CFG Bank SA (CBSE:CFG)

CFG Bank Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	835.71	574.93	435.71	310.27	245.81
Interest Paid on Deposits	462.61	310.2	184.98	154.52	120.6
Net Interest Income	373.1	264.73	250.73	155.75	125.21
Net Interest Income Growth (YoY)	40.93%	5.58%	60.98%	24.39%	64.17%
Gain (Loss) on Sale of Assets	-5.77	-4.58	-2.94	31.4	-0.78
Other Non-Interest Income	568.31	392.66	249.66	244.6	160.29
Total Non-Interest Income	562.54	388.09	246.73	276	159.51
Non-Interest Income Growth (YoY)	44.95%	57.29%	-10.61%	73.03%	8.48%
Revenues Before Loan Losses	935.64	652.82	497.46	431.76	284.72
Provision for Loan Losses	41.07	24.86	30.98	35.97	18.25
Revenue	894.57	627.96	466.47	395.79	266.47
Revenue Growth (YoY)	42.46%	34.62%	17.86%	48.53%	25.90%
Occupancy Expenses	65.69	56.13	55.09	53.36	48.21
Other Non-Interest Expense	487.61	377.58	331.56	293.59	216.89
Total Non-Interest Expense	553.3	433.71	386.65	346.95	265.1
EBT Excluding Unusual Items	341.27	194.25	79.82	48.84	1.37
Pretax Income	341.27	194.25	79.82	48.84	1.37
Income Tax Expense	63.1	16.68	25.48	17.48	44.49
Earnings From Continuing Operations	278.17	177.57	54.34	31.36	-43.12
Minority Interest in Earnings	-16.35	-11.54	-10.46	-2.81	1.09
Net Income	261.82	166.03	43.89	28.55	-42.03
Net Income to Common	261.82	166.03	43.89	28.55	-42.03
Net Income Growth	57.70%	278.31%	53.71%	-	-
Basic Shares Outstanding	33	33	23	5	5
Diluted Shares Outstanding	33	33	23	5	5
Shares Change (YoY)	0.57%	41.77%	353.85%	-3.85%	18.00%
EPS (Basic)	7.95	5.07	1.90	5.61	-7.94
EPS (Diluted)	7.95	5.07	1.90	5.61	-7.94
EPS Growth	56.81%	166.84%	-66.13%	-	-
Dividend Per Share	3.300	3.300	-	-	-
Effective Tax Rate	18.49%	8.59%	31.92%	35.79%	3242.86%

Updated Sep 19, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.