About us

Third quarter 2023

  • Pre-tax profit NOK 996m (785m)
  • Net profit NOK 740m (617m)
  • Return on equity 11.1 per cent (10.9 per cent)
  • CET1 ratio 19.7 per cent (19.2 per cent)
  • Growth in lending 1.0 per cent (1.7 per cent) and in deposits minus 1.4 per cent (minus 2.6 per cent)
  • Net result of ownership interests was minus NOK 2m (108m)
  • Net result of financial instruments (incl. dividends) was NOK 99m (minus 22m)
  • Losses on loans and guarantees NOK 35m (NOK 22m)
  • Earnings per equity certificate (EC) NOK 3.28 (2.89)
  • Book value per EC NOK 116.39 (107.19)

SpareBank 1 SMN is a regional independent financial services group. Closeness and capability are the hallmarks of our relationship to the market. We are present across municipalities in Trøndelag, Møre og Romsdal, and Vestland.

A one-stop provider to households and firms in the fields of financing, savings and investment, insurance and payment services, we are the region's largest private contributor to business development and non-profit causes through our donation work.

We have several subsidiaries: 

  • EiendomsMegler 1 Midt-Norge
  • SpareBank 1 Finans Midt-Norge
  • SpareBank 1 Regnskapshuset SMN



As a regional bank, sustainability and social responsibility is an important focus area for us - locally, nationally and globally. 

We follow the UN principles for sustainability and our strategy for sustainability is built on our values, with responsible being the most important.