GrønlandsBANKEN Income Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	393.82	476.91	417.16	225.27	210.76	214.68
Interest Income on Investments	10.05	8.86	2.16	1.82	0.91	1.22
Total Interest Income	403.86	485.77	419.32	227.09	211.67	215.9
Interest Paid on Deposits	68.5	116.96	87.47	-17.96	-23.36	-19.74
Net Interest Income	335.36	368.81	331.85	245.05	235.03	235.64
Net Interest Income Growth (YoY)	-10.56%	11.14%	35.42%	4.26%	-0.26%	-0.42%
Gain (Loss) on Sale of Investments	13.51	22.34	33.83	-45	6.45	-3.34
Other Non-Interest Income	111.32	113.09	115.19	118.67	114.85	99.72
Total Non-Interest Income	124.83	135.43	149.02	73.67	121.3	96.38
Non-Interest Income Growth (YoY)	-16.24%	-9.12%	102.28%	-39.27%	25.86%	-5.67%
Revenues Before Loan Losses	460.19	504.24	480.87	318.72	356.34	332.02
Provision for Loan Losses	18.3	18.91	14.16	4.52	1.54	12.83
Revenue	441.89	485.33	466.71	314.19	354.8	319.19
Revenue Growth (YoY)	-12.13%	3.99%	48.54%	-11.45%	11.16%	-3.53%
Occupancy Expenses	3.13	2.81	2.39	2.67	2.55	2.69
Selling, General & Administrative	244.45	226.36	211.17	195.06	186.39	178.73
Other Non-Interest Expense	3.52	4.26	2.82	2.71	2.5	2.61
Total Non-Interest Expense	251.1	233.42	216.37	200.43	191.43	184.04
EBT Excluding Unusual Items	190.79	251.91	250.34	113.77	163.37	135.16
Asset Writedown	-6.21	-6.21	-5.77	-4.66	-4.47	-4.26
Pretax Income	184.58	245.7	244.57	109.11	158.9	130.9
Income Tax Expense	1.16	36.69	52.18	10.36	26.07	34.67
Net Income	183.42	209.01	192.4	98.75	132.83	96.23
Net Income to Common	183.42	209.01	192.4	98.75	132.83	96.23
Net Income Growth	-18.56%	8.64%	94.83%	-25.66%	38.04%	-25.93%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-0.02%	0.03%	0.06%	-0.06%	0.07%	-0.04%
EPS (Basic)	101.90	116.10	106.90	54.90	73.80	53.50
EPS (Diluted)	101.90	116.10	106.90	54.90	73.80	53.50
EPS Growth	-18.54%	8.61%	94.72%	-25.61%	37.94%	-25.90%
Dividend Per Share	100.000	100.000	55.000	20.000	40.000	25.000
Dividend Growth	81.82%	81.82%	175.00%	-50.00%	60.00%	-
Effective Tax Rate	0.63%	14.93%	21.34%	9.50%	16.41%	26.49%

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