SpareBank 1 Nord-Norge (SPXXF)

SpareBank 1 Nord-Norge 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	7,949	7,887	6,561	3,824	2,542
Interest Income on Investments	136	81	101	90	36
Total Interest Income	8,085	7,968	6,662	3,914	2,578
Interest Paid on Deposits	3,919	3,859	2,934	1,268	528
Net Interest Income	4,166	4,109	3,728	2,646	2,050
Net Interest Income Growth (YoY)	1.39%	10.22%	40.89%	29.07%	-2.94%
Gain (Loss) on Sale of Assets	-	452	-	-	-
Gain (Loss) on Sale of Investments	228	149	138	-20	467
Gain (Loss) on Sale of Equity Investments	-	374	-56	204	291
Other Non-Interest Income	2,066	1,541	1,404	1,234	1,499
Total Non-Interest Income	2,294	2,516	1,486	1,418	2,257
Non-Interest Income Growth (YoY)	-8.82%	69.31%	4.79%	-37.17%	15.86%
Revenues Before Loan Losses	6,460	6,625	5,214	4,064	4,307
Provision for Loan Losses	81	110	116	63	-235
Revenue	6,379	6,515	5,098	4,001	4,542
Revenue Growth (YoY)	-2.09%	27.79%	27.42%	-11.91%	21.83%
Salaries and Employee Benefits	1,149	1,103	986	844	936
Occupancy Expenses	92	-	-	-	-
Selling, General & Administrative	621	-	-	-	-
Other Non-Interest Expense	238	900	839	793	812
Total Non-Interest Expense	2,100	2,003	1,825	1,637	1,748
EBT Excluding Unusual Items	4,279	4,512	3,273	2,364	2,794
Pretax Income	4,279	4,512	3,273	2,364	2,794
Income Tax Expense	822	849	725	513	499
Earnings From Continuing Operations	3,457	3,663	2,548	1,851	2,295
Minority Interest in Earnings	-36	-33	-27	-27	-12
Net Income	3,421	3,630	2,521	1,824	2,283
Preferred Dividends & Other Adjustments	-	1,994	1,379	996	1,238
Net Income to Common	3,421	1,636	1,142	828	1,045
Net Income Growth	-5.76%	43.99%	38.21%	-20.11%	31.06%
Basic Shares Outstanding	224	100	100	100	100
Diluted Shares Outstanding	224	100	100	100	100
Shares Change (YoY)	122.85%	-	-	-	-
EPS (Basic)	15.29	16.30	11.37	8.25	10.41
EPS (Diluted)	15.29	16.30	11.37	8.25	10.41
EPS Growth	-6.17%	43.26%	37.92%	-20.77%	31.94%
Dividend Per Share	-	8.750	7.000	8.200	7.000
Dividend Growth	-	25.00%	-14.63%	17.14%	79.49%
Effective Tax Rate	19.21%	18.82%	22.15%	21.70%	17.86%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.