Investor Relations
SpareBank 1 SR-Bank is the second largest Norwegian owned bank. We are part of the SpareBank 1-alliance, a nationwide cooperation between independent savings banks.
SpareBank 1 SR-Bank and SpareBank 1 Sørøst-Norge are merging
October 26th a joint press conference was held to announce that the two banks together will be forming SpareBank 1 Sør-Norge.
The press conference was led by CEO of SpareBank 1 SR-Bank, Benedicte Schilbred Fasmer, and CEO of SpareBank 1 Sørøst-Norge, Per Halvorsen. They were joined by Finn Haugan, chair of board at SpareBank 1 Sørøst-Norge and Dag Mejdell, chair of board at SpareBank 1 SR-Bank.
You will find the recorded press conference in the Webcast to the left.
Presentation of third quarter 2023 accounts
Key figures third quarter 2023
- Operating profit before tax: NOK 1.396 million (NOK 1,044 million)
- Return on equity: 14,5% (12.4%)
- Net interest income: NOK 1.596 million (NOK 1,115 million)
- Operating costs: NOK 786 million (NOK 677 million)
- Total lending growth over past 12 months: 8,6% (9.4%)
- Common Equity Tier 1 capital ratio: 17,9% (17.8%)
Q3 2022 in brackets
Covered bonds
SR-Boligkreditt AS was established in March 2015. It is a wholly owned special bank subsidiary of SpareBank 1 SR-Bank. Its objective is to purchase mortgages from the owner and to finance these by issuing covered bonds.
Annual report 2022
- Pre-tax profit: NOK 4,211 million (3,838)
- Return on equity: 12,6 % (12,6)
- Cost/income ratio: 40,1 % (40,2)
- Common Equity Tier 1 capital ratio: 17,4 % (17,4)
- Earnings per share: NOK 12,88 (12,08)
- Dividend per share: NOK 7,00 (6,00)
Sustainability
We will create value and profitability and concurrently consider climate, environment and social conditions. Stopping climate change and contributing to the transition to a more sustainable business community will have a special focus for the SpareBank 1 SR-Bank group in the future.
Sustainability in SpareBank 1 SR-Bank (pdf)
