2nd quarter 2022

 

    • Pre-tax profit: NOK 880m (942m)
    • Post-tax profit: NOK 702m (755m)
    • Return on equity: 12.9% (14.3%)
    • CET1 ratio: 18.8% (18.3%)
    • Growth in lending: 2.8% (2.0%) and in deposits: 8.6% (7.6%)
    • Lending to personal customers rose 2.7% in the quarter (2.2%), 1.1 percentage point higher growth than in the first quarter. Lending to corporate clients rose 2.9% (1.5%) which was 1.1 percentage point lower than in the first quarter.
    • Deposits from personal customers rose 6.6% (6.9%), 4.4 percentage points higher than in the first quarter. Deposits from  corporate clients rose 9.9% (8.0%), 7.3 percentage points higher than in the first quarter
    • Net result of ownership interests: NOK 77m (212m)
    • Net result of financial instruments (incl. dividends): minus NOK 32m (59m)
    • Losses on loans and guarantees with a net recovery of NOK 48m (loss of 39m)
    • Earnings per equity certificate (EC): NOK 3.20 (3.51)
    • Book value per EC: NOK 102.91 (100.18)

    First half 2022

    • Pre-tax profit: NOK 1,748m (1,836m)
    • Post-tax profit: NOK 1,400m (1,523m)
    • Return on equity: 12.6% (14.5%)
    • Growth in lending: 8.7% (7.9%) and in deposits: 12.4% (16.8%) in the last 12 months. In the first half-year growth in lending was 5.2 per cent (3.4 per cent) and in deposits 11.3 per cent (12.9 per cent)
    • Growth in lending to personal customers was 8.1 per cent (7.0 per cent) in the last 12 months. In the first half-year growth was 4.3 per cent (3.1 per cent). Growth in lending to corporate clients was 10.1 per cent (9.9 per cent) in the last 12 months, in the first half-year 7.0 per cent (4.1 per cent)
    • Lending to retail clients accounts for 68 per cent (68 per cent) of total lending
    • Deposits from personal customers rose 10.0% (7.8%) in the last 12 months. In the first half 9.0 per cent (8.8 per cent). Deposits from  corporate clients rose 14.1% (23.7%) in the last 12 months. In the first half-year 12.8 per cent (15.9 per cent)
    • Net result of ownership interests: NOK 139m (340m)
    • Net result of financial instruments (incl. dividends): NOK 141m (220m)
    • Losses on loans and guarantees with a net recovery of NOK 48m (loss of 98m), -0.10 per cent (0.11 per cent) of gross lending
    • Earnings per equity certificate (EC): NOK 6.39 (6.90)
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