Ringkjøbing Landbobank A/S (CPH: RILBA)

Ringkjøbing Landbobank 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	3,834	3,326	1,866	1,460	1,373	1,299
Interest Income on Investments	118.67	90.21	99.64	77.11	71.24	70.41
Total Interest Income	3,952	3,416	1,965	1,537	1,444	1,370
Interest Paid on Deposits	1,096	785.98	185.17	103.08	120.91	131.14
Net Interest Income	2,856	2,630	1,780	1,434	1,324	1,239
Net Interest Income Growth (YoY)	17.59%	47.71%	24.16%	8.34%	6.85%	29.83%
Gain (Loss) on Sale of Assets	-	-	-	5.49	-	-
Gain (Loss) on Sale of Investments	295.04	217.22	-101.08	90.24	87.1	132.72
Other Non-Interest Income	1,044	977.95	1,124	920.92	770.31	792.56
Total Non-Interest Income	1,339	1,195	1,023	1,017	857.41	925.29
Non-Interest Income Growth (YoY)	17.76%	16.85%	0.60%	18.57%	-7.34%	37.14%
Revenues Before Loan Losses	4,195	3,825	2,803	2,451	2,181	2,164
Provision for Loan Losses	-1.66	5.79	12.45	78.63	233.35	110.17
Revenue	4,197	3,819	2,791	2,372	1,948	2,054
Revenue Growth (YoY)	17.96%	36.85%	17.66%	21.79%	-5.17%	33.21%
Occupancy Expenses	45.08	34.38	35.04	30.29	27.74	32.96
Selling, General & Administrative	981.1	939.12	870.85	790.37	765.93	778.46
Other Non-Interest Expense	10.59	10.04	6.61	7.64	8.11	3.93
Total Non-Interest Expense	1,037	983.46	912.53	828.29	801.8	815.15
EBT Excluding Unusual Items	3,160	2,836	1,878	1,544	1,146	1,239
Asset Writedown	1	1	2	-5.5	-1.5	-5.26
Other Unusual Items	-	-	-	-	-	12
Pretax Income	3,161	2,837	1,880	1,538	1,144	1,245
Income Tax Expense	777.37	681.45	385.24	308.85	224.6	267.16
Net Income	2,384	2,155	1,495	1,229	919.71	978.27
Net Income to Common	2,384	2,155	1,495	1,229	919.71	978.27
Net Income Growth	19.20%	44.17%	21.61%	33.66%	-5.99%	47.51%
Basic Shares Outstanding	26	28	28	29	29	30
Diluted Shares Outstanding	26	28	28	29	29	30
Shares Change (YoY)	-4.31%	-1.47%	-2.62%	-1.37%	-1.36%	10.79%
EPS (Basic)	89.96	78.14	53.40	42.76	31.56	33.11
EPS (Diluted)	89.96	78.14	53.40	42.76	31.56	33.11
EPS Growth	24.56%	46.33%	24.88%	35.51%	-4.68%	33.15%
Dividend Per Share	10.000	10.000	7.000	7.000	7.000	11.000
Dividend Growth	42.86%	42.86%	0%	0%	-36.36%	10.00%
Effective Tax Rate	24.59%	24.02%	20.49%	20.08%	19.63%	21.45%

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