	-	-
Pretax Income	214.89	231.17	121.65	27.34	12.07	-5.58
Income Tax Expense	25.46	36.85	31.61	8.61	4.37	-1.61
Earnings From Continuing Operations	189.43	194.32	90.04	18.73	7.7	-3.97
Earnings From Discontinued Operations	-	-	-	-	-	-0.54
Minority Interest in Earnings	-70.92	-76.99	-30.93	-0.05	0.03	-
Net Income	118.51	117.33	59.11	18.68	7.74	-4.51
Net Income to Common	118.51	117.33	59.11	18.68	7.74	-4.51
Net Income Growth	60.48%	98.50%	216.39%	141.43%	-	-
Basic Shares Outstanding	150	150	150	150	150	150
Diluted Shares Outstanding	150	150	150	150	150	150
EPS (Basic)	0.79	0.78	0.39	0.12	0.05	-0.03
EPS (Diluted)	0.79	0.78	0.39	0.12	0.05	-0.03
EPS Growth	60.48%	98.50%	216.39%	141.43%	-	-
Dividend Per Share	0.120	0.120	0.080	0.080	0.070	-
Dividend Growth	50.00%	50.00%	-	14.29%	-	-
Effective Tax Rate	11.85%	15.94%	25.99%	31.49%	36.18%	-

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.