Hvidbjerg Bank A/S (CPH:HVID)

Hvidbjerg Bank Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	100.42	87.64	50.52	45.35	45.61
Interest Income on Investments	2.93	1.47	1.39	0.86	0.72
Total Interest Income	103.34	89.11	51.9	46.21	46.33
Interest Paid on Deposits	18.61	10.77	-0.62	-2.15	-0.29
Net Interest Income	84.73	78.34	52.53	48.36	46.62
Net Interest Income Growth (YoY)	8.16%	49.14%	8.63%	3.72%	-1.56%
Gain (Loss) on Sale of Investments	7.32	8.83	5.18	4.46	1.49
Other Non-Interest Income	43.77	42.03	49.88	37.8	33.81
Total Non-Interest Income	51.09	50.86	55.06	42.26	35.3
Non-Interest Income Growth (YoY)	0.45%	-7.62%	30.27%	19.73%	-18.44%
Revenues Before Loan Losses	135.82	129.2	107.58	90.62	81.92
Provision for Loan Losses	-0.3	2.28	1.49	-0.92	3.5
Revenue	136.12	126.92	106.09	91.54	78.42
Revenue Growth (YoY)	7.24%	19.64%	15.90%	16.73%	-9.83%
Occupancy Expenses	1.46	1.34	2.76	-0.45	1.45
Selling, General & Administrative	89	81.66	71.69	62.74	58.36
Other Non-Interest Expense	0.02	0.02	0.02	0.01	0.01
Total Non-Interest Expense	90.47	83.02	74.47	62.3	59.82
EBT Excluding Unusual Items	45.64	43.9	31.63	29.24	18.6
Pretax Income	45.64	43.9	31.63	29.24	18.6
Income Tax Expense	11.16	10.27	6.45	5.5	3.87
Net Income	34.48	33.63	25.17	23.74	14.73
Preferred Dividends & Other Adjustments	1.45	1.16	-	-	-
Net Income to Common	33.03	32.47	25.17	23.74	14.73
Net Income Growth	2.52%	33.61%	6.02%	61.16%	-45.90%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	0.01%	-3.91%	-0.24%	-2.59%	7.08%
EPS (Basic)	19.66	19.33	14.40	13.55	8.19
EPS (Diluted)	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	-	-	-	-
Effective Tax Rate	24.46%	23.39%	20.41%	18.80%	20.80%

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