Nordfyns Bank A/S (CPH:NRDF)

Nordfyns 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	167.36	159.83	98.81	92.17	97.22	96.85
Interest Income on Investments	44.03	30.02	7.65	0.09	-0.81	5.4
Total Interest Income	211.39	189.85	106.46	92.26	96.4	102.26
Interest Paid on Deposits	38.28	21.42	7.2	5.56	5.42	5.26
Interest Paid on Borrowings	-	-	-10.23	-12.6	-6.75	-1.3
Total Interest Expense	38.28	21.42	-3.03	-7.04	-1.33	3.96
Net Interest Income	173.11	168.43	109.49	99.3	97.73	98.29
Net Interest Income Growth (YoY)	11.66%	53.84%	10.26%	1.61%	-0.57%	1.49%
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.14	0.18	-0.27	-0.14
Gain (Loss) on Sale of Investments	38.38	35.92	-21.65	10.03	10.14	89.62
Other Non-Interest Income	115.06	111.69	120.76	119.37	101.8	19.8
Total Non-Interest Income	153.43	147.6	98.96	129.58	111.67	109.28
Non-Interest Income Growth (YoY)	10.94%	49.15%	-23.63%	16.04%	2.18%	4.48%
Revenues Before Loan Losses	326.55	316.03	208.45	228.87	209.4	207.58
Provision for Loan Losses	-15	-5.4	7.26	-24.97	22.88	10.77
Revenue	341.55	321.43	201.18	253.84	186.51	196.8
Revenue Growth (YoY)	18.63%	59.77%	-20.74%	36.10%	-5.23%	6.03%
Occupancy Expenses	8.42	8.49	10.86	9.34	8.92	6.64
Selling, General & Administrative	173.43	159.76	152.55	141.42	129.95	129.55
Other Non-Interest Expense	9.44	9.29	9.61	8.82	8.4	7.75
Total Non-Interest Expense	191.27	177.53	173	159.57	147.25	143.93
EBT Excluding Unusual Items	150.28	143.91	28.18	94.27	39.27	52.87
Asset Writedown	-0.49	-0.49	2.91	-0.62	-1.95	-0.4
Pretax Income	149.8	143.42	31.09	93.65	37.32	52.47
Income Tax Expense	36.47	33.15	5.67	18.86	7.15	9.93
Net Income	113.32	110.27	25.42	74.79	30.17	42.55
Preferred Dividends & Other Adjustments	3.25	3.25	3.25	3.25	1.59	-
Net Income to Common	110.07	107.02	22.17	71.53	28.59	42.55
Net Income Growth	30.36%	333.75%	-66.01%	147.88%	-29.09%	19.26%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	2.21%	-	-	-	-	-
EPS (Basic)	67.13	65.14	13.50	43.54	17.40	25.90
EPS (Diluted)	67.09	65.10	13.50	43.50	17.40	25.90
EPS Growth	28.62%	382.34%	-68.97%	150.01%	-32.82%	19.26%
Dividend Per Share	17.000	17.000	-	-	-	-
Effective Tax Rate	24.35%	23.11%	18.24%	20.14%	19.16%	18.92%

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