Main figures
| Main figures | Jan-March | |||||
| 2020 | 2019 | 2019 | ||||
| From the income statement | NOKm | % 1) | NOKm | % 1) | NOKm | % 1) |
| Net interest | 710 | 1,61 | 649 | 1,59 | 2.687 | 1,63 |
| Net commission income and other income | 570 | 1,30 | 551 | 1,36 | 2.290 | 1,39 |
| Net return on financial investments | 101 | 0,23 | 727 | 1,79 | 1.201 | 0,73 |
| Total income | 1.381 | 3,14 | 1.926 | 4,74 | 6.178 | 3,74 |
| Total operating expenses | 716 | 1,63 | 704 | 1,73 | 2.797 | 1,69 |
| Results before losses | 665 | 1,51 | 1.223 | 3,01 | 3.380 | 2,05 |
| Loss on loans, guarantees etc | 308 | 0,70 | 67 | 0,17 | 299 | 0,18 |
| Results before tax | 357 | 0,81 | 1.155 | 2,84 | 3.081 | 1,87 |
| Tax charge | 67 | 0,15 | 109 | 0,27 | 518 | 0,31 |
| Result investment held for sale, after tax | 0 | 0,00 | 0 | 0,00 | 0 | 0,00 |
| Net profit | 290 | 0,66 | 1.046 | 2,57 | 2.563 | 1,55 |
| Interest Tier 1 Capital | 24 | 19 | 49 | |||
| Net profit excl. Interest Tier 1 Capital | 266 | 1.027 | 2.514 | |||
| Key figures | 31 March 2020 | 31 March 2019 | 31 Dec 2019 | |||
| Profitability | ||||||
| Return on equity 2) | 5,7 % | 23,3 % | 13,7 % | |||
| Cost-income ratio 2) | 52 % | 37 % | 45 % | |||
| Balance sheet figures | ||||||
| Gross loans to customers | 127.272 | 120.100 | 126.277 | |||
| Gross loans to customers incl. SB1 Boligkreditt and SB1 Næringskreditt | 170.771 | 161.091 | 167.777 | |||
| Deposits from customers | 88.152 | 81.111 | 85.917 | |||
| Deposit-to-loan ratio excl. SB1 Boligkreditt and SB1 Næringskreditt | 69 % | 68 % | 68 % | |||
| Deposit-to-loan ratio incl. SB1 Boligkreditt and SB1 Næringskreditt 2) | 52 % | 50 % | 51 % | |||
| Growth in loans (gross) last 12 months (incl. SB1 Boligkreditt and SB1 Næringskreditt) 2) | 6,0 % | 6,6 % | 4,7 % | |||
| Growth in deposits last 12 months | 8,7 % | 6,8 % | 6,6 % | |||
| Average total assets | 175.922 | 162.673 | 165.154 | |||
| Total assets | 185.182 | 164.641 | 166.662 | |||
| Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt | ||||||
| Impairment losses ratio 2) | 0,73 % | 0,17 % | 0,18 % | |||
| Non-performing commitm. as a percentage of gross loans 2) | 0,38 % | 0,18 % | 0,26 % | |||
| Other doubtful commitm. as a percentage of gross loans 2) | 1,23 % | 0,99 % | 1,00 % | |||
| Solidity 3) | ||||||
| Capital ratio | 20,1 % | 18,6 % | 21,6 % | |||
| Tier 1 capital ratio | 18,0 % | 16,4 % | 19,3 % | |||
| Common equity Tier 1 capital ratio | 16,3 % | 14,8 % | 17,2 % | |||
| Tier 1 capital | 17.792 | 16.775 | 17.742 | |||
| Total eligible capital | 19.879 | 19.115 | 19.854 | |||
| Liquidity Coverage Ratio (LCR) | 185 % | 180 % | 148 % | |||
| Leverage Ratio | 6,9 % | 7,4 % | 7,5 % | |||
| Branches and staff | ||||||
| Number of branches | 46 | 48 | 46 | |||
| No. Of full-time positions | 1.553 | 1.524 | 1.509 | |||
| 1) Calculated as a percentage of average total assets | ||||||
| 2) Defined as alternative performance mesures, see attachment to the quarterly report | ||||||
| 3) Comparables have not been restated by revised distribution of profit for 2019 | ||||||
| Key figures ECC | 31 March 2020 | 31 March 2019 | 31 Dec 2019 | 31 Dec 2018 | 31 Dec 2017 | 31 Dec 2016 |
| ECC ratio | 64,0 % | 64,0 % | 64,0 % | 64,0 % | 64,0 % | 64,0 % |
| Number of certificates issued, millions 2) | 129,22 | 129,41 | 129,30 | 129,62 | 129,38 | 129,64 |
| ECC share price at end of period (NOK) | 67,60 | 87,40 | 100,20 | 84,20 | 82,25 | 64,75 |
| Stock value (NOKM) | 8.735 | 11.310 | 12.956 | 10.914 | 10.679 | 8.407 |
| Booked equity capital per ECC (including dividend) 2) | 86,85 | 83,86 | 90,75 | 83,87 | 78,81 | 73,35 |
| Profit per ECC, majority 2) | 1,26 | 5,02 | 12,14 | 9,97 | 8,71 | 7,93 |
| Dividend per ECC | 6,50 | 5,10 | 4,40 | 3,00 | ||
| Price-Earnings Ratio 2) | 13,46 | 4,35 | 8,26 | 8,44 | 9,44 | 8,17 |
| Price-Book Value Ratio 2) | 0,78 | 1,04 | 1,10 | 1,00 | 1,04 | 0,88 |
| 2) Defined as alternative performance measures, see attachement to quarterly report | ||||||
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