| Group (NOKm) |
1Q |
4Q |
3Q |
2Q |
1Q |
4Q |
3Q |
2Q |
1Q |
| |
2023 |
2022 |
2022 |
2022 |
2022 |
2021 |
2021 |
2021 |
2021 |
| Profitability |
|
|
|
|
|
|
|
|
|
| Return on equity per quarter 1) |
13.0% |
13.1% |
10.9% |
12.9% |
12.6% |
12.7% |
12.4% |
14.3% |
14.8% |
| Cost-income ratio 1) |
45 % |
40 % |
42 % |
44 % |
43 % |
43 % |
41 % |
39 % |
41 % |
| |
|
|
|
|
|
|
|
|
|
| Balance sheet figures |
|
|
|
|
|
|
|
|
|
| Gross loans to customers |
153,181 |
152,629 |
150,247 |
148,681 |
147,023 |
147,301 |
143,972 |
141,935 |
137,471 |
| Gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
213,967 |
211,244 |
208,900 |
205,504 |
199,965 |
195,353 |
191,976 |
189,015 |
185,342 |
| Deposit from customers |
123,529 |
122,010 |
120,558 |
123,812 |
114,053 |
111,286 |
109,691 |
110,133 |
102,390 |
| Total assets |
228,207 |
223,312 |
218,918 |
217,458 |
207,027 |
198,845 |
200,124 |
200,426 |
193,822 |
| Quarterly average total assets |
225,759 |
221,115 |
218,188 |
212,243 |
202,936 |
199,492 |
200,275 |
197,124 |
190,867 |
| Growth in loans incl. SB1 Boligkreditt and SB1 Næringskredtt last 12 months 1) |
1.3 % |
1.1 % |
1.7 % |
2.8 % |
2.4 % |
1.8 % |
1.6 % |
2.0 % |
1.4 % |
| Growth in deposits last 12 months |
1.2 % |
1.2 % |
-2.6 % |
8.6 % |
2.5 % |
1.5 % |
-0.4 % |
7.6 % |
5.0 % |
| |
|
|
|
|
|
|
|
|
|
| Losses in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
|
|
|
|
|
|
|
|
|
| Impairment losses ratio 1) |
-0.13 % |
0.04 % |
0.04 % |
-0.09 % |
0.00 % |
0.07 % |
0.07 % |
0.08 % |
0.13 % |
| Stage 3 as a percentage of gross loans 1) |
0.96 % |
0.97 % |
1.02 % |
1.08 % |
1.62 % |
1.68 % |
1.80 % |
1.87 % |
1.66 % |
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| Solidity |
|
|
|
|
|
|
|
|
|
| Common equity Tier 1 capital ratio |
18.2 % |
18.9 % |
19.2 % |
18.8 % |
18.3 % |
18.0 % |
18.1 % |
18.3 % |
18.0 % |
| Tier 1 capital ratio |
20.1 % |
20.9 % |
20.8 % |
20.4 % |
19.8 % |
19.6 % |
19.7 % |
20.0 % |
19.7 % |
| Capital ratio |
22.2 % |
23.1 % |
23.0 % |
22.7 % |
21.9 % |
21.6 % |
21.8 % |
22.2 % |
21.9 % |
| Tier 1 capital |
21,985 |
21,835 |
21,252 |
20,547 |
19,797 |
19,322 |
19,265 |
19,011 |
18,636 |
| Total eligible capital |
24,298 |
24,147 |
23,546 |
22,910 |
21,839 |
21,333 |
21,338 |
21,105 |
20,741 |
| Liquidity Coverage Ratio (LCR) |
194 % |
239 % |
180 % |
204 % |
155 % |
138 % |
163 % |
184 % |
190 % |
| Leverage Ratio |
6.9 % |
7.1 % |
7.3 % |
6.9 % |
7.0 % |
6.9 % |
6.9 % |
7.0 % |
7.0 % |
| |
|
|
|
|
|
|
|
|
|
| Key figures ECC |
|
|
|
|
|
|
|
|
|
| ECC share price at end of period (NOK) |
123.60 |
127.40 |
111.40 |
115.80 |
141.20 |
149.00 |
129.80 |
119.20 |
107.40 |
| Number of certificates issued, millions 1) |
129.43 |
129.29 |
129.29 |
129.31 |
129.39 |
129.39 |
129.39 |
129.36 |
129.22 |
| Booked equity capital per ECC (NOK) 1) |
105.63 |
109.86 |
107.19 |
102.91 |
99.55 |
103.48 |
103.57 |
100.18 |
96.70 |
| Profit per ECC, majority (NOK) 1) |
3.51 |
3.53 |
2.89 |
3.20 |
3.20 |
3.20 |
3.22 |
3.51 |
3.40 |
| Price-Earnings Ratio (annualised) 1) |
8.79 |
9.02 |
9.62 |
9.06 |
11.05 |
11.65 |
10.09 |
8.50 |
7.91 |
| Price-Book Value Ratio 1) |
1.17 |
1.16 |
1.04 |
1.13 |
1.42 |
1.44 |
1.25 |
1.19 |
1.11 |
| 1) Defined as alternative performance measures, see attachment to the quarterly report. |
