Investor relations
SpareBank 1 SMN is the largest financial group in the region and one of 12 member banks in the SpareBank 1 alliance.
Fourth quarter 2024
- Pre-tax profit NOK 1,305m (1,496m)
- Net profit NOK 1,052m (1,247m)
- Return on equity 14.4% (18.3%)
- CET1 ratio 18.3% (18.8%)
- Growth in lending 0.9% (0.9%) and in deposits 2.1% (minus 3.9%)
- Lending to the bank’s retail customers rose 1.5% in the quarter (0.8%), 0.2 percentage points higher growth than in the third quarter. Lending to the bank’s corporate clients decreased 0.4% (1.0% growth) which was 4.9 percentage points lower growth than in the third quarter
- Deposits from retail customers rose 1.3% (1.1%), 2.3 percentage points higher growth than in the third quarter. Deposits from corporate clients rose 2.5% (reduction of 10%). This is 3.3 percentage points higher growth than in the third quarter
- Net result of ownership interests was NOK 227m (90m)
- Net result of financial instruments (incl. dividends) was NOK 56m (448m)
- Losses on loans and guarantees: NOK 30m (20m)
- Earnings per equity certificate (EC): NOK 4.67 (5.62).
- Book value per EC: NOK 128.09 (120.48)
Annual report
SpareBank 1 SMN intends to be a digital bank with a personal and local signature.
Financial information
Sustainability
We aim to contribute to society’s value creation through responsible banking operations that instil public confidence in the entire corporation.
