Skjern Bank Income Statement

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

Millions DKK. 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	456.66	523.37	462.13	247.92	195.58
Interest Income on Investments	35.33	16.45	5.6	29.99	31.27
Total Interest Income	491.99	539.82	467.74	277.91	226.85
Interest Paid on Deposits	52.42	101.22	58.83	10.68	8.02
Interest Paid on Borrowings	-	-	-	8.42	10.6
Total Interest Expense	52.42	101.22	58.83	19.11	18.62
Net Interest Income	439.57	438.6	408.91	258.81	208.23
Net Interest Income Growth (YoY)	0.22%	7.26%	58.00%	24.29%	8.27%
Gain (Loss) on Sale of Investments	9.74	25.21	35.88	-39.99	14.35
Other Non-Interest Income	237.73	214.03	198.45	216.15	182.06
Total Non-Interest Income	247.47	239.24	234.33	176.16	196.41
Non-Interest Income Growth (YoY)	3.44%	2.10%	33.02%	-10.31%	6.93%
Revenues Before Loan Losses	687.04	677.84	643.24	434.97	404.64
Provision for Loan Losses	8.6	18.18	27.64	2.7	-15.23
Revenue	678.45	659.66	615.6	432.27	419.87
Revenue Growth (YoY)	2.85%	7.16%	42.41%	2.95%	22.36%
Occupancy Expenses	8.29	13.89	15.33	6.62	7.34
Selling, General & Administrative	303.59	262.73	236.3	216.29	191.76
Other Non-Interest Expense	22.27	18.4	19.86	18.23	16.23
Total Non-Interest Expense	334.15	295.02	271.49	241.14	215.33
EBT Excluding Unusual Items	344.3	364.64	344.11	191.13	204.53
Pretax Income	344.3	364.64	344.11	191.13	204.53
Income Tax Expense	97.83	90.53	86.13	40.89	41.23
Net Income	246.47	274.11	257.98	150.24	163.3
Preferred Dividends & Other Adjustments	5.29	5.29	5.29	5.29	5.29
Net Income to Common	241.19	268.83	252.69	144.95	158.01
Net Income Growth	-10.08%	6.25%	71.71%	-8.00%	41.22%
Basic Shares Outstanding	10	10	10	10	8
Diluted Shares Outstanding	10	10	10	10	8
Shares Change (YoY)	0.13%	-0.10%	0.47%	25.76%	-20.28%
EPS (Basic)	25.00	27.90	26.20	15.10	20.70
EPS (Diluted)	25.00	27.90	26.20	15.10	20.70
EPS Growth	-10.39%	6.49%	73.51%	-27.05%	81.58%
Dividend Per Share	3.500	3.000	5.000	3.000	3.000
Dividend Growth	16.67%	-40.00%	66.67%	-	50.00%
Effective Tax Rate	28.41%	24.83%	25.03%	21.39%	20.16%

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