3rd quarter 2019

(Consolidated figures. Figures in parenthesis refer to the same period of 2018 unless otherwise stated).

Third quarter 2019 in isolation

Pre-tax profit: NOK 609m (592m)
Post-tax profit: NOK 488m (480m)
Return on equity: 10.2 per cent (11.1 per cent)
Growth in lending: 1.1 per cent (2.0 per cent), and decline in deposits: 3.4 per cent (3.5 per cent decline)
Growth in lending to retail borrowers: 1.5 per cent (2.4 per cent), 0.7 percentage points lower than in the second quarter. Growth in lending to corporate borrowers: 0.2 per cent (1.0 per cent) - 0.1 percentage point lower than in the second quarter
Net result of financial instruments: NOK 121m (182m)
Losses on loans: NOK 71m (69m), 0.17 per cent (0.18 per cent) of gross lending
Earnings per EC: NOK 2.30 (2.32)

Pre-tax profit: NOK 2,612m (1,937m)
Post-tax profit: NOK 2,217 (1,689m)
Return on equity: 16.0 per cent (13.3 per cent)
CET1 ratio: 15.1 per cent (14.9 per cent)
Growth in lending: 4.8 per cent (7.3 per cent), and in deposits: 7.9 per cent (6.1 per cent) in the last 12 months
Growth in lending to retail borrowers: 5.8 per cent in the last 12 months (10.7 per cent). Retail lending accounts for 68 per cent (68 per cent) of overall lending
Growth in lending to corporate borrowers of 2.8 per cent in the last 12 months (0.8 per cent)
Losses on loans and guarantees: NOK 198m (196m), 0.16 per cent (0.17 per cent) of gross lending
Earnings per EC: NOK 10.54 (8.07). Book value per EC: NOK 89.36 (82.57)