Grong Sparebank Income Statement

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

Millions NOK. 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	591.46	560.19	459.68	259.44	174.22
Interest Income on Investments	70.63	57.99	52.12	36.87	21.87
Total Interest Income	662.09	618.19	511.8	296.31	196.1
Interest Paid on Deposits	390.34	365.26	267.41	106.28	47.32
Total Interest Expense	390.34	365.26	267.41	106.28	47.32
Net Interest Income	271.76	252.93	244.4	190.03	148.77
Net Interest Income Growth (YoY)	7.45%	3.49%	28.61%	27.73%	2.36%
Gain (Loss) on Sale of Investments	62.19	-15.99	34.06	66.07	2.54
Other Non-Interest Income	102.5	89.71	78.63	68.28	66.86
Total Non-Interest Income	164.68	73.72	112.69	134.34	69.4
Non-Interest Income Growth (YoY)	123.37%	-34.58%	-16.12%	93.58%	-5.87%
Revenues Before Loan Losses	436.44	326.65	357.08	324.38	218.17
Provision for Loan Losses	19.3	14.91	5.14	3.92	-5.74
Revenue	417.14	311.74	351.95	320.46	223.91
Revenue Growth (YoY)	33.81%	-11.42%	9.83%	43.12%	9.21%
Salaries and Employee Benefits	102.62	89.29	76.26	63.5	57.17
Occupancy Expenses	12.53	11.22	9.14	8.18	8.59
Selling, General & Administrative	9.44	8.42	7.74	8.73	6.91
Other Non-Interest Expense	62.76	55.3	71.17	50.1	42.7
Total Non-Interest Expense	187.36	164.23	164.31	130.51	115.36
EBT Excluding Unusual Items	229.78	147.51	187.64	189.95	108.55
Pretax Income	229.78	147.51	187.64	189.95	108.55
Income Tax Expense	33.67	36.44	32.42	24.23	22.67
Net Income	196.11	111.07	155.22	165.71	85.87
Preferred Dividends & Other Adjustments	113.22	63.57	83.53	89.63	48.04
Net Income to Common	82.89	47.5	71.68	76.09	37.84
Net Income Growth	76.57%	-28.44%	-6.33%	92.97%	-1.74%
Basic Shares Outstanding	4	4	4	3	3
Diluted Shares Outstanding	4	4	4	3	3
Shares Change (YoY)	-	-	14.81%	16.40%	-
EPS (Basic)	20.87	11.96	18.04	21.99	12.73
EPS (Diluted)	20.87	11.96	18.04	21.99	12.73
EPS Growth	74.52%	-33.74%	-17.94%	72.77%	-4.43%
Dividend Per Share	11.000	10.500	10.000	9.000	9.000
Dividend Growth	4.76%	5.00%	11.11%	-	50.00%
Effective Tax Rate	14.65%	24.70%	17.28%	12.76%	20.89%

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