Hvidbjerg Bank A/S (CPH: HVID)

Hvidbjerg Bank Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	100.27	87.64	50.52	45.35	45.61	47.5
Interest Income on Investments	2.93	1.47	1.39	0.86	0.72	1.81
Total Interest Income	103.2	89.11	51.9	46.21	46.33	49.31
Interest Paid on Deposits	16.63	10.77	-0.62	-2.15	-0.29	1.95
Net Interest Income	86.56	78.34	52.53	48.36	46.62	47.36
Net Interest Income Growth (YoY)	37.52%	49.14%	8.63%	3.72%	-1.56%	2.16%
Gain (Loss) on Sale of Investments	7.76	8.83	5.18	4.46	1.49	8.61
Other Non-Interest Income	43.1	42.03	49.88	37.8	33.81	34.67
Total Non-Interest Income	50.86	50.86	55.06	42.26	35.3	43.28
Non-Interest Income Growth (YoY)	2.66%	-7.62%	30.27%	19.73%	-18.44%	52.58%
Revenues Before Loan Losses	137.43	129.2	107.58	90.62	81.92	90.63
Provision for Loan Losses	2.54	2.28	1.49	-0.92	3.5	3.66
Revenue	134.89	126.92	106.09	91.54	78.42	86.97
Revenue Growth (YoY)	21.98%	19.64%	15.90%	16.73%	-9.83%	18.06%
Occupancy Expenses	1.38	1.34	2.76	-0.45	1.45	0.84
Selling, General & Administrative	86.29	81.66	71.69	62.74	58.36	53.82
Other Non-Interest Expense	0.02	0.02	0.02	0.01	0.01	0.01
Total Non-Interest Expense	87.68	83.02	74.47	62.3	59.82	54.67
EBT Excluding Unusual Items	47.2	43.9	31.63	29.24	18.6	32.3
Pretax Income	47.2	43.9	31.63	29.24	18.6	32.3
Income Tax Expense	11.1	10.27	6.45	5.5	3.87	5.07
Net Income	36.1	33.63	25.17	23.74	14.73	27.23
Net Income to Common	36.1	33.63	25.17	23.74	14.73	27.23
Net Income Growth	47.13%	33.61%	6.02%	61.16%	-45.90%	64.82%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-0.00%	-0.46%	-0.24%	-2.59%	7.08%	-12.56%
EPS (Basic)	21.49	19.33	14.40	13.55	8.19	16.21
EPS (Diluted)	21.49	19.33	14.40	13.55	8.19	16.21
EPS Growth	47.13%	34.24%	6.27%	65.45%	-49.48%	88.49%
Effective Tax Rate	23.52%	23.39%	20.41%	18.79%	20.80%	15.70%

Source: S&P Capital IQ. Banks template. Financial Sources.