Luzerner Kantonalbank AG (SWX: LUKN)

Luzerner Kantonalbank AG Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	991.78	941.6	487.28	401.51	418.33	430.73
Interest Income on Investments	45.08	41.7	26.11	26.72	27.38	26.84
Total Interest Income	1,037	983.29	513.39	428.24	445.71	457.57
Interest Paid on Deposits	587.24	555.93	108.92	35.16	62.18	100.07
Net Interest Income	449.62	427.36	404.47	393.08	383.53	357.51
Net Interest Income Growth (YoY)	7.22%	5.66%	2.90%	2.49%	7.28%	4.87%
Income From Trading Activities	55.37	59.6	61.52	51.64	50.27	-
Gain (Loss) on Sale of Investments	21.75	10.06	9.73	26.6	3.85	9.43
Gain (Loss) on Sale of Equity Investments	3.67	5.62	4.46	5.23	3.44	4.54
Other Non-Interest Income	119.69	110.48	113.25	120.66	102.88	136.46
Total Non-Interest Income	207.54	192.62	195.47	209.2	165.33	155.75
Non-Interest Income Growth (YoY)	4.78%	-1.46%	-6.56%	26.53%	6.15%	7.45%
Revenues Before Loan Losses	657.16	619.99	599.94	602.28	548.87	513.26
Provision for Loan Losses	12.72	5.13	14.22	20.98	17.77	8.94
Revenue	644.44	614.86	585.72	581.3	531.09	504.32
Revenue Growth (YoY)	5.03%	4.97%	0.76%	9.45%	5.31%	4.57%
Salaries and Employee Benefits	208.04	196.58	187.61	181.9	167.03	158.23
Occupancy Expenses	35.44	35.44	33.55	38.06	26.21	19.43
Selling, General & Administrative	80.62	75.95	70.86	66.95	75.79	75.14
Other Non-Interest Expense	30.63	3.41	34.09	36.73	19.82	12.65
Total Non-Interest Expense	354.73	311.38	326.11	323.62	288.85	265.45
EBT Excluding Unusual Items	289.72	303.48	259.62	257.68	242.24	238.87
Other Unusual Items	32.08	-	4.28	-	4.4	0.05
Pretax Income	321.8	303.48	263.9	257.68	246.64	238.92
Income Tax Expense	38.43	38.08	37.29	36.3	35.77	34
Net Income	283.37	265.4	226.6	221.38	210.87	204.92
Net Income to Common	283.37	265.4	226.6	221.38	210.87	204.92
Net Income Growth	10.41%	17.12%	2.36%	4.99%	2.90%	2.24%
Basic Shares Outstanding	-	49	42	42	42	42
Diluted Shares Outstanding	-	49	42	42	42	42
Shares Change (YoY)	-	16.38%	-0.01%	0.08%	0.03%	-0.14%
EPS (Basic)	-	5.38	5.34	5.22	4.97	4.83
EPS (Diluted)	-	5.38	5.34	5.22	4.97	4.83
EPS Growth	-	0.64%	2.37%	4.90%	2.88%	2.39%
Dividend Per Share	-	2.500	2.500	2.500	2.500	2.500
Effective Tax Rate	11.94%	12.55%	14.13%	14.09%	14.50%	14.23%

Source: S&P Capital IQ. Banks template. Financial Sources.