Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING - Results by segment (Details)

v3.23.3
SEGMENT REPORTING - Results by segment (Details) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Segment Reporting Information [Line Items]    
Fee and commission income $ 98,703 $ 89,446
Net gain/(loss) on trading securities 31,816 4,433
Interest income 149,349 48,563
Insurance underwriting income 44,889 24,241
Net gain/(loss) on foreign exchange operations 19,301 4,593
Net (loss)/gain on derivative (30,605) 1,266
Other income/(expense) 2,757 (32)
TOTAL REVENUE, NET 316,210 172,510
Fee and commission expense 28,684 23,315
Interest expense 95,046 40,071
Insurance claims incurred, net of reinsurance 21,514 16,692
Payroll and bonuses 31,630 16,413
Professional services 6,625 4,255
Stock compensation expense 1,233 1,876
Advertising expense 8,100 3,837
General and administrative expense 24,475 11,618
Allowance for credit losses 14,326 2,428
TOTAL EXPENSE 231,633 120,505
INCOME BEFORE INCOME TAX 84,577 52,005
Income tax expense (16,656) (8,879)
INCOME FROM CONTINUING OPERATIONS 67,921 43,126
Central Asia and Eastern Europe    
Segment Reporting Information [Line Items]    
Fee and commission income 73,385 8,250
Net gain/(loss) on trading securities 31,594 21,589
Interest income 142,038 39,852
Insurance underwriting income 44,889 24,241
Net gain/(loss) on foreign exchange operations 19,923 4,267
Net (loss)/gain on derivative (30,778) 1,266
Other income/(expense) 1,732 (93)
TOTAL REVENUE, NET 282,783 99,372
Fee and commission expense 23,798 10,714
Interest expense 86,664 31,968
Insurance claims incurred, net of reinsurance 21,514 16,692
Payroll and bonuses 24,167 11,730
Professional services 562 721
Stock compensation expense 829 1,101
Advertising expense 3,731 2,149
General and administrative expense 16,028 5,066
Allowance for credit losses 13,771 2,431
TOTAL EXPENSE 191,064 82,572
INCOME BEFORE INCOME TAX 91,719 16,800
Income tax expense (27) (61)
INCOME FROM CONTINUING OPERATIONS 91,692 16,739
Europe, excluding Eastern Europe    
Segment Reporting Information [Line Items]    
Fee and commission income 19,166 80,062
Net gain/(loss) on trading securities 214 (15,425)
Interest income 5,914 4,269
Insurance underwriting income 0 0
Net gain/(loss) on foreign exchange operations (320) 570
Net (loss)/gain on derivative 173 0
Other income/(expense) 217 (2)
TOTAL REVENUE, NET 25,364 69,474
Fee and commission expense 4,572 12,427
Interest expense 6,812 2,696
Insurance claims incurred, net of reinsurance 0 0
Payroll and bonuses 4,754 2,732
Professional services 2,738 1,272
Stock compensation expense 91 156
Advertising expense 4,026 1,681
General and administrative expense 4,029 5,724
Allowance for credit losses 552 0
TOTAL EXPENSE 27,574 26,688
INCOME BEFORE INCOME TAX (2,210) 42,786
Income tax expense (2,430) (7,223)
INCOME FROM CONTINUING OPERATIONS (4,640) 35,563
The United States    
Segment Reporting Information [Line Items]    
Fee and commission income 6,152 1,134
Net gain/(loss) on trading securities (173) (1,731)
Interest income 1,387 4,442
Insurance underwriting income 0 0
Net gain/(loss) on foreign exchange operations (362) (234)
Net (loss)/gain on derivative 0 0
Other income/(expense) 838 6
TOTAL REVENUE, NET 7,842 3,617
Fee and commission expense 265 153
Interest expense 1,570 5,407
Insurance claims incurred, net of reinsurance 0 0
Payroll and bonuses 2,293 1,745
Professional services 3,280 2,206
Stock compensation expense 313 619
Advertising expense 95 7
General and administrative expense 4,113 690
Allowance for credit losses 3 (3)
TOTAL EXPENSE 11,932 10,824
INCOME BEFORE INCOME TAX (4,090) (7,207)
Income tax expense (14,199) (1,605)
INCOME FROM CONTINUING OPERATIONS (18,289) (8,812)
Middle East/Caucasus    
Segment Reporting Information [Line Items]    
Fee and commission income 0 0
Net gain/(loss) on trading securities 181 0
Interest income 10 0
Insurance underwriting income 0 0
Net gain/(loss) on foreign exchange operations 60 (10)
Net (loss)/gain on derivative 0 0
Other income/(expense) (30) 57
TOTAL REVENUE, NET 221 47
Fee and commission expense 49 21
Interest expense 0 0
Insurance claims incurred, net of reinsurance 0 0
Payroll and bonuses 416 206
Professional services 45 56
Stock compensation expense 0 0
Advertising expense 248 0
General and administrative expense 305 138
Allowance for credit losses 0 0
TOTAL EXPENSE 1,063 421
INCOME BEFORE INCOME TAX (842) (374)
Income tax expense 0 10
INCOME FROM CONTINUING OPERATIONS $ (842) $ (364)