Kraft Bank ASA (OSL: KRAB)

Kraft Bank ASA Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	298.06	266.1	197.58	158.71	111.64	66.16
Interest Paid on Deposits	173.36	132.55	53.1	25.44	25.41	16.1
Net Interest Income	124.71	133.54	144.48	133.27	86.23	50.06
Net Interest Income Growth (YoY)	-10.83%	-7.57%	8.41%	54.56%	72.25%	501.37%
Other Non-Interest Income	5.76	4.99	2.04	-2.37	1.25	-0.74
Total Non-Interest Income	9.14	4.99	2.04	-2.37	1.25	-0.74
Non-Interest Income Growth (YoY)	58.68%	144.78%	-	-	-	-
Revenues Before Loan Losses	133.85	138.53	146.52	130.9	87.48	49.32
Provision for Loan Losses	18.25	9.54	7.1	5.57	4.66	5.63
Revenue	115.6	128.99	139.42	125.33	82.82	43.69
Revenue Growth (YoY)	-17.02%	-7.47%	11.24%	51.32%	89.57%	706.98%
Salaries and Employee Benefits	52.19	45.69	50.96	43.63	32.14	20.96
Occupancy Expenses	5.52	5.45	4.36	3.86	2.98	2.75
Selling, General & Administrative	2.25	2.25	3.54	2.38	1.37	0.71
Other Non-Interest Expense	29.46	19.07	18.49	13.76	10.52	8.84
Total Non-Interest Expense	89.42	72.46	77.35	63.63	47	33.26
EBT Excluding Unusual Items	26.19	56.54	62.07	61.7	35.83	10.44
Pretax Income	26.19	56.54	62.07	61.7	35.83	10.44
Income Tax Expense	6.43	14.2	15.6	15.46	8.96	2.63
Net Income	19.76	42.34	46.47	46.24	26.87	7.81
Net Income to Common	19.76	42.34	46.47	46.24	26.87	7.81
Net Income Growth	-60.36%	-8.89%	0.48%	72.12%	244.14%	-
Basic Shares Outstanding	42	42	42	42	42	42
Diluted Shares Outstanding	42	42	42	42	47	42
Shares Change (YoY)	0.01%	-	-	-10.26%	11.43%	-
EPS (Basic)	0.47	1.01	1.11	1.10	0.64	0.19
EPS (Diluted)	0.47	1.01	1.11	1.10	0.57	0.19
EPS Growth	-60.36%	-8.89%	0.48%	93.16%	206.65%	-
Dividend Per Share	0.300	0.300	-	0.250	-	-
Effective Tax Rate	24.56%	25.12%	25.14%	25.05%	25.01%	25.18%

Source: S&P Capital IQ. Banks template. Financial Sources.