| |
31 Mar 2015 |
31 Mar 2014 |
2014 |
| From the profit and loss account |
NOKm |
% |
NOKm |
% |
NOKm |
% |
| Net interest |
467 |
1.50 |
412 |
1.45 |
1,790 |
1.52 |
| Commission income and other income |
377 |
1.21 |
385 |
1.36 |
1,512 |
1.28 |
| Net return on financial investments |
198 |
0.63 |
257 |
0.91 |
720 |
0.61 |
| Total income |
1,042 |
3.34 |
1,055 |
3.72 |
4,021 |
3.41 |
| Total operating expenses |
454 |
1.45 |
441 |
1.56 |
1,789 |
1.52 |
| Results |
588 |
1.88 |
614 |
2.16 |
2,232 |
1.89 |
| Loss on loans, guarantees etc |
22 |
0.07 |
17 |
0.06 |
89 |
0.08 |
| Results before tax |
567 |
1.82 |
597 |
2.10 |
2,143 |
1.82 |
| Tax charge |
126 |
0.40 |
99 |
0.35 |
362 |
0.31 |
| Result investment held for sale, after tax |
-0 |
0.00 |
1 |
0.00 |
0 |
0.00 |
| Net profit |
441 |
1.41 |
500 |
1.76 |
1,782 |
1.51 |
| |
|
|
|
|
|
|
| Key figures |
31 Mar 2015 |
|
31 Mar 2014 |
|
2014 |
|
| Profitability |
|
|
|
|
|
|
| Return on equity 1) |
14.1 % |
|
17.7 % |
|
15.1 % |
|
| Cost-income ratio 2) |
44 % |
|
42 % |
|
44 % |
|
| Balance sheet |
|
|
|
|
|
|
| Gross loans to customers |
92,311 |
|
79,606 |
|
90,578 |
|
| Gross loans to customers incl. SB1 Boligkreditt and SB1 Næringskreditt |
122,933 |
|
111,800 |
|
120,435 |
|
| Deposits from customers |
60,589 |
|
54,643 |
|
60,680 |
|
| Deposit-to-loan ratio |
66 % |
|
69 % |
|
67 % |
|
| Growth in loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
10.0 % |
|
4.4 % |
|
7.3 % |
|
| Growth in deposits |
10.9 % |
|
5.4 % |
|
8.5 % |
|
| Average total assets |
124,867 |
|
113,485 |
|
117,794 |
|
| Total assets |
123,687 |
|
111,609 |
|
126,047 |
|
| Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
|
|
|
|
|
|
| Impairment losses ratio |
0.07 % |
|
0.06 % |
|
0.11 % |
|
| Non-performing commitm. as a percentage of gross loans 3) |
0.19 % |
|
0.24 % |
|
0.22 % |
|
| Other doubtful commitm. as a percentage of gross loans |
0.18 % |
|
0.21 % |
|
0.18 % |
|
| Solidity |
|
|
|
|
|
|
| Capital adequacy ratio |
17.0 % |
|
14.8 % |
|
15.7 % |
|
| Core capital ratio |
14.3 % |
|
12.9 % |
|
13.0 % |
|
| Common equity tier 1 |
12.3 % |
|
11.1 % |
|
11.2 % |
|
| Core capital |
12,713 |
|
11,303 |
|
12,382 |
|
| Net equity and related capital |
15,147 |
|
12,893 |
|
14,937 |
|
| Branches and staff |
|
|
|
|
|
|
| Number of branches |
49 |
|
50 |
|
49 |
|
| No. Of full-time positions |
1,157 |
|
1,157 |
|
1,192 |
|
| |
|
|
|
|
|
|
| Key figures ECC 4) |
31 Mar 2015 |
31 Mar 2014 |
2014 |
2013 |
2012 |
2011 |
| ECC ratio |
64.6 % |
64.6 % |
64.6 % |
64.6 % |
64.6 % |
60.6 % |
| Number of certificates issued, millions |
129.83 |
129.83 |
129.83 |
129.83 |
129.83 |
102.76 |
| ECC price |
59.50 |
53.75 |
58.50 |
55.00 |
34.80 |
36.31 |
| Stock value (NOKM) |
7,725 |
6,978 |
7,595 |
7,141 |
4,518 |
3,731 |
| Booked equity capital per ECC (including dividend) |
61.95 |
56.39 |
62.04 |
55.69 |
50.09 |
48.91 |
| Profit per ECC, majority |
2.18 |
2.48 |
8.82 |
6.92 |
5.21 |
6.06 |
| Dividend per ECC |
|
|
2.25 |
1.75 |
1.50 |
1.85 |
| Price-Earnings Ratio |
6.81 |
5.42 |
6.63 |
7.95 |
6.68 |
5.99 |
| Price-Book Value Ratio |
0.96 |
0.95 |
0.94 |
0.99 |
0.69 |
0.74 |
| 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 sold to SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt, and guarantees drawn |
| 4) The key figures are corrected for issues |
Previous