Key figures from quarterly accounts

Group (NOKm) 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q
  2020 2019 2019 2019 2019 2018 2018 2018 2018
Profitability                  
Return on equity per quarter 1) 5,7% 7,1% 10,2% 14,9% 23,3% 9,0% 11,1% 17,9% 11,2%
Cost-income ratio 1) 52 % 56 % 50 % 44 % 37 % 55 % 48 % 44 % 50 %
                   
Balance sheet figures                  
Gross loans to customers  127.272 126.277 123.967 121.895 120.100 120.473 118.044 115.787 113.174
Gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt 170.771 167.777 165.380 163.627 161.091 160.317 157.825 154.790 151.065
Deposits from customers 88.152 85.917 83.641 86.553 81.111 80.615 77.529 80.343 75.937
Total assets 185.182 166.662 166.475 167.289 164.641 160.704 159.337 159.584 152.083
Quarterly average total assets 175.922 166.569 166.882 165.965 162.673 160.021 159.460 155.833 152.668
Growth in loans incl. SB1 Boligkreditt and SB1 Næringskredtt last 12 months 1) 6,0 % 6,3 % 6,8 % 5,7 % 6,6 % 7,8 % 7,3 % 7,6 % 7,9 %
Growth in deposits last 12 months 8,7 % 10,8 % 4,1 % 7,7 % 6,8 % 5,4 % 6,1 % 6,3 % 8,2 %
                   
Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt                  
Impairment losses ratio 1) 0,73 % 0,25 % 0,17 % 0,14 % 0,17 % 0,17 % 0,18 % 0,20 % 0,13 %
Non-performing commitm. as a percentage of gross loans 1) 0,38 % 0,26 % 0,26 % 0,22 % 0,18 % 0,19 % 0,18 % 0,18 % 0,19 %
Other doubtful commitm. as a percentage of gross loans 1) 1,23 % 1,00 % 1,03 % 1,00 % 0,99 % 0,86 % 0,86 % 0,95 % 0,90 %
                   
Solidity 2)                  
Common equity Tier 1 capital ratio 16,3 % 17,2 % 15,1 % 15,0 % 14,8 % 14,6 % 14,9 % 15,0 % 14,6 %
Tier 1 capital ratio 18,0 % 19,3 % 16,7 % 16,6 % 16,4 % 16,3 % 16,7 % 17,0 % 16,3 %
Capital ratio 20,1 % 21,6 % 18,9 % 18,8 % 18,6 % 18,5 % 19,2 % 19,0 % 18,2 %
Tier 1 capital 17.792 17.742 17.417 17.284 16.775 16.472 16.542 16.488 15.697
Total eligible capital 19.879 19.854 19.765 19.634 19.115 18.743 18.969 18.418 17.518
Liquidity Coverage Ratio (LCR) 185 % 148 % 181 % 165 % 180 % 183 % 150 % 150 % 162 %
Leverage Ratio 6,9 % 7,5 % 7,4 % 7,5 % 7,4 % 7,4 % 7,5 % 7,4 % 7,3 %
                   
Key figures ECC                  
ECC share price at end of period (NOK) 67,60 100,20 98,50 97,70 87,40 84,20 90,90 84,50 80,90
Number of certificates issued, millions 1) 129,22 129,30 129,48 129,66 129,41 129,62 129,44 129,31 129,38
Booked equity capital per ECC (including dividend) 1) 86,85 90,75 89,36 87,04 83,86 83,87 82,57 80,21 76,53
Profit per ECC, majority 1) 1,26 1,60 2,30 3,21 5,02 1,90 2,32 3,54 2,21
Price-Earnings Ratio 1) 13,46 15,67 10,69 7,61 4,35 11,05 9,77 5,97 9,16
Price-Book Value Ratio 1) 0,78 1,10 1,10 1,12 1,04 1,00 1,10 1,05 1,06
                   
1) Defined as alternative performance measures, see attachment to the quarterly report
2) Comparables have not been restated since revised distribution of profit for 2019.

 

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