Flekkefjord Sparebank Income Statement

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

Millions NOK. 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	655.08	576.96	439.29	237.88	145.94
Interest Income on Investments	13.74	12.11	13.47	12.94	13.4
Total Interest Income	668.81	589.07	452.76	250.81	159.34
Interest Paid on Deposits	408.32	343.37	230.73	85.2	43.15
Total Interest Expense	408.32	343.37	230.73	85.2	43.15
Net Interest Income	260.49	245.7	222.03	165.61	116.19
Net Interest Income Growth (YoY)	6.02%	10.66%	34.06%	42.54%	24.88%
Gain (Loss) on Sale of Investments	-	-	-	9.48	15.73
Other Non-Interest Income	75.13	60.31	36.08	18.18	13.94
Total Non-Interest Income	75.13	60.31	36.08	27.66	29.67
Non-Interest Income Growth (YoY)	24.58%	67.15%	30.46%	-6.79%	5.22%
Revenues Before Loan Losses	335.63	306.01	258.11	193.27	145.86
Provision for Loan Losses	9.46	12.77	7.7	17.98	2.42
Revenue	326.17	293.24	250.41	175.29	143.44
Revenue Growth (YoY)	11.23%	17.10%	42.85%	22.20%	33.12%
Salaries and Employee Benefits	97.78	81.91	68.86	55.23	44.42
Occupancy Expenses	9.94	8.16	9.28	7.21	4.04
Selling, General & Administrative	-	5.55	5.17	5.27	3.4
Other Non-Interest Expense	58.8	46.39	39.31	33.51	26.93
Total Non-Interest Expense	166.51	142.01	122.63	101.22	78.79
EBT Excluding Unusual Items	159.66	151.22	127.78	74.07	64.65
Pretax Income	159.66	151.22	127.78	74.07	64.65
Income Tax Expense	32.97	27.52	26.31	12.8	8.45
Net Income	126.69	123.7	101.46	61.27	56.2
Net Income to Common	126.69	123.7	101.46	61.27	56.2
Net Income Growth	2.42%	21.92%	65.60%	9.03%	61.48%
Basic Shares Outstanding	1	2	-	-	-
Diluted Shares Outstanding	1	2	-	-	-
Shares Change (YoY)	-0.10%	-	-	-	-
EPS (Basic)	84.54	82.47	-	-	-
EPS (Diluted)	84.54	82.47	-	-	-
EPS Growth	2.52%	-	-	-	-
Dividend Per Share	6.400	4.600	-	-	-
Dividend Growth	39.13%	-	-	-	-
Effective Tax Rate	20.65%	18.20%	20.59%	17.28%	13.07%

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