Main figures
| 31 Mar 2013 | 31 Mar 2012 | 2012 | ||||
| From the profit and loss account | NOKm | % | NOKm | % | NOKm | % |
| Net interest | 343 | 1.25 | 351 | 1.40 | 1,477 | 5.61 |
| Commission income and other income | 317 | 1.16 | 235 | 0.94 | 1,139 | 4.32 |
| Net return on financial investments including held for sale | 162 | 0.59 | 153 | 0.61 | 451 | 1.71 |
| Total income | 822 | 3.01 | 739 | 2.95 | 3,067 | 11.64 |
| Total operating expenses | 414 | 1.52 | 398 | 1.59 | 1,654 | 6.28 |
| Results | 407 | 1.49 | 342 | 1.36 | 1,414 | 5.37 |
| Loss on loans, guarantees etc | 17 | 0.06 | 8 | 0.03 | 58 | 0.22 |
| Results before tax | 390 | 1.43 | 333 | 1.33 | 1,355 | 5.14 |
| Tax charge | 77 | 0.28 | 68 | 0.27 | 295 | 1.12 |
| Result investment held for sale, after tax | 7 | 0.03 | 7 | 0.03 | 16 | 0.06 |
| Net profit | 321 | 1.17 | 272 | 1.09 | 1,077 | 4.09 |
| Key figures | 31 Mar 2013 | 31 Mar 2012 | 2012 | |||
| Profitability | ||||||
| Return on equity 1) | 12.7 % | 13.0 % | 11.7 % | |||
| Cost-income ratio 2) | 50 % | 54 % | 54 % | |||
| Balance sheet | ||||||
| Gross loans to customers | 76,425 | 71,681 | 74,943 | |||
| Gross loans to customers incl. SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt | 106,830 | 97,387 | 104,909 | |||
| Deposits from customers | 52,603 | 48,974 | 52,252 | |||
| Deposit-to-loan ratio | 69 % | 68 % | 70 % | |||
| Growth in loans incl.Boligkreditt and Næringskreditt | 9.7 % | 9.9 % | 10.2 % | |||
| Growth in deposits | 7.4 % | 14.2 % | 9.2 % | |||
| Average total assets | 109,344 | 100,242 | 105,372 | |||
| Total assets | 110,769 | 98,996 | 107,975 | |||
| Losses and defaults in % of gross loans incl. Boligkreditt and Næringskreditt | ||||||
| Impairment losses ratio | 0.06 % | 0.04 % | 0.06 % | |||
| Non-performing commitm. as a percentage of gross loans 3) | 0.36 % | 0.33 % | 0.36 % | |||
| Other doubtful commitm. as a percentage of gross loans | 0.15 % | 0.19 % | 0.14 % | |||
| Solidity | ||||||
| Capital adequacy ratio | 13.3 % | 11.8 % | 13.3 % | |||
| Core capital ratio | 11.7 % | 10.3 % | 11.3 % | |||
| Common equity tier 1 | 10.4 % | 8.8 % | 10.0 % | |||
| Core capital | 9,686 | 7,902 | 9,357 | |||
| Net equity and related capital | 10,971 | 9,008 | 10,943 | |||
| Branches and staff | ||||||
| Number of branches | 50 | 54 | 51 | |||
| No. Of full-time positions | 1,171 | 1,097 | 1,135 | |||
| Key figures ECC 4) | 31 Mar 2013 | 31 Mar 2012 | 2012 | 2011 | 2010 | 2009 |
| ECC ratio | 64.6 % | 61.3 % | 64.6 % | 60.6 % | 61.3 % | 54.8 % |
| Number of certificates issued, millions | 129.83 | 124.21 | 129.83 | 102.76 | 102.74 | 82.78 |
| ECC price | 46.90 | 36.60 | 34.80 | 36.31 | 49.89 | 45.06 |
| Stock value (NOKM) | 6,089 | 4,546 | 4,518 | 3,731 | 5,124 | 3,749 |
| Booked equity capital per ECC (including dividend) | 51.90 | 46.82 | 50.09 | 48.91 | 46.17 | 42.11 |
| Profit per ECC, majority | 1.55 | 1.41 | 5.21 | 6.06 | 5.94 | 6.37 |
| Dividend per ECC | 1.50 | 1.85 | 2.77 | 2.10 | ||
| Price-Earnings Ratio | 7.55 | 6.49 | 6.68 | 5.99 | 8.40 | 7.07 |
| Price-Book Value Ratio | 0.90 | 0.78 | 0.69 | 0.74 | 1.08 | 1.07 |
1) Net profit as a percentage of average equity
2) Total operating expenses as a percentage of total operating income
3) Defaults and doubtful loans are reported on the basis of gross lending, including loans transferred to SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt, and guarantees drawn
4) The key figures are corrected for issues
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