Key figures from quarterly accounts

Group (NOKm) 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q
  2015 2015 2014 2014 2014 2014 2013 2013 2013
Profitability                  
Return on equity per quarter 13.4% 14.1% 12.1% 14.8% 16.0% 17.7% 13.1% 16.3% 11.1%
Cost-income ratio 47 % 44% 51% 43% 43% 42% 48% 43% 51%
                   
Balance sheet                  
Gross loans to customers  94,179 92,311 90,578 86,739 85,465 79,606 80,548 80,081 79,258
Gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt 124,519 122,933 120,435 116,479 114,819 111,800 112,283 110,476 109,251
Deposits from customers 66,186 60,589 60,680 58,092 59,402 54,643 55,927 53,547 54,745
Total assets 130,888 123,687 126,047 117,194 118,758 111,609 115,360 111,977 113,190
Average total assets 127,288 124,867 121,620 117,976 115,184 113,485 113,668 112,583 111,979
Growth in loans incl. SB1 Boligkreditt and SB1 Næringskredtt last 12 months  8.4 % 10.0 % 7.3 % 5.4 % 5.1 % 4.4 % 6.8 % 6.7 % 8.4 %
Growth in deposits last 12 months 11.4 % 10.9 % 8.5 % 8.5 % 8.5 % 5.4 % 7.3 % 5.1 % 7.3 %
                   
Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt                  
Impairment losses ratio 0.11 % 0.07 % 0.11 % 0.08 % 0.05 % 0.06 % 0.12 % 0.11 % 0.08 %
Non-performing commitm. as a percentage of gross loans 0.23 % 0.19 % 0.22 % 0.29 % 0.29 % 0.24 % 0.34 % 0.35 % 0.38 %
Other doubtful commitm. as a percentage of gross loans 0.30 % 0.18 % 0.18 % 0.18 % 0.18 % 0.21 % 0.14 % 0.19 % 0.13 %
                   
Solidity                  
Common equity tier 1 12.7 % 12.3 % 11.2 % 11.5 % 11.4 % 11.1 % 11.1 % 10.7 % 10.3 %
Core capital ratio 14.6 % 14.3 % 13.0 % 13.4 % 13.3 % 12.9 % 13.0 % 12.6 % 12.2 %
Capital adequacy ratio 17.3 % 17.0 % 15.7 % 16.1 % 15.0 % 14.8 % 14.7 % 14.2 % 13.8 %
Core capital 13,142 12,713 12,382 12,302 11,635 11,303 10,989 10,707 10,508
Net equity and related capital 15,577 15,147 14,937 14,826 13,164 12,893 12,417 12,053 11,894
                   
Key figures ECC *)                  
ECC price  65.50 59.50 58.50 59.25 54.25 53.75 55.00 45.70 46.50
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) 64.18 61.95 62.04 60.53 58.32 56.39 55.69 53.76 51.66
Profit per ECC, majority 2.13 2.18 1.85 2.19 2.29 2.48 1.79 2.14 1.43
Price-Earnings Ratio 7.70 6.81 7.89 6.75 5.91 5.42 7.68 5.23 8.13
Price-Book Value Ratio 1.02 0.96 0.94 0.98 0.93 0.95 0.99 0.85 0.90

*) The key figures are corrected for issues

© SpareBank 1 SMN