Van Lanschot Kempen NV Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	370.83	405.53	347.24	220.96	205.56
Interest Income on Investments	247.99	260.99	179.42	33.21	28.35
Total Interest Income	618.82	666.52	526.65	254.17	233.91
Interest Paid on Deposits	204.97	276.79	183.73	64.73	50.06
Interest Paid on Borrowings	249.72	214.27	146.12	37.82	35.4
Total Interest Expense	454.68	491.06	329.85	102.55	85.46
Net Interest Income	164.14	175.46	196.81	151.62	148.45
Net Interest Income Growth (YoY)	-6.45%	-10.85%	29.80%	2.14%	-2.20%
Gain (Loss) on Sale of Investments	0.09	-0.82	-1.63	-2.61	9.28
Gain (Loss) on Sale of Equity Investments	6.92	6.41	32.24	16.37	28.74
Other Non-Interest Income	587.88	543.55	441.96	412.94	418.39
Total Non-Interest Income	594.89	549.15	472.57	426.69	456.41
Non-Interest Income Growth (YoY)	8.33%	16.20%	10.75%	-6.51%	56.87%
Revenues Before Loan Losses	759.03	724.61	669.37	578.32	604.86
Provision for Loan Losses	-4.21	-1.44	2.03	-14.55	-11.68
Revenue	763.24	726.04	667.35	592.87	616.54
Revenue Growth (YoY)	5.12%	8.80%	12.56%	-3.84%	39.85%
Salaries and Employee Benefits	352.37	338.12	321.41	316.79	279.81
Occupancy Expenses	19.73	17.97	32.99	31.54	29.4
Selling, General & Administrative	149.41	160.14	148.77	117.3	128.58
Other Non-Interest Expense	-0	-0	-	-0	-
Total Non-Interest Expense	521.51	516.23	503.17	465.63	437.79
EBT Excluding Unusual Items	241.74	209.81	164.17	127.24	178.75
Asset Writedown	-	-	-	-8.26	-0.3
Other Unusual Items	-23.1	-16.3	-	-	-
Pretax Income	216.04	193.51	164.17	118.98	178.45
Income Tax Expense	58.6	51.57	39.02	34.68	34.64
Earnings From Continuing Operations	157.43	141.94	125.16	84.3	143.81
Minority Interest in Earnings	-0.13	-0.19	0.04	-0.15	-0.07
Net Income	157.31	141.75	125.2	84.16	143.73
Preferred Dividends & Other Adjustments	8.88	9.9	6.75	6.75	6.75
Net Income to Common	148.43	131.86	118.45	77.41	136.98
Net Income Growth	10.97%	13.22%	48.77%	-41.45%	188.86%
Basic Shares Outstanding	42	42	42	41	41
Diluted Shares Outstanding	43	43	43	43	41
Shares Change (YoY)	0.49%	-0.02%	0.08%	3.66%	-0.31%
EPS (Basic)	3.50	3.11	2.82	1.90	3.35
EPS (Diluted)	3.47	3.10	2.78	1.82	3.34
EPS Growth	11.94%	11.51%	52.75%	-45.51%	218.32%
Dividend Per Share	3.000	2.750	2.000	1.750	2.000
Dividend Growth	9.09%	37.50%	14.29%	-12.50%	185.71%
Effective Tax Rate	27.13%	26.65%	23.77%	29.15%	19.41%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.