FRA:N1V2 Income Statement

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

Millions EUR. 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	1,184	1,112	952.88	569.78	477.83
Interest Income on Investments	14.3	95.47	40.7	0.24	0.22
Total Interest Income	1,198	1,208	993.57	570.02	478.05
Interest Paid on Deposits	251.4	232.86	148.03	53.09	40.46
Interest Paid on Borrowings	-	40.61	12.04	11.77	28.01
Total Interest Expense	251.4	273.48	160.07	64.85	68.47
Net Interest Income	946.9	934.28	833.5	505.16	409.58
Net Interest Income Growth (YoY)	1.35%	12.09%	65.00%	23.34%	36.67%
Income From Trading Activities	-	33.23	32.19	33.45	21.19
Gain (Loss) on Sale of Assets	-	1.49	6.33	3.37	1.03
Gain (Loss) on Sale of Investments	-	-28.2	6.99	-13.5	35.04
Other Non-Interest Income	355.6	313.68	274.28	286.82	247.56
Total Non-Interest Income	355.6	320.2	319.79	310.15	304.82
Non-Interest Income Growth (YoY)	11.05%	0.13%	3.11%	1.75%	89.23%
Revenues Before Loan Losses	1,303	1,254	1,153	815.31	714.41
Provision for Loan Losses	46.6	-10.73	-5.06	3.05	-8.5
Revenue	1,256	1,265	1,158	812.26	722.91
Revenue Growth (YoY)	-0.74%	9.22%	42.61%	12.36%	57.06%
Salaries and Employee Benefits	352.3	-	-	-	-
Occupancy Expenses	60.8	58.22	49.23	47.39	46.53
Federal Deposit Insurance	-	40.21	39.09	36.14	35.14
Selling, General & Administrative	203.7	506.08	448.17	408.79	361.27
Other Non-Interest Expense	47.2	42.54	20.63	7.94	11.1
Total Non-Interest Expense	662.5	644.06	556.05	499.48	452.93
EBT Excluding Unusual Items	593.4	621.15	602.3	312.78	269.98
Asset Writedown	-	-0.15	2.04	3.33	5.12
Legal Settlements	-	-8.93	-7.28	-1.65	1.11
Other Unusual Items	-	-	-14.99	178.92	-
Pretax Income	593.4	608.15	578.41	483.06	261.41
Income Tax Expense	74.7	77.92	15.09	25.23	13.54
Earnings From Continuing Operations	518.7	530.23	563.32	457.83	247.87
Minority Interest in Earnings	-15.6	-15.68	-12.62	-10.97	-11.46
Net Income	503.1	514.55	550.7	446.86	236.4
Net Income to Common	503.1	514.55	550.7	446.86	236.4
Net Income Growth	-2.23%	-6.56%	23.24%	89.03%	-12.35%
Basic Shares Outstanding	20	20	20	20	20
Diluted Shares Outstanding	20	20	20	20	20
EPS (Basic)	25.16	25.73	27.54	22.34	11.82
EPS (Diluted)	25.16	25.70	27.50	22.30	11.80
EPS Growth	-2.12%	-6.54%	23.32%	88.98%	-12.50%
Dividend Per Share	-	12.860	11.000	5.500	5.000
Dividend Growth	-	16.91%	100.00%	10.00%	8.46%
Effective Tax Rate	12.59%	12.81%	2.61%	5.22%	5.18%

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