Føroya Banki (CPH:FOBANK)

Føroya Banki Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,118	365.96	330.06	460.68	510.88	1,236
Investment Securities	2,075	304.41	294.84	310.32	259.25	316.15
Trading Asset Securities	-	1,780	1,435	1,664	1,893	4,485
Total Investments	2,075	2,085	1,730	1,974	2,152	4,801
Gross Loans	9,454	9,265	9,061	8,265	7,850	7,920
Allowance for Loan Losses	-183.74	-178.33	-178.55	-181.63	-225.52	-311.81
Net Loans	9,270	9,086	8,883	8,083	7,624	7,608
Property, Plant & Equipment	125.14	126.82	136.12	133.8	149.56	152.23
Other Intangible Assets	4.68	5.08	1.7	2.4	2.68	2.43
Accrued Interest Receivable	-	45.61	40.66	37.67	28.96	38.06
Other Receivables	12.84	41.37	36.91	28.15	46.3	32.39
Restricted Cash	-	2,641	1,726	1,372	1,226	149.12
Other Current Assets	8.02	36.77	16.5	15.42	32.37	3,256
Long-Term Deferred Tax Assets	11.25	11.25	9.41	6.89	8.21	0.2
Other Real Estate Owned & Foreclosed	-	-	-	24.2	-	4.47
Other Long-Term Assets	175.06	66.4	34.66	28.25	8.83	9.56
Total Assets	14,800	14,512	12,945	12,167	11,790	17,290
Accrued Expenses	-	23.12	22.47	18.07	24.59	21.99
Interest Bearing Deposits	10,365	3,365	1,945	1,050	761.77	578.13
Non-Interest Bearing Deposits	-	6,700	6,790	7,312	7,138	7,155
Total Deposits	10,365	10,065	8,735	8,362	7,900	7,733
Short-Term Borrowings	-	75.91	80.57	101.75	78.85	90.92
Current Portion of Long-Term Debt	-	250	125	125	-	-
Current Portion of Leases	-	5.43	3.33	-	2.93	9.95
Current Income Taxes Payable	88.32	73.61	71.84	40.84	77.94	31.14
Accrued Interest Payable	-	33.59	23.43	11.67	17.21	8.14
Other Current Liabilities	-	-	-	-	-	6,520
Long-Term Debt	1,704	1,609	1,621	1,322	1,248	224.7
Long-Term Leases	-	59	64.24	68.53	68.53	63.9
Long-Term Unearned Revenue	2.15	61.43	59.16	55.48	53.79	48.57
Long-Term Deferred Tax Liabilities	0.51	0.51	0.02	-	-	3.09
Other Long-Term Liabilities	851.84	179.26	135.95	111.53	131.57	112.57
Total Liabilities	13,013	12,436	10,943	10,217	9,603	14,868
Common Stock	192	192	192	192	192	192
Retained Earnings	1,589	1,877	1,651	1,592	1,838	2,070
Comprehensive Income & Other	6.72	6.72	159.48	165.72	157.24	160.15
Shareholders' Equity	1,788	2,076	2,002	1,950	2,187	2,422
Total Liabilities & Equity	14,800	14,512	12,945	12,167	11,790	17,290
Total Debt	1,704	1,999	1,895	1,617	1,398	389.46
Net Cash (Debt)	1,413	147.27	-129.17	507.77	1,005	5,332
Net Cash Growth	122.80%	-	-	-49.50%	-81.14%	-12.92%
Net Cash Per Share	147.59	15.38	-13.49	53.04	105.05	558.55
Filing Date Shares Outstanding	9.58	9.57	9.57	9.57	9.57	9.55
Total Common Shares Outstanding	9.58	9.57	9.57	9.57	9.57	9.55
Book Value Per Share	186.63	216.84	193.30	187.89	212.71	237.90
Tangible Book Value	1,783	2,071	2,000	1,948	2,184	2,420
Tangible Book Value Per Share	186.14	216.31	193.12	187.64	212.43	237.65

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.