Key figures from quarterly accounts

 

Group (NOKm) 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q 4Q
  2020 2020 2020 2020 2019 2019 2019 2019 2018
Profitability                  
Return on equity per quarter 1) 8.9% 10.5% 15.1% 5.7% 7.1% 10.2% 14.9% 23.3% 9.0%
Cost-income ratio 1) 51 % 45 % 41 % 52 % 56 % 50 % 44 % 37 % 55 %
                   
Balance sheet figures                  
Gross loans to customers  134,648 133,640 130,627 127,272 126,277 123,967 121,895 120,100 120,473
Gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt 182,801 179,423 175,100 170,771 167,777 165,380 163,627 161,091 160,317
Deposits from customers 97,529 95,391 94,289 88,152 85,917 83,641 86,553 81,111 80,615
Total assets 187,912 186,900 190,484 185,182 166,662 166,475 167,289 164,641 160,704
Quarterly average total assets 187,406 188,692 187,833 175,922 166,569 166,882 165,965 162,673 160,021
Growth in loans incl. SB1 Boligkreditt and SB1 Næringskredtt last 12 months 1) 9.0 % 8.5 % 7.0 % 6.0 % 6.3 % 6.8 % 5.7 % 6.6 % 7.8 %
Growth in deposits last 12 months 13.5 % 14.0 % 8.9 % 8.7 % 10.8 % 4.1 % 7.7 % 6.8 % 5.4 %
                   
Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt                  
Impairment losses ratio 1) 0.54 % 0.52 % 0.39 % 0.73 % 0.25 % 0.17 % 0.14 % 0.17 % 0.17 %
Non-performing commitm. as a percentage of gross loans 1) 0.25 % 0.27 % 0.39 % 0.38 % 0.26 % 0.26 % 0.22 % 0.18 % 0.19 %
Other doubtful commitm. as a percentage of gross loans 1) 0.98 % 1.03 % 0.97 % 1.23 % 1.00 % 1.03 % 1.00 % 0.99 % 0.86 %
                   
Solidity 2)                  
Common equity Tier 1 capital ratio 18.3 % 17.6 % 17.2 % 16.3 % 17.2 % 15.1 % 15.0 % 14.8 % 14.6 %
Tier 1 capital ratio 20.0 % 19.2 % 18.9 % 18.0 % 19.3 % 16.7 % 16.6 % 16.4 % 16.3 %
Capital ratio 22.3 % 21.4 % 21.1 % 20.1 % 21.6 % 18.9 % 18.8 % 18.6 % 18.5 %
Tier 1 capital 18,636 18,290 18,182 17,792 17,742 17,417 17,284 16,775 16,472
Total eligible capital 20,759 20,373 20,266 19,879 19,854 19,765 19,634 19,115 18,743
Liquidity Coverage Ratio (LCR) 171 % 140 % 163 % 185 % 148 % 181 % 165 % 180 % 183 %
Leverage Ratio 7.1 % 7.1 % 6.9 % 6.9 % 7.5 % 7.4 % 7.5 % 7.4 % 7.4 %
                   
Key figures ECC                  
ECC share price at end of period (NOK) 97.60 84.30 78.30 67.60 100.20 98.50 97.70 87.40 84.20
Number of certificates issued, millions 1) 129.39 129.44 129.39 129.22 129.30 129.48 129.66 129.41 129.62
Booked equity capital per ECC (including dividend) 1) 94.71 92.73 90.37 86.85 90.75 89.36 87.04 83.86 83.87
Profit per ECC, majority 1) 1.99 2.35 3.27 1.26 1.60 2.30 3.21 5.02 1.90
Price-Earnings Ratio 1) 12.28 8.96 5.98 13.46 15.67 10.69 7.61 4.35 11.05
Price-Book Value Ratio 1) 1.03 0.91 0.87 0.78 1.10 1.10 1.12 1.04 1.00
   
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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