Jæren Sparebank (OSL:JAREN)

Jæren Sparebank Income Statement

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

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

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