Jaiz Bank Plc (NGX:JAIZBANK)

Jaiz Bank Income Statement

Financials in millions NGN. 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	36,797	32,042	27,357	21,589	15,205	10,758
Interest Income on Investments	50,333	44,366	17,159	9,862	8,972	8,003
Total Interest Income	87,130	76,408	44,515	31,450	24,177	18,761
Interest Paid on Deposits	23,058	21,286	11,100	6,905	4,940	3,789
Net Interest Income	64,072	55,122	33,415	24,545	19,237	14,972
Net Interest Income Growth (YoY)	56.15%	64.96%	36.14%	27.59%	28.49%	41.11%
Other Non-Interest Income	5,566	6,467	2,722	1,836	1,451	852.97
Total Non-Interest Income	5,566	6,467	2,722	1,836	1,451	852.97
Non-Interest Income Growth (YoY)	30.08%	137.59%	48.25%	26.51%	70.14%	-28.75%
Revenues Before Loan Losses	69,638	61,589	36,137	26,381	20,689	15,825
Provision for Loan Losses	618.96	-166.33	4,320	3,889	3,721	3,028
Revenue	69,019	61,755	31,817	22,492	16,968	12,797
Revenue Growth (YoY)	59.21%	94.09%	41.46%	32.56%	32.60%	20.03%
Salaries and Employee Benefits	14,494	13,759	9,258	8,100	7,238	4,902
Occupancy Expenses	2,206	1,835	1,389	1,632	781.98	811.62
Selling, General & Administrative	2,697	2,084	1,218	298.31	-	453.84
Other Non-Interest Expense	21,982	19,632	8,898	5,829	4,789	3,563
Total Non-Interest Expense	41,379	37,310	20,764	15,859	12,810	9,731
EBT Excluding Unusual Items	27,640	24,445	11,054	6,633	4,158	3,066
Pretax Income	27,640	24,445	11,054	6,633	4,158	3,066
Income Tax Expense	993.04	960.62	-183.59	-248.54	73.58	162.76
Net Income	26,647	23,484	11,237	6,881	4,085	2,903
Net Income to Common	26,647	23,484	11,237	6,881	4,085	2,903
Net Income Growth	41.98%	108.99%	63.30%	68.47%	40.69%	18.85%
Basic Shares Outstanding	40,403	35,379	34,541	34,541	31,157	29,464
Diluted Shares Outstanding	40,403	35,379	34,541	34,541	31,157	29,464
Shares Change (YoY)	10.81%	2.42%	-	10.86%	5.74%	-
EPS (Basic)	0.66	0.66	0.33	0.20	0.13	0.10
EPS (Diluted)	0.66	0.66	0.33	0.20	0.13	0.10
EPS Growth	28.13%	104.04%	63.30%	51.96%	33.05%	18.85%
Dividend Per Share	0.070	0.070	0.040	0.050	0.040	0.030
Dividend Growth	75.00%	75.00%	-20.00%	25.00%	33.33%	-
Effective Tax Rate	3.59%	3.93%	-	-	1.77%	5.31%

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.