FRA:G18 Income Statement

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

Millions USD. 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 and Dividend Income	141.39	185.55	263.74	210.85	198.29	237.71
Total Interest Expense	107.44	149.67	181.74	126.13	105.58	112.94
Net Interest Income	33.95	35.88	82	84.73	92.71	124.78
Commissions and Fees	-	-	0.13	0.95	-	1.12
Revenue Before Loan Losses	33.95	35.88	82.13	85.68	92.71	125.9
Provision for Loan Losses	50.3	201.41	104.81	69.27	-20.03	53.71
Revenue	-16.35	-165.53	-22.67	16.41	112.74	72.19
Revenue Growth (YoY)	-	-	-	-85.44%	56.17%	-34.66%
Salaries & Employee Benefits	18.93	19.46	21.71	20.23	21.46	13.27
Cost of Services Provided	4.09	5.35	5.31	5.72	5.17	19.84
Other Operating Expenses	16.98	15.93	13.64	10.75	8.63	15.76
Total Operating Expenses	40	40.75	40.67	36.7	35.27	48.87
Operating Income	-56.36	-206.28	-63.34	-20.28	77.46	23.32
EBT Excluding Unusual Items	-56.36	-206.28	-63.34	-20.28	77.46	23.32
Restructuring Charges	-	-	-	-	-	-46.25
Other Unusual Items	-	-0.79	0.24	-18.82	-8.92	-
Pretax Income	-56.05	-207.06	-63.1	-40.81	68.55	-39.85
Income Tax Expense	0.13	-0.01	0.1	0.02	0.19	0.59
Net Income	-56.18	-207.05	-63.2	-40.83	68.35	-40.44
Preferred Dividends & Other Adjustments	14.21	14.4	14.45	14.5	0.79	0.1
Net Income to Common	-70.39	-221.45	-77.65	-55.33	67.56	-40.54
Shares Outstanding (Basic)	48	50	52	53	55	55
Shares Outstanding (Diluted)	48	50	52	53	55	55
Shares Change (YoY)	-4.82%	-2.36%	-2.58%	-3.49%	-0.41%	3.90%
EPS (Basic)	-1.45	-4.39	-1.50	-1.04	1.24	-0.73
EPS (Diluted)	-1.45	-4.39	-1.50	-1.04	1.23	-0.73
Dividend Per Share	0.200	0.300	0.800	0.950	1.000	0.400
Dividend Growth	-55.56%	-62.50%	-15.79%	-5.00%	150.00%	-76.19%
Operating Margin	-	-	-	-123.57%	68.71%	32.30%
Profit Margin	-	-	-	-337.07%	59.93%	-56.16%
Effective Tax Rate	-	-	-	-	0.28%	-

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