FRA:BN9 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	25,626	25,607	20,648	7,118	2,845
Interest Paid on Deposits	20,682	21,295	16,303	3,614	227
Net Interest Income	4,944	4,312	4,345	3,504	2,618
Net Interest Income Growth (YoY)	14.66%	-0.76%	24.00%	33.84%	-12.06%
Trust Income	3,085	3,139	3,058	3,299	3,588
Gain (Loss) on Sale of Investments	86	73	60	-349	48
Other Non-Interest Income	11,965	11,095	10,234	10,075	9,677
Total Non-Interest Income	15,136	14,307	13,352	13,025	13,313
Non-Interest Income Growth (YoY)	5.79%	7.15%	2.51%	-2.16%	3.76%
Revenues Before Loan Losses	20,080	18,619	17,697	16,529	15,931
Provision for Loan Losses	-32	70	119	39	-231
Revenue	20,112	18,549	17,578	16,490	16,162
Revenue Growth (YoY)	8.43%	5.52%	6.60%	2.03%	4.46%
Salaries and Employee Benefits	6,945	6,427	6,415	6,435	6,013
Occupancy Expenses	551	537	542	514	498
Amortization of Goodwill & Intangibles	45	50	57	67	82
Selling, General & Administrative	3,951	4,116	3,940	3,701	3,368
Other Non-Interest Expense	1,420	1,350	1,348	1,613	1,553
Total Non-Interest Expense	12,912	12,480	12,302	12,330	11,514
EBT Excluding Unusual Items	7,200	6,069	5,276	4,160	4,648
Legal Settlements	8	-44	-94	-	-
Other Unusual Items	64	63	-632	-	-
Pretax Income	7,058	5,848	4,283	3,480	4,648
Income Tax Expense	1,475	1,305	979	937	877
Earnings From Continuing Operations	5,583	4,543	3,304	2,543	3,771
Minority Interest in Earnings	-34	-13	-2	13	-12
Net Income	5,549	4,530	3,302	2,556	3,759
Preferred Dividends & Other Adjustments	243	194	235	211	209
Net Income to Common	5,306	4,336	3,067	2,345	3,550
Net Income Growth	22.49%	37.19%	29.19%	-32.00%	3.93%
Basic Shares Outstanding	710	743	784	811	852
Diluted Shares Outstanding	717	748	788	815	856
Shares Change (YoY)	-4.20%	-5.04%	-3.31%	-4.85%	-4.05%
EPS (Basic)	7.47	5.84	3.91	2.89	4.17
EPS (Diluted)	7.40	5.80	3.89	2.88	4.14
EPS Growth	27.59%	49.10%	35.07%	-30.44%	8.09%
Dividend Per Share	2.000	1.780	1.580	1.420	1.300
Dividend Growth	12.36%	12.66%	11.27%	9.23%	4.84%
Effective Tax Rate	20.90%	22.31%	22.86%	26.92%	18.87%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.