FRA:QC10 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	3,310	4,369	4,509	1,848	1,525
Interest Income on Investments	1,156	1,584	982	244	164
Total Interest Income	4,466	5,953	5,491	2,092	1,689
Interest Paid on Deposits	2,132	2,576	1,758	383	114
Interest Paid on Borrowings	613	1,225	656	313	286
Total Interest Expense	2,745	3,801	2,414	696	400
Net Interest Income	1,721	2,152	3,077	1,396	1,289
Net Interest Income Growth (YoY)	-20.03%	-30.06%	120.42%	8.30%	17.18%
Gain (Loss) on Sale of Investments	31	-	-	-	-
Other Non-Interest Income	278	384	467	83	61
Total Non-Interest Income	341	521	556	88	61
Non-Interest Income Growth (YoY)	-34.55%	-6.30%	531.82%	44.26%	-
Revenues Before Loan Losses	2,062	2,673	3,633	1,484	1,350
Provision for Loan Losses	184	1,092	833	133	3
Revenue	1,878	1,581	2,800	1,351	1,347
Revenue Growth (YoY)	18.79%	-43.54%	107.25%	0.30%	22.57%
Salaries and Employee Benefits	976	1,209	1,102	325	272
Occupancy Expenses	202	136	114	64	61
Federal Deposit Insurance	169	313	126	-	-
Amortization of Goodwill & Intangibles	107	136	126	5	-
Selling, General & Administrative	566	938	757	215	185
Total Non-Interest Expense	2,020	2,732	2,225	609	518
EBT Excluding Unusual Items	-142	-1,151	575	742	829
Other Unusual Items	-	-121	2,131	159	-
Pretax Income	-198	-1,378	-50	826	806
Income Tax Expense	-21	-260	29	176	210
Net Income	-177	-1,118	-79	650	596
Preferred Dividends & Other Adjustments	33	35	38	41	40
Net Income to Common	-210	-1,153	-117	609	556
Net Income Growth	-	-	-	9.06%	16.63%
Basic Shares Outstanding	415	331	238	161	155
Diluted Shares Outstanding	415	331	238	162	155
Shares Change (YoY)	25.59%	39.02%	47.10%	4.41%	0.29%
EPS (Basic)	-0.51	-3.49	-0.49	3.78	3.60
EPS (Diluted)	-0.51	-3.49	-0.49	3.77	3.60
EPS Growth	-	-	-	4.84%	17.51%
Dividend Per Share	0.040	0.200	2.040	2.040	2.040
Dividend Growth	-80.00%	-90.20%	-	-	-
Effective Tax Rate	-	-	-	21.31%	26.05%

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