OSL:VVL Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	354.44	348.31	295.43	174.78	126.4
Interest Income on Investments	5.4	4.77	3.36	4.57	2.08
Total Interest Income	359.85	353.08	298.79	179.35	128.48
Interest Paid on Deposits	216.58	209.61	162.4	65.45	34.66
Net Interest Income	143.26	143.48	136.39	113.91	93.83
Net Interest Income Growth (YoY)	-0.15%	5.20%	19.74%	21.40%	-0.93%
Gain (Loss) on Sale of Investments	25.31	23.76	19.64	2.69	2.27
Other Non-Interest Income	28.96	24.5	19.65	15.37	13.61
Total Non-Interest Income	54.28	48.26	39.28	18.06	15.88
Non-Interest Income Growth (YoY)	12.47%	22.85%	117.54%	13.74%	32.93%
Revenues Before Loan Losses	197.54	191.74	175.67	131.97	109.7
Provision for Loan Losses	0.65	2.02	4.42	1.73	0.22
Revenue	196.89	189.72	171.25	130.23	109.48
Revenue Growth (YoY)	3.78%	10.78%	31.50%	18.96%	10.45%
Salaries and Employee Benefits	40.92	35.58	31.18	24.25	22.76
Occupancy Expenses	1.85	1.27	1.42	1.53	1.79
Selling, General & Administrative	-	3.84	4	3.43	2.49
Other Non-Interest Expense	38.2	30.99	33.58	30.52	24.44
Total Non-Interest Expense	80.97	71.68	70.17	59.73	51.48
EBT Excluding Unusual Items	115.92	118.04	101.08	70.51	58
Pretax Income	115.92	118.04	101.08	70.51	58
Income Tax Expense	26.61	27.25	23.43	16.31	13.4
Net Income	89.31	90.79	77.65	54.2	44.6
Net Income to Common	89.31	90.79	77.65	54.2	44.6
Net Income Growth	-1.63%	16.91%	43.28%	21.51%	34.11%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	0.20%	-0.73%	2.35%	0.56%	2.87%
EPS (Basic)	38.20	38.91	33.04	23.60	19.53
EPS (Diluted)	38.20	38.91	33.04	23.60	19.53
EPS Growth	-1.82%	17.77%	40.00%	20.84%	30.37%
Dividend Per Share	18.750	16.500	14.100	10.500	10.050
Dividend Growth	13.64%	17.02%	34.29%	4.48%	-2.43%
Effective Tax Rate	22.96%	23.09%	23.18%	23.13%	23.11%

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