FRA:8N4 Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Interest Income on Loans	115.6	110.4	89.8	62.11	58.11
Interest Income on Investments	11.92	11.59	13.43	9.09	7.15
Total Interest Income	127.53	121.99	103.23	71.19	65.26
Interest Paid on Deposits	46.78	48.1	27.67	4.9	3.2
Interest Paid on Borrowings	15.44	15.83	13.98	5.64	4.89
Total Interest Expense	62.22	63.93	41.66	10.54	8.09
Net Interest Income	65.31	58.06	61.57	60.65	57.17
Net Interest Income Growth (YoY)	12.48%	-5.70%	1.52%	6.09%	21.23%
Mortgage Banking Activities	0.36	0.2	14.33	38.34	104.5
Gain (Loss) on Sale of Assets	0.05	0.12	0.05	-	0.08
Gain (Loss) on Sale of Investments	0.49	0.49	-0.52	1.2	0.08
Other Non-Interest Income	7.86	7.41	7.09	6.35	5.63
Total Non-Interest Income	19.24	13.18	25.68	51.44	120.5
Non-Interest Income Growth (YoY)	46.02%	-48.69%	-50.08%	-57.31%	-9.56%
Revenues Before Loan Losses	84.55	71.24	87.26	112.1	177.67
Provision for Loan Losses	0.33	3.09	2.61	1.91	-1.77
Revenue	84.22	68.15	84.64	110.19	179.44
Revenue Growth (YoY)	23.59%	-19.49%	-23.18%	-38.59%	4.06%
Salaries and Employee Benefits	34.01	31.29	43.24	60.52	102.67
Occupancy Expenses	6.11	6.48	7.11	7.05	7.87
Federal Deposit Insurance	1.85	2.15	1.68	0.53	0.45
Selling, General & Administrative	9.09	8.08	9.98	14.29	17.02
Other Non-Interest Expense	6.11	4.88	12.71	10.17	11.47
Total Non-Interest Expense	56.96	52.89	74.72	92.66	139.41
EBT Excluding Unusual Items	27.26	15.26	9.92	17.53	40.03
Asset Writedown	-0.4	-0.65	-1	-0.22	-0.07
Other Unusual Items	-	-	-0.74	-	-
Pretax Income	26.86	14.61	8.18	17.31	39.97
Income Tax Expense	3.7	1.02	0.01	1.92	10
Earnings From Continuing Operations	23.16	13.59	8.17	15.39	29.97
Minority Interest in Earnings	-	-	-	-	-0.4
Net Income	23.16	13.59	8.17	15.39	29.57
Net Income to Common	23.16	13.59	8.17	15.39	29.57
Net Income Growth	70.40%	66.32%	-46.89%	-47.96%	-11.35%
Basic Shares Outstanding	7	7	7	7	7
Diluted Shares Outstanding	7	7	7	7	7
Shares Change (YoY)	1.76%	-0.34%	-3.67%	-0.44%	0.64%
EPS (Basic)	3.37	1.99	1.19	2.18	4.16
EPS (Diluted)	3.32	1.98	1.19	2.15	4.12
EPS Growth	67.68%	66.39%	-44.65%	-47.82%	-11.97%
Dividend Per Share	0.630	0.590	0.550	0.510	0.360
Dividend Growth	6.78%	7.27%	7.84%	41.67%	63.64%
Effective Tax Rate	13.78%	6.97%	0.12%	11.11%	25.01%

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