| Group (NOKm) |
4Q |
3Q |
2Q |
1Q |
Q4 |
Q3 |
Q2 |
Q1 |
4Q |
| |
2014 |
2014 |
2014 |
2014 |
2013 |
2013 |
2013 |
2013 |
2012 |
| Profitability |
|
|
|
|
|
|
|
|
|
| Return on equity per quarter |
12.1% |
14.5% |
16.0% |
17.7% |
13.1% |
16.3% |
11.1% |
12.7% |
10.5% |
| Cost-income ratio |
51 % |
43% |
43% |
42% |
48% |
43% |
51% |
50% |
58% |
| |
|
|
|
|
|
|
|
|
|
| Balance sheet |
|
|
|
|
|
|
|
|
|
| Gross loans to customers |
90,339 |
86,500 |
85,221 |
79,380 |
80,317 |
79,856 |
78,992 |
76,441 |
74,959 |
| Gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
120,196 |
116,240 |
114,574 |
111,574 |
112,052 |
110,250 |
108,984 |
106,846 |
104,925 |
| Deposits from customers |
62,201 |
58,000 |
59,408 |
54,736 |
56,074 |
53,474 |
55,294 |
52,603 |
52,252 |
| Total assets |
126,047 |
117,194 |
118,758 |
111,609 |
115,360 |
111,977 |
113,190 |
110,790 |
107,919 |
| Average total assets |
121,620 |
117,976 |
115,184 |
113,485 |
113,668 |
112,583 |
111,979 |
109,344 |
109,279 |
| Growth in loans incl. SB1 Boligkreditt and SB1 Næringskredtt last 12 months |
7.3 % |
5.4 % |
5.1 % |
4.4 % |
6.8 % |
6.7 % |
8.4 % |
9.7 % |
10.2 % |
| Growth in deposits last 12 months |
10.9 % |
8.5 % |
7.4 % |
4.1 % |
7.3 % |
5.1 % |
7.3 % |
7.4 % |
9.2 % |
| |
|
|
|
|
|
|
|
|
|
| Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
|
|
|
|
|
|
|
|
|
| Impairment losses ratio |
0.11 % |
0.08 % |
0.05 % |
0.06 % |
0.12 % |
0.11 % |
0.08 % |
0.06 % |
0.06 % |
| Non-performing commitm. as a percentage of gross loans |
0.22 % |
0.29 % |
0.29 % |
0.24 % |
0.34 % |
0.35 % |
0.38 % |
0.36 % |
0.36 % |
| Other doubtful commitm. as a percentage of gross loans |
0.18 % |
0.18 % |
0.18 % |
0.21 % |
0.14 % |
0.19 % |
0.13 % |
0.15 % |
0.14 % |
| |
|
|
|
|
|
|
|
|
|
| Solidity |
|
|
|
|
|
|
|
|
|
| Common equity tier 1 |
11.2 % |
11.5 % |
11.4 % |
11.1 % |
11.1 % |
10.7 % |
10.3 % |
10.4 % |
10.0 % |
| Core capital ratio |
13.0 % |
13.4 % |
13.3 % |
12.9 % |
13.0 % |
12.6 % |
12.2 % |
11.7 % |
11.3 % |
| Capital adequacy ratio |
15.7 % |
16.1 % |
15.0 % |
14.8 % |
14.7 % |
14.2 % |
13.8 % |
13.3 % |
13.3 % |
| Core capital |
12,382 |
12,302 |
11,635 |
11,303 |
10,989 |
10,707 |
10,508 |
9,686 |
9,357 |
| Net equity and related capital |
14,937 |
14,826 |
13,164 |
12,893 |
12,417 |
12,053 |
11,894 |
10,971 |
10,943 |
| |
|
|
|
|
|
|
|
|
|
| Key figures ECC *) |
|
|
|
|
|
|
|
|
|
| ECC price |
58.50 |
59.25 |
54.25 |
53.75 |
55.00 |
45.70 |
46.50 |
46.90 |
34.80 |
| Number of certificates issued, millions |
129.83 |
129.83 |
129.83 |
129.83 |
129.83 |
129.83 |
129.83 |
129.83 |
129.83 |
| Booked equity capital per ECC (including dividend) |
62.04 |
60.53 |
58.32 |
56.39 |
55.69 |
53.76 |
51.66 |
50.32 |
50.09 |
| Profit per ECC, majority |
1.85 |
2.19 |
2.29 |
2.48 |
1.79 |
2.14 |
1.43 |
1.55 |
1.29 |
| Price-Earnings Ratio |
7.89 |
6.75 |
5.91 |
5.42 |
7.68 |
5.23 |
8.13 |
7.55 |
6.74 |
| Price-Book Value Ratio |
0.94 |
0.98 |
0.93 |
0.95 |
0.99 |
0.85 |
0.90 |
0.93 |
0.69 |
| |
|
|
|
|
|
|
|
|
|
| *) The key figures are corrected for issues |
