About us

First quarter 2024

  • Pre-tax profit NOK 1,353m (946m)
  • Net profit NOK 1,084m (778m)
  • Return on equity 16.0% (13.0%)
  • CET1 ratio 18.5% (18.2%)
  • Growth in lending 0.8% (1.3%) and in deposits 1.1% (1.2%)
  • The net result of ownership interests was NOK 194m (125m)
  • The net result of financial instruments (incl. dividends) was NOK 87m (minus 97m)
  • Losses on loans and guarantees: NOK 24m (minus 71m)
  • Earnings per equity certificate (EC): NOK 4.68 (3.51)
  • Book value per EC was NOK 113.24 (105.63) and the price of the bank’s EC (MING) was NOK 137.80 (123.60)

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. 

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