SpareBank 1 SMN 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
Net Interest Income	5,343	5,373	4,632	3,339	2,805
Net Interest Income Growth	-0.56%	16.00%	38.72%	19.04%	1.67%
Non-Interest Income	3,725	3,750	2,883	2,422	2,162
Non-Interest Income Growth	-0.67%	30.07%	19.03%	12.03%	-15.38%
Revenues Before Loan Losses	9,068	9,123	7,515	5,761	4,967
Provision for Credit Losses	140	176	14	-7	161
Revenue	8,928	8,947	7,501	5,768	4,806
Revenue Growth (YoY)	-0.21%	19.28%	30.04%	20.02%	10.15%
Compensation Expenses	2,089	1,981	1,691	1,406	1,378
Selling, General & Admin	1,390	1,319	1,326	1,038	981
Total Non-Interest Expense	3,479	3,300	3,017	2,443	2,360
Pretax Income	5,449	5,647	4,484	3,325	2,446
Provision for Income Taxes	1,072	1,054	904	718	563
Net Income	4,117	4,339	3,489	2,593	1,873
Minority Interest in Earnings	88	106	74	130	160
Net Income Attributable to Preferred Dividends	161	146	125	63	50
Earnings From Discontinued Operations	-11	-2	108	179	200
Net Income to Common	4,117	4,339	3,489	2,593	1,873
Net Income Growth	-5.12%	24.36%	34.55%	38.44%	112.12%
Shares Outstanding (Basic)	144	144	138	129	129
Shares Outstanding (Diluted)	144	144	138	129	129
Shares Change (YoY)	0.00%	4.40%	6.80%	-0.02%	-0.01%
EPS (Basic)	19.08	20.10	16.87	12.82	13.31
EPS (Diluted)	19.08	20.10	16.87	12.82	13.31
EPS Growth	-5.08%	19.15%	31.59%	-3.68%	50.06%
Shares Outstanding	144.21	144.21	138.11	129.29	129.39
Free Cash Flow	9,754	636	7,809	-8,471	-1,966
Free Cash Flow Growth	1433.65%	-91.86%	-	-	-
Free Cash Flow Per Share	67.65	4.41	56.54	-65.51	-15.20
Dividends Per Share	13.500	12.500	12.000	6.500	7.500
Dividend Growth	8.00%	4.17%	84.61%	-13.33%	70.45%
Profit Margin	49.03%	51.34%	47.73%	45.20%	39.18%
FCF Margin	109.25%	7.11%	104.11%	-146.86%	-40.91%
EBITDA	0	0	0	117	186
EBITDA Margin	0.00%	0.00%	0.00%	2.03%	3.87%
Effective Tax Rate	19.67%	18.66%	20.16%	21.59%	23.02%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.