Jæren Sparebank (OSL:JAREN)

Jæren Sparebank Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,040	1,023	839.66	492.75	319.79	365.68
Interest Income on Investments	19.07	19.79	27.51	38.47	32.95	34.55
Total Interest Income	1,059	1,043	867.17	531.22	352.75	400.23
Interest Paid on Deposits	626.05	609.27	460.92	199.39	95.09	147.35
Net Interest Income	432.84	433.56	406.25	331.83	257.66	252.88
Net Interest Income Growth (YoY)	3.73%	6.72%	22.43%	28.79%	1.89%	-8.41%
Gain (Loss) on Sale of Investments	-0.09	1.42	4.65	-8.5	-2.69	1.12
Gain (Loss) on Sale of Equity Investments	-0.87	-0.87	3.28	15.62	1.22	1.15
Other Non-Interest Income	111.29	108.6	85.45	82.61	93.76	82.29
Total Non-Interest Income	110.33	109.15	93.38	89.73	92.29	84.56
Non-Interest Income Growth (YoY)	9.61%	16.89%	4.06%	-2.77%	9.14%	5.99%
Revenues Before Loan Losses	543.17	542.71	499.63	421.56	349.95	337.43
Provision for Loan Losses	-6.08	-6.02	2.72	2.31	-2.39	4.69
Revenue	549.25	548.74	496.91	419.26	352.34	332.74
Revenue Growth (YoY)	6.57%	10.43%	18.52%	18.99%	5.89%	-6.84%
Salaries and Employee Benefits	100.74	96.33	90.6	82.15	-	-
Occupancy Expenses	11.71	12.93	12.42	13.36	5.56	9.24
Selling, General & Administrative	14.2	14.2	10.23	9.76	121.83	119.71
Other Non-Interest Expense	90.2	89.07	96.62	99.89	35.28	29.09
Total Non-Interest Expense	216.85	212.53	209.87	205.16	162.68	158.04
EBT Excluding Unusual Items	332.4	336.21	287.04	214.1	189.67	174.71
Other Unusual Items	-	-	-	-	-	-37.71
Pretax Income	332.4	336.21	287.04	214.1	189.67	137
Income Tax Expense	60.75	61.15	47.9	27.45	38.43	25.33
Net Income	271.65	275.06	239.14	186.65	151.24	111.67
Preferred Dividends & Other Adjustments	136.79	138.41	120.59	91.82	74.34	55.77
Net Income to Common	134.86	136.65	118.56	94.83	76.9	55.9
Net Income Growth	7.82%	15.02%	28.13%	23.41%	35.44%	-27.39%
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change (YoY)	-0.04%	-	-	-	-	-
EPS (Basic)	27.34	27.70	24.04	19.23	15.59	11.33
EPS (Diluted)	27.34	27.70	24.04	19.20	15.59	11.33
EPS Growth	8.06%	15.25%	25.19%	23.16%	37.56%	-30.47%
Dividend Per Share	20.000	20.000	16.000	12.500	11.000	7.500
Dividend Growth	25.00%	25.00%	28.00%	13.64%	46.67%	-
Effective Tax Rate	18.28%	18.19%	16.69%	12.82%	20.26%	18.49%

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