Nordfyns Bank A/S (CPH:NRDF)

Nordfyns Bank Income Statement

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
Interest Income on Loans	154.39	161.45	159.83	98.81	92.17	97.22
Interest Income on Investments	44.15	46.03	30.02	7.65	0.09	-0.81
Total Interest Income	198.54	207.48	189.85	106.46	92.26	96.4
Interest Paid on Deposits	39.28	40.43	21.42	7.2	5.56	5.42
Interest Paid on Borrowings	-	-	-	-10.23	-12.6	-6.75
Total Interest Expense	39.28	40.43	21.42	-3.03	-7.04	-1.33
Net Interest Income	159.25	167.06	168.43	109.49	99.3	97.73
Net Interest Income Growth (YoY)	-5.23%	-0.82%	53.84%	10.26%	1.61%	-0.57%
Gain (Loss) on Sale of Assets	0.17	0.17	-0.01	-0.14	0.18	-0.27
Gain (Loss) on Sale of Investments	28.7	28.49	35.92	-21.65	10.03	10.14
Other Non-Interest Income	112.17	113.02	111.69	120.76	119.37	101.8
Total Non-Interest Income	141.03	141.68	147.6	98.96	129.58	111.67
Non-Interest Income Growth (YoY)	-6.76%	-4.01%	49.15%	-23.63%	16.04%	2.18%
Revenues Before Loan Losses	300.29	308.74	316.03	208.45	228.87	209.4
Provision for Loan Losses	-5.29	-10.71	-5.4	7.26	-24.97	22.88
Revenue	305.58	319.45	321.43	201.18	253.84	186.51
Revenue Growth (YoY)	-6.96%	-0.62%	59.77%	-20.75%	36.10%	-5.23%
Occupancy Expenses	9.31	8.58	8.49	10.86	9.34	8.92
Selling, General & Administrative	177.32	174.4	159.76	152.55	141.42	129.95
Other Non-Interest Expense	11.55	11.55	9.29	9.61	8.82	8.4
Total Non-Interest Expense	198.16	194.51	177.53	173	159.57	147.25
EBT Excluding Unusual Items	107.42	124.94	143.91	28.18	94.27	39.27
Asset Writedown	-7.67	-7.67	-0.49	2.91	-0.62	-1.95
Pretax Income	99.74	117.27	143.42	31.09	93.65	37.32
Income Tax Expense	29.79	34.3	33.15	5.67	18.86	7.15
Net Income	69.95	82.97	110.27	25.42	74.79	30.17
Preferred Dividends & Other Adjustments	-4.21	-4.21	3.25	3.25	3.25	1.59
Net Income to Common	74.16	87.18	107.02	22.17	71.53	28.59
Net Income Growth	-37.34%	-24.75%	333.75%	-66.00%	147.88%	-29.09%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
EPS (Basic)	45.00	53.07	65.14	13.50	43.54	17.40
EPS (Diluted)	45.00	53.07	65.10	13.50	43.50	17.40
EPS Growth	-31.92%	-18.49%	382.34%	-68.97%	150.01%	-32.81%
Dividend Per Share	13.000	13.000	17.000	-	-	-
Dividend Growth	-23.53%	-23.53%	-	-	-	-
Effective Tax Rate	29.87%	29.25%	23.11%	18.24%	20.14%	19.16%

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.