Main figures
| Fourth quarter | January - December | |||
| From the income statement (NOKm) | 2022 | 2021 | 2022 | 2021 |
| Net interest | 961 | 725 | 3,339 | 2,805 |
| Net commission income and other income | 473 | 521 | 2,042 | 2,141 |
| Net return on financial investments | 163 | 168 | 380 | 840 |
| Total income | 1,597 | 1,414 | 5,760 | 5,786 |
| Total operating expenses | 646 | 609 | 2,443 | 2,360 |
| Results before losses | 951 | 805 | 3,317 | 3,426 |
| Loss on loans, guarantees etc | 19 | 32 | -7 | 161 |
| Results before tax | 932 | 773 | 3,324 | 3,266 |
| Tax charge | 210 | 103 | 718 | 563 |
| Result investment held for sale, after tax | 46 | 33 | 179 | 200 |
| Net profit | 768 | 703 | 2,785 | 2,902 |
| Interest Tier 1 Capital | 17 | 10 | 63 | 50 |
| Net profit excl. Interest Tier 1 Capital | 751 | 693 | 2,722 | 2,852 |
| Balance sheet figures | 31 Dec 2022 | 31 Dec 2021 | ||
| Gross loans to customers | 152,629 | 147,301 | ||
| Gross loans to customers incl. SB1 Boligkreditt and SB1 Næringskreditt | 211,244 | 195,353 | ||
| Deposits from customers | 122,010 | 111,286 | ||
| Average total assets | 213,112 | 196,226 | ||
| Total assets | 223,312 | 198,845 | ||
| Fourth quarter | January - December | |||
| Key figures | 2022 | 2021 | 2022 | 2021 |
| Profitability | ||||
| Return on equity 1) | 13.1 % | 12.7 % | 12.3 % | 13.5 % |
| Cost-income ratio 1) | 40 % | 43 % | 42 % | 41 % |
| Deposit-to-loan ratio excl. SB1 Boligkreditt and SB1 Næringskreditt | 80 % | 76 % | 80 % | 76 % |
| Deposit-to-loan ratio incl. SB1 Boligkreditt and SB1 Næringskreditt 1) | 58 % | 57 % | 58 % | 57 % |
| Growth in loans (gross) last 12 months (incl. SB1 Boligkreditt and SB1 Næringskreditt) 1) | 1.1 % | 1.8 % | 8.1 % | 6.9 % |
| Growth in deposits last 12 months | 1.2 % | 1.5 % | 9.6 % | 14.1 % |
| Losses in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt | ||||
| Impairment losses ratio 1) | 0.04 % | 0.07 % | 0.00 % | 0.09 % |
| Stage 3 as a percentage of gross loans 1) | 0.97 % | 1.68 % | 0.97 % | 1.68 % |
| Solidity | 31 Dec 2022 | 31 Dec 2021 | ||
| Capital ratio | 23.1 % | 21.6 % | ||
| Tier 1 capital ratio | 20.9 % | 19.6 % | ||
| Common equity Tier 1 capital ratio | 18.9 % | 18.0 % | ||
| Tier 1 capital | 21,835 | 19,322 | ||
| Total eligible capital | 24,147 | 21,333 | ||
| Liquidity Coverage Ratio (LCR) | 239 % | 138 % | ||
| Leverage Ratio | 7.1 % | 6.9 % | ||
| Branches and staff | ||||
| Number of branches | 40 | 40 | ||
| No. Of full-time positions | 1,432 | 1,390 | ||
| 1) Defined as alternative performance measures, se attachment to quarterly report | ||||
| 2) Historical numbers are restated after the reclassification of the subsidiary SpareBank 1 Markets to Investement held for sale. For more information see note 2. | ||||
| Key figures ECC | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
| ECC ratio | 64 % | 64 % | 64 % | 64.0 % | 64.0 % |
| Number of certificates issued, millions 1) | 129.29 | 129.39 | 129.39 | 129.30 | 129.62 |
| ECC share price at end of period (NOK) | 127.40 | 149.00 | 97.60 | 100.20 | 84.20 |
| Stock value (NOKM) | 16,471 | 19,279 | 12,629 | 12,956 | 10,914 |
| Booked equity capital per ECC (including dividend) 1) | 109.86 | 103.48 | 94.71 | 90.75 | 83.87 |
| Profit per ECC, majority 1) | 12.82 | 13.31 | 8.87 | 12.14 | 9.97 |
| Dividend per ECC | 6.50 | 7.50 | 4.40 | 6.50 | 5.10 |
| Price-Earnings Ratio 1) | 9.94 | 11.19 | 11.01 | 8.26 | 8.44 |
| Price-Book Value Ratio 1) | 1.16 | 1.44 | 1.03 | 1.10 | 1.00 |
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