Investor Relations
SpareBank 1 Østlandet is the leading savings bank in Eastern Norway. We are part of the SpareBank 1 alliance, which consists of independent savings bank across the country.
Presentation of 1st quarter 2025 accounts: Solid banking operations
SpareBank 1 Østlandet's consolidated profit after tax for the first quarter of 2025 was NOK 867 (860) million. The return on equity was 14.1 (17.4) percent.
Q1 2025
(Consolidated figures. Figures in brackets concern the corresponding period in 2024)
• Profit after tax: NOK 867 (860) million
• Return on equity: 14.1 (17.4) per cent
• Earnings per equity capital certificate: NOK 4.44 (5.03)
• Net interest income: NOK 1,173 (1,004) million
• Net commissions and other operating income: NOK 457 (370) million
• Net income from financial assets and liabilities was NOK 100 (230) million.
• Total operating expenses: NOK 720 (599) million
• Net loan loss provisions were NOK 51 (33) million
• Lending growth in the last quarter, including mortgages transferred to the covered bond companies: 0.6 (0.4) per cent
• Deposit growth in the last quarter: 2.3 (1.6) per cent
• Common Equity Tier 1 capital ratio: 17.1 (17.0) per cent
• The Bank's green loans (incl. loans transferred to the covered bond companies) amounted to NOK 45 (41) billion at the end of the fourth quarter
The presentation was by Group CEO Klara-Lise Aasen and CFO Geir-Egil Bolstad.
Webcast 1Q 2025
A quick overview
Contact
Geir-Egil Bolstad
CFO
+47 918 82 071
Cathrine Mordal
Head of Treasury
+47 480 02 537
Bjørn-Erik Orskaug
Head of Investor Relations
+47 922 39 185