1st quarter 2021

• Pre-tax profit: NOK 901m (357m)
• Post-tax profit: NOK 768m (290m)
• Return on equity: 14.8% (5.7%)
• CET1 ratio: 18.0% (16.3%)
• Growth in lending: 8.5% (6.0%) and in deposits: 16.2% (8.7%). Growth in lending in the first quarter was 1.4% (1.8%) and in deposits 5.0% (2.6%)
• Growth in lending to personal customers rose by 0.8% in the quarter (1.7%), 0.8 percentage point lower growth than in the fourth quarter. Growth in lending to corporate clients rose by 2.6% (1.9%) which was 0.1 percentage point higher than in the fourth quarter
• Net result of ownership interests: NOK 128m (217m, including an insurance gain of NOK 340m)
• Excellent profit of NOK 125m at SpareBank 1 Markets (minus 14m).
• Net result of financial instruments: NOK 158m (loss of 124m)
• Losses on loans and guarantees: NOK 59m (308m)
• Earnings per equity certificate (EC): NOK 3.40 (1.26). Book value per EC: NOK 96.70 (86.85)