Ålandsbanken Abp (HEL: ALBAV)

Ålandsbanken Abp Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	177.5	343.43	329.01	900.35	672.26	495.73
Investment Securities	840.3	417.34	737.19	383.64	352.39	322.54
Trading Asset Securities	22	27.26	26.64	13.03	24.62	21.24
Mortgage-Backed Securities	-	484.64	351.14	395.44	469.15	501.12
Total Investments	862.3	929.24	1,115	792.11	846.16	844.89
Gross Loans	3,536	3,889	4,346	4,829	4,404	4,158
Allowance for Loan Losses	-17	-20.17	-20.04	-14.65	-11.88	-12.45
Net Loans	3,519	3,869	4,326	4,814	4,392	4,146
Property, Plant & Equipment	44	36.7	35.54	34.27	32.86	32
Goodwill	-	2.9	2.9	2.9	2.9	2.9
Other Intangible Assets	21	18.03	17.72	20.18	21.49	22.41
Investments in Real Estate	-	0.29	0.3	0.31	0.31	0.33
Accrued Interest Receivable	49	32.62	22.75	20.4	15.08	17.72
Other Receivables	4	95.53	34.97	37.96	39.52	32.79
Other Current Assets	-	5.57	5.48	3.6	4.22	3.9
Long-Term Deferred Tax Assets	7	4.76	6.48	4.78	5.42	5.12
Other Long-Term Assets	105	3.35	1.86	3.77	2.6	4.15
Total Assets	4,789	5,342	5,898	6,635	6,035	5,608
Accounts Payable	-	5.06	4.34	3.39	1.84	3.03
Accrued Expenses	64	28.59	25.73	24.6	21.04	19.56
Interest Bearing Deposits	3,396	931.9	4,182	4,070	3,605	3,368
Non-Interest Bearing Deposits	-	2,663	-	-	-	-
Total Deposits	3,396	3,595	4,182	4,070	3,605	3,368
Short-Term Borrowings	5	105.8	57.79	67.11	73.18	52.45
Current Portion of Long-Term Debt	48	877.4	-	-	545.59	466.8
Current Portion of Leases	-	4.3	3.5	3.09	3.68	3.55
Current Income Taxes Payable	2	3.42	2.71	4.27	5.13	3.25
Accrued Interest Payable	-	14.87	4.42	3.68	4.29	5.03
Other Current Liabilities	-	4.64	5.52	5.93	13.87	9.16
Long-Term Debt	846	281.5	1,224	2,040	1,384	1,343
Long-Term Leases	-	13.5	14.19	13.03	10.17	8.23
Long-Term Unearned Revenue	-	0.61	0.9	0.76	1.37	1.74
Pension & Post-Retirement Benefits	-	3.03	1.12	7.32	13.17	8.79
Long-Term Deferred Tax Liabilities	35	35.18	34.7	34.57	32.23	30.9
Other Long-Term Liabilities	68	33.52	20.24	24.78	28.23	25.75
Total Liabilities	4,464	5,006	5,581	6,303	5,743	5,349
Common Stock	42	42.03	42.03	42.03	42.03	42.03
Additional Paid-In Capital	33	32.74	32.74	32.74	32.74	32.74
Retained Earnings	209	210.44	195.86	196.87	183.72	154.46
Comprehensive Income & Other	41	50.1	46.4	60.27	33.87	29.12
Total Common Equity	325	335.31	317.02	331.91	292.36	258.34
Minority Interest	-	0.02	0.01	0.01	0.01	0.01
Shareholders' Equity	325	335.32	317.04	331.92	292.37	258.36
Total Liabilities & Equity	4,789	5,342	5,898	6,635	6,035	5,608
Total Debt	899	1,282	1,300	2,123	2,016	1,874
Net Cash (Debt)	-670.2	-882.78	-911.73	-1,178	-1,290	-1,332
Net Cash Per Share	-43.54	-57.54	-58.68	-75.54	-82.79	-85.69
Filing Date Shares Outstanding	15.34	15.31	15.25	15.6	15.59	15.55
Total Common Shares Outstanding	15.34	15.31	15.25	15.6	15.59	15.55
Book Value Per Share	21.18	21.90	20.78	21.27	18.76	16.61
Tangible Book Value	304	314.38	296.4	308.82	267.97	233.03
Tangible Book Value Per Share	19.81	20.54	19.43	19.79	17.19	14.98

Source: S&P Capital IQ. Banks template. Financial Sources.