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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	329.13	308.85	230.87	225.5	469.74	623.74
Investment Securities	101.82	108.22	107.74	97.68	124.08	86.33
Trading Asset Securities	-	0.24	0.29	5.47	1.49	2.53
Total Investments	101.82	108.46	108.02	103.15	125.57	88.85
Gross Loans	845.37	870.9	976.47	990.48	932.99	1,819
Allowance for Loan Losses	-	-53.91	-41.72	-43.74	-42.08	-55.18
Other Adjustments to Gross Loans	-	-8.92	-8.33	-12.02	-10.7	-12
Net Loans	845.37	808.06	926.42	934.72	880.21	1,752
Property, Plant & Equipment	26.67	28.78	30.44	27.22	26.92	68.31
Goodwill	-	-	-	-	-	19.45
Other Intangible Assets	2.66	2.72	2.75	3.85	5.08	12.89
Investments in Real Estate	-	-	-	-	-	8.38
Accrued Interest Receivable	-	3.27	8.84	11.6	7.19	48.41
Other Receivables	126.86	30.66	66.02	112.31	1.05	31.92
Restricted Cash	-	97.1	103.02	106.4	107.99	174.2
Other Current Assets	-	0.73	2.14	1.81	1.48	2.25
Long-Term Deferred Tax Assets	6.81	7.21	6.3	4.71	4.16	10.79
Other Real Estate Owned & Foreclosed	-	0.18	-	0.13	-	-
Other Long-Term Assets	11.7	2.92	6.04	0.93	1.37	4.02
Total Assets	1,451	1,399	1,491	1,532	1,631	2,845
Accounts Payable	-	1.63	3.45	3.6	3.29	3.89
Accrued Expenses	-	3.02	2.68	4.88	2.07	3.79
Interest Bearing Deposits	1,069	469.46	461.71	532.76	645.12	627.32
Non-Interest Bearing Deposits	-	600.63	657.14	668.08	641.65	871.57
Total Deposits	1,069	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	-	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	5.42	3.15	4.81	4.72	1.28	3.33
Accrued Interest Payable	-	3.83	5.81	3.41	3.71	3.35
Other Current Liabilities	-	15.89	21.1	20.29	22.32	70.25
Long-Term Debt	94.73	20.35	47.71	32.12	58.95	99.51
Long-Term Leases	4.12	5.52	5.98	5.45	5.57	11.99
Long-Term Unearned Revenue	-	1.11	1.82	2.4	-	-
Pension & Post-Retirement Benefits	-	7.29	7.13	6.38	6.13	15.67
Other Long-Term Liabilities	98.74	54.88	63.26	63.32	59.16	876.95
Total Liabilities	1,272	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	43.2	40.59	39.56	30.8	20.24	11.62
Comprehensive Income & Other	5.08	1.19	2.11	2.95	3.18	-1.67
Total Common Equity	179.14	172.65	172.54	164.62	145.74	119.49
Minority Interest	-	-	-	-	-	101.46
Shareholders' Equity	179.14	172.65	172.54	164.62	145.74	220.95
Total Liabilities & Equity	1,451	1,399	1,491	1,532	1,631	2,845
Total Debt	98.85	65.41	89.42	57.85	97.73	144.61
Net Cash (Debt)	230.28	243.68	141.73	173.12	406.11	508.65
Net Cash Growth	49.94%	71.92%	-18.13%	-57.37%	-20.16%	9.11%
Net Cash Per Share	2.01	2.15	1.25	1.53	3.95	5.61
Filing Date Shares Outstanding	107.73	113.1	113.1	113.1	113.05	99.23
Total Common Shares Outstanding	107.73	113.1	113.1	113.1	113.05	99.23
Book Value Per Share	1.66	1.53	1.53	1.46	1.29	1.20
Tangible Book Value	176.48	169.93	169.79	160.77	140.67	87.15
Tangible Book Value Per Share	1.64	1.50	1.50	1.42	1.24	0.88

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