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)

Equity certificate

Ticker: MING





Financial calendar

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Moody's: Aa3





Annual report

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

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We aim to contribute to society’s value creation through responsible banking operations that instil public confidence in the entire corporation.

Investor and media contacts

Trond Søraas
Executive Director, Finance
+47 922 36 803
Rolf Jarle Brøske
Executive Vice President
+47 911 12 475
Trond Barikmo
Investor Relations
+47 934 30 399