Glarner Kantonalbank Income Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	130.18	156.74	153.53	74.47	70.28	72.2
Interest Income on Investments	15.23	12.14	11.95	8.66	5.2	6.05
Total Interest Income	145.41	168.88	165.48	83.14	75.48	78.26
Interest Paid on Deposits	88.99	108.24	96.71	15.57	6.5	10.91
Net Interest Income	56.42	60.64	68.77	67.57	68.99	67.35
Net Interest Income Growth (YoY)	-18.65%	-11.82%	1.78%	-2.05%	2.43%	9.29%
Income From Trading Activities	1.89	-	-	8.81	4.94	-
Gain (Loss) on Sale of Investments	-0.56	0.6	0.09	-5.74	0.06	0.13
Other Non-Interest Income	39.79	39.27	34.88	14.57	15.95	19.87
Total Non-Interest Income	41.25	40	35.09	17.74	20.98	20.03
Non-Interest Income Growth (YoY)	40.16%	13.98%	97.79%	-15.44%	4.73%	-11.56%
Revenues Before Loan Losses	97.67	100.64	103.86	85.31	89.97	87.38
Provision for Loan Losses	2.63	2.15	1.69	-4.33	-0.78	4
Revenue	95.05	98.49	102.18	89.64	90.74	83.38
Revenue Growth (YoY)	-1.64%	-3.61%	13.99%	-1.22%	8.83%	2.87%
Salaries and Employee Benefits	40.92	41.25	39.68	38	35.34	30.84
Occupancy Expenses	4.74	4.74	5.45	-	5.87	4.22
Selling, General & Administrative	-0.13	-	-	22.76	20.22	17.73
Other Non-Interest Expense	23.68	23.68	26.19	-0.44	0.25	-0.02
Total Non-Interest Expense	69.21	69.68	71.32	60.32	61.68	52.77
EBT Excluding Unusual Items	25.84	28.82	30.86	29.32	29.06	30.61
Other Unusual Items	0.03	-	0	-	0.15	-0.19
Pretax Income	25.87	28.82	30.86	29.32	29.21	30.42
Income Tax Expense	4.25	4.53	4.86	4.03	4.75	4.49
Net Income	21.62	24.29	26	25.29	24.46	25.93
Net Income to Common	21.62	24.29	26	25.29	24.46	25.93
Net Income Growth	-13.78%	-6.60%	2.81%	3.39%	-5.67%	2.98%
Basic Shares Outstanding	-	14	14	14	12	12
Diluted Shares Outstanding	-	14	14	14	14	14
Shares Change (YoY)	-	2.10%	2.84%	-	-	17.39%
EPS (Basic)	-	1.80	1.93	1.87	2.12	2.26
EPS (Diluted)	-	1.71	1.87	1.87	1.87	1.98
EPS Growth	-	-8.56%	-	-	-5.56%	-9.58%
Dividend Per Share	-	1.000	1.100	1.100	1.100	1.100
Dividend Growth	-	-9.09%	-	-	-	-
Effective Tax Rate	16.43%	15.71%	15.75%	13.74%	16.26%	14.75%

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