Kvika banki Balance Sheet

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
Cash & Equivalents	13,942	12,774	19,856	34,964	35,284
Investment Securities	45,680	71,884	78,242	68,865	43,456
Trading Asset Securities	29,567	12,254	10,039	34,577	44,161
Total Investments	75,247	84,138	88,281	103,442	87,617
Gross Loans	218,043	164,060	138,542	109,793	72,924
Allowance for Loan Losses	-2,329	-2,327	-2,219	-2,653	-1,337
Net Loans	215,714	161,733	136,323	107,139	71,588
Property, Plant & Equipment	1,332	1,782	2,469	2,942	2,664
Goodwill	17,739	17,783	17,783	26,042	24,258
Other Intangible Assets	3,391	3,910	4,124	8,038	7,197
Investments in Real Estate	93	-	-	1,165	1,100
Other Receivables	3,686	3,207	6,342	4,676	9,756
Restricted Cash	6,203	5,819	3,825	1,707	1,235
Other Current Assets	-	57,702	50,753	-	-
Long-Term Deferred Tax Assets	939	2,273	2,903	3,233	3,178
Other Long-Term Assets	4,826	3,473	2,738	6,322	2,362
Total Assets	343,112	354,594	335,397	299,670	246,240
Accounts Payable	5,268	7,531	9,327	2,117	974.52
Accrued Expenses	2,121	1,636	1,440	1,760	1,652
Interest Bearing Deposits	172,787	163,378	142,566	20,741	14,812
Non-Interest Bearing Deposits	-	-	-	91,505	63,858
Total Deposits	172,787	163,378	142,566	112,245	78,670
Short-Term Borrowings	773	2,932	2,197	11,388	18,659
Current Portion of Long-Term Debt	14,153	1,674	13,621	10,873	-
Current Income Taxes Payable	-	-	-	203.21	347.07
Other Current Liabilities	5,172	30,200	28,604	5,582	4,175
Long-Term Debt	71,743	55,468	53,112	49,259	37,580
Long-Term Leases	802	1,158	1,510	1,828	1,041
Long-Term Deferred Tax Liabilities	257	466	272.62	944.27	899.94
Other Long-Term Liabilities	1,101	633	790.19	22,382	23,874
Total Liabilities	274,177	265,076	253,440	218,581	167,872
Common Stock	4,417	4,660	4,722	4,781	4,790
Additional Paid-In Capital	43,119	46,750	47,662	48,603	50,316
Retained Earnings	20,233	37,220	28,969	26,785	20,155
Comprehensive Income & Other	1,090	809	533.22	842.67	3,156
Total Common Equity	68,859	89,439	81,886	81,012	78,417
Minority Interest	76	79	72.12	77.29	-49.06
Shareholders' Equity	68,935	89,518	81,958	81,089	78,368
Total Liabilities & Equity	343,112	354,594	335,397	299,670	246,240
Total Debt	87,471	61,232	70,440	73,347	57,280
Net Cash (Debt)	-43,962	-36,204	-40,544	-3,806	22,165
Net Cash Per Share	-9.78	-7.71	-8.52	-0.80	5.28
Filing Date Shares Outstanding	4,417	4,660	4,722	4,781	4,790
Total Common Shares Outstanding	4,417	4,660	4,722	4,781	4,790
Book Value Per Share	15.59	19.19	17.34	16.94	16.37
Tangible Book Value	47,729	67,746	59,979	46,932	46,961
Tangible Book Value Per Share	10.81	14.54	12.70	9.82	9.80

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