Glarner Kantonalbank Income Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	106.75	156.74	153.53	74.47	70.28
Interest Income on Investments	15.87	12.14	11.95	8.66	5.2
Total Interest Income	122.62	168.88	165.48	83.14	75.48
Interest Paid on Deposits	65.97	108.24	96.71	15.57	6.5
Net Interest Income	56.66	60.64	68.77	67.57	68.99
Net Interest Income Growth (YoY)	-6.57%	-11.82%	1.78%	-2.05%	2.43%
Income From Trading Activities	18.75	16.52	-	8.81	4.94
Gain (Loss) on Sale of Investments	0.44	0.6	0.09	-5.74	0.06
Other Non-Interest Income	23.08	22.75	34.88	14.57	15.95
Total Non-Interest Income	42.39	40	35.09	17.74	20.98
Non-Interest Income Growth (YoY)	5.99%	13.98%	97.79%	-15.44%	4.73%
Revenues Before Loan Losses	99.05	100.64	103.86	85.31	89.97
Provision for Loan Losses	3.25	2.15	1.69	-4.33	-0.78
Revenue	95.8	98.49	102.18	89.64	90.74
Revenue Growth (YoY)	-2.73%	-3.61%	13.99%	-1.22%	8.83%
Salaries and Employee Benefits	41	41.25	39.68	38	35.34
Occupancy Expenses	5.28	4.74	5.45	-	5.87
Selling, General & Administrative	-	-	-	22.76	20.22
Other Non-Interest Expense	23.58	23.68	26.19	-0.44	0.25
Total Non-Interest Expense	69.86	69.68	71.32	60.32	61.68
EBT Excluding Unusual Items	25.94	28.82	30.86	29.32	29.06
Other Unusual Items	0.03	-	0	-	0.15
Pretax Income	25.97	28.82	30.86	29.32	29.21
Income Tax Expense	4.14	4.53	4.86	4.03	4.75
Net Income	21.83	24.29	26	25.29	24.46
Net Income to Common	21.83	24.29	26	25.29	24.46
Net Income Growth	-10.14%	-6.60%	2.81%	3.39%	-5.67%
Basic Shares Outstanding	14	14	14	14	12
Diluted Shares Outstanding	14	14	14	14	14
Shares Change (YoY)	-	2.10%	2.84%	-	-
EPS (Basic)	1.62	1.80	1.93	1.87	2.12
EPS (Diluted)	1.54	1.71	1.87	1.87	1.87
EPS Growth	-9.94%	-8.56%	-	-	-5.56%
Dividend Per Share	1.000	1.000	1.100	1.100	1.100
Dividend Growth	-	-9.09%	-	-	-
Effective Tax Rate	15.95%	15.71%	15.75%	13.74%	16.26%

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