3rd quarter 2024

  • Pre-tax profit NOK 1,693m (996m)
  • Net profit NOK 1,441m (740m)
  • Return on equity 21.0 per cent (11.1 per cent)
  • A gain of NOK 452m related to the merger between Fremtind and Eika Forsikring was recognised in the third quarter.
  • CET1 ratio 18.2 per cent (19.7 per cent)
  • Growth in group lending 2.2 per cent (1.0 per cent) in the third quarter
  • Reduction in deposits of 1.2 per cent (reduction of 1.4 per cent) in the third quarter
  • The net result of ownership interests was NOK 685m (minus NOK 2m), including the gain from the merger between Fremtind and Eika Forsikring
  • The net result of financial instruments (incl. dividends) was minus NOK 14m (64m)
  • Losses on loans and guarantees: NOK 75m (35m)
  • Earnings per equity certificate (EC): NOK 6.42 (3.28)
  • Book value per EC was NOK 124.05 (116.39) and the price of the bank’s EC (MING) was NOK 153.46 (137.20) at the end of the quarter

First nine months 2024

  • Pre-tax profit NOK 4,342m (2,988m)
  • Net profit NOK 3,540m (2,441m)
  • Return on equity 17.4 per cent (13.0 per cent)
  • CET1 ratio 18.2 per cent (19.7 per cent)
  • Growth in lending 5.5 per cent (12.2 per cent), and in deposits minus 0.1 per cent (14.7 per cent) in the last 12 months
  • The net result of ownership interests was NOK 1,027m (207m)
  • The net result of financial instruments (incl. dividends) was NOK 47m (minus 47m)
  • Losses on loans and guarantees: NOK 146m (net recovery of 6m)
  • Earnings per equity certificate (EC): NOK 15.57 (11.14)
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