FRA:G18 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	131.73	185.55	263.74	210.85	198.29
Total Interest Expense	97.88	149.67	181.74	126.13	105.58
Net Interest Income	33.85	35.88	82	84.73	92.71
Commissions and Fees	-	-	0.13	0.95	-
Revenue Before Loan Losses	33.85	35.88	82.13	85.68	92.71
Provision for Loan Losses	27.54	201.41	104.81	69.27	-20.03
Revenue	6.31	-165.53	-22.67	16.41	112.74
Revenue Growth (YoY)	-	-	-	-85.44%	56.17%
Salaries & Employee Benefits	19.86	19.46	21.71	20.23	21.46
Cost of Services Provided	3.6	5.35	5.31	5.72	5.17
Other Operating Expenses	17.4	15.93	13.64	10.75	8.63
Total Operating Expenses	40.86	40.75	40.67	36.7	35.27
Operating Income	-34.55	-206.28	-63.34	-20.28	77.46
EBT Excluding Unusual Items	-34.55	-206.28	-63.34	-20.28	77.46
Other Unusual Items	-	-0.79	0.24	-18.82	-8.92
Pretax Income	-41	-207.06	-63.1	-40.81	68.55
Income Tax Expense	0.15	-0.01	0.1	0.02	0.19
Net Income	-41.15	-207.05	-63.2	-40.83	68.35
Preferred Dividends & Other Adjustments	14.4	14.4	14.45	14.5	0.79
Net Income to Common	-55.55	-221.45	-77.65	-55.33	67.56
Shares Outstanding (Basic)	48	50	52	53	55
Shares Outstanding (Diluted)	48	50	52	53	55
Shares Change (YoY)	-5.06%	-2.36%	-2.58%	-3.49%	-0.41%
EPS (Basic)	-1.16	-4.39	-1.50	-1.04	1.24
EPS (Diluted)	-1.16	-4.39	-1.50	-1.04	1.23
Dividend Per Share	0.200	0.300	0.800	0.950	1.000
Dividend Growth	-33.33%	-62.50%	-15.79%	-5.00%	150.00%
Operating Margin	-547.65%	-	-	-123.57%	68.71%
Profit Margin	-880.54%	-	-	-337.07%	59.93%
Effective Tax Rate	-	-	-	-	0.28%

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