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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,177	1,215	1,488	1,230	527.63	443.01
Interest Income on Investments	4.12	4.08	3.39	2.67	2.65	2.18
Total Interest Income	1,181	1,219	1,491	1,233	530.28	445.18
Interest Paid on Deposits	289.81	319.03	505.39	337.35	55.18	29.74
Net Interest Income	891.58	899.77	985.58	895.47	475.1	415.44
Net Interest Income Growth (YoY)	-7.67%	-8.71%	10.06%	88.48%	14.36%	4.50%
Gain (Loss) on Sale of Investments	76.38	76.38	75.06	126.68	9.67	20.29
Other Non-Interest Income	637.21	634.45	573.74	521.42	599.21	540.64
Total Non-Interest Income	713.6	710.84	648.8	648.1	608.88	560.93
Non-Interest Income Growth (YoY)	10.05%	9.56%	0.11%	6.44%	8.55%	12.72%
Revenues Before Loan Losses	1,605	1,611	1,634	1,544	1,084	976.37
Provision for Loan Losses	16.99	35.23	74.47	68.38	66.49	-5.54
Revenue	1,588	1,575	1,560	1,475	1,017	981.9
Revenue Growth (YoY)	2.39%	0.99%	5.74%	44.98%	3.62%	14.56%
Occupancy Expenses	78.35	80.12	70.52	80.08	72.84	64.52
Selling, General & Administrative	927.73	902.11	823.19	714.31	652.87	615.57
Other Non-Interest Expense	57.92	58.22	54.25	48.85	45.88	44.11
Total Non-Interest Expense	1,053	1,030	940.17	836.71	765.29	715.91
EBT Excluding Unusual Items	535.26	545.15	619.74	638.48	252.2	265.99
Asset Writedown	-7.9	-7.9	-0.43	-10.49	0.28	-10.6
Pretax Income	527.36	537.25	619.31	627.99	252.48	255.39
Income Tax Expense	120.09	125.92	156.74	154.97	49.44	52.91
Net Income	407.27	411.33	462.57	473.02	203.03	202.48
Net Income to Common	407.27	411.33	462.57	473.02	203.03	202.48
Net Income Growth	-6.93%	-11.08%	-2.21%	132.98%	0.27%	32.19%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	-0.06%	0.09%	0.14%	-0.12%	-	0.14%
EPS (Basic)	117.76	118.85	133.77	136.99	58.73	58.57
EPS (Diluted)	117.76	118.85	133.77	136.99	58.73	58.57
EPS Growth	-6.88%	-11.15%	-2.35%	133.25%	0.27%	32.00%
Dividend Per Share	20.000	20.000	20.000	20.000	10.000	10.000
Dividend Growth	-	-	-	100.00%	-	25.00%
Effective Tax Rate	22.77%	23.44%	25.31%	24.68%	19.58%	20.72%

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