GrønlandsBANKEN 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	369.56	476.91	417.16	225.27	210.76
Interest Income on Investments	11.97	8.86	2.16	1.82	0.91
Total Interest Income	381.53	485.77	419.32	227.09	211.67
Interest Paid on Deposits	54.25	116.96	87.47	-17.96	-23.36
Net Interest Income	327.28	368.81	331.85	245.05	235.03
Net Interest Income Growth (YoY)	-11.26%	11.14%	35.42%	4.26%	-0.26%
Gain (Loss) on Sale of Investments	12.21	22.34	33.83	-45	6.45
Other Non-Interest Income	114.71	113.09	115.19	118.67	114.85
Total Non-Interest Income	126.92	135.43	149.02	73.67	121.3
Non-Interest Income Growth (YoY)	-6.28%	-9.12%	102.28%	-39.27%	25.86%
Revenues Before Loan Losses	454.2	504.24	480.87	318.72	356.34
Provision for Loan Losses	15.54	18.91	14.16	4.52	1.54
Revenue	438.67	485.33	466.71	314.19	354.8
Revenue Growth (YoY)	-9.62%	3.99%	48.54%	-11.45%	11.16%
Occupancy Expenses	2.98	2.81	2.39	2.67	2.55
Selling, General & Administrative	244.39	226.36	211.17	195.06	186.39
Other Non-Interest Expense	3.27	4.26	2.82	2.71	2.5
Total Non-Interest Expense	250.64	233.42	216.37	200.43	191.43
EBT Excluding Unusual Items	188.03	251.91	250.34	113.77	163.37
Asset Writedown	-6.64	-6.21	-5.77	-4.66	-4.47
Pretax Income	181.39	245.7	244.57	109.11	158.9
Income Tax Expense	0.54	36.69	52.18	10.36	26.07
Net Income	180.85	209.01	192.4	98.75	132.83
Net Income to Common	180.85	209.01	192.4	98.75	132.83
Net Income Growth	-13.47%	8.64%	94.83%	-25.66%	38.04%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	-0.04%	0.03%	0.06%	-0.06%	0.07%
EPS (Basic)	100.50	116.10	106.90	54.90	73.80
EPS (Diluted)	100.50	116.10	106.90	54.90	73.80
EPS Growth	-13.44%	8.61%	94.72%	-25.61%	37.94%
Dividend Per Share	80.000	100.000	55.000	20.000	40.000
Dividend Growth	-20.00%	81.82%	175.00%	-50.00%	60.00%
Effective Tax Rate	0.29%	14.93%	21.34%	9.50%	16.41%

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