Key figures from quarterly accounts

 

Group (NOKm) 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q
  2021 2021 2020 2020 2020 2020 2019 2019 2019
Profitability                  
Return on equity per quarter 1) 14.3% 14.8% 8.9% 10.5% 15.1% 5.7% 7.1% 10.2% 14.9%
Cost-income ratio 1) 43 % 46 % 51 % 45 % 41 % 52 % 56 % 50 % 44 %
                   
Balance sheet figures                  
Gross loans to customers  141,935 137,471 134,648 133,640 130,627 127,272 126,277 123,967 121,895
Gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt 189,015 185,342 182,801 179,423 175,100 170,771 167,777 165,380 163,627
Deposits from customers 110,133 102,390 97,529 95,391 94,289 88,152 85,917 83,641 86,553
Total assets 200,426 193,822 187,912 186,900 190,484 185,182 166,662 166,475 167,289
Quarterly average total assets 197,124 190,867 187,406 188,692 187,833 175,922 166,569 166,882 165,965
Growth in loans incl. SB1 Boligkreditt and SB1 Næringskredtt last 12 months 1) 2.0 % 1.4 % 1.9 % 2.5 % 2.5 % 1.8 % 1.4 % 1.1 % 1.6 %
Growth in deposits last 12 months 7.6 % 5.0 % 2.2 % 1.2 % 7.0 % 2.6 % 2.7 % -3.4 % 6.7 %
                   
Losses in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt                  
Impairment losses ratio 1) 0.08 % 0.13 % 0.54 % 0.52 % 0.39 % 0.73 % 0.25 % 0.17 % 0.14 %
Stage 3 as a percentage of gross loans 1) 1.87 % 1.66 % 1.23 % 1.30 % 1.35 % 1.39 % 1.26 % 1.28 % 1.22 %
                   
                   
Solidity 2)                  
Common equity Tier 1 capital ratio 18.3 % 18.0 % 18.3 % 17.6 % 17.2 % 16.3 % 17.2 % 15.1 % 15.0 %
Tier 1 capital ratio 20.0 % 19.7 % 20.0 % 19.2 % 18.9 % 18.0 % 19.3 % 16.7 % 16.6 %
Capital ratio 22.2 % 21.9 % 22.3 % 21.4 % 21.1 % 20.1 % 21.6 % 18.9 % 18.8 %
Tier 1 capital 19,011 18,636 18,636 18,290 18,182 17,792 17,742 17,417 17,284
Total eligible capital 21,105 20,741 20,759 20,373 20,266 19,879 19,854 19,765 19,634
Liquidity Coverage Ratio (LCR) 184 % 190 % 171 % 140 % 163 % 185 % 148 % 181 % 165 %
Leverage Ratio 7.0 % 7.0 % 7.1 % 7.1 % 6.9 % 6.9 % 7.5 % 7.4 % 7.5 %
                   
Key figures ECC                  
ECC share price at end of period (NOK) 119.20 107.40 97.60 84.30 78.30 67.60 100.20 98.50 97.70
Number of certificates issued, millions 1) 129.36 129.22 129.39 129.44 129.39 129.22 129.30 129.48 129.66
Booked equity capital per ECC (including dividend) 1) 100.18 96.70 94.71 92.73 90.37 86.85 90.75 89.36 87.04
Profit per ECC, majority 1) 3.51 3.40 1.99 2.35 3.27 1.26 1.60 2.30 3.21
Price-Earnings Ratio 1) 8.50 7.91 12.28 8.96 5.98 13.46 15.67 10.69 7.61
Price-Book Value Ratio 1) 1.19 1.11 1.03 0.91 0.87 0.78 1.10 1.10 1.12
                   
   
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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