SpareBank 1 Ringerike Hadeland (OSL:RING)

OSL:RING Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,782	1,779	1,482	867	562	619
Interest Income on Investments	77	82	63	72	57	63
Total Interest Income	1,859	1,861	1,545	939	619	682
Interest Paid on Deposits	1,006	999	787	349	143	229
Net Interest Income	853	862	758	590	476	453
Net Interest Income Growth (YoY)	5.70%	13.72%	28.48%	23.95%	5.08%	-0.66%
Gain (Loss) on Sale of Investments	77	77	2	-2	-1	-21
Gain (Loss) on Sale of Equity Investments	103	97	-5	27	89	83
Other Non-Interest Income	364	352	326	335	357	317
Total Non-Interest Income	544	526	323	360	445	379
Non-Interest Income Growth (YoY)	65.35%	62.85%	-10.28%	-19.10%	17.41%	-12.67%
Revenues Before Loan Losses	1,397	1,388	1,081	950	921	832
Provision for Loan Losses	37.3	33	14	19	-6	28
Revenue	1,360	1,355	1,067	931	927	804
Revenue Growth (YoY)	21.49%	26.99%	14.61%	0.43%	15.30%	-8.74%
Salaries and Employee Benefits	268	262	260	227	215	206
Selling, General & Administrative	23	23	26	19	13	13
Other Non-Interest Expense	192.7	193	169	150	141	130
Total Non-Interest Expense	485.7	478	455	396	369	349
EBT Excluding Unusual Items	874	877	612	535	558	455
Pretax Income	874	877	612	535	558	455
Income Tax Expense	166	173	150	114	112	88
Earnings From Continuing Operations	708	704	462	421	446	367
Minority Interest in Earnings	-1.4	-0.4	-0.4	-0.4	-0.5	-0.5
Net Income	706.6	703.6	461.6	420.6	445.5	366.5
Preferred Dividends & Other Adjustments	19	19	12	11	12	10
Net Income to Common	687.6	684.6	449.6	409.6	433.5	356.5
Net Income Growth	44.97%	52.43%	9.75%	-5.59%	21.55%	-13.87%
Basic Shares Outstanding	16	16	16	16	16	16
Diluted Shares Outstanding	16	16	16	16	16	16
Shares Change (YoY)	-0.30%	-0.31%	0.16%	0.12%	-0.11%	-0.09%
EPS (Basic)	43.96	43.79	28.67	26.16	27.72	22.77
EPS (Diluted)	43.96	43.79	28.67	26.16	27.72	22.77
EPS Growth	45.38%	52.74%	9.59%	-5.63%	21.74%	-13.91%
Dividend Per Share	30.000	30.000	20.000	13.100	13.900	2.200
Dividend Growth	50.00%	50.00%	52.67%	-5.75%	531.82%	-83.46%
Effective Tax Rate	18.99%	19.73%	24.51%	21.31%	20.07%	19.34%

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.