1Q 2022: Strong quarter with solid lending growth

  • Profit after tax: NOK 536 (439) million
  • Return on equity: 12.2 (10.6) per cent
  • Common Equity Tier 1 capital ratio: 18.0 (17.8) per cent
  • Cost growth parent bank past 12 months: 5.6 (1.7) per cent
  • Loan losses: NOK 4 million (net reversals of NOK 18 million)

Strong growth and record profit

When times are tough, both people and businesses seek a secure and stable bank. That is something we noticed this year as well. We have done our utmost to be there and available for our customers throughout the pandemic.

A quick overview

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Ticker: SPOL

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Senior Unsecured - Aa3, stable outlook
Senior Non-Preferred - A3, stable outlook 

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Geir-Egil Bolstad
+47 918 82 071
Cathrine Mordal
Head of Treasury
+47 480 02 537
Bjørn-Erik Orskaug
Head of Investor Relations
+47 922 39 185