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)
Read the full report here
Watch a presentation of the results here

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

 

Sustainability

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. 

Read more about how we work with sustainability