Kvika banki Income Statement

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

Millions ISK. 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	29,895	28,865	22,425	14,576	7,085
Interest Paid on Deposits	17,999	19,184	14,405	7,491	2,438
Net Interest Income	11,896	9,681	8,021	7,085	4,646
Net Interest Income Growth (YoY)	22.88%	20.70%	13.21%	52.49%	158.09%
Other Non-Interest Income	7,478	7,462	6,796	7,367	17,379
Total Non-Interest Income	7,478	7,462	6,796	7,367	17,379
Non-Interest Income Growth (YoY)	0.21%	9.80%	-7.76%	-57.61%	152.84%
Revenues Before Loan Losses	19,374	17,143	14,816	14,452	22,025
Provision for Loan Losses	515	605	1,027	567.32	-138.84
Revenue	18,859	16,538	13,789	13,885	22,163
Revenue Growth (YoY)	14.03%	19.94%	-0.69%	-37.35%	165.24%
Salaries and Employee Benefits	6,675	6,173	6,176	5,039	5,973
Occupancy Expenses	1,348	1,106	1,109	1,191	1,696
Federal Deposit Insurance	-	-	-	10.82	31.72
Other Non-Interest Expense	4,051	3,329	3,500	2,852	3,934
Total Non-Interest Expense	12,641	10,721	10,749	9,065	11,662
EBT Excluding Unusual Items	6,218	5,817	3,040	4,820	10,501
Asset Writedown	-	-	-	-	83.1
Other Unusual Items	-	-	-31.05	-17.65	-97.55
Pretax Income	6,218	5,817	3,009	4,803	10,487
Income Tax Expense	1,855	1,127	705.11	449.48	-176.88
Earnings From Continuing Operations	4,363	4,690	2,304	4,353	10,663
Earnings From Discontinued Operations	1,901	3,460	1,730	560.26	-
Minority Interest in Earnings	-	-	-15.77	-30.44	70.74
Net Income	6,264	8,150	4,019	4,883	10,734
Net Income to Common	6,264	8,150	4,019	4,883	10,734
Net Income Growth	-23.14%	102.81%	-17.70%	-54.51%	357.04%
Basic Shares Outstanding	4,496	4,698	4,758	4,786	4,105
Diluted Shares Outstanding	4,497	4,698	4,758	4,787	4,195
Shares Change (YoY)	-4.28%	-1.26%	-0.60%	14.10%	82.18%
EPS (Basic)	1.39	1.73	0.84	1.02	2.62
EPS (Diluted)	1.39	1.73	0.84	1.02	2.56
EPS Growth	-19.72%	105.62%	-17.05%	-60.27%	150.98%
Dividend Per Share	0.360	5.000	-	0.400	-
Dividend Growth	-92.80%	-	-	-	-
Effective Tax Rate	29.83%	19.37%	23.43%	9.36%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.