Voss Veksel- og Landmandsbank ASA (OSL:VVL)

OSL:VVL 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	352.42	348.31	295.43	174.78	126.4	146.78
Interest Income on Investments	4.71	4.77	3.36	4.57	2.08	7.44
Total Interest Income	357.13	353.08	298.79	179.35	128.48	154.21
Interest Paid on Deposits	213.3	209.61	162.4	65.45	34.66	59.51
Net Interest Income	143.83	143.48	136.39	113.91	93.83	94.71
Net Interest Income Growth (YoY)	1.06%	5.20%	19.74%	21.40%	-0.93%	-3.23%
Gain (Loss) on Sale of Investments	27.23	23.76	19.64	2.69	2.27	-0.45
Other Non-Interest Income	27.15	24.5	19.65	15.37	13.61	12.39
Total Non-Interest Income	54.38	48.26	39.28	18.06	15.88	11.94
Non-Interest Income Growth (YoY)	16.25%	22.85%	117.54%	13.74%	32.93%	-11.38%
Revenues Before Loan Losses	198.21	191.74	175.67	131.97	109.7	106.65
Provision for Loan Losses	-0.08	2.02	4.42	1.73	0.22	7.53
Revenue	198.29	189.72	171.25	130.23	109.48	99.12
Revenue Growth (YoY)	6.76%	10.78%	31.50%	18.96%	10.45%	-8.97%
Salaries and Employee Benefits	38.29	35.58	31.18	24.25	22.76	21.47
Occupancy Expenses	1.52	1.27	1.42	1.53	1.79	1.99
Selling, General & Administrative	3.84	3.84	4	3.43	2.49	2.17
Other Non-Interest Expense	33.66	30.99	33.58	30.52	24.44	30.44
Total Non-Interest Expense	77.32	71.68	70.17	59.73	51.48	56.07
EBT Excluding Unusual Items	120.98	118.04	101.08	70.51	58	43.05
Pretax Income	120.98	118.04	101.08	70.51	58	43.05
Income Tax Expense	27.98	27.25	23.43	16.31	13.4	9.79
Net Income	92.85	90.79	77.65	54.2	44.6	33.26
Net Income to Common	92.85	90.79	77.65	54.2	44.6	33.26
Net Income Growth	3.84%	16.91%	43.28%	21.51%	34.11%	-28.87%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	0.41%	-0.73%	2.35%	0.56%	2.87%	10.88%
EPS (Basic)	39.85	38.91	33.04	23.60	19.53	14.98
EPS (Diluted)	39.85	38.91	33.04	23.60	19.53	14.98
EPS Growth	3.41%	17.77%	40.00%	20.84%	30.37%	-35.85%
Dividend Per Share	16.500	16.500	14.100	10.500	10.050	10.300
Dividend Growth	17.02%	17.02%	34.29%	4.48%	-2.43%	-
Effective Tax Rate	23.13%	23.09%	23.18%	23.13%	23.11%	22.75%

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