Avarda Bank AB Income Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	3,626	3,476	3,041	2,324	1,435	1,074
Interest Income on Investments	11.16	11.16	60.55	44.63	38.36	-
Total Interest Income	3,637	3,488	3,101	2,369	1,473	1,074
Interest Paid on Deposits	808.26	808.62	845.45	547.61	210.8	120.44
Net Interest Income	2,829	2,679	2,256	1,821	1,262	953.67
Net Interest Income Growth (YoY)	20.30%	18.76%	23.85%	44.30%	32.35%	20.83%
Gain (Loss) on Sale of Investments	-2.25	-2.25	175.09	-	0.04	0
Other Non-Interest Income	233.83	225.54	182.76	176.81	150.1	101.61
Total Non-Interest Income	231.58	223.29	357.85	176.81	150.14	101.61
Non-Interest Income Growth (YoY)	-37.32%	-37.60%	102.39%	17.76%	47.76%	17.10%
Revenues Before Loan Losses	3,061	2,902	2,614	1,998	1,412	1,055
Provision for Loan Losses	1,054	995.8	819.61	656.85	367.57	260.56
Revenue	2,006	1,906	1,794	1,341	1,045	794.72
Revenue Growth (YoY)	7.97%	6.27%	33.75%	28.38%	31.46%	31.71%
Occupancy Expenses	70.42	70.47	68.4	60.47	37.4	27.36
Selling, General & Administrative	1,026	982.43	865.6	771.21	571.63	413.53
Total Non-Interest Expense	1,072	1,053	1,006	831.67	609.03	440.89
EBT Excluding Unusual Items	934.22	853.56	787.99	509.6	435.73	353.83
Pretax Income	934.22	853.56	787.99	509.6	435.73	352.56
Income Tax Expense	201.88	186.51	155.64	112.9	93.27	75.35
Earnings From Continuing Operations	732.34	667.05	632.35	396.7	342.46	277.21
Net Income	732.34	667.05	632.35	396.7	342.46	277.21
Preferred Dividends & Other Adjustments	25.4	25.84	29.13	19.85	14.36	7.33
Net Income to Common	706.94	641.21	603.22	376.85	328.1	269.88
Net Income Growth	10.62%	5.49%	59.40%	15.84%	23.54%	36.74%
Basic Shares Outstanding	65	65	65	65	65	65
Diluted Shares Outstanding	65	65	65	65	65	65
Shares Change (YoY)	-0.02%	-	0.21%	-	-	-
EPS (Basic)	10.93	9.92	9.33	5.84	5.09	4.18
EPS (Diluted)	10.93	9.92	9.33	5.84	5.09	4.18
EPS Growth	11.60%	6.32%	59.69%	14.86%	21.59%	37.83%
Dividend Per Share	-	-	-	-	-	0.333
Effective Tax Rate	21.61%	21.85%	19.75%	22.15%	21.40%	21.37%

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