SpareBank 1 SMN Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	11,763	11,685	9,721	5,207	3,521	3,722
Interest Income on Investments	2,058	1,908	1,568	753	414	514
Total Interest Income	13,821	13,593	11,289	5,960	3,935	4,236
Interest Paid on Deposits	8,429	8,187	6,631	2,588	1,107	1,439
Net Interest Income	5,392	5,406	4,658	3,372	2,828	2,797
Net Interest Income Growth (YoY)	2.61%	16.06%	38.14%	19.24%	1.11%	3.52%
Gain (Loss) on Sale of Investments	79	88	572	192	369	136
Gain (Loss) on Sale of Equity Investments	967	1,254	297	442	705	681
Other Non-Interest Income	2,599	2,374	2,097	1,934	2,083	2,618
Total Non-Interest Income	3,645	3,716	2,966	2,568	3,157	3,435
Non-Interest Income Growth (YoY)	-9.51%	25.29%	15.50%	-18.66%	-8.09%	-1.18%
Revenues Before Loan Losses	9,037	9,122	7,624	5,940	5,985	6,232
Provision for Loan Losses	110	176	14	-7	161	951
Revenue	8,927	8,946	7,610	5,947	5,824	5,281
Revenue Growth (YoY)	-2.08%	17.56%	27.96%	2.11%	10.28%	-10.17%
Salaries and Employee Benefits	2,095	1,981	1,691	1,406	1,378	1,850
Selling, General & Administrative	102	104	93	86	75	101
Other Non-Interest Expense	1,312	1,215	1,233	952	905	952
Total Non-Interest Expense	3,509	3,300	3,017	2,444	2,358	2,903
EBT Excluding Unusual Items	5,418	5,646	4,593	3,503	3,466	2,378
Pretax Income	5,418	5,646	4,593	3,503	3,466	2,378
Income Tax Expense	1,060	1,054	904	718	563	400
Earnings From Continuing Operations	4,358	4,592	3,689	2,785	2,903	1,978
Minority Interest in Earnings	-93	-106	-74	-130	-160	-126
Net Income	4,265	4,486	3,615	2,655	2,743	1,852
Preferred Dividends & Other Adjustments	1,521	1,587	1,286	997	1,021	705
Net Income to Common	2,744	2,899	2,329	1,658	1,722	1,147
Net Income Growth	-9.56%	24.09%	36.16%	-3.21%	48.11%	-26.13%
Basic Shares Outstanding	144	144	138	129	129	129
Diluted Shares Outstanding	144	144	138	129	129	129
Shares Change (YoY)	0.27%	4.40%	6.80%	-0.02%	-0.01%	-0.11%
EPS (Basic)	19.03	20.11	16.86	12.82	13.31	8.87
EPS (Diluted)	19.03	20.11	16.86	12.82	13.31	8.87
EPS Growth	-10.36%	19.22%	31.53%	-3.70%	50.15%	-26.96%
Dividend Per Share	12.500	12.500	12.000	6.500	7.500	4.400
Dividend Growth	4.17%	4.17%	84.61%	-13.33%	70.45%	-12.00%
Effective Tax Rate	19.56%	18.67%	19.68%	20.50%	16.24%	16.82%

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