Investor Relations

Equity certificate

Ticker: MING


Financial calendar

5 February, 3pm
4th quarter 2019:
Publishing of results

6 February, 8am
4th quarter 2019:
Presentation and webcast in Oslo

Financial calendar 2020


Moody`s: A1, outlook stable
Fitch: A-, outlook stable


Annual report

SpareBank 1 SMN intends to be a digital bank with a personal and local signature. 

Annual report 2018

Year to date: Post-tax profit of NOK 2,217

  • Pre-tax profit: NOK 2,612m (1,937m) 
  • Post-tax profit: NOK 2,217 (1,689m) 
  • Return on equity: 16.0 per cent (13.3 per cent)
  • CET1 ratio: 15.1 per cent (14.9 per cent)
  • Growth in lending: 4.8 per cent (7.3 per cent), and in deposits: 7.9 per cent (6.1 per cent) in the last 12 months
  • Growth in lending to retail borrowers: 5.8 per cent in the last 12 months (10.7 per cent). Retail lending accounts for 68 per cent (68 per cent) of overall lending 
  • Growth in lending to corporate borrowers of 2.8 per cent  in the last 12 months (0.8 per cent)
  • Losses on loans and guarantees: NOK 198m (196m), 0.16 per cent (0.17 per cent) of gross lending
  • Earnings per EC: NOK 10.54 (8.07). Book value per EC: NOK 89.36 (82.57)


SpareBank 1 SMN aims to contribute to society’s value creation through responsible banking operations that instil public confidence in the bank.

Investor and media contacts

Kjell Fordal
Executive Director, Finance
+47 905 41 672
Hans Tronstad
Head of Corporate Communications
+47 941 78 322