FRA:4IK Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	277.36	304.11	317.36	249.39	221.54
Interest Income on Investments	279.75	281.61	228.27	148.99	103.35
Total Interest Income	557.11	585.72	545.63	398.38	324.9
Interest Paid on Deposits	189.13	227	170.5	45.18	15.49
Interest Paid on Borrowings	3.9	7.51	8.17	9.62	9.6
Total Interest Expense	193.03	234.51	178.67	54.8	25.09
Net Interest Income	364.08	351.2	366.96	343.58	299.81
Net Interest Income Growth (YoY)	3.67%	-4.29%	6.80%	14.60%	-5.60%
Trust Income	118.9	111.47	103.56	95.67	97.96
Gain (Loss) on Sale of Investments	-	-	0.03	-0.01	0.75
Gain (Loss) on Sale of Equity Investments	0.2	-0.3	-0.2	-	0.1
Other Non-Interest Income	123.83	119.17	112.75	112	98
Total Non-Interest Income	242.93	230.39	216.09	208.11	196.75
Non-Interest Income Growth (YoY)	5.44%	6.62%	3.84%	5.78%	6.30%
Revenues Before Loan Losses	607.01	581.6	583.05	551.69	496.55
Provision for Loan Losses	0.22	1.66	4.45	2.4	-3.13
Revenue	606.79	579.93	578.6	549.3	499.68
Revenue Growth (YoY)	4.63%	0.23%	5.33%	9.93%	1.11%
Salaries and Employee Benefits	160.34	155.45	155.12	151.89	148.55
Occupancy Expenses	34.13	34.08	31.37	31.44	30.86
Amortization of Goodwill & Intangibles	8	8.01	5.73	5.68	6.01
Selling, General & Administrative	115.96	116.28	110.3	99.81	104.96
Other Non-Interest Expense	44.8	43.77	42.22	41.77	42.01
Total Non-Interest Expense	363.23	357.59	344.74	330.6	332.39
EBT Excluding Unusual Items	243.57	222.35	233.86	218.7	167.29
Other Unusual Items	-5.6	-1.5	-	-1	-
Pretax Income	237.97	220.85	226.26	217.7	165.79
Income Tax Expense	6.02	4.53	0.77	3.68	3.12
Net Income	231.94	216.32	225.49	214.02	162.67
Net Income to Common	231.94	216.32	225.49	214.02	162.67
Net Income Growth	7.22%	-4.07%	5.36%	31.57%	10.50%
Basic Shares Outstanding	41	45	49	50	50
Diluted Shares Outstanding	42	46	49	50	50
Shares Change (YoY)	-7.59%	-6.86%	-1.17%	-0.03%	-1.92%
EPS (Basic)	5.61	4.80	4.62	4.32	3.28
EPS (Diluted)	5.47	4.71	4.58	4.29	3.26
EPS Growth	16.14%	2.84%	6.76%	31.60%	12.41%
Dividend Per Share	1.880	1.760	1.760	1.760	1.760
Dividend Growth	6.82%	-	-	-	-
Effective Tax Rate	2.53%	2.05%	0.34%	1.69%	1.88%

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