Key figures from quarterly accounts

Group (NOKm) 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q
  2016 2015 2015 2015 2014 2014 2014 2014 2014
Profitability                  
Return on equity per quarter 8.9% 8.4% 7.4% 13.4% 14.1% 12.1% 14.8% 16.0% 17.7%
Cost-income ratio 47 % 54 % 56 % 47 % 44 % 51 % 43 % 43 % 42 %
                   
Balance sheet figures                  
Gross loans to customers  95,331 93,974 94,917 94,179 92,311 90,578 86,724 85,465 79,606
Gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt 129,520 127,378 126,180 124,519 122,933 120,435 116,464 114,819 111,800
Deposits from customers 63,851 64,090 63,620 66,186 60,589 60,680 58,091 59,402 54,643
Total assets 134,345 131,914 129,237 130,888 123,687 126,047 117,194 118,758 111,609
Average total assets 133,129 130,575 130,063 127,288 124,867 121,620 117,976 115,184 113,485
Growth in loans incl. SB1 Boligkreditt and SB1 Næringskredtt last 12 months  5.4 % 5.8 % 8.3 % 8.4 % 10.0 % 7.3 % 5.4 % 5.1 % 4.4 %
Growth in deposits last 12 months 5.4 % 5.6 % 9.5 % 11.4 % 10.9 % 8.5 % 8.5 % 8.5 % 5.4 %
                   
Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt                  
Impairment losses ratio 0.53 % 0.18 % 0.18 % 0.11 % 0.07 % 0.11 % 0.08 % 0.05 % 0.06 %
Non-performing commitm. as a percentage of gross loans 0.13 % 0.13 % 0.17 % 0.23 % 0.19 % 0.22 % 0.29 % 0.29 % 0.24 %
Other doubtful commitm. as a percentage of gross loans 0.31 % 0.30 % 0.36 % 0.30 % 0.18 % 0.18 % 0.18 % 0.18 % 0.21 %
                   
Solidity                  
Common equity tier 1 13.6 % 13.6 % 13.2 % 12.7 % 12.3 % 11.2 % 11.5 % 11.4 % 11.1 %
Core capital ratio 15.6 % 15.6 % 15.2 % 14.6 % 14.3 % 13.0 % 13.4 % 13.3 % 12.9 %
Capital adequacy ratio 18.1 % 18.3 % 17.9 % 17.3 % 17.0 % 15.7 % 16.1 % 15.0 % 14.8 %
Core capital 14,237 13,988 13,451 13,142 12,713 12,382 12,302 11,635 11,303
Net equity and related capital 16,516 16,378 15,886 15,577 15,147 14,937 14,826 13,164 12,893
                   
Key figures ECC *)                  
ECC share price at end of period (NOK) 52.75 50.50 54.00 65.50 59.50 58.50 59.25 54.25 53.75
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) 67.37 67.65 65.52 64.18 61.95 62.04 60.53 58.32 56.39
Profit per ECC, majority 1.49 1.45 1.26 2.13 2.18 1.85 2.19 2.29 2.48
Price-Earnings Ratio 8.83 8.71 10.72 7.70 6.81 7.89 6.75 5.91 5.42
Price-Book Value Ratio 0.78 0.75 0.82 1.02 0.96 0.94 0.98 0.93 0.95
*) The key figures are corrected for issues

Report and notes

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