SpareBank 1 Nordmøre (OSL:SNOR)

SpareBank 1 Nordmøre Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	1,512	1,468	1,230	752	460
Interest Income on Investments	252	207	171	91	59
Total Interest Income	1,764	1,675	1,401	843	519
Interest Paid on Deposits	1,002	954	760	342	155
Net Interest Income	762	721	641	501	364
Net Interest Income Growth (YoY)	5.69%	12.48%	27.94%	37.64%	46.77%
Gain (Loss) on Sale of Investments	-	-	31	55	-10
Gain (Loss) on Sale of Equity Investments	54	53	-2	11	46
Other Non-Interest Income	293	319	219	231	232
Total Non-Interest Income	347	372	248	297	268
Non-Interest Income Growth (YoY)	-6.72%	50.00%	-16.50%	10.82%	34.00%
Revenues Before Loan Losses	1,109	1,093	889	798	632
Provision for Loan Losses	28	78	54	28	35
Revenue	1,081	1,015	835	770	597
Revenue Growth (YoY)	6.50%	21.56%	8.44%	28.98%	39.49%
Salaries and Employee Benefits	255	240	234	202	180
Selling, General & Administrative	11	12	19	20	17
Other Non-Interest Expense	188	165	173	157	225
Total Non-Interest Expense	454	417	426	379	422
EBT Excluding Unusual Items	627	598	409	391	175
Pretax Income	627	598	409	391	175
Income Tax Expense	121	110	94	58	29
Earnings From Continuing Operations	506	488	315	333	146
Minority Interest in Earnings	-3	-1	-1	-2	-4
Net Income	503	487	314	331	142
Preferred Dividends & Other Adjustments	189	188	203	207	89
Net Income to Common	314	299	111	124	53
Net Income Growth	3.28%	55.10%	-5.14%	133.10%	-1.39%
Basic Shares Outstanding	17	16	9	9	9
Diluted Shares Outstanding	17	16	9	9	9
Shares Change (YoY)	5.24%	75.54%	0.28%	1.29%	291.46%
EPS (Basic)	18.85	18.89	12.31	13.79	5.97
EPS (Diluted)	18.85	18.89	12.31	13.79	5.97
EPS Growth	-0.21%	53.45%	-10.73%	130.99%	-35.53%
Dividend Per Share	11.000	8.500	7.000	8.000	5.000
Dividend Growth	29.41%	21.43%	-12.50%	60.00%	-23.08%
Effective Tax Rate	19.30%	18.39%	22.98%	14.83%	16.57%

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