FRA:8PM 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 and Dividend Income	851.16	635.49	640.38	385.15	195.96
Total Interest Expense	870.39	714.66	735.97	410.42	304.74
Net Interest Income	-19.24	-79.17	-95.59	-25.27	-108.78
Mortgage Banking	12.53	15.09	18.23	52.09	170.67
Gain (Loss) on Sale of Loans & Receivables	52.19	73.12	39.86	25.69	87.27
Gain (Loss) on Sale of Investments	213.11	61.05	178.1	-658.79	304.08
Other Revenue	-173	-227.05	-92.96	-204.38	-341.97
Revenue Before Loan Losses	721.17	504.6	725.87	-145.66	757.48
Revenue	721.17	504.6	725.87	-145.66	757.48
Revenue Growth (YoY)	42.92%	-30.48%	-	-	-46.21%
Salaries & Employee Benefits	11.89	5.61	7.11	5.94	4
Cost of Services Provided	188.85	165.51	158.49	216.17	357.69
Other Operating Expenses	426.61	190.84	315.88	-430.87	351.13
Total Operating Expenses	627.35	361.96	481.47	-208.75	712.82
Operating Income	93.82	142.65	244.4	63.09	44.66
EBT Excluding Unusual Items	93.82	142.65	244.4	63.09	44.66
Pretax Income	93.82	142.65	244.4	63.09	44.66
Income Tax Expense	-34.05	-18.34	44.74	136.37	-12.19
Net Income	127.87	160.98	199.65	-73.29	56.85
Preferred Dividends & Other Adjustments	41.97	42.24	42.27	42.23	31.21
Net Income to Common	85.91	118.75	157.38	-115.51	25.65
Net Income Growth	-20.57%	-19.37%	-	-	8.56%
Shares Outstanding (Basic)	87	87	87	91	97
Shares Outstanding (Diluted)	87	87	112	91	97
Shares Change (YoY)	0.20%	-22.28%	22.17%	-6.13%	-1.98%
EPS (Basic)	0.99	1.37	1.80	-1.26	0.26
EPS (Diluted)	0.99	1.37	1.63	-1.26	0.26
EPS Growth	-27.80%	-16.23%	-	-	-3.70%
Dividend Per Share	1.600	1.600	1.600	1.810	1.880
Dividend Growth	-	-	-11.60%	-3.72%	23.68%
Operating Margin	13.01%	28.27%	33.67%	-	5.90%
Profit Margin	11.91%	23.53%	21.68%	-	3.39%
Effective Tax Rate	-	-	18.31%	216.17%	-

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