| Group (NOKm) |
4Q |
3Q |
2Q |
1Q |
4Q |
3Q |
2Q |
1Q |
4Q |
| |
2019 |
2019 |
2019 |
2019 |
2018 |
2018 |
2018 |
2018 |
2017 |
| Profitability |
|
|
|
|
|
|
|
|
|
| Return on equity per quarter 1) |
7.1% |
10.2% |
14.9% |
23.3% |
9.0% |
11.1% |
17.9% |
11.2% |
13.4% |
| Cost-income ratio 1) |
56 % |
50 % |
44 % |
37 % |
55 % |
48 % |
44 % |
50 % |
45 % |
| |
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|
|
| Balance sheet figures |
|
|
|
|
|
|
|
|
|
| Gross loans to customers |
126,277 |
123,967 |
121,895 |
120,100 |
120,473 |
118,044 |
115,787 |
113,174 |
112,071 |
| Gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
167,777 |
165,380 |
163,627 |
161,091 |
160,317 |
157,825 |
154,790 |
151,065 |
148,784 |
| Deposits from customers |
85,917 |
83,641 |
86,553 |
81,111 |
80,615 |
77,529 |
80,343 |
75,937 |
76,476 |
| Total assets |
166,662 |
166,475 |
167,289 |
164,641 |
160,704 |
159,337 |
159,584 |
152,083 |
153,254 |
| Quarterly average total assets |
166,569 |
166,882 |
165,965 |
162,673 |
160,021 |
159,460 |
155,833 |
152,668 |
150,083 |
| Growth in loans incl. SB1 Boligkreditt and SB1 Næringskredtt last 12 months 1) |
6.3 % |
6.8 % |
5.7 % |
6.6 % |
7.8 % |
7.3 % |
7.6 % |
7.9 % |
8.2 % |
| Growth in deposits last 12 months |
10.8 % |
4.1 % |
7.7 % |
6.8 % |
5.4 % |
6.1 % |
6.3 % |
8.2 % |
13.9 % |
| |
|
|
|
|
|
|
|
|
|
| Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
|
|
|
|
|
|
|
|
|
| Impairment losses ratio 1) |
0.18 % |
0.17 % |
0.14 % |
0.17 % |
0.17 % |
0.18 % |
0.20 % |
0.13 % |
0.22 % |
| Non-performing commitm. as a percentage of gross loans 1) |
0.26 % |
0.26 % |
0.22 % |
0.18 % |
0.19 % |
0.18 % |
0.18 % |
0.19 % |
0.19 % |
| Other doubtful commitm. as a percentage of gross loans 1) |
1.00 % |
1.03 % |
1.00 % |
0.99 % |
0.86 % |
0.86 % |
0.95 % |
0.90 % |
0.80 % |
| |
|
|
|
|
|
|
|
|
|
| Solidity |
|
|
|
|
|
|
|
|
|
| Common equity Tier 1 capital ratio |
17.2 % |
15.1 % |
15.0 % |
14.8 % |
14.6 % |
14.9 % |
15.0 % |
14.6 % |
14.6 % |
| Tier 1 capital ratio |
19.3 % |
16.7 % |
16.6 % |
16.4 % |
16.3 % |
16.7 % |
17.0 % |
16.3 % |
16.6 % |
| Capital ratio |
21.6 % |
18.9 % |
18.8 % |
18.6 % |
18.5 % |
19.2 % |
19.0 % |
18.2 % |
18.6 % |
| Tier 1 capital |
17,742 |
17,417 |
17,284 |
16,775 |
16,472 |
16,542 |
16,488 |
15,697 |
15,707 |
| Total eligible capital |
19,854 |
19,765 |
19,634 |
19,115 |
18,743 |
18,969 |
18,418 |
17,518 |
17,629 |
| Liquidity Coverage Ratio (LCR) |
148 % |
181 % |
165 % |
180 % |
183 % |
150 % |
150 % |
162 % |
164 % |
| Leverage Ratio |
7.5 % |
7.4 % |
7.5 % |
7.4 % |
7.4 % |
7.5 % |
7.4 % |
7.3 % |
7.2 % |
| |
|
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| Key figures ECC |
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|
|
| ECC share price at end of period (NOK) |
100.20 |
98.50 |
97.70 |
87.40 |
84.20 |
90.90 |
84.50 |
80.90 |
82.25 |
| Number of certificates issued, millions 1) |
129.30 |
129.48 |
129.66 |
129.41 |
129.62 |
129.44 |
129.31 |
129.38 |
129.38 |
| Booked equity capital per ECC (including dividend) 1) |
90.75 |
89.36 |
87.04 |
83.86 |
83.87 |
82.57 |
80.21 |
76.53 |
78.81 |
| Profit per ECC, majority 1) |
1.60 |
2.30 |
3.21 |
5.02 |
1.90 |
2.32 |
3.54 |
2.21 |
2.63 |
| Price-Earnings Ratio 1) |
15.67 |
10.69 |
7.61 |
4.35 |
11.05 |
9.77 |
5.97 |
9.16 |
7.81 |
| Price-Book Value Ratio 1) |
1.10 |
1.10 |
1.12 |
1.04 |
1.00 |
1.10 |
1.05 |
1.06 |
1.04 |
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| 1) Defined as alternative performance measures, see attachment to the quarterly report |
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