Kuwait International Bank K.S.C.P. (KWSE:KIB)

KWSE:KIB Income Statement

Financials in millions KWD. 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	191.58	185.46	171.59	113.79	82.08	89.08
Interest Paid on Deposits	122.1	117.48	118.72	70.14	32.05	40.25
Net Interest Income	69.48	67.98	52.88	43.65	50.04	48.83
Net Interest Income Growth (YoY)	14.80%	28.56%	21.14%	-12.77%	2.48%	-7.32%
Gain (Loss) on Sale of Assets	-	-	2.48	2.64	-	0.06
Gain (Loss) on Sale of Investments	0.23	0.23	-0.24	-0.16	1.27	0.39
Gain (Loss) on Sale of Equity Investments	0.01	0.01	0.16	0.08	0.13	0.01
Other Non-Interest Income	26.02	23.15	17.38	16.3	15.35	11.06
Total Non-Interest Income	26.26	23.39	19.77	18.87	16.75	11.52
Non-Interest Income Growth (YoY)	40.52%	18.32%	4.76%	12.64%	45.47%	-27.24%
Revenues Before Loan Losses	95.74	91.37	72.65	62.52	66.79	60.34
Provision for Loan Losses	11.64	13.87	4.68	2.77	13.96	26.64
Revenue	84.09	77.5	67.97	59.75	52.83	33.7
Revenue Growth (YoY)	10.21%	14.02%	13.75%	13.11%	56.75%	-42.04%
Salaries and Employee Benefits	30.13	26.56	23.91	24.42	22.53	19.7
Occupancy Expenses	6.47	7.57	6.74	5.06	4.42	4.24
Selling, General & Administrative	20.07	18.9	17.13	15.87	14.23	13.03
Other Non-Interest Expense	0.73	0.63	0.55	0.42	0.29	0
Total Non-Interest Expense	57.65	53.91	48.51	45.9	41.58	36.96
EBT Excluding Unusual Items	26.44	23.59	19.46	13.85	11.25	-3.26
Asset Writedown	-	-	-	-	-0.07	-0.12
Other Unusual Items	-	-	-	-	-	1.9
Pretax Income	26.44	23.59	19.46	13.85	11.18	0.12
Income Tax Expense	0.29	0.25	0.2	0.15	0.11	-
Earnings From Continuing Operations	26.16	23.34	19.26	13.7	11.08	0.12
Minority Interest in Earnings	-0.29	-0.26	-0.17	-0.11	-0.19	-0.12
Net Income	25.87	23.08	19.09	13.6	10.89	0
Preferred Dividends & Other Adjustments	6.12	5.66	5.22	5.2	5.12	5.19
Net Income to Common	19.75	17.42	13.87	8.39	5.78	-5.19
Net Income Growth	2.71%	20.89%	40.42%	24.82%	1089100.00%	-99.99%
Basic Shares Outstanding	1,656	1,656	1,460	1,251	1,193	1,193
Diluted Shares Outstanding	1,656	1,656	1,460	1,251	1,193	1,193
Shares Change (YoY)	-0.18%	13.45%	16.68%	4.92%	-	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.00	-0.00
EPS (Diluted)	0.01	0.01	0.01	0.01	0.00	-0.00
EPS Growth	-0.94%	10.67%	41.64%	38.54%	-	-
Dividend Per Share	0.005	0.005	0.005	0.004	0.004	-
Dividend Growth	2.13%	2.13%	30.56%	2.86%	-	-
Effective Tax Rate	1.08%	1.04%	1.03%	1.09%	0.94%	-

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.