Føroya Banki Income Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	519.26	588.14	482.45	308.82	287.98	297.91
Interest Income on Investments	60.84	52.41	44.49	6.48	3.43	3.27
Total Interest Income	580.1	640.56	526.94	315.29	291.41	301.18
Interest Paid on Deposits	168.93	186.31	101.36	34.48	19.4	19.69
Net Interest Income	411.17	454.25	425.58	280.81	272.01	281.49
Net Interest Income Growth (YoY)	-11.24%	6.74%	51.55%	3.23%	-3.37%	7.22%
Gain (Loss) on Sale of Assets	3.7	0.64	0.12	0.03	0.19	0.04
Gain (Loss) on Sale of Investments	37.16	43.11	52.78	-65.57	-6.93	-21.85
Other Non-Interest Income	156.32	137.79	138.62	169.65	135.4	116.97
Total Non-Interest Income	197.18	181.54	191.52	104.11	128.66	95.16
Non-Interest Income Growth (YoY)	-5.16%	-5.21%	83.96%	-19.08%	35.20%	-21.95%
Revenues Before Loan Losses	608.35	635.79	617.09	384.92	400.67	376.66
Provision for Loan Losses	-13.04	-1.07	-10.04	-46.63	-76.56	-4.96
Revenue	621.39	636.86	627.14	431.54	477.23	381.62
Revenue Growth (YoY)	-5.24%	1.55%	45.32%	-9.57%	25.05%	-15.84%
Occupancy Expenses	9.03	9.09	7.43	3.45	6.5	7.59
Selling, General & Administrative	258.3	248.37	243.67	225.64	232.57	244.34
Other Non-Interest Expense	0.39	1.53	1.81	1.26	0.98	0.66
Total Non-Interest Expense	263.31	254.38	247.81	224.97	238.92	252.25
EBT Excluding Unusual Items	358.08	382.48	379.33	206.58	238.3	129.37
Pretax Income	358.08	382.48	379.33	206.58	238.3	129.37
Income Tax Expense	68.07	72.05	71.8	42.17	44.95	26.22
Earnings From Continuing Operations	290.02	310.43	307.53	164.41	193.36	103.15
Earnings From Discontinued Operations	-	-	-	-	78.98	63.04
Net Income	290.02	310.43	307.53	164.41	272.34	166.19
Net Income to Common	290.02	310.43	307.53	164.41	272.34	166.19
Net Income Growth	-11.21%	0.94%	87.06%	-39.63%	63.88%	-19.57%
Basic Shares Outstanding	10	10	10	10	10	10
Diluted Shares Outstanding	10	10	10	10	10	10
Shares Change (YoY)	-0.03%	-	-	0.03%	0.26%	0.62%
EPS (Basic)	30.29	32.42	32.12	17.17	28.45	17.41
EPS (Diluted)	30.29	32.42	32.12	17.17	28.45	17.41
EPS Growth	-11.20%	0.93%	87.07%	-39.65%	63.43%	-20.07%
Dividend Per Share	36.460	36.460	8.330	26.040	40.200	5.000
Dividend Growth	337.69%	337.69%	-68.01%	-35.22%	704.00%	-
Effective Tax Rate	19.01%	18.84%	18.93%	20.41%	18.86%	20.26%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.