Van Lanschot Kempen NV (AMS:VLK)

Van Lanschot Kempen NV Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	405.53	347.24	220.96	205.56	212.54
Interest Income on Investments	260.99	179.42	33.21	28.35	28.06
Total Interest Income	666.52	526.65	254.17	233.91	240.59
Interest Paid on Deposits	276.79	183.73	64.73	50.06	46.01
Interest Paid on Borrowings	214.27	146.12	37.82	35.4	42.79
Total Interest Expense	491.06	329.85	102.55	85.46	88.8
Net Interest Income	175.46	196.81	151.62	148.45	151.79
Net Interest Income Growth (YoY)	-10.85%	29.80%	2.14%	-2.20%	-13.21%
Gain (Loss) on Sale of Investments	-0.82	-1.63	-2.61	9.28	0.18
Gain (Loss) on Sale of Equity Investments	6.41	32.24	16.37	28.74	12.78
Other Non-Interest Income	543.55	441.96	412.94	418.39	277.99
Total Non-Interest Income	549.15	472.57	426.69	456.41	290.95
Non-Interest Income Growth (YoY)	16.20%	10.75%	-6.51%	56.87%	-23.11%
Revenues Before Loan Losses	724.61	669.37	578.32	604.86	442.74
Provision for Loan Losses	-1.44	2.03	-14.55	-11.68	1.87
Revenue	726.04	667.35	592.87	616.54	440.87
Revenue Growth (YoY)	8.80%	12.56%	-3.84%	39.85%	-22.02%
Salaries and Employee Benefits	349.56	334.73	316.79	279.81	246.72
Occupancy Expenses	17.97	32.99	31.54	29.4	24.71
Selling, General & Administrative	142	135.45	117.3	128.58	115.22
Other Non-Interest Expense	-0	-	-0	-	-
Total Non-Interest Expense	509.53	503.17	465.63	437.79	386.66
EBT Excluding Unusual Items	216.51	164.17	127.24	178.75	54.21
Asset Writedown	-	-	-8.26	-0.3	-
Other Unusual Items	-19.5	-	-	-	-
Pretax Income	193.51	164.17	118.98	178.45	54.21
Income Tax Expense	51.57	39.02	34.68	34.64	4.37
Earnings From Continuing Operations	141.94	125.16	84.3	143.81	49.84
Minority Interest in Earnings	-0.19	0.04	-0.15	-0.07	-0.09
Net Income	141.75	125.2	84.16	143.73	49.76
Preferred Dividends & Other Adjustments	9.9	6.75	6.75	6.75	6.75
Net Income to Common	131.86	118.45	77.41	136.98	43.01
Net Income Growth	13.22%	48.77%	-41.45%	188.86%	-49.22%
Basic Shares Outstanding	42	42	41	41	41
Diluted Shares Outstanding	43	43	43	41	41
Shares Change (YoY)	-0.02%	0.08%	3.66%	-0.31%	10187.83%
EPS (Basic)	3.11	2.82	1.90	3.35	1.05
EPS (Diluted)	3.10	2.78	1.82	3.34	1.05
EPS Growth	11.51%	52.75%	-45.51%	218.32%	-99.55%
Dividend Per Share	2.750	2.000	1.750	2.000	0.700
Dividend Growth	37.50%	14.29%	-12.50%	185.71%	-99.53%
Effective Tax Rate	26.65%	23.77%	29.15%	19.41%	8.06%

Source: S&P Capital IQ. Banks template. Financial Sources.