Lån & Spar 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	1,281	1,488	1,230	527.63	443.01	462.94
Interest Income on Investments	3.62	3.39	2.67	2.65	2.18	-0.37
Total Interest Income	1,285	1,491	1,233	530.28	445.18	462.56
Interest Paid on Deposits	363.71	505.39	337.35	55.18	29.74	65.01
Net Interest Income	920.88	985.58	895.47	475.1	415.44	397.55
Net Interest Income Growth (YoY)	-7.85%	10.06%	88.48%	14.36%	4.50%	1.79%
Gain (Loss) on Sale of Investments	73.6	75.06	126.68	9.67	20.29	41.45
Other Non-Interest Income	617.82	573.74	521.42	599.21	540.64	456.19
Total Non-Interest Income	691.42	648.8	648.1	608.88	560.93	497.64
Non-Interest Income Growth (YoY)	1.37%	0.11%	6.44%	8.55%	12.72%	1.57%
Revenues Before Loan Losses	1,612	1,634	1,544	1,084	976.37	895.19
Provision for Loan Losses	54.06	74.47	68.38	66.49	-5.54	38.07
Revenue	1,558	1,560	1,475	1,017	981.9	857.12
Revenue Growth (YoY)	-3.67%	5.74%	44.98%	3.62%	14.56%	1.17%
Occupancy Expenses	84.84	70.95	80.08	72.84	64.52	49.86
Selling, General & Administrative	881.24	823.19	714.31	652.87	615.57	564.16
Other Non-Interest Expense	53.36	54.25	48.85	45.88	44.11	41.57
Total Non-Interest Expense	1,009	940.6	836.71	765.29	715.91	648.97
EBT Excluding Unusual Items	548.76	619.31	638.48	252.2	265.99	208.15
Asset Writedown	-	-	-10.49	0.28	-10.6	-12.8
Pretax Income	548.76	619.31	627.99	252.48	255.39	195.35
Income Tax Expense	135.47	156.74	154.97	49.44	52.91	42.18
Net Income	413.29	462.57	473.02	203.03	202.48	153.17
Net Income to Common	413.29	462.57	473.02	203.03	202.48	153.17
Net Income Growth	-19.02%	-2.21%	132.98%	0.27%	32.19%	-12.60%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	0.11%	0.14%	-0.12%	-	0.14%	-0.03%
EPS (Basic)	119.47	133.77	136.99	58.73	58.57	44.37
EPS (Diluted)	119.47	133.77	136.99	58.73	58.57	44.37
EPS Growth	-19.11%	-2.35%	133.25%	0.27%	32.00%	-12.57%
Dividend Per Share	20.000	20.000	20.000	10.000	10.000	8.000
Dividend Growth	-	-	100.00%	-	25.00%	-20.00%
Effective Tax Rate	24.69%	25.31%	24.68%	19.58%	20.72%	21.59%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.