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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	308.44	308.85	230.87	225.5	469.74	623.74
Investment Securities	95.71	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	95.71	108.46	108.02	103.15	125.57	88.85
Gross Loans	-	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	-	808.06	926.42	934.72	880.21	1,752
Property, Plant & Equipment	27.39	28.78	30.44	27.22	26.92	68.31
Goodwill	-	-	-	-	-	19.45
Other Intangible Assets	2.43	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	127.33	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	6.62	7.21	6.3	4.71	4.16	10.79
Other Real Estate Owned & Foreclosed	-	0.18	-	0.13	-	-
Other Long-Term Assets	11.67	2.92	6.04	0.93	1.37	4.02
Total Assets	1,437	1,399	1,491	1,532	1,631	2,845
Accounts Payable	-	1.63	3.45	3.6	3.29	3.89
Accrued Expenses	5.31	3.02	2.68	4.88	2.07	3.79
Interest Bearing Deposits	1,064	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	1,064	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	-	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	84.95	20.35	47.71	32.12	58.95	99.51
Long-Term Leases	3.08	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	102.81	54.88	63.26	63.32	59.16	876.95
Total Liabilities	1,260	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	41.04	40.59	39.56	30.8	20.24	11.62
Comprehensive Income & Other	4.98	1.19	2.11	2.95	3.18	-1.67
Total Common Equity	176.89	172.65	172.54	164.62	145.74	119.49
Minority Interest	-	-	-	-	-	101.46
Shareholders' Equity	176.89	172.65	172.54	164.62	145.74	220.95
Total Liabilities & Equity	1,437	1,399	1,491	1,532	1,631	2,845
Total Debt	88.03	65.41	89.42	57.85	97.73	144.61
Net Cash (Debt)	220.41	243.68	141.73	173.12	406.11	508.65
Net Cash Growth	41.54%	71.92%	-18.13%	-57.37%	-20.16%	9.11%
Net Cash Per Share	1.80	2.15	1.25	1.53	3.95	5.61
Filing Date Shares Outstanding	110.4	113.1	113.1	113.1	113.05	99.23
Total Common Shares Outstanding	110.4	113.1	113.1	113.1	113.05	99.23
Book Value Per Share	1.60	1.53	1.53	1.46	1.29	1.20
Tangible Book Value	174.46	169.93	169.79	160.77	140.67	87.15
Tangible Book Value Per Share	1.58	1.50	1.50	1.42	1.24	0.88

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