Voss Veksel- og Landmandsbank ASA (OSL:VVL)

OSL:VVL 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	349.45	348.31	295.43	174.78	126.4	146.78
Interest Income on Investments	2.87	4.77	3.36	4.57	2.08	7.44
Total Interest Income	352.32	353.08	298.79	179.35	128.48	154.21
Interest Paid on Deposits	210.87	209.61	162.4	65.45	34.66	59.51
Net Interest Income	141.45	143.48	136.39	113.91	93.83	94.71
Net Interest Income Growth (YoY)	3.71%	5.20%	19.74%	21.40%	-0.93%	-3.23%
Gain (Loss) on Sale of Investments	25.53	23.76	19.64	2.69	2.27	-0.45
Other Non-Interest Income	26.31	24.5	19.65	15.37	13.61	12.39
Total Non-Interest Income	51.84	48.26	39.28	18.06	15.88	11.94
Non-Interest Income Growth (YoY)	31.97%	22.85%	117.54%	13.74%	32.93%	-11.38%
Revenues Before Loan Losses	193.29	191.74	175.67	131.97	109.7	106.65
Provision for Loan Losses	1.84	2.02	4.42	1.73	0.22	7.53
Revenue	191.45	189.72	171.25	130.23	109.48	99.12
Revenue Growth (YoY)	11.79%	10.78%	31.50%	18.96%	10.45%	-8.97%
Salaries and Employee Benefits	37.03	35.58	31.18	24.25	22.76	21.47
Occupancy Expenses	1.4	1.27	1.42	1.53	1.79	1.99
Selling, General & Administrative	3.84	3.84	4	3.43	2.49	2.17
Other Non-Interest Expense	32.21	30.99	33.58	30.52	24.44	30.44
Total Non-Interest Expense	74.48	71.68	70.17	59.73	51.48	56.07
EBT Excluding Unusual Items	116.97	118.04	101.08	70.51	58	43.05
Pretax Income	116.97	118.04	101.08	70.51	58	43.05
Income Tax Expense	26.97	27.25	23.43	16.31	13.4	9.79
Net Income	89.82	90.79	77.65	54.2	44.6	33.26
Net Income to Common	89.82	90.79	77.65	54.2	44.6	33.26
Net Income Growth	15.67%	16.91%	43.28%	21.51%	34.11%	-28.87%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-0.66%	-0.73%	2.35%	0.56%	2.87%	10.88%
EPS (Basic)	38.47	38.91	33.04	23.60	19.53	14.98
EPS (Diluted)	38.47	38.91	33.04	23.60	19.53	14.98
EPS Growth	16.43%	17.77%	40.00%	20.84%	30.37%	-35.85%
Dividend Per Share	16.500	16.500	14.100	10.500	10.050	10.300
Dividend Growth	17.02%	17.02%	34.29%	4.48%	-2.43%	-
Effective Tax Rate	23.06%	23.09%	23.18%	23.13%	23.11%	22.75%

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