Danske Andelskassers Bank Income Statement

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

Millions DKK. 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	547.67	625.4	549.29	294.07	270.83
Interest Income on Investments	57.02	22.91	10.88	10.79	6.27
Total Interest Income	604.69	648.31	560.17	304.86	277.1
Interest Paid on Deposits	68.3	110.83	61.58	-13.56	-32.63
Net Interest Income	536.39	537.48	498.59	318.41	309.73
Net Interest Income Growth (YoY)	-0.20%	7.80%	56.58%	2.80%	-1.42%
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.04	0.03	0.12
Gain (Loss) on Sale of Investments	25.14	86.44	87.41	-48.05	60.98
Other Non-Interest Income	291.73	271.14	280.15	313.51	291.62
Total Non-Interest Income	316.87	357.57	367.52	265.49	352.72
Non-Interest Income Growth (YoY)	-11.38%	-2.71%	38.43%	-24.73%	19.36%
Revenues Before Loan Losses	853.26	895.05	866.11	583.9	662.45
Provision for Loan Losses	-10.62	-21.2	70.22	-29.64	-14.57
Revenue	863.87	916.25	795.89	613.55	677.02
Revenue Growth (YoY)	-5.72%	15.12%	29.72%	-9.38%	16.13%
Occupancy Expenses	21.62	21.06	9.49	9.28	10.17
Selling, General & Administrative	521	500.24	444.08	427.82	430.64
Other Non-Interest Expense	48.35	39.36	37.48	33.2	34.14
Total Non-Interest Expense	590.97	560.66	491.05	470.29	474.95
EBT Excluding Unusual Items	272.9	355.6	304.85	143.25	202.07
Asset Writedown	-	-0.96	-1	1.79	-0.05
Pretax Income	272.9	354.64	303.85	145.05	202.02
Income Tax Expense	-0.78	68.05	8.23	-4.21	4.48
Net Income	273.68	286.59	295.61	149.25	197.54
Preferred Dividends & Other Adjustments	15.66	16.38	16.38	16.38	19.99
Net Income to Common	258.02	270.22	279.24	132.88	177.55
Net Income Growth	-4.50%	-3.05%	98.06%	-24.45%	74.72%
Basic Shares Outstanding	223	223	215	186	186
Diluted Shares Outstanding	223	223	215	186	186
Shares Change (YoY)	-0.04%	3.84%	15.60%	0.15%	2.62%
EPS (Basic)	1.16	1.21	1.30	0.72	0.96
EPS (Diluted)	1.16	1.21	1.30	0.70	0.96
EPS Growth	-4.47%	-6.81%	85.70%	-26.85%	100.15%
Dividend Per Share	0.350	0.360	0.370	0.180	0.290
Dividend Growth	-2.78%	-2.70%	105.56%	-37.93%	-
Effective Tax Rate	-	19.19%	2.71%	-	2.22%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.