Pareto Bank ASA (OSL: PARB)

Pareto 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	1,978	1,754	1,174	962.35	928.27	886.72
Interest Income on Investments	242.96	170.35	69.44	27.2	44.75	59.81
Total Interest Income	2,221	1,925	1,243	989.55	973.02	946.52
Interest Paid on Deposits	1,008	812.17	314.52	151.21	226.09	266.04
Net Interest Income	1,213	1,113	928.64	838.34	746.92	680.48
Net Interest Income Growth (YoY)	13.50%	19.81%	10.77%	12.24%	9.76%	22.75%
Gain (Loss) on Sale of Investments	36.04	11.51	-33.73	-29.36	31.62	12.07
Gain (Loss) on Sale of Equity Investments	-0.97	-0.92	1.66	1.69	5.62	1.95
Other Non-Interest Income	-6.02	-3.87	68.73	39.99	-29.65	-2.2
Total Non-Interest Income	29.05	6.72	36.67	12.32	7.59	11.82
Non-Interest Income Growth (YoY)	89.03%	-81.67%	197.68%	62.25%	-35.77%	34.58%
Revenues Before Loan Losses	1,242	1,119	965.31	850.66	754.52	692.3
Provision for Loan Losses	114.28	121.67	44.99	20.14	44.85	29.72
Revenue	1,128	997.69	920.31	830.52	709.67	662.58
Revenue Growth (YoY)	12.15%	8.41%	10.81%	17.03%	7.11%	18.61%
Salaries and Employee Benefits	141.3	128.71	120.16	91.02	82.95	76.21
Occupancy Expenses	18.03	16.77	15.92	14.4	9.43	11.45
Selling, General & Administrative	40.51	39.16	33.86	29.77	26.2	26.85
Other Non-Interest Expense	20.89	18.85	16.58	27.17	25.95	23.55
Total Non-Interest Expense	220.72	203.49	186.52	162.37	144.52	138.05
EBT Excluding Unusual Items	907.2	794.2	733.8	668.16	565.15	524.54
Pretax Income	907.2	794.2	733.8	668.16	565.15	524.54
Income Tax Expense	214.72	188.74	178.3	163.62	136.78	126.91
Net Income	692.48	605.46	555.5	504.54	428.37	397.63
Net Income to Common	692.48	605.46	555.5	504.54	428.37	397.63
Net Income Growth	13.03%	9.00%	10.10%	17.78%	7.73%	20.21%
Basic Shares Outstanding	82	82	72	71	72	71
Diluted Shares Outstanding	82	82	72	71	72	71
Shares Change (YoY)	3.52%	13.87%	1.25%	-0.49%	0.18%	19.78%
EPS (Basic)	8.40	7.38	7.71	7.09	5.99	5.57
EPS (Diluted)	8.40	7.38	7.71	7.09	5.99	5.57
EPS Growth	9.18%	-4.28%	8.74%	18.36%	7.54%	0.36%
Dividend Per Share	3.900	3.900	3.860	3.500	3.000	2.000
Dividend Growth	1.04%	1.04%	10.29%	16.67%	50.00%	185.71%
Effective Tax Rate	23.67%	23.76%	24.30%	24.49%	24.20%	24.19%

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