Hvidbjerg Bank Income Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Interest Income on Loans	89.85	100.42	87.64	50.52	45.35	45.61	Upgrade
Interest Income on Investments	6.52	2.93	1.47	1.39	0.86	0.72	Upgrade
Total Interest Income	96.36	103.34	89.11	51.9	46.21	46.33	Upgrade
Interest Paid on Deposits	11.22	18.61	10.77	-0.62	-2.15	-0.29	Upgrade
Net Interest Income	85.14	84.73	78.34	52.53	48.36	46.62	Upgrade
Net Interest Income Growth (YoY)	-1.00%	8.16%	49.14%	8.63%	3.72%	-1.56%	Upgrade
Gain (Loss) on Sale of Investments	7.32	7.32	8.83	5.18	4.46	1.49	Upgrade
Other Non-Interest Income	45.74	43.77	42.03	49.88	37.8	33.81	Upgrade
Total Non-Interest Income	53.05	51.09	50.86	55.06	42.26	35.3	Upgrade
Non-Interest Income Growth (YoY)	0.40%	0.45%	-7.62%	30.27%	19.73%	-18.44%	Upgrade
Revenues Before Loan Losses	138.19	135.82	129.2	107.58	90.62	81.92	Upgrade
Provision for Loan Losses	1.68	-0.3	2.28	1.49	-0.92	3.5	Upgrade
Revenue	136.51	136.12	126.92	106.09	91.54	78.42	Upgrade
Revenue Growth (YoY)	-0.74%	7.24%	19.64%	15.90%	16.73%	-9.83%	Upgrade
Occupancy Expenses	1.6	1.46	1.34	2.76	-0.45	1.45	Upgrade
Selling, General & Administrative	93.97	89	81.66	71.69	62.74	58.36	Upgrade
Other Non-Interest Expense	0.01	0.02	0.02	0.02	0.01	0.01	Upgrade
Total Non-Interest Expense	95.58	90.47	83.02	74.47	62.3	59.82	Upgrade
EBT Excluding Unusual Items	40.94	45.64	43.9	31.63	29.24	18.6	Upgrade
Pretax Income	40.94	45.64	43.9	31.63	29.24	18.6	Upgrade
Income Tax Expense	9.04	11.16	10.27	6.45	5.5	3.87	Upgrade
Net Income	31.9	34.48	33.63	25.17	23.74	14.73	Upgrade
Preferred Dividends & Other Adjustments	1.45	1.45	1.16	-	-	-	Upgrade
Net Income to Common	30.45	33.03	32.47	25.17	23.74	14.73	Upgrade
Net Income Growth	-12.90%	2.52%	33.61%	6.02%	61.16%	-45.90%	Upgrade
Basic Shares Outstanding	2	2	2	2	2	2	Upgrade
Diluted Shares Outstanding	2	2	2	2	2	2	Upgrade
Shares Change (YoY)	-	0.01%	-3.91%	-0.24%	-2.59%	7.08%	Upgrade
EPS (Basic)	18.12	19.66	19.33	14.40	13.55	8.19	Upgrade
EPS (Diluted)	18.12	19.66	19.33	14.40	13.55	8.19	Upgrade
EPS Growth	-	1.71%	34.24%	6.27%	65.45%	-49.48%	Upgrade
Dividend Per Share	2.000	2.000	-	-	-	-	Upgrade
Effective Tax Rate	22.08%	24.46%	23.39%	20.41%	18.80%	20.80%	Upgrade

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