Hvidbjerg Bank 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	89.85	100.42	87.64	50.52	45.35	45.61
Interest Income on Investments	6.52	2.93	1.47	1.39	0.86	0.72
Total Interest Income	96.36	103.34	89.11	51.9	46.21	46.33
Interest Paid on Deposits	11.22	18.61	10.77	-0.62	-2.15	-0.29
Net Interest Income	85.14	84.73	78.34	52.53	48.36	46.62
Net Interest Income Growth (YoY)	-1.00%	8.16%	49.14%	8.63%	3.72%	-1.56%
Gain (Loss) on Sale of Investments	7.32	7.32	8.83	5.18	4.46	1.49
Other Non-Interest Income	45.74	43.77	42.03	49.88	37.8	33.81
Total Non-Interest Income	53.05	51.09	50.86	55.06	42.26	35.3
Non-Interest Income Growth (YoY)	0.40%	0.45%	-7.62%	30.27%	19.73%	-18.44%
Revenues Before Loan Losses	138.19	135.82	129.2	107.58	90.62	81.92
Provision for Loan Losses	1.68	-0.3	2.28	1.49	-0.92	3.5
Revenue	136.51	136.12	126.92	106.09	91.54	78.42
Revenue Growth (YoY)	-0.74%	7.24%	19.64%	15.90%	16.73%	-9.83%
Occupancy Expenses	1.6	1.46	1.34	2.76	-0.45	1.45
Selling, General & Administrative	93.97	89	81.66	71.69	62.74	58.36
Other Non-Interest Expense	0.01	0.02	0.02	0.02	0.01	0.01
Total Non-Interest Expense	95.58	90.47	83.02	74.47	62.3	59.82
EBT Excluding Unusual Items	40.94	45.64	43.9	31.63	29.24	18.6
Pretax Income	40.94	45.64	43.9	31.63	29.24	18.6
Income Tax Expense	9.04	11.16	10.27	6.45	5.5	3.87
Net Income	31.9	34.48	33.63	25.17	23.74	14.73
Preferred Dividends & Other Adjustments	1.45	1.45	1.16	-	-	-
Net Income to Common	30.45	33.03	32.47	25.17	23.74	14.73
Net Income Growth	-12.90%	2.52%	33.61%	6.02%	61.16%	-45.90%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-	0.01%	-3.91%	-0.24%	-2.59%	7.08%
EPS (Basic)	18.12	19.66	19.33	14.40	13.55	8.19
EPS (Diluted)	18.12	19.66	19.33	14.40	13.55	8.19
EPS Growth	-	1.71%	34.24%	6.27%	65.45%	-49.48%
Dividend Per Share	2.000	2.000	-	-	-	-
Effective Tax Rate	22.08%	24.46%	23.39%	20.41%	18.80%	20.80%

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