Financial Ratios Kina Securities Limited

Equities

KSL

PG000A143KS8

Banks

Market Closed - Australian S.E. Other stock markets 04:10:17 18/07/25 pm AEST			5-day change	1st Jan Change
1.340 ^AUD	0.00%		+6.35%	+17.54%

11/06	Kina Securities Limited - Shareholder/Analyst Call
27/05	Kina Securities' Group Chief Risk Officer to Step Down	MT

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Published financial data: KINA SECURITIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest Income On Loans	200M	207M	225M	253M	274M
Interest Income On Investments	136K	562K	469K	660K	944K
Interest Income, Total	200M	207M	225M	254M	275M
Interest On Deposits	29.96M	29.62M	43.39M	50.02M	52.25M
Interest Expense, Total	29.96M	29.62M	43.39M	50.02M	52.25M
Net Interest Income	170M	178M	182M	204M	223M
Gain (Loss) on Sale of Assets	3.25M	105K	249K	89K	154K
Gain (Loss) on Sale of Invest. & Securities - (Rev)	2.51M	817K	3.61M	2.73M	7.91M
Total Other Non Interest Income	139M	156M	181M	197M	254M
Non Interest Income, Total	145M	156M	185M	200M	262M
Revenues Before Provison For Loan Losses	315M	334M	366M	404M	485M
Provision For Loan Losses	22.02M	6.52M	4.82M	9.9M	18.15M
Total Revenues	293M	328M	362M	394M	467M
Salaries And Other Employee Benefits	72.18M	71.42M	83.5M	83.99M	100M
Stock-Based Compensation (IS)	3.01M	-	-	-	-
Occupancy Expense	38.42M	41.72M	43.18M	34.28M	37.68M
Selling General & Admin Expenses, Total	53.71M	67.04M	69.66M	84.27M	114M
Total Other Non Interest Expense	15.56M	13.92M	16.92M	16.19M	34.85M
Non Interest Expense, Total	183M	194M	213M	219M	287M
EBT, Excl. Unusual Items	110M	134M	148M	176M	180M
Total Merger & Related Restructuring Charges	-	-30K	-	-	-
Other Unusual Items	-	-27.7M	-	-	-
EBT, Incl. Unusual Items	110M	106M	148M	176M	180M
Income Tax Expense	33.93M	35.21M	31.93M	70.58M	79.81M
Earnings From Continuing Operations	75.97M	70.81M	116M	105M	100M
Net Income to Company	75.97M	70.81M	116M	105M	100M
Net Income - (IS)	75.97M	70.81M	116M	105M	100M
Preferred Dividend and Other Adjustments	-	-3K	-	-	-
Net Income to Common Incl Extra Items	75.97M	70.81M	116M	105M	100M
Net Income to Common Excl. Extra Items	75.97M	70.81M	116M	105M	100M
Per Share Items
Net EPS - Basic	0.37	0.25	0.41	0.37	0.35
Basic EPS - Continuing Operations	0.37	0.25	0.41	0.37	0.35
Basic Weighted Average Shares Outstanding	204M	287M	287M	287M	287M
Net EPS - Diluted	0.37	0.24	0.4	0.36	0.35
Diluted EPS - Continuing Operations	0.37	0.24	0.4	0.36	0.35
Diluted Weighted Average Shares Outstanding	205M	290M	289M	289M	289M
Normalized Basic EPS	0.34	0.29	0.32	0.38	0.39
Normalized Diluted EPS	0.34	0.29	0.32	0.38	0.39
Dividend Per Share	0.27	0.27	0.26	0.26	0.26
Payout Ratio	58.77	101.73	70.99	70.73	75.86
Supplemental Items
Effective Tax Rate - (Ratio)	30.87	33.21	21.51	40.21	44.31
Total Current Taxes	39.92M	35.71M	46.97M	75.85M	81.9M
Total Deferred Taxes	-5.99M	-506K	-15.04M	-5.28M	-2.09M
Normalized Net Income	68.69M	83.59M	92.76M	110M	113M
Non-Cash Pension Expense	-	511K	2.62M	1.1M	919K
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	-	4.19M	2.28M	2.07M	2.67M
Stock-Based Comp., Other (Total)	3.01M	-	-	-	-
Total Stock-Based Compensation	3.01M	4.19M	2.28M	2.07M	2.67M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	400M	568M	702M	816M	980M
Investment Securities, Total	583M	635M	1.1B	975M	405M
Trading Asset Securities, Total	10.68M	11.65M	15.26M	35.82M	41.66M
Total investments	594M	647M	1.12B	1.01B	447M
Gross Loans	1.65B	1.99B	2.2B	2.61B	2.95B
Allowance For Loan Losses	-35.34M	-38.1M	-42.5M	-52.47M	-67.31M
Net Loans	1.61B	1.95B	2.16B	2.56B	2.88B
Gross Property Plant And Equipment	139M	160M	162M	166M	170M
Accumulated Depreciation	-52.48M	-69.11M	-78.82M	-93.85M	-101M
Net Property Plant And Equipment	86.27M	90.47M	82.84M	71.95M	69.3M
Goodwill	92.79M	92.79M	92.79M	92.79M	92.79M
Other Intangibles, Total	49.45M	48.66M	32.49M	27.61M	35.89M
Accrued Interest Receivable	-	-	-	-	-
Other Receivables	139M	34.75M	65.86M	88.63M	100M
Restricted Cash	186M	213M	383M	433M	523M
Other Current Assets, Total	6.98M	11.23M	14.76M	41.2M	48.8M
Deferred Tax Assets Long-Term (Collected)	16.48M	16.99M	32.09M	35.1M	36.8M
Other Long-Term Assets, Total	115M	112M	-	-	-
Total Assets	3.3B	3.79B	4.68B	5.18B	5.22B
Liabilities
Accounts Payable, Total	6.27M	2.32M	6.49M	4.74M	4.04M
Accrued Expenses, Total	23.94M	22.63M	36.71M	36.91M	34.96M
Interest Bearing Deposits	2.56B	3.04B	3.88B	4.34B	4.35B
Total Deposits	2.56B	3.04B	3.88B	4.34B	4.35B
Short-Term Borrowings	5.38M	4.7M	2.06M	13.91M	135K
Current Portion of Leases	11.83M	14.41M	11.87M	10.99M	12.21M
Long-Term Leases	35.51M	34.44M	29.84M	22.78M	19.27M
Current Income Taxes Payable	4.97M	11.7M	5.15M	11.46M	10.33M
Other Current Liabilities - (Bank / Utility Template)	29.07M	21.32M	28.08M	27.8M	22.14M
Unearned Revenue Non Current	1.68M	1.31M	521K	310K	175K
Deferred Tax Liability Non-Current	-	-	-	-	-
Other Non Current Liabilities	43.15M	59.28M	69.11M	65.54M	95.38M
Total Liabilities	2.72B	3.21B	4.07B	4.54B	4.55B
Common Stock, Total	395M	395M	395M	395M	397M
Retained Earnings	180M	178M	212M	243M	267M
Comprehensive Income and Other	2.77M	3.59M	4.5M	2.78M	1.88M
Total Common Equity	577M	577M	611M	640M	666M
Total Equity	577M	577M	611M	640M	666M
Total Liabilities And Equity	3.3B	3.79B	4.68B	5.18B	5.22B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	287M	287M	287M	287M	288M
ECS Total Common Shares Outstanding	287M	287M	287M	287M	288M
Book Value / Share	2.01	2.01	2.13	2.23	2.31
Tangible Book Value	435M	435M	486M	520M	538M
Tangible Book Value Per Share	1.52	1.52	1.69	1.81	1.87
Total Debt	52.73M	53.55M	43.77M	47.69M	31.62M
Deposits at Interest - Cash	281M	453M	282M	223M	353M
Net Debt	-358M	-526M	-673M	-804M	-990M
Full Time Employees	691	685	664	718	736
Number Of Offices	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	75.97M	70.81M	116M	105M	100M
Depreciation, Depletion & Amortization	20.53M	20.95M	22.06M	19.98M	21.29M
Amortization of Goodwill and Intangible Assets - (CF)	6.82M	6.23M	4.53M	-	-
Total Depreciation, Depletion & Amortization	27.35M	27.18M	26.59M	19.98M	21.29M
Amortization of Deferred Charges, Total	7.71M	9.22M	11.61M	9.97M	10.03M
(Gain) Loss On Sale of Asset - (CF)	-221K	-105K	-249K	-89K	-154K
(Gain) Loss on Sale of Investments - (CF)	-2.4M	-219K	-2.72M	-2.63M	-7.49M
Total Asset Writedown	-	-	-	-	-
Provision for Credit Losses	-	-	-	9.9M	18.15M
Stock-Based Compensation (CF)	711K	813K	917K	2.07M	2.67M
Change In Income Taxes	-	-	-	7.26M	-1.13M
Change In Deferred Taxes	-	-	-	-5.03M	-1.7M
Change in Other Net Operating Assets (Collected)	-177M	120M	444M	-43.42M	-443M
Other Operating Activities	-4.8M	18.87M	-18.73M	-3.45M	-10.16M
Cash from Operations	-72.87M	247M	578M	99.52M	-311M
Capital Expenditure	-22.92M	-28.43M	-14M	-12.82M	-27.33M
Sale of Property, Plant, and Equipment	264K	148K	306K	89K	154K
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	52.36M	-50.49M	-453M	-39.53M	549M
Other Investing Activities, Total	-	76.16M	-	1K	-
Cash from Investing	29.7M	-2.62M	-467M	-52.26M	521M
Long-Term Debt Repaid, Total	-	-	-	-11.84M	-12.45M
Total Debt Repaid	-	-	-	-11.84M	-12.45M
Issuance of Common Stock	218M	-	-	-	2.56M
Common Dividends Paid	-44.65M	-72.03M	-82.7M	-74.24M	-76.09M
Common & Preferred Stock Dividends Paid	-44.65M	-72.03M	-82.7M	-74.24M	-76.09M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	173M	-72.03M	-82.7M	-86.08M	-85.98M
Foreign Exchange Rate Adjustments	549K	-4.18M	-3.84M	2.18M	8.36M
Miscellaneous Cash Flow Adjustments	-	-	-	-1K	-
Net Change in Cash	130M	168M	25.15M	-36.65M	133M
Supplemental Items
Cash Interest Paid	27.38M	33.94M	29.97M	51.86M	50.63M
Cash Income Tax Paid (Refund)	36.2M	28.92M	54.44M	68.51M	82.44M
Net Debt Issued / Repaid	-	-	-	-11.84M	-12.45M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.41	2	2.75	2.13	1.93
Return On Equity %	16.8	12.28	19.61	16.8	15.35
Return on Common Equity	16.8	12.28	19.61	16.8	15.35
Shareholders Value Added	28.54M	7.84M	49.74M	29.99M	21.9M
Margin Analysis
SG&A Margin	56.12	54.96	54.29	51.37	53.94
Net Interest Income / Total Revenues %	58.02	54.26	50.23	51.74	47.81
EBT Excl. Non-Recurring Items Margin %	37.54	40.8	41.04	44.52	38.59
Income From Continuing Operations Margin %	25.95	21.6	32.21	26.62	21.49
Net Income Margin %	25.95	21.6	32.21	26.62	21.49
Net Avail. For Common Margin %	25.95	21.6	32.21	26.62	21.49
Normalized Net Income Margin	23.46	25.5	25.65	27.83	24.12
Asset quality
Nonperforming Loans / Total Loans %	8.59	4.35	8.71	6.36	11.1
Nonperforming Loans / Total Assets %	4.29	2.29	4.1	3.21	6.28
Nonperforming Assets / Total Assets %	4.29	2.29	4.1	3.21	6.28
NPAs / Loans and OREO	8.59	4.35	8.71	6.36	11.1
NPAs / Equity	24.55	15.01	31.35	25.98	49.17
Allowance for Credit Losses / Net Charge-offs %	685.91	1K	-57.43K	-24.87K	2.03K
Allowance for Credit Losses / Nonperforming Loans %	24.95	44.02	22.17	31.54	20.55
Allowance for Credit Losses / Total Loans %	2.14	1.92	1.93	2.01	2.28
Provision for Loan Losses / Net Charge-offs %	427.28	171.55	-6.52K	-4.69K	548.53
Capital And Funding
Total Average Common Equity / Total Average Assets %	14.36	16.28	14.03	12.68	12.57
Total Average Equity / Total Average Assets %	14.36	16.28	14.03	12.68	12.57
Total Equity + Allowance for Loan Losses / Total Loans %	37.11	30.91	29.7	26.5	24.86
Gross Loans / Total Deposits %	64.44	65.48	56.75	60.18	67.8
Net Loans / Total Deposits %	63.06	64.22	55.66	58.97	66.26
Tier 1 Capital Ratio %	22.2	18.3	15.7	15.1	14
Total Capital Ratio %	25.4	22.9	22.5	20	18.3
Tier 2 Capital Ratio	3.49	4.98	6.85	5.42	4.76
Coverage Ratio	72.54	44.02	22.17	31.54	20.55
Leverage Ratio %	11.2	9.2	7.5	7.6	7.9
Interbank Ratio	1.94K	3.59K	5.91K	388.1	113K
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	4.67	4.58	4.42	4.51	4.45
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	47.78	4.72	2.14	12.27	9.41
Non Interest Income, 1 Yr. Growth %	59.92	7.97	18.1	8.31	30.75
Provision For Loan Losses, 1 Yr. Growth %	289.98	-70.39	-25.99	105.18	83.34
Total Revenues, 1 Yr. Growth %	46.45	11.98	10.32	9.01	18.39
Earnings From Cont. Operations, 1 Yr. Growth %	24.81	-6.8	64.51	-9.89	-4.45
Net Income, 1 Yr. Growth %	24.81	-6.8	64.51	-9.89	-4.45
Normalized Net Income, 1 Yr. Growth %	32.6	21.69	10.97	18.27	2.6
Diluted EPS Before Extra, 1 Yr. Growth %	3.69	-34.19	65.44	-9.81	-4.67
Dividend Per Share, 1 Yr. Growth %	5.49	-0.56	-1.31	-3.03	1.95
Gross Loans, 1 Yr. Growth %	16.04	20.51	10.7	18.77	12.86
Allowance For Loan Losses, 1 Yr. Growth %	72.2	7.79	11.54	23.46	28.29
Net Loans, 1 Yr. Growth %	15.22	20.79	10.69	18.67	12.55
Non Performing Loans, 1 Yr. Growth %	183.08	77.65	121.43	-13.2	96.9
Non Performing Assets, 1 Yr. Growth %	183.08	77.65	121.43	-13.2	96.9
Total Assets, 1 Yr. Growth %	10.08	14.73	23.62	10.74	0.72
Total Deposits, 1 Yr Growth %	4.05	18.6	27.72	12.01	0.17
Tangible Book Value, 1 Yr. Growth %	134.72	0.09	11.69	7.42	3.38
Common Equity, 1 Yr. Growth %	76.31	-0.07	6.02	5.09	4.04
Total Equity, 1 Yr. Growth %	76.31	-0.07	6.02	5.09	4.04
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	39.01	24.4	3.42	7.09	10.83
Non Interest Income, 2 Yr. CAGR %	40.19	31.4	12.92	13.1	19
Provision For Loan Losses, 2 Yr. CAGR %	108.39	7.45	-53.19	23.23	93.96
Total Revenues, 2 Yr. CAGR %	36.74	28.06	11.15	9.66	13.6
Earnings From Cont. Operations, 2 Yr. CAGR %	25.69	7.86	23.82	21.75	-7.21
Net Income, 2 Yr. CAGR %	25.69	7.86	23.82	21.75	-7.21
Normalized Net Income, 2 Yr. CAGR %	25.71	27.03	16.21	14.56	10.16
Diluted EPS Before Extra, 2 Yr. CAGR %	13.3	-17.39	4.34	22.15	-7.28
Dividend Per Share, 2 Yr. CAGR %	10.33	2.42	-0.93	-2.17	-0.57
Gross Loans, 2 Yr. CAGR %	37.71	18.26	15.5	14.66	15.78
Allowance For Loan Losses, 2 Yr. CAGR %	38.41	36.25	9.65	17.35	25.85
Net Loans, 2 Yr. CAGR %	37.69	17.97	15.63	14.61	15.57
Non Performing Loans, 2 Yr. CAGR %	199	31.51	98.34	38.64	30.73
Non Performing Assets, 2 Yr. CAGR %	199	31.51	98.34	38.64	30.73
Total Assets, 2 Yr. CAGR %	40.9	12.38	19.1	16.97	5.61
Total Deposits, 2 Yr CAGR %	39.52	11.09	23.08	19.61	5.92
Tangible Book Value, 2 Yr. CAGR %	70.23	53.27	5.73	9.31	5.38
Common Equity, 2 Yr. CAGR %	46.39	32.74	2.93	5.38	4.56
Total Equity, 2 Yr. CAGR %	46.39	32.74	2.93	5.38	4.56
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	32.59	26.48	16.49	6.29	7.85
Non Interest Income, 3 Yr. CAGR %	55.37	28.5	26.81	11.36	18.7
Provision For Loan Losses, 3 Yr. CAGR %	87.94	8.74	-5.1	-23.39	40.68
Total Revenues, 3 Yr. CAGR %	39.35	27.93	21.85	10.43	12.5
Earnings From Cont. Operations, 3 Yr. CAGR %	48.91	13.76	24.15	11.38	12.3
Net Income, 3 Yr. CAGR %	48.91	13.76	24.15	11.38	12.3
Normalized Net Income, 3 Yr. CAGR %	39.32	24.36	21.43	16.89	10.43
Diluted EPS Before Extra, 3 Yr. CAGR %	38.66	-5.47	4.13	-0.61	12.46
Dividend Per Share, 3 Yr. CAGR %	21.49	6.57	1.16	-1.64	-0.82
Gross Loans, 3 Yr. CAGR %	30.32	31.72	15.68	16.58	14.06
Allowance For Loan Losses, 3 Yr. CAGR %	38.41	27.34	27.46	14.07	20.89
Net Loans, 3 Yr. CAGR %	30.16	31.81	15.49	16.64	13.92
Non Performing Loans, 3 Yr. CAGR %	130.04	76.11	56.45	50.58	55.84
Non Performing Assets, 3 Yr. CAGR %	130.04	76.11	56.45	50.58	55.84
Total Assets, 3 Yr. CAGR %	35.88	31.57	16.01	16.22	11.28
Total Deposits, 3 Yr CAGR %	35.94	32.17	16.38	19.27	12.74
Tangible Book Value, 3 Yr. CAGR %	43.87	42.61	37.93	6.14	7.29
Common Equity, 3 Yr. CAGR %	31	28.89	23.16	3.53	4.93
Total Equity, 3 Yr. CAGR %	31	28.89	23.16	3.53	4.93
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	31.59	22.21	20.05	18.34	14.19
Non Interest Income, 5 Yr. CAGR %	40.35	24.78	36.75	22.11	23.63
Provision For Loan Losses, 5 Yr. CAGR %	49.36	18.52	7.78	14.32	26.31
Total Revenues, 5 Yr. CAGR %	34.42	23.48	27.3	20.28	18.48
Earnings From Cont. Operations, 5 Yr. CAGR %	72.63	11.56	38.32	16.89	10.5
Net Income, 5 Yr. CAGR %	72.63	11.56	38.32	16.89	10.5
Normalized Net Income, 5 Yr. CAGR %	36.15	17.96	29.57	20.34	16.79
Diluted EPS Before Extra, 5 Yr. CAGR %	55.02	-0.49	23.76	4.74	-0.59
Dividend Per Share, 5 Yr. CAGR %	22.13	5.99	11.97	2.98	0.47
Gross Loans, 5 Yr. CAGR %	33.94	26.37	24.18	24.61	15.72
Allowance For Loan Losses, 5 Yr. CAGR %	32.26	26.01	26.1	23.25	26.81
Net Loans, 5 Yr. CAGR %	33.98	26.37	24.14	24.64	15.52
Non Performing Loans, 5 Yr. CAGR %	-	210.48	75.12	60.04	45.61
Non Performing Assets, 5 Yr. CAGR %	-	210.48	75.12	60.04	45.61
Total Assets, 5 Yr. CAGR %	27.32	24.5	28.9	25.52	11.72
Total Deposits, 5 Yr CAGR %	30.16	25.67	30.64	26.99	12.08
Tangible Book Value, 5 Yr. CAGR %	24.59	22.29	27.19	28.22	23.75
Common Equity, 5 Yr. CAGR %	18.74	17.46	18.95	18.92	15.28
Total Equity, 5 Yr. CAGR %	18.74	17.46	18.95	18.92	15.28