2nd quarter 2024
- Pre-tax profit NOK 1,296m (1,045m)
- Net profit NOK 1,015m (923m)
- Return on equity 15.4% (15.1%)
- CET1 ratio 18.5% (19.1%)
- Growth in group lending 1.5% (8.5%) in the second quarter
- Lending to the bank’s retail customers rose 1.6% in the quarter (9.8%), 1.0 percentage point higher growth than in the previous quarter. Lending to the bank’s corporate clients rose 1.6% (6.8%) which was 0.1 percentage point higher growth than in the previous quarter
- Growth in deposits was 3.9% (13.5%) in the second quarter
- Deposits from retail customers rose 5.4% (15.1%), 3.8 percentage points higher growth than in the first quarter. Deposits from corporate clients climbed 6.3% (13.4%), 3.8 percentage points higher growth than in the previous quarter
- The net result of ownership interests was NOK 148m (85m)
- The net result of financial instruments (incl. dividends) was NOK 5m (2m)
- Losses on loans and guarantees: NOK 47m (29m)
- Earnings per equity certificate (EC): NOK 4.43 (4.21)
- Book value per EC was NOK 117.31 (112.81) and the price of the bank’s EC (MING) was NOK 151.12 (141.00)