Thurgauer 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	403.5	529.86	524.3	303.35	274.82
Interest Income on Investments	11.28	10.02	8.35	5.75	4.52
Total Interest Income	414.78	539.88	532.65	309.1	279.34
Interest Paid on Deposits	107.14	239.26	236.08	45.82	11.44
Net Interest Income	307.64	300.61	296.57	263.28	267.9
Net Interest Income Growth (YoY)	2.34%	1.36%	12.64%	-1.72%	1.17%
Income From Trading Activities	45.32	44.97	61.42	40.98	29.7
Gain (Loss) on Sale of Investments	-9.99	-10.68	-12.47	0.02	-11.3
Gain (Loss) on Sale of Equity Investments	-	-	-	-	1.96
Other Non-Interest Income	90.82	84.14	78.54	74.1	69.18
Total Non-Interest Income	127.89	120.41	129.37	117.18	91.52
Non-Interest Income Growth (YoY)	6.22%	-6.93%	10.40%	28.04%	-0.93%
Revenues Before Loan Losses	435.53	421.02	425.94	380.46	359.42
Provision for Loan Losses	6.43	11.4	11.51	7.85	7.45
Revenue	429.1	409.62	414.43	372.61	351.97
Revenue Growth (YoY)	4.75%	-1.16%	11.22%	5.87%	3.01%
Salaries and Employee Benefits	129.45	125.97	120.38	112.82	110.29
Occupancy Expenses	-	-	-	13.44	-
Selling, General & Administrative	68.23	66.48	65.73	58.93	58.52
Other Non-Interest Expense	58.44	45.41	55.21	28.31	27.41
Total Non-Interest Expense	256.12	237.86	241.32	213.5	196.22
EBT Excluding Unusual Items	172.98	171.76	173.1	159.11	155.75
Other Unusual Items	4.16	0.03	-0.02	0.73	0.11
Pretax Income	177.14	171.79	173.09	159.84	155.74
Income Tax Expense	14.88	13.77	14.14	12	10.19
Net Income	162.26	158.02	158.95	147.85	145.55
Net Income to Common	162.26	158.02	158.95	147.85	145.55
Net Income Growth	2.68%	-0.58%	7.51%	1.58%	4.65%
Basic Shares Outstanding	20	20	20	20	20
Diluted Shares Outstanding	20	20	20	20	20
EPS (Basic)	8.11	7.90	7.95	7.39	7.28
EPS (Diluted)	8.11	7.90	7.95	7.39	7.28
EPS Growth	2.68%	-0.58%	7.51%	1.58%	4.65%
Dividend Per Share	3.600	3.400	3.300	3.100	3.100
Dividend Growth	5.88%	3.03%	6.45%	-	3.33%
Effective Tax Rate	8.40%	8.02%	8.17%	7.51%	6.54%

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