Investor Relations

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.