Grupo Security S.A. (SNSE:SECURITY)

Grupo Security Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	642,851	635,516	723,631	857,631	471,725	359,293
Interest Income on Investments	266,684	307,587	356,609	231,850	118,508	111,934
Total Interest Income	909,535	943,103	1,080,240	1,089,481	590,233	471,227
Interest Paid on Deposits	206,952	216,660	240,574	146,676	17,226	47,185
Interest Paid on Borrowings	238,396	229,855	286,359	485,111	243,089	147,238
Total Interest Expense	445,347	446,515	526,933	631,788	260,315	194,422
Net Interest Income	464,188	496,588	553,307	457,693	329,918	276,805
Net Interest Income Growth (YoY)	-18.36%	-10.25%	20.89%	38.73%	19.19%	4.61%
Trust Income	6,430	6,361	5,192	4,658	4,280	4,436
Income From Trading Activities	12,606	16,642	38,752	631,874	357,220	10,344
Gain (Loss) on Sale of Assets	-	-	-	-	2,146	1,028
Gain (Loss) on Sale of Investments	8,409	8,409	1,502	2,534	3,602	11,773
Other Non-Interest Income	170,504	157,780	96,363	-492,591	-242,293	119,172
Total Non-Interest Income	200,037	193,145	145,570	147,494	126,475	148,791
Non-Interest Income Growth (YoY)	44.21%	32.68%	-1.30%	16.62%	-15.00%	-10.12%
Revenues Before Loan Losses	664,224	689,733	698,876	605,187	456,394	425,596
Provision for Loan Losses	79,082	76,761	72,848	69,595	78,959	71,699
Revenue	585,142	612,971	626,029	535,592	377,434	353,897
Revenue Growth (YoY)	-7.66%	-2.09%	16.89%	41.90%	6.65%	-7.85%
Selling, General & Administrative	351,778	343,201	314,220	287,985	234,496	238,841
Other Non-Interest Expense	74,609	74,627	71,460	100,765	51,408	37,895
Total Non-Interest Expense	425,850	417,267	386,387	387,749	285,123	276,825
EBT Excluding Unusual Items	159,291	195,704	239,642	147,843	92,311	77,072
Asset Writedown	-5,748	-6,440	-6,064	-	-	-
Pretax Income	153,544	189,264	233,578	147,843	92,311	77,072
Income Tax Expense	24,520	30,130	37,328	-3,491	-241.62	12,774
Earnings From Continuing Operations	129,024	159,134	196,250	151,333	92,553	64,298
Minority Interest in Earnings	-3,594	-3,539	311.3	-5,649	-2,081	848.57
Net Income	125,430	155,596	196,562	145,684	90,472	65,146
Net Income to Common	125,430	155,596	196,562	145,684	90,472	65,146
Net Income Growth	-37.13%	-20.84%	34.92%	61.03%	38.88%	-19.73%
Basic Shares Outstanding	3,995	3,995	3,995	4,036	4,036	3,843
Diluted Shares Outstanding	3,995	3,995	3,995	4,036	4,036	3,843
Shares Change (YoY)	-	-	-1.01%	-	5.02%	4.01%
EPS (Basic)	31.39	38.94	49.20	36.09	22.42	16.95
EPS (Diluted)	31.39	38.94	49.20	36.09	22.42	16.95
EPS Growth	-37.13%	-20.84%	36.30%	61.03%	32.23%	-22.82%
Dividend Per Share	-	-	24.050	17.000	11.500	6.000
Dividend Growth	-	-	41.47%	47.83%	91.67%	-37.82%
Effective Tax Rate	15.97%	15.92%	15.98%	-	-	16.57%

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.