Nidaros Sparebank (OSL: NISB)

Nidaros Sparebank 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	240.66	203.21	129.09	95.33	106.99	123.88
Interest Income on Investments	32.17	23.31	14.09	9.72	11.44	10.1
Total Interest Income	272.83	226.52	143.18	105.05	118.43	133.99
Interest Paid on Deposits	158.35	111.9	49.79	26.67	40.01	27.83
Interest Paid on Borrowings	-	-	-	-	-	24.35
Total Interest Expense	158.35	111.9	49.79	26.67	40.01	52.18
Net Interest Income	114.49	114.62	93.39	78.38	78.42	81.81
Net Interest Income Growth (YoY)	1.64%	22.74%	19.15%	-0.05%	-4.14%	21.44%
Gain (Loss) on Sale of Investments	4.55	2.54	-1.97	0.06	0.87	1.31
Other Non-Interest Income	14.92	11.81	10.63	16.55	15.42	16.3
Total Non-Interest Income	19.46	14.36	8.66	16.61	16.29	18.01
Non-Interest Income Growth (YoY)	27.67%	65.75%	-47.86%	2.00%	-9.56%	-8.47%
Revenues Before Loan Losses	133.95	128.98	102.05	94.99	94.71	99.81
Provision for Loan Losses	2.58	4.8	3.35	-4.29	5.35	4.43
Revenue	131.37	124.18	98.7	99.28	89.35	95.39
Revenue Growth (YoY)	9.31%	25.82%	-0.59%	11.11%	-6.32%	16.04%
Salaries and Employee Benefits	44.8	38.68	32.88	30.37	26.05	26.35
Occupancy Expenses	3.18	4.11	2.74	2.24	1.36	1.59
Selling, General & Administrative	2.96	2.96	1.03	2.71	3.68	14.7
Other Non-Interest Expense	39.6	36.11	27.79	28.69	23.81	10.32
Total Non-Interest Expense	90.54	81.86	64.43	64.01	54.89	53.9
EBT Excluding Unusual Items	40.84	42.32	34.27	35.27	34.46	41.49
Pretax Income	40.84	42.32	34.27	35.27	34.46	41.49
Income Tax Expense	8.6	8.94	7.14	7.52	6.81	10.55
Net Income	32.24	33.38	27.13	27.75	27.65	30.94
Preferred Dividends & Other Adjustments	26.24	26.24	20.68	20.68	20.67	-
Net Income to Common	6	7.14	6.45	7.08	6.98	30.94
Net Income Growth	-8.28%	23.03%	-2.24%	0.38%	-10.63%	30.67%
Basic Shares Outstanding	-	1	1	1	1	-
Diluted Shares Outstanding	-	1	1	1	1	-
Shares Change (YoY)	-	-	-	-0.01%	-	-
EPS (Basic)	-	6.34	5.73	6.28	6.20	-
EPS (Diluted)	-	6.34	5.73	6.28	6.20	-
EPS Growth	-	10.71%	-8.83%	1.42%	-	-
Dividend Per Share	5.670	5.670	8.600	5.860	5.370	5.510
Dividend Growth	-34.07%	-34.07%	46.76%	9.12%	-2.54%	-3.67%
Effective Tax Rate	21.05%	21.13%	20.83%	21.31%	19.77%	25.43%

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