Main figures, last ten years

From the income statement (mNOK) 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Net interest and credit commission income 1,790 1,616 1,477 1,392 1,317 1,325 1,350 1,139 1,024 974
Commision and fee income 1,512 1,463 1,139 919 855 756 610 671 580 537
Operating expenses -1,789 -1,722 -1,654 -1,482 -1,140 -1,253 -1,194 -1,103 -990 -906
Operating profit before losses and return on financial investments 1,513 1,357 962 829 1,032 828 766 707 613 605
Income from investment in related companies 527 355 244 248 276 349 393 233 190 119
Return on financial investements 193 147 207 186 133 247 -186 99 229 157
Loan losses and gains / write-downs on disposals of fixed assets 89 101 58 27 132 277 202 -6 -84 -38
Pre-tax operating profit 2,143 1,758 1,355 1,236 1,309 1,147 771 1,045 1,116 919
                     
From the balance sheet (mNOK)                    
Total assets 126,047 115,360 107,919 101,455 97,992 84,541 84,679 71,503 63,178 54,327
Outstanding loans (gross) 90,339 80,303 74,943 73,105 69,847 61,782 64,016 59,178 52,819 45,280
Outstanding loans including transf. SpareBank 1 Boligkreditt (gross) 120,196 112,038 95,232 95,232 87,665 77,429 71,317 61,910    
Gross loans in retail market 74,004 68,515 55,034 55,034 49,619 45,157 42,679 38,872 33,898 29,032
Gross loans in corporate market 46,192 43,523 40,198 40,198 38,046 32,272 28,638 23,038 18,921 16,248
Deposits 60,655 55,879 52,252 47,871 42,786 37,227 35,280 32,434 30,136 27,048
Deposits from retail market 26,479 23,865 20,860 20,860 19,052 17,898 17,566 16,070 14,707 14,080
Deposits from corporate market 34,176 32,015 27,011 27,011 23,734 19,330 17,715 16,364 15,429 12,968
Growth in lending, % 7.3 % 6.8 % 10.2 % 8.6 % 13.2 % 8.6 % 15.2 % 17.2 % 16.6 % 32.3 %
Growth in deposits, % 8,5 % 7.3 % 9.2 % 11.9 % 14.9 % 5.5 % 8.8 % 7.6 % 11.4 % 30.5 %
                     
Key figures and ratios                     
Return on equity 15.1 % 13.3 % 11.7 % 12.8 % 14.6 % 16.2 % 11.9 % 18.9 % 23.7 % 23.3 %
Cost-income ratio  44.5 % 48.1 % 54.0 % 53.2 % 44.2 % 46.8 % 55.1 % 51.5 % 49.0 % 50.7 %
                     
CET 1 Capital 11.2 % 11.1 % 10.0 % 8.9 % 9.3 % 7.7 % 7.1 % 7.4 % 7.5 % 7.5 %
Core capital ratio 13.0 % 13.0 % 11.4 % 10.4 % 10.9 % 10.5 % 8.1 % 8.4 % 8.6 % 8.8 %
Capital adequacy ratio 15.7 % 14.7 % 13.3 % 12.0 % 13.0 % 13.6 % 11.9 % 12.1 % 11.9 % 10.9 %
                     
No. of staff 1,273 1,238 1,216 1,153 1,117 1,108 1,062 1,017 950 898
No. of person-years worked 1,192 1,135 1,135 1,109 1,035 1,017 973 940 841 806
No. of branches 48 50 51 54 54 55 56 56 58 62
                     
Key figures EC 1)                    
EC ratio 64.6 % 64.6 % 64.6 % 60.6 % 61.3 % 54.8 % 56.3 % 54.2 % 53.7 % 56.1 %
Number of Ecs issued (m) 129.83 129.83 129.83 102.76 102.74 82.78 82.41 76.65 71.70 71.70
EC price (NOK) 58.50 55.00 34.80 36.31 49.89 45.06 21.00 50.28 56.72 54.46
Market value (mNOK) 7,595 7,141 4,518 3,731 5,124 3,749 1,750 3,900 4,140 3,951
Profit per EC (NOK) 8.82 6.92 50.09 48.91 46.17 42.11 38.07 36.43 33.31 30.26
Dividend per EC (NOK) 2.25 1.75 5.21 6.06 5.94 6.37 4.16 5.86 6.24 5.35
Booked equity capital per EC (including dividend) 62.04 55.69 1.50 1.85 2.77 2.10 2.77 3.90 3.04 3.34
P/E 6.63 7.95 6.68 5.99 8.40 7.07 5.05 8.59 9.08 10.19
Price/Booked equity capital 0.94 0.99 0.69 0.74 1.08 1.07 0.55 1.38 1.70 1.80

1) For definition of key figures for primary capital certificates, see Equity capital certificates.

 

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