Voss Veksel- og Landmandsbank ASA (OSL:VVL)

OSL:VVL Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	348.31	295.43	174.78	126.4	146.78
Interest Income on Investments	4.77	3.36	4.57	2.08	7.44
Total Interest Income	353.08	298.79	179.35	128.48	154.21
Interest Paid on Deposits	209.61	162.4	65.45	34.66	59.51
Net Interest Income	143.48	136.39	113.91	93.83	94.71
Net Interest Income Growth (YoY)	5.20%	19.74%	21.40%	-0.93%	-3.23%
Gain (Loss) on Sale of Investments	23.76	19.64	2.69	2.27	-0.45
Other Non-Interest Income	24.5	19.64	15.37	13.61	12.39
Total Non-Interest Income	48.26	39.28	18.06	15.88	11.94
Non-Interest Income Growth (YoY)	22.85%	117.53%	13.74%	32.93%	-11.38%
Revenues Before Loan Losses	191.74	175.67	131.97	109.7	106.65
Provision for Loan Losses	2.02	4.42	1.73	0.22	7.53
Revenue	189.72	171.25	130.23	109.48	99.12
Revenue Growth (YoY)	10.78%	31.50%	18.96%	10.45%	-8.97%
Salaries and Employee Benefits	35.58	31.18	24.25	22.76	21.47
Occupancy Expenses	1.27	1.42	1.53	1.79	1.99
Selling, General & Administrative	-	4	3.43	2.49	2.17
Other Non-Interest Expense	34.83	33.58	30.52	24.44	30.44
Total Non-Interest Expense	71.68	70.17	59.73	51.48	56.07
EBT Excluding Unusual Items	118.04	101.08	70.51	58	43.05
Pretax Income	118.04	101.08	70.51	58	43.05
Income Tax Expense	27.25	23.43	16.31	13.4	9.79
Net Income	90.79	77.65	54.2	44.6	33.26
Net Income to Common	90.79	77.65	54.2	44.6	33.26
Net Income Growth	16.91%	43.28%	21.51%	34.11%	-28.87%
Basic Shares Outstanding	-	2	2	2	2
Diluted Shares Outstanding	-	2	2	2	2
Shares Change (YoY)	-	2.35%	0.56%	2.87%	10.88%
EPS (Basic)	-	33.04	23.60	19.53	14.98
EPS (Diluted)	-	33.04	23.60	19.53	14.98
EPS Growth	-	40.00%	20.84%	30.37%	-35.85%
Dividend Per Share	-	14.100	10.500	10.050	10.300
Dividend Growth	-	34.29%	4.48%	-2.43%	-
Effective Tax Rate	23.09%	23.18%	23.13%	23.11%	22.75%

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