hnb
| Income Statement YE 31 Dec. (Rs. '000') | 1Q23 | 2Q23 | 3Q23 | 4Q23 | 1Q24 | 2Q24 | Unnamed: 7 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Income | 87,281,125.0 | 87,458,715.0 | 83,989,915.0 | 77,908,436.0 | 71,926,490.0 | 70,110,960.0 | - | 135,710,455.0 | 270,509,409.0 | 336,638,191.0 |
| Interest Income | 80,750,344.0 | 81,226,556.0 | 74,381,119.0 | 68,220,093.0 | 64,476,658.0 | 59,447,129.0 | - | 107,407,723.0 | 220,581,307.0 | 304,578,112.0 |
| Less: Interest Expense | 45,929,916.0 | 49,782,436.0 | 47,196,456.0 | 43,594,742.0 | 39,142,361.0 | 32,195,126.0 | - | 50,945,355.0 | 109,014,763.0 | 186,503,550.0 |
| Net Interest income | 34,820,428.0 | 31,444,120.0 | 27,184,663.0 | 24,625,351.0 | 25,334,297.0 | 27,252,003.0 | - | 56,462,368.0 | 111,566,544.0 | 118,074,562.0 |
| Fee & Commission Income | 4,696,109.0 | 4,022,488.0 | 4,053,502.0 | 4,435,534.0 | 4,520,433.0 | 4,944,753.0 | - | 10,676,982.0 | 16,521,300.0 | 17,207,633.0 |
| Less: Fee & Commission Expenses | 150,723.0 | 144,395.0 | 142,230.0 | 197,632.0 | 178,731.0 | 170,870.0 | - | 360,771.0 | 619,555.0 | 634,980.0 |
| Net fee & commission income | 4,545,386.0 | 3,878,093.0 | 3,911,272.0 | 4,237,902.0 | 4,341,702.0 | 4,773,883.0 | - | 10,316,211.0 | 15,901,745.0 | 16,572,653.0 |
| Net (loss)/gain from trading | -7,245,769.0 | -1,353,600.0 | -1,294,167.0 | -1,972,145.0 | -4,064,011.0 | 3,508,371.0 | - | -383,772.0 | 4,825,568.0 | -11,850,918.0 |
| Net gain on derecognition of financial assets | 0.0 | 3,147.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 10,641,842.0 | 23,099.0 | 310,852.0 |
| at fair value through profit or loss | 0.0 | 0.0 | 11,616.0 | 0.0 | 0.0 | 0.0 | - | 5,874.0 | 0.0 | 0.0 |
| at fair value through other comprehensive income | 0.0 | 2,743.0 | 620.0 | 50,705.0 | 365,175.0 | 21,328.0 | - | 196,167.0 | 12,750,482.0 | 15,249,250.0 |
| at amortised cost | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | 0.0 | 0.0 | 0.0 |
| Net other operating income | 5,308,713.0 | 180,536.0 | 2,952,017.0 | 2,958,780.0 | 2,323,132.0 | -2,021,841.0 | - | 7,165,639.0 | 15,807,653.0 | 11,143,262.0 |
| Total operating income | 41,200,486.0 | 37,531,884.0 | 36,651,229.0 | 34,116,062.0 | 32,605,398.0 | 37,744,964.0 | - | 84,404,329.0 | 160,875,091.0 | 149,499,661.0 |
| Less: Impairment charge | 11,710,907.0 | 17,779,699.0 | 4,345,697.0 | 8,687,627.0 | 1,634,788.0 | 814,966.0 | - | 19,534,309.0 | 91,735,672.0 | 42,523,930.0 |
| Net operating income | 29,489,579.0 | 19,752,185.0 | 32,305,532.0 | 25,428,435.0 | 30,970,610.0 | 36,929,998.0 | - | 64,870,020.0 | 69,139,419.0 | 106,975,731.0 |
| Less: Operating Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 |
| Personnel expenses | 5,274,325.0 | 5,335,407.0 | 5,088,741.0 | 5,235,785.0 | 5,779,862.0 | 6,101,491.0 | - | 13,676,004.0 | 18,490,530.0 | 20,934,258.0 |
| Depreciation & amortisation expenses | 799,178.0 | 866,547.0 | 968,961.0 | 891,624.0 | 948,815.0 | 968,579.0 | - | 8,955,217.0 | 11,715,338.0 | 15,218,729.0 |
| Other operating expenses | 9,134,309.0 | 8,409,399.0 | 9,688,372.0 | 8,682,547.0 | 10,562,021.0 | 9,983,047.0 | - | 14,718,170.0 | 19,597,651.0 | 24,222,208.0 |
| Total operating expenses | 15,207,812.0 | 14,611,353.0 | 15,746,074.0 | 14,809,956.0 | 17,290,698.0 | 17,053,117.0 | - | 37,349,391.0 | 49,803,519.0 | 60,375,195.0 |
| Operating profit before taxes on financial services | 14,281,767.0 | 5,140,832.0 | 16,559,458.0 | 10,618,479.0 | 13,679,912.0 | 19,876,881.0 | - | 27,520,629.0 | 19,335,900.0 | 46,600,536.0 |
| Less: Value added tax on financial services | 2,792,441.0 | 1,582,551.0 | 3,449,415.0 | 2,320,474.0 | 3,071,258.0 | 4,340,850.0 | - | 4,759,882.0 | 5,247,616.0 | 10,523,130.0 |
| 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 | 2,792,441.0 | 1,582,551.0 | 3,449,415.0 | 2,320,474.0 | 3,071,258.0 | 4,340,850.0 | - | 4,759,882.0 | 5,247,616.0 | 10,523,130.0 |
| Share of profit/(loss) of associate, net of tax | 214,232.0 | 311,356.0 | 732,417.0 | -117,236.0 | 633,678.0 | 230,064.0 | - | 292,837.0 | 331,973.0 | 1,140,769.0 |
| Profit before income tax | 11,703,558.0 | 3,869,637.0 | 13,842,460.0 | 8,180,769.0 | 11,242,332.0 | 15,766,095.0 | - | 23,053,584.0 | 14,420,257.0 | 37,218,175.0 |
| Less: Income tax expense | 4,063,234.0 | 1,292,501.0 | 4,832,136.0 | 3,423,813.0 | 3,821,959.0 | 6,936,317.0 | - | 2,969,222.0 | -1,327,978.0 | 13,611,684.0 |
| Net Profit | 7,640,324.0 | 2,577,136.0 | 9,010,324.0 | 4,756,956.0 | 7,420,373.0 | 8,829,778.0 | - | 20,084,362.0 | 15,748,235.0 | 23,606,491.0 |
| Shares outstanding (avg) | 421,948,655.0 | 421,948,655.0 | 421,948,655.0 | 559,738,387.0 | 559,738,387.0 | 571,821,196.0 | - | 320,522,436.0 | 402,666,056.0 | 559,738,387.0 |
| Earnings per share (basic) | 5.0 | 4.1 | 7.4 | 7.9 | 12.6 | 15.0 | - | 11.2 | 7.9 | 0.0 |