Sparebanken Øst (OSL:SPOG)

Sparebanken Øst 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,748	2,729	2,245	1,355	966.6	1,122
Interest Income on Investments	26.7	87.4	45.9	53.9	71.4	11.8
Total Interest Income	2,774	2,816	2,291	1,409	1,038	1,133
Interest Paid on Deposits	1,845	1,797	1,416	669.3	335.3	489.3
Net Interest Income	929.6	1,019	874.7	740	702.7	644
Net Interest Income Growth (YoY)	-4.97%	16.50%	18.20%	5.31%	9.12%	-3.98%
Gain (Loss) on Sale of Assets	-	-	-	0.7	2.9	19.8
Gain (Loss) on Sale of Investments	89.1	-41.8	0.1	-83.7	8.1	150.7
Other Non-Interest Income	55.7	62.6	42	41.2	47.1	30.1
Total Non-Interest Income	144.8	20.8	42.1	-41.8	58.1	200.6
Non-Interest Income Growth (YoY)	254.03%	-50.59%	-	-	-71.04%	293.33%
Revenues Before Loan Losses	1,074	1,040	916.8	698.2	760.8	844.6
Provision for Loan Losses	15.9	13.6	6.7	6.8	0.5	15.1
Revenue	1,059	1,026	910.1	691.4	760.3	829.5
Revenue Growth (YoY)	4.91%	12.76%	31.63%	-9.06%	-8.34%	18.03%
Salaries and Employee Benefits	200.2	196.5	194.7	168.5	175.8	167.4
Occupancy Expenses	28.6	27.3	29	27.2	27.6	27.3
Selling, General & Administrative	-	-	-	-	-	57.4
Other Non-Interest Expense	137.4	136.2	122.1	113.8	102.2	43.9
Total Non-Interest Expense	366.2	360	345.8	309.5	305.6	296
EBT Excluding Unusual Items	692.3	666.2	564.3	381.9	454.7	533.5
Pretax Income	692.3	666.2	564.3	381.9	454.7	533.5
Income Tax Expense	134.8	142.9	123.7	85.5	79.3	80.4
Net Income	557.5	523.3	440.6	296.4	375.4	453.1
Preferred Dividends & Other Adjustments	406.5	382.4	323	217	268.5	315.8
Net Income to Common	151	140.9	117.6	79.4	106.9	137.3
Net Income Growth	8.38%	18.77%	48.65%	-21.04%	-17.15%	45.46%
Basic Shares Outstanding	21	21	21	21	21	21
Diluted Shares Outstanding	21	21	21	21	21	21
Shares Change (YoY)	-	-	-	-	-0.15%	-
EPS (Basic)	7.29	6.81	5.68	3.84	5.16	6.62
EPS (Diluted)	7.29	6.80	5.67	3.83	5.16	6.62
EPS Growth	9.61%	19.93%	48.04%	-25.77%	-22.05%	35.93%
Dividend Per Share	6.400	6.400	5.400	3.800	3.850	4.500
Dividend Growth	18.52%	18.52%	42.10%	-1.30%	-14.44%	25.00%
Effective Tax Rate	19.47%	21.45%	21.92%	22.39%	17.44%	15.07%

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