The National Bank (PEX:TNB)

The National Bank Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	302.59	308.85	230.87	225.5	469.74	623.74
Investment Securities	98.03	108.22	107.74	97.68	124.08	86.33
Trading Asset Securities	4.17	0.24	0.29	5.47	1.49	2.53
Total Investments	102.2	108.46	108.02	103.15	125.57	88.85
Gross Loans	899.06	870.9	976.47	990.48	932.99	1,819
Allowance for Loan Losses	-53.28	-53.91	-41.72	-43.74	-42.08	-55.18
Other Adjustments to Gross Loans	-8.29	-8.92	-8.33	-12.02	-10.7	-12
Net Loans	837.48	808.06	926.42	934.72	880.21	1,752
Property, Plant & Equipment	28.25	28.78	30.44	27.22	26.92	68.31
Goodwill	-	-	-	-	-	19.45
Other Intangible Assets	2.58	2.72	2.75	3.85	5.08	12.89
Investments in Real Estate	-	-	-	-	-	8.38
Accrued Interest Receivable	7.43	3.27	8.84	11.6	7.19	48.41
Other Receivables	0.17	30.66	66.02	112.31	1.05	31.92
Restricted Cash	101.16	97.1	103.02	106.4	107.99	174.2
Other Current Assets	1.11	0.73	2.14	1.81	1.48	2.25
Long-Term Deferred Tax Assets	6.17	7.21	6.3	4.71	4.16	10.79
Other Real Estate Owned & Foreclosed	0.18	0.18	-	0.13	-	-
Other Long-Term Assets	3.96	2.92	6.04	0.93	1.37	4.02
Total Assets	1,393	1,399	1,491	1,532	1,631	2,845
Accounts Payable	1.61	1.63	3.45	3.6	3.29	3.89
Accrued Expenses	3.94	3.02	2.68	4.88	2.07	3.79
Interest Bearing Deposits	442.68	469.46	461.71	532.76	645.12	627.32
Non-Interest Bearing Deposits	586.51	600.63	657.14	668.08	641.65	871.57
Total Deposits	1,029	1,070	1,119	1,201	1,287	1,499
Short-Term Borrowings	-	2.51	6.71	-	5.01	7.89
Current Portion of Long-Term Debt	23.59	36.54	28.52	19.82	27.05	21.41
Current Portion of Leases	-	0.49	0.5	0.46	1.15	3.81
Current Income Taxes Payable	2.51	3.15	4.81	4.72	1.28	3.33
Accrued Interest Payable	3.42	3.83	5.81	3.41	3.71	3.35
Other Current Liabilities	9.54	15.89	21.1	20.29	22.32	70.25
Long-Term Debt	64.53	20.35	47.71	32.12	58.95	99.51
Long-Term Leases	5.79	5.52	5.98	5.45	5.57	11.99
Long-Term Unearned Revenue	1.03	1.11	1.82	2.4	-	-
Pension & Post-Retirement Benefits	7.58	7.29	7.13	6.38	6.13	15.67
Other Long-Term Liabilities	65.9	54.88	63.26	63.32	59.16	876.95
Total Liabilities	1,219	1,226	1,318	1,368	1,485	2,624
Common Stock	113.1	113.1	113.1	113.1	104.55	91.76
Additional Paid-In Capital	17.77	17.77	17.77	17.77	17.77	17.77
Retained Earnings	39.83	40.59	39.56	30.8	20.24	11.62
Comprehensive Income & Other	3.93	1.19	2.11	2.95	3.18	-1.67
Total Common Equity	174.64	172.65	172.54	164.62	145.74	119.49
Minority Interest	-	-	-	-	-	101.46
Shareholders' Equity	174.64	172.65	172.54	164.62	145.74	220.95
Total Liabilities & Equity	1,393	1,399	1,491	1,532	1,631	2,845
Total Debt	93.91	65.41	89.42	57.85	97.73	144.61
Net Cash (Debt)	212.85	243.68	141.73	173.12	406.11	508.65
Net Cash Growth	19.89%	71.92%	-18.13%	-57.37%	-20.16%	9.11%
Net Cash Per Share	1.88	2.15	1.25	1.53	3.95	5.61
Filing Date Shares Outstanding	113.1	113.1	113.1	113.1	113.05	99.23
Total Common Shares Outstanding	113.1	113.1	113.1	113.1	113.05	99.23
Book Value Per Share	1.54	1.53	1.53	1.46	1.29	1.20
Tangible Book Value	172.06	169.93	169.79	160.77	140.67	87.15
Tangible Book Value Per Share	1.52	1.50	1.50	1.42	1.24	0.88

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