2nd quarter 2021

 

  • Pre-tax profit: NOK 942m (840m)
  • Post-tax profit: NOK 755m (719m)
  • Return on equity: 14.3% (15.1%)
  • CET1 ratio: 18.3% (17.2%)
  • Growth in lending: 2.0% (2.5%) and in deposits: 7.6% (7.0%)
  • Lending to personal customers increased by 2.2% in the quarter (2.4%), 1.4 percentage point higher growth than in the first quarter. Lending to corporate clients increased by 1.5% (2.7%) which was 0.9 percentage point lower growth than in the first quarter
  • Deposits from personal customers increased by 6.9% (10.2%), 5.1% higher growth than in the first quarter. Deposits from corporate customers increased by 8.0% (4.6%), 0.7 per cent higher growth than in the first quarter
  • Net result of ownership interests: NOK 212m (177m)
  • Net result of financial instruments (incl. dividends): NOK 59m (271m)
  • Losses on loans and guarantees: NOK 39m (170m), 0.08% of gross loans (0.39%)
  • Earnings per equity certificate (EC): NOK 3.51 (3.27). Book value per EC: NOK 100.18 (90.37)

First half 2021

  • Pre-tax profit: NOK 1,836m (1,195m)
  • Post-tax profit: NOK 1,523m (1,008m)
  • Return on equity: 14.5% (10.3%)
  • Growth in lending: 7.9% (7.0%) and in deposits: 16.8% (8.9%) in the last 12 months. In the first half-year growth in lending was 3.4% (4.4%) and in deposits 12.9% (9.7%)
  • Growth in lending to personal customers was 7.0% (7.9%) in the last 12 months. In the first half-year growth was 3.4% (7.9%). Growth in lending to corporate clients was 9.9% (5.2%) in the last 12 months; in the first half-year growth was 4.1% (4.7%)
  • Loans to retail customers account for 68% of total lending
  • Deposits from personal customers increased by 7.8% (13.2%) in the last 12 months, in the first half-year by 8.8% (14.9%). Deposits from corporate customers increased by 23.7% (5.9%) in the last 12 months, in the first half-year by 15.9% (6.1%).
  • Net result of ownership interests: NOK 340m (394m)
  • Net result of financial instruments (incl. dividends): NOK 220m (155m)
  • Losses on loans and guarantees: NOK 98m (478m), 0.11% (0.56%) of gross loans
  • Earnings per equity certificate (EC): NOK 6.90 (4.53). 
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