GrønlandsBANKEN Income Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	356.55	369.56	476.91	417.16	225.27	210.76
Interest Income on Investments	11.72	11.97	8.86	2.16	1.82	0.91
Total Interest Income	368.27	381.53	485.77	419.32	227.09	211.67
Interest Paid on Deposits	43.42	54.25	116.96	87.47	-17.96	-23.36
Net Interest Income	324.85	327.28	368.81	331.85	245.05	235.03
Net Interest Income Growth	-6.53%	-11.26%	11.14%	35.42%	4.26%	-0.26%
Gain (Loss) on Sale of Investments	12.21	12.21	22.34	33.83	-45	6.45
Other Non-Interest Income	117.32	114.71	113.09	115.19	118.67	114.85
Total Non-Interest Income	129.53	126.92	135.43	149.02	73.67	121.3
Non-Interest Income Growth	-4.12%	-6.28%	-9.12%	102.28%	-39.27%	25.86%
Revenues Before Loan Losses	454.38	454.2	504.24	480.87	318.72	356.34
Provision for Loan Losses	4.89	15.54	18.91	14.16	4.52	1.54
Revenue	449.48	438.67	485.33	466.71	314.19	354.8
Revenue Growth	-2.39%	-9.62%	3.99%	48.54%	-11.45%	11.16%
Occupancy Expenses	3.2	2.98	2.81	2.39	2.67	2.55
Selling, General & Administrative	242.44	244.39	226.36	211.17	195.06	186.39
Other Non-Interest Expense	2.8	3.27	4.26	2.82	2.71	2.5
Total Non-Interest Expense	248.44	250.64	233.42	216.37	200.43	191.43
EBT Excluding Unusual Items	201.04	188.03	251.91	250.34	113.77	163.37
Asset Writedown	-6.64	-6.64	-6.21	-5.77	-4.66	-4.47
Pretax Income	194.4	181.39	245.7	244.57	109.11	158.9
Income Tax Expense	12.79	0.54	36.69	52.18	10.36	26.07
Net Income	181.61	180.85	209.01	192.4	98.75	132.83
Net Income to Common	181.61	180.85	209.01	192.4	98.75	132.83
Net Income Growth	-10.30%	-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	-	-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%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Dividend Per Share	80.000	80.000	100.000	55.000	20.000	40.000
Dividend Growth	-20.00%	-20.00%	81.82%	175.00%	-50.00%	60.00%
Effective Tax Rate	6.58%	0.29%	14.93%	21.34%	9.50%	16.41%