SpareBank 1 Helgeland (OSL:HELG)

SpareBank 1 Helgeland Income Statement

Financials in millions NOK. 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	2,036	2,026	1,735	1,121	748	863
Interest Income on Investments	308	315	290	188	94	110
Total Interest Income	2,344	2,341	2,025	1,309	842	973
Interest Paid on Deposits	1,297	1,271	993	476	217	348
Net Interest Income	1,047	1,070	1,032	833	625	625
Net Interest Income Growth (YoY)	-1.69%	3.68%	23.89%	33.28%	-	1.13%
Gain (Loss) on Sale of Investments	3	7	2	-25	-11	172
Gain (Loss) on Sale of Equity Investments	26	22	-1	5	11	30
Other Non-Interest Income	188	188	150	157	103	96
Total Non-Interest Income	217	217	151	137	103	298
Non-Interest Income Growth (YoY)	33.95%	43.71%	10.22%	33.01%	-65.44%	142.28%
Revenues Before Loan Losses	1,264	1,287	1,183	970	728	923
Provision for Loan Losses	68	102	100	11	64	51
Revenue	1,196	1,185	1,083	959	664	872
Revenue Growth (YoY)	10.33%	9.42%	12.93%	44.43%	-23.85%	28.99%
Salaries and Employee Benefits	201	201	186	172	158	140
Federal Deposit Insurance	16	15	19	15	18	20
Selling, General & Administrative	9	9	13	18	21	8
Other Non-Interest Expense	216	217	215	191	203	314
Total Non-Interest Expense	442	442	433	396	400	482
EBT Excluding Unusual Items	754	743	650	563	264	390
Pretax Income	754	743	650	563	264	390
Income Tax Expense	173	172	160	118	59	50
Earnings From Continuing Operations	581	571	490	445	205	340
Minority Interest in Earnings	-	-	-	-	-	-1
Net Income	581	571	490	445	205	339
Preferred Dividends & Other Adjustments	132	132	115	100	56	89
Net Income to Common	449	439	375	345	149	250
Net Income Growth	18.57%	16.53%	10.11%	117.07%	-39.53%	11.15%
Basic Shares Outstanding	27	27	27	27	27	21
Diluted Shares Outstanding	27	27	27	27	27	21
Shares Change (YoY)	-6.11%	0.45%	0.09%	-0.51%	30.04%	-0.18%
EPS (Basic)	16.46	16.20	13.90	12.80	5.50	12.00
EPS (Diluted)	16.46	16.20	13.90	12.80	5.50	12.00
EPS Growth	10.19%	16.55%	8.59%	132.73%	-54.17%	12.31%
Dividend Per Share	8.400	8.400	10.770	10.300	3.200	3.100
Dividend Growth	-22.01%	-22.01%	4.56%	221.88%	3.23%	-42.06%
Effective Tax Rate	22.94%	23.15%	24.62%	20.96%	22.35%	12.82%

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