4th quarter 2023
- Pre-tax profit NOK 1,496m (932m)
- Net profit NOK 1,247m (768m)
- Return on equity 18.3 per cent (13.1 per cent)
- CET1 ratio 18.8 per cent (18.9 per cent)
- Growth in lending 0.9 per cent (1.1 per cent) and in deposits minus 3.9 per cent (1.2 per cent)
- Lending to retail customers of the bank rose 0.8 per cent in the quarter (1.4 per cent), 0.8 percentage points lower growth than in the third quarter. Lending to the bank’s corporate clients rose 1.0 per cent (decline of 0.4 per cent) which was 1.8 percentage points higher growth than in the third quarter
- Deposits from retail customers rose 1.1 per cent (0.9 per cent), 1.9 percentage points higher growth than in the third quarter. Deposits from corporate clients were reduced by 10.0 per cent (0.4 per cent). This is 7 percentage points lower growth than in the third quarter, and is in all essentials due to a reduction in deposits from the public sector
- Net result of ownership interests was NOK 90m (195m)
- Net result of financial instruments (incl. dividends) was NOK 481m (minus 33m)
- Losses on loans and guarantees: NOK 20m (19m)
- Earnings per equity certificate (EC): NOK 5.62 (3.53).
- Book value per EC: NOK 120.48 (109.86)