CRDB Bank Income Statement

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

Millions TZS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Interest Income on Loans	1,746,948	1,562,110	1,227,052	965,471	789,666	699,294	Upgrade
Interest Income on Investments	-108	-	379	1,814	779	-	Upgrade
Total Interest Income	1,746,840	1,562,110	1,227,431	967,285	790,445	699,294	Upgrade
Interest Paid on Deposits	490,714	417,894	346,426	219,472	142,239	116,305	Upgrade
Interest Paid on Borrowings	4,755	4,755	3,707	1,980	2,331	2,509	Upgrade
Total Interest Expense	495,469	422,649	350,133	221,452	144,570	118,814	Upgrade
Net Interest Income	1,251,371	1,139,461	877,298	745,833	645,875	580,480	Upgrade
Net Interest Income Growth (YoY)	23.41%	29.88%	17.63%	15.48%	11.27%	9.71%	Upgrade
Gain (Loss) on Sale of Assets	-1,029	-1,029	-11,773	-1,712	-78	-581	Upgrade
Gain (Loss) on Sale of Investments	4,921	4,921	7,387	46,286	32,862	19,581	Upgrade
Other Non-Interest Income	566,730	469,169	410,522	322,539	245,311	209,220	Upgrade
Total Non-Interest Income	570,622	473,061	406,136	367,113	278,095	228,220	Upgrade
Non-Interest Income Growth (YoY)	25.37%	16.48%	10.63%	32.01%	21.85%	17.72%	Upgrade
Revenues Before Loan Losses	1,821,993	1,612,522	1,283,434	1,112,946	923,970	808,700	Upgrade
Provision for Loan Losses	127,025	95,187	39,658	60,435	23,255	73,065	Upgrade
Revenue	1,694,968	1,517,335	1,243,776	1,052,511	900,715	735,635	Upgrade
Revenue Growth (YoY)	19.15%	21.99%	18.17%	16.85%	22.44%	16.50%	Upgrade
Salaries and Employee Benefits	410,516	380,448	338,243	304,870	293,788	293,054	Upgrade
Occupancy Expenses	84,009	84,009	84,444	70,640	66,222	58,400	Upgrade
Selling, General & Administrative	28,235	28,235	26,235	20,673	148,066	129,368	Upgrade
Other Non-Interest Expense	282,572	245,847	196,203	158,619	5,273	18,643	Upgrade
Total Non-Interest Expense	805,332	738,539	645,125	554,802	513,349	499,465	Upgrade
EBT Excluding Unusual Items	889,636	778,796	598,651	497,709	387,366	236,170	Upgrade
Pretax Income	889,636	778,796	598,651	497,709	387,366	236,170	Upgrade
Income Tax Expense	266,684	227,309	175,859	146,302	119,205	70,984	Upgrade
Earnings From Continuing Operations	622,952	551,487	422,792	351,407	268,161	165,186	Upgrade
Minority Interest in Earnings	2,955	2,955	1,898	-	-	-	Upgrade
Net Income	625,907	554,442	424,690	351,407	268,161	165,186	Upgrade
Net Income to Common	625,907	554,442	424,690	351,407	268,161	165,186	Upgrade
Net Income Growth	20.44%	30.55%	20.85%	31.04%	62.34%	37.49%	Upgrade
Basic Shares Outstanding	2,605	2,612	2,612	2,612	2,612	2,612	Upgrade
Diluted Shares Outstanding	2,605	2,612	2,612	2,612	2,612	2,612	Upgrade
Shares Change (YoY)	-0.47%	-	-	-	-	-	Upgrade
EPS (Basic)	240.27	212.27	162.59	134.54	102.67	63.24	Upgrade
EPS (Diluted)	240.27	212.27	162.59	134.54	102.67	63.24	Upgrade
EPS Growth	21.00%	30.55%	20.85%	31.04%	62.34%	37.49%	Upgrade
Dividend Per Share	-	65.000	50.000	45.000	36.000	22.000	Upgrade
Dividend Growth	-	30.00%	11.11%	25.00%	63.64%	29.41%	Upgrade
Effective Tax Rate	29.98%	29.19%	29.38%	29.39%	30.77%	30.06%	Upgrade

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.