Sparebanken Møre 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
Interest Income on Loans	5,103	5,968	4,916	2,730	1,723
Interest Income on Investments	958	-	-	-	-
Total Interest Income	6,061	5,968	4,916	2,730	1,723
Interest Paid on Deposits	4,041	3,897	3,016	1,213	457
Total Interest Expense	4,041	3,897	3,016	1,213	457
Net Interest Income	2,020	2,071	1,900	1,517	1,266
Net Interest Income Growth (YoY)	-2.46%	9.00%	25.25%	19.83%	3.18%
Gain (Loss) on Sale of Investments	-	-17	8	-51	-5
Other Non-Interest Income	370	347	287	290	266
Total Non-Interest Income	370	330	295	239	261
Non-Interest Income Growth (YoY)	12.12%	11.86%	23.43%	-8.43%	-6.79%
Revenues Before Loan Losses	2,390	2,401	2,195	1,756	1,527
Provision for Loan Losses	47	20	-53	-4	49
Revenue	2,343	2,381	2,248	1,760	1,478
Revenue Growth (YoY)	-1.60%	5.92%	27.73%	19.08%	8.84%
Salaries and Employee Benefits	538	437	400	364	304
Occupancy Expenses	62	55	49	46	45
Selling, General & Administrative	44	51	55	44	35
Other Non-Interest Expense	349	412	355	293	261
Total Non-Interest Expense	993	955	859	747	645
EBT Excluding Unusual Items	1,350	1,426	1,389	1,013	833
Pretax Income	1,350	1,426	1,389	1,013	833
Income Tax Expense	320	340	334	236	191
Net Income	1,030	1,086	1,055	777	642
Preferred Dividends & Other Adjustments	554	591	568	406	334
Net Income to Common	476	495	487	371	308
Net Income Growth	-5.16%	2.94%	35.78%	21.03%	13.23%
Basic Shares Outstanding	50	49	49	49	49
Diluted Shares Outstanding	50	49	49	49	49
Shares Change (YoY)	0.70%	0.26%	-0.08%	-0.04%	0.00%
EPS (Basic)	9.57	10.02	9.89	7.52	6.24
EPS (Diluted)	9.57	10.02	9.89	7.52	6.24
EPS Growth	-4.51%	1.38%	31.37%	20.50%	14.92%
Dividend Per Share	7.000	6.250	7.500	4.000	3.200
Dividend Growth	12.00%	-16.67%	87.50%	25.00%	255.56%
Effective Tax Rate	23.70%	23.84%	24.05%	23.30%	22.93%

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