Citystate Savings Bank, Inc. (PSE:CSB)

Citystate Savings Bank Income Statement

Financials in millions PHP. 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	326.55	269.02	220.16	212.58	212
Interest Income on Investments	74.58	40.88	48.23	39.14	27.43
Total Interest Income	401.13	309.9	268.39	251.73	239.43
Interest Paid on Deposits	122.44	77.85	23	20.26	34.54
Interest Paid on Borrowings	6.55	5.41	5.09	5.31	7.32
Total Interest Expense	128.99	83.26	28.09	25.57	41.86
Net Interest Income	272.14	226.63	240.3	226.16	197.57
Net Interest Income Growth (YoY)	20.08%	-5.69%	6.25%	14.47%	13.18%
Gain (Loss) on Sale of Assets	-	-	-	0.75	-
Other Non-Interest Income	185.23	150.44	118.54	60.99	75.82
Total Non-Interest Income	185.23	150.44	118.54	61.73	75.82
Non-Interest Income Growth (YoY)	23.13%	26.91%	92.02%	-18.58%	-30.26%
Revenues Before Loan Losses	457.37	377.07	358.84	287.89	273.39
Provision for Loan Losses	10.03	59.21	19.13	-15.22	0.12
Revenue	447.34	317.86	339.71	303.12	273.27
Revenue Growth (YoY)	40.73%	-6.43%	12.07%	10.92%	-3.31%
Salaries and Employee Benefits	156.53	152.7	135.46	112.64	86.91
Occupancy Expenses	91.35	80.3	66.61	56.46	58.89
Selling, General & Administrative	83.86	71.75	71.77	62.51	57.52
Other Non-Interest Expense	94.09	100.77	74.71	58.15	53.83
Total Non-Interest Expense	425.82	405.53	348.56	289.76	257.14
EBT Excluding Unusual Items	21.51	-87.67	-8.86	13.36	16.13
Legal Settlements	-4.96	-7.01	-4.24	-2	-2.82
Pretax Income	16.55	-94.68	-13.1	11.36	13.31
Income Tax Expense	15.58	1.74	4.22	9.69	7.99
Net Income	0.97	-96.42	-17.32	1.68	5.32
Net Income to Common	0.97	-96.42	-17.32	1.68	5.32
Net Income Growth	-	-	-	-68.47%	-
Basic Shares Outstanding	162	156	151	108	100
Diluted Shares Outstanding	162	156	151	108	100
Shares Change (YoY)	3.40%	3.90%	38.89%	8.43%	-
EPS (Basic)	0.01	-0.62	-0.12	0.02	0.05
EPS (Diluted)	0.01	-0.62	-0.12	0.02	0.05
EPS Growth	-	-	-	-70.93%	-
Effective Tax Rate	94.16%	-	-	85.23%	60.01%

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.