Commercialbank

Commercialbank Financial Table

Income Statement YE 31 Dec. (Rs. '000')1Q232Q233Q234Q231Q242Q24-202120222023
Gross Income 84,149,226.0 83,519,041.0 88,294,597.0 85,603,336.0 80,207,870.0 82,910,908.0 - 163,675,312.0 280,386,944.0 341,566,200.0
Interest Income 75,939,012.0 74,872,632.0 73,758,370.0 73,075,852.0 70,390,950.0 68,869,457.0 - 132,818,178.0 222,393,079.0 297,645,866.0
Less: Interest Expense 56,963,785.0 56,398,189.0 50,326,278.0 47,542,255.0 42,692,918.0 37,947,638.0 - 66,401,846.0 137,727,868.0 211,230,507.0
Net Interest income 18,975,227.0 18,474,443.0 23,432,092.0 25,533,597.0 27,698,032.0 30,921,819.0 - 66,416,332.0 84,665,211.0 86,415,359.0
Fee & Commission Income 7,300,668.0 7,076,778.0 7,657,034.0 8,618,732.0 8,200,782.0 8,089,762.0 - 15,917,337.0 26,191,530.0 30,653,212.0
Less: Fee & Commission Expenses 1,898,492.0 1,887,996.0 2,038,079.0 2,441,326.0 2,567,584.0 2,653,519.0 - 3,675,143.0 6,022,429.0 8,265,893.0
Net fee & commission income 5,402,176.0 5,188,782.0 5,618,955.0 6,177,406.0 5,633,198.0 5,436,243.0 - 12,242,194.0 20,169,101.0 22,387,319.0
Net (loss)/gain from trading -8,975,464.0 -6,555,889.0 3,381,671.0 -331,931.0 -1,907,493.0 -1,664,493.0 - 1,936,007.0 35,297,450.0 -12,481,613.0
Net gain on derecognition of financial assets 337,266.0 587,244.0 1,713,760.0 2,421,972.0 1,987,334.0 1,145,711.0 - 3,001,574.0 276,884.0 5,060,242.0
at fair value through profit or loss 0.0 0.0 0.0 0.0 0.0 0.0 - 0.0 0.0 0.0
at fair value through other comprehensive income 0.0 0.0 0.0 0.0 0.0 0.0 - 0.0 0.0 0.0
at amortised cost 0.0 0.0 0.0 0.0 0.0 0.0 - 0.0 0.0 0.0
Net other operating income 9,547,744.0 7,538,276.0 1,783,762.0 1,818,711.0 1,536,297.0 6,470,471.0 - 10,002,216.0 -3,771,999.0 20,688,493.0
Total operating income 25,286,949.0 25,232,856.0 35,930,240.0 35,619,755.0 34,947,368.0 42,309,751.0 - 93,598,323.0 136,636,647.0 122,069,800.0
Less: Impairment charge 6,797,175.0 6,413,788.0 12,571,147.0 13,112,960.0 3,435,941.0 15,580,582.0 - 25,139,926.0 71,924,260.0 38,895,070.0
Net operating income 18,489,774.0 18,819,068.0 23,359,093.0 22,506,795.0 31,511,427.0 26,729,169.0 - 68,458,397.0 64,712,387.0 83,174,730.0
Less: Operating Expenses 0.0 0.0 0.0 0.0 0.0 0.0 - 0.0 0.0 0.0
Personnel expenses 5,612,486.0 5,684,029.0 5,512,768.0 6,015,630.0 6,532,550.0 6,742,452.0 - 16,799,212.0 19,788,283.0 22,824,913.0
Depreciation & amortisation expenses 1,063,760.0 1,020,578.0 995,181.0 1,256,121.0 1,110,125.0 1,135,855.0 - 3,220,066.0 3,598,371.0 4,335,640.0
Other operating expenses 4,001,444.0 3,902,497.0 4,183,503.0 5,041,835.0 4,411,624.0 4,530,097.0 - 9,638,461.0 12,895,587.0 17,129,279.0
Total operating expenses 10,677,690.0 10,607,104.0 10,691,452.0 12,313,586.0 12,054,299.0 12,408,404.0 - 29,657,739.0 36,282,241.0 44,289,832.0
Operating profit before taxes on financial services 7,812,084.0 8,211,964.0 12,667,641.0 10,193,209.0 19,457,128.0 14,320,765.0 - 38,800,658.0 28,430,146.0 38,884,898.0
Less: Value added tax on financial services 1,071,894.0 862,074.0 1,730,659.0 1,296,765.0 2,718,730.0 1,941,302.0 - 5,845,230.0 3,921,381.0 4,961,392.0
Social security contribution levy 0.0 0.0 0.0 0.0 0.0 0.0 - 0.0 0.0 0.0
Total taxes on financial services 1,071,894.0 862,074.0 1,730,659.0 1,296,765.0 2,718,730.0 1,941,302.0 - 5,845,230.0 3,921,381.0 4,961,392.0
Share of profit/(loss) of associate, net of tax 1,245.0 1,107.0 0.0 0.0 -576.0 29.0 - 0.0 -3,727.0 0.0
Profit before income tax 6,741,435.0 7,350,997.0 10,936,982.0 8,896,444.0 16,737,822.0 12,379,492.0 - 32,955,428.0 24,505,038.0 33,923,506.0
Less: Income tax expense 2,382,405.0 3,419,553.0 4,465,397.0 1,759,986.0 5,929,491.0 4,288,752.0 - 8,667,036.0 105,566.0 12,027,341.0
Net Profit 4,359,030.0 3,931,444.0 6,471,585.0 7,136,458.0 10,808,331.0 8,090,740.0 - 24,288,392.0 24,399,472.0 21,896,165.0
Shares outstanding 0.0 0.0 1,314,121,128.0 1,314,121,128.0 1,314,121,128.0 1,341,006,948.0 - 0.0 0.0 1,314,121,128.0
Earnings per share (basic) 3.2 2.9 0.0 5.3 7.9 5.9 - - 18.1 16.1