1. Quarter 2025

Group financial highlights and key figures

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Result
_{(Amounts in NOK million and in % of average assets)}		31.03.25	%	31.03.24	%	31.12.24	%
Net interest income	5	1 007	2,93 %	986	3,04 %	4 028	3,03 %
Net fee- and other operating income		346	1,01 %	320	0,99 %	1 541	1,16 %
Net income from financial investments		204	0,59 %	119	0,37 %	1 056	0,80 %
Total income	5	1 557	4,53 %	1 425	4,39 %	6 625	4,99 %
Total costs	5	492	1,43 %	473	1,46 %	2 003	1,51 %
Result before losses		1 065	3,10 %	952	2,93 %	4 622	3,48 %
Losses	5	57	0,17 %	36	0,11 %	110	0,08 %
Result before tax		1 008	2,94 %	916	2,82 %	4 512	3,40 %
Tax		197	0,57 %	202	0,62 %	849	0,64 %
Result after tax	5	811	2,33 %	714	2,17 %	3 663	2,74 %
Interest hybrid capital	5	27		24		100
Result after tax ex. interest hybrid capital	5	784		690		3 563
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Profitability
Return on equity capital	1, 5	17,2 %		17,8 %		21,8 %
Interest margin	2, 5	2,93 %		3,04 %		3,03 %
Cost/income	3, 5	31,6 %		33,2 %		30,2 %
Balance sheet figures and liquidity		31.03.25		31.03.24		31.12.24
Total assets		139 030		131 562		135 673
Average assets	4, 5	137 352		129 850		132 721
Gross loans	5	106 622		101 250		105 048
Gross loans incl. commition loans	5	154 513		146 788		152 965
Deposits	5	89 548		86 233		88 379
Liquidity Coverage Ratio (LCR)		150		150		147
Solidity
Common Equity Tier 1 Capital		16,3 %		16,6 %		16,8 %
Tier 1 Capital Ratio		18,2 %		18,3 %		18,8 %
Total Capital Ratio		20,7 %		20,9 %		21,3 %
Common Equity Tier 1 Capital		14 015		13 283		14 054
Tier 1 Capital		15 689		14 689		15 728
Own Funds		17 789		16 716		17 829
Total risk exposure amount		86 039		80 148		83 678
Leverage Ratio		7,7 %		7,5 %		7,8 %
NONG Key figures
NONG Quoted/market price (NOK)		142,18		95,80		123,48
Number of EC issued (mill)		100,40		100,40		100,40
Equity capital per EC (NOK)		84,98		68,58		81,33
Result per EC (NOK)		3,57		3,14		16,30
P/E (Price/Earnings per EC) NOK		9,95		7,62		7,58
P/B (Price/Book Value per EC) NOK		1,67		1,40		1,52
Branches and full-time employees
Branches		15		15		15
Group manyears		987		960		986
Parent bank manyears		557		526		541

^{1 The profit after tax in relation to average equity, calculated as a quarterly average of equity and at 01.01. The Bank's hybrid 1 capital
issued are classified as equity in the financial statements. However, when calculating the return on equity, hybrid tier 1 capital are
decucted from equity, and result after tax are adjusted for interests on hybrid tier 1 capital.
2 Net total interests as a percentage of average total assets.
3 Total costs as a percentage of total net income.
4 Average assets are calculated as average assets each quarter and at 01.01.
5 Defined as alternative performance measures, see attachment to the Quarterly report}