3rd quarter 2023

  • Pre-tax profit NOK 996m (785m)
  • Net profit NOK 740m (617m)
  • Return on equity 11.1 per cent (10.9 per cent)
  • CET1 ratio 19.7 per cent (19.2 per cent)
  • Growth in lending 1.0 per cent (1.7 per cent) and in deposits minus 1.4 per cent (minus 2.6 per cent)
  • Net result of ownership interests was minus NOK 2m (108m)
  • Net result of financial instruments (incl. dividends) was NOK 99m (minus 22m)
  • Losses on loans and guarantees NOK 35m (NOK 22m)
  • Earnings per equity certificate (EC) NOK 3.28 (2.89)
  • Book value per EC NOK 116.39 (107.19)

First nine months 2023

  • Pre-tax profit NOK 2,988m (2,391m)
  • Net profit NOK 2,441m (2,017m)
  • Return on equity 13.0 per cent (12.0 per cent)
  • Growth in lending 12.2 per cent (8.8 per cent) and in deposits 14.7 per cent (9.9 per cent) in the last 12 months. Growth in lending to personal customers was 13.8 per cent (7.5 per cent) in the last 12 months. Growth in lending to corporates was 8.8 per cent (11.1 per cent) in the last 12 months
  • Lending to wage earners accounts for 68 per cent (67 per cent) of overall lending
  • Deposits from personal customers rose 17.3 per cent (9.1 per cent) in the last 12 months. Deposits from corporate clients rose 11.8 per cent (6.2 per cent) in the last 12 months
  • Net result of ownership interests NOK 207m (246m)
  • Net result of financial instruments (incl. dividends) NOK 20m (minus 29m)
  • Losses on loans and guarantees: a net recovery of NOK 6m (net recovery of NOK 26m), -0.00 per cent (-0.02 per cent) of gross outstanding loans
  • Earnings per equity certificate (EC) NOK 11.14 (9.29)
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