Vestjysk 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	1,478	1,685	1,518	850.17	769.15	482.6
Interest Income on Investments	102.63	66.67	24.71	22.32	13.43	8.84
Total Interest Income	1,581	1,751	1,543	872.48	782.58	491.44
Interest Paid on Deposits	330.18	449.05	251.93	9.23	-37.74	-3.57
Net Interest Income	1,251	1,302	1,291	863.25	820.32	495.01
Net Interest Income Growth (YoY)	-6.32%	0.89%	49.54%	5.23%	65.72%	-8.20%
Gain (Loss) on Sale of Assets	-	-	-	-	-0.02	-
Gain (Loss) on Sale of Investments	127.11	238.4	255.46	-184.56	61.88	49.93
Other Non-Interest Income	640.53	615.9	635.58	716.29	657.05	341.66
Total Non-Interest Income	767.64	854.3	891.04	531.73	718.91	391.59
Non-Interest Income Growth (YoY)	-16.90%	-4.12%	67.57%	-26.04%	83.59%	-24.18%
Revenues Before Loan Losses	2,019	2,157	2,182	1,395	1,539	886.59
Provision for Loan Losses	41.66	-15.91	-208.09	-101.32	-20.01	28.53
Revenue	1,977	2,173	2,390	1,496	1,559	858.06
Revenue Growth (YoY)	-17.73%	-9.10%	59.73%	-4.04%	81.72%	-13.44%
Occupancy Expenses	37.72	37.04	52.4	35.4	51.68	17.49
Selling, General & Administrative	929.37	896.42	855.92	823.35	981.58	470.96
Other Non-Interest Expense	76.52	78.78	75.02	69.61	68.08	41.82
Total Non-Interest Expense	1,039	1,008	1,012	924.08	1,081	530.28
EBT Excluding Unusual Items	938.23	1,165	1,378	572.22	477.79	327.78
Asset Writedown	-	-	-	0.94	-1.18	-
Other Unusual Items	-	-	-	30.71	477.46	-
Pretax Income	938.23	1,165	1,378	603.87	954.07	327.78
Income Tax Expense	209.15	288.07	342.3	60.8	-125.72	25.23
Net Income	729.07	876.56	1,035	543.07	1,080	302.55
Net Income to Common	729.07	876.56	1,035	543.07	1,080	302.55
Net Income Growth	-31.24%	-15.34%	90.66%	-49.70%	256.89%	-36.67%
Basic Shares Outstanding	1,207	1,252	1,294	1,358	1,080	1,009
Diluted Shares Outstanding	1,207	1,252	1,294	1,358	1,080	1,009
Shares Change (YoY)	4.40%	-3.25%	-4.67%	25.74%	7.07%	5.55%
EPS (Basic)	0.60	0.70	0.80	0.40	1.00	0.30
EPS (Diluted)	0.60	0.70	0.80	0.40	1.00	0.30
EPS Growth	-34.13%	-12.50%	100.00%	-60.00%	233.33%	-40.00%
Dividend Per Share	0.355	0.355	0.400	0.100	-	-
Dividend Growth	-11.18%	-11.18%	300.00%	-	-	-
Effective Tax Rate	22.29%	24.73%	24.85%	10.07%	-	7.70%

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