Norion Bank AB (publ) (STO:NORION)

Norion Bank AB Income Statement

Financials in millions SEK. 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	5,126	5,236	4,609	3,385	2,684
Interest Paid on Deposits	1,665	1,923	1,318	486	361
Net Interest Income	3,461	3,313	3,291	2,899	2,323
Net Interest Income Growth (YoY)	4.47%	0.67%	13.52%	24.80%	25.70%
Gain (Loss) on Sale of Investments	-	12	61	-8	-12
Other Non-Interest Income	386	373	296	322	326
Total Non-Interest Income	386	385	357	314	314
Non-Interest Income Growth (YoY)	0.26%	7.84%	13.69%	-	0.32%
Revenues Before Loan Losses	3,847	3,698	3,648	3,213	2,637
Provision for Loan Losses	838	1,014	1,078	938	884
Revenue	3,009	2,684	2,570	2,275	1,753
Revenue Growth (YoY)	12.11%	4.44%	12.97%	29.78%	29.66%
Salaries and Employee Benefits	476	435	357	321	284
Occupancy Expenses	81	71	67	63	37
Selling, General & Administrative	35	-	-	-	-
Other Non-Interest Expense	579	569	510	448	452
Total Non-Interest Expense	1,171	1,075	934	832	773
EBT Excluding Unusual Items	1,838	1,609	1,636	1,443	980
Asset Writedown	-	-	-	-	-23
Pretax Income	1,838	1,609	1,636	1,443	957
Income Tax Expense	400	344	342	302	204
Net Income	1,438	1,265	1,294	1,141	753
Preferred Dividends & Other Adjustments	7	15	58	44	40
Net Income to Common	1,431	1,250	1,236	1,097	713
Net Income Growth	13.68%	-2.24%	13.41%	51.53%	126.13%
Basic Shares Outstanding	195	205	205	205	205
Diluted Shares Outstanding	195	205	205	205	205
Shares Change (YoY)	-5.11%	-	-	-	-0.01%
EPS (Basic)	7.34	6.09	6.02	5.34	3.47
EPS (Diluted)	7.12	6.09	6.02	5.34	3.47
EPS Growth	16.98%	1.13%	12.70%	53.89%	144.09%
Effective Tax Rate	21.76%	21.38%	20.91%	20.93%	21.32%

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