Investor Relations

Equity certificate

Ticker: MING


Financial calendar

26 March
Supervisory Board

27 March

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

Historic profit performance makes for high dividend payouts

  • Pre-tax profit: NOK 3,081m (2,450m)
  • Post-tax profit: NOK 2,563m (2,090m)
  • Return on equity: 13.7 per cent (12.2 per cent)
  • CET1 ratio: 17.2 per cent (14.6 per cent)
  • Growth in lending: 4.7 per cent (7.8 per cent) and in deposits: 6.6 per cent (5.4 per cent) over the last 12 months
  • Growth in lending to retail borrowers was 6.4 per cent over per cent the last 12 months (9.6 per cent), and retail loans account for 69 per cent (67 per cent) of total lending
  • Growth in lending to corporate borrowers was 1.1 per cent in the last 12 months (4.2 per cent)
  • Losses on loans and guarantees: NOK 299m (263m) or 0.18 per cent (0.17 per cent) of total lending
  • Earnings per EC: NOK 12.14 (9.97). Book value per EC: NOK 90.75 (83.87)


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