Cargills Bank PLC (COSE:CBNK.N0000)

Cargills Bank Income Statement

Financials in millions LKR. 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	8,932	10,929	8,002	4,100	4,118
Interest Paid on Deposits	5,343	7,548	4,798	2,260	2,553
Net Interest Income	3,589	3,381	3,204	1,840	1,565
Net Interest Income Growth (YoY)	6.13%	5.53%	74.17%	17.57%	-23.43%
Income From Trading Activities	0.39	0.32	0.99	-1.2	5.48
Gain (Loss) on Sale of Assets	1.74	0.1	0.32	-0.37	1.04
Gain (Loss) on Sale of Investments	946.4	441.9	20.81	-18.37	120.79
Other Non-Interest Income	953.93	1,051	1,054	638.76	320.86
Total Non-Interest Income	1,902	1,494	1,076	618.83	448.16
Non-Interest Income Growth (YoY)	27.37%	38.76%	73.95%	38.08%	9.67%
Revenues Before Loan Losses	5,491	4,875	4,281	2,459	2,013
Provision for Loan Losses	607.36	848.79	1,463	684.51	801.72
Revenue	4,884	4,026	2,817	1,774	1,211
Revenue Growth (YoY)	21.30%	42.92%	58.80%	46.46%	-7.12%
Salaries and Employee Benefits	1,330	1,073	915.29	842.69	798.62
Occupancy Expenses	320.82	331.9	437.01	420.21	490.75
Other Non-Interest Expense	2,084	1,892	1,258	879.75	808.39
Total Non-Interest Expense	3,734	3,296	2,611	2,143	2,098
EBT Excluding Unusual Items	1,150	729.88	206.44	-368.66	-886.54
Pretax Income	1,150	729.88	206.44	-368.66	-886.54
Income Tax Expense	498.89	289.86	-281.33	-91.53	-142.59
Earnings From Continuing Operations	650.8	440.02	487.76	-277.13	-743.95
Net Income	650.8	440.02	487.76	-277.13	-743.95
Net Income to Common	650.8	440.02	487.76	-277.13	-743.95
Net Income Growth	47.90%	-9.79%	-	-	-
Basic Shares Outstanding	946	885	883	883	883
Diluted Shares Outstanding	946	885	883	883	883
Shares Change (YoY)	6.91%	0.15%	-	-	-
EPS (Basic)	0.69	0.50	0.55	-0.31	-0.84
EPS (Diluted)	0.69	0.50	0.55	-0.31	-0.84
EPS Growth	38.34%	-9.55%	-	-	-
Effective Tax Rate	43.39%	39.71%	-	-	-

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