Sogn Sparebank (OSL:SOGN)

Sogn Sparebank 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	417.69	412.53	338.81	197.2	140.22	155.47
Interest Income on Investments	14.6	13.4	21.34	18.98	14.05	15.76
Total Interest Income	432.29	425.94	360.15	216.18	154.27	171.22
Interest Paid on Deposits	228.34	224.7	165.77	63.82	28.68	50.01
Net Interest Income	203.95	201.23	194.38	152.36	125.59	121.21
Net Interest Income Growth (YoY)	2.42%	3.53%	27.58%	21.31%	3.61%	1.19%
Gain (Loss) on Sale of Investments	18.12	18.12	10.07	4.48	5.16	5.6
Gain (Loss) on Sale of Equity Investments	-	-	-	-	0.08	0.17
Other Non-Interest Income	30.39	27.28	27.41	29.15	33.69	37.9
Total Non-Interest Income	48.51	45.39	37.49	33.63	38.93	43.67
Non-Interest Income Growth (YoY)	30.30%	21.10%	11.47%	-13.61%	-10.87%	14.96%
Revenues Before Loan Losses	252.46	246.63	231.87	185.99	164.52	164.88
Provision for Loan Losses	1.45	6.26	8.33	6.53	4.41	18.97
Revenue	251.02	240.37	223.53	179.46	160.11	145.92
Revenue Growth (YoY)	12.05%	7.54%	24.55%	12.09%	9.72%	9.32%
Salaries and Employee Benefits	43.78	40.93	36.31	32.64	36.14	48.33
Occupancy Expenses	6.65	6.35	7.03	6.65	6.06	5.72
Selling, General & Administrative	5.83	5.83	7.58	3.33	3.07	3.23
Other Non-Interest Expense	52.08	52.46	65.56	52.59	50.04	50.7
Total Non-Interest Expense	108.34	105.56	116.49	95.21	95.3	107.97
EBT Excluding Unusual Items	142.68	134.82	107.05	84.25	64.8	37.94
Pretax Income	142.68	134.82	107.05	84.25	64.8	37.94
Income Tax Expense	32.73	31.06	21.87	16.96	12.63	4.68
Earnings From Continuing Operations	109.95	103.76	85.18	67.29	52.17	33.27
Minority Interest in Earnings	-	-	-	-	-0.21	-0.19
Net Income	109.95	103.76	85.18	67.29	51.97	33.07
Preferred Dividends & Other Adjustments	95.5	89.97	73.73	58.21	45.22	28.81
Net Income to Common	14.45	13.79	11.44	9.08	6.75	4.26
Net Income Growth	28.16%	21.82%	26.57%	29.50%	57.13%	15.87%
Basic Shares Outstanding	1	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1	1
Shares Change (YoY)	-5.92%	-6.98%	2.29%	-3.26%	5.61%	-2.13%
EPS (Basic)	24.00	22.91	17.69	14.36	10.32	6.88
EPS (Diluted)	24.00	22.91	17.69	14.36	10.32	6.88
EPS Growth	34.25%	29.55%	23.16%	39.19%	49.93%	17.26%
Dividend Per Share	20.000	20.000	15.000	10.000	5.500	3.500
Dividend Growth	33.33%	33.33%	50.00%	81.82%	57.14%	16.67%
Effective Tax Rate	22.94%	23.04%	20.43%	20.13%	19.49%	12.33%

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