Société Ivoirienne de Banque S.A. (BRVM:SIBC)

BRVM:SIBC Income Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	78,814	67,877	74,957	74,955	68,349
Total Interest Income	78,814	67,877	74,957	74,955	68,349
Interest Paid on Deposits	15,504	14,532	16,362	17,757	18,349
Total Interest Expense	15,504	14,532	16,362	17,757	18,349
Net Interest Income	63,310	53,345	58,595	57,198	50,000
Net Interest Income Growth (YoY)	18.68%	-8.96%	2.44%	14.40%	15.78%
Income From Trading Activities	3,263	3,071	2,220	2,370	2,116
Gain (Loss) on Sale of Assets	-208	1,079	-2	-14	-95
Gain (Loss) on Sale of Investments	1,311	2,205	-2,095	-4,779	-1,036
Other Non-Interest Income	27,686	24,920	17,812	19,676	20,806
Total Non-Interest Income	32,052	31,275	17,935	17,253	21,791
Non-Interest Income Growth (YoY)	2.48%	74.38%	3.95%	-20.82%	-4.28%
Revenues Before Loan Losses	95,362	84,620	76,530	74,451	71,791
Provision for Loan Losses	7,992	2,276	1,312	6,149	5,613
Revenue	87,370	82,344	75,218	68,302	66,178
Revenue Growth (YoY)	6.10%	9.47%	10.13%	3.21%	11.68%
Occupancy Expenses	3,800	3,368	3,390	3,570	3,225
Other Non-Interest Expense	34,899	32,613	31,100	29,841	29,425
Total Non-Interest Expense	38,699	35,981	34,490	33,411	32,650
EBT Excluding Unusual Items	48,671	46,363	40,728	34,891	33,528
Pretax Income	48,671	46,363	40,728	34,891	33,528
Income Tax Expense	5,158	6,273	6,697	4,630	5,471
Net Income	43,513	40,090	34,031	30,261	28,057
Net Income to Common	43,513	40,090	34,031	30,261	28,057
Net Income Growth	8.54%	17.80%	12.46%	7.85%	20.94%
Basic Shares Outstanding	100	100	100	100	100
Diluted Shares Outstanding	100	100	100	100	100
Shares Change (YoY)	-	-	-0.04%	0.01%	0.03%
EPS (Basic)	435.13	400.90	340.31	302.50	280.50
EPS (Diluted)	435.13	400.90	340.31	302.50	280.50
EPS Growth	8.54%	17.80%	12.50%	7.84%	20.91%
Dividend Per Share	275.000	275.000	225.000	200.000	150.000
Dividend Growth	-	22.22%	12.50%	33.33%	7.14%
Effective Tax Rate	10.60%	13.53%	16.44%	13.27%	16.32%

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.