Group financial highlights and key figures
| (Amounts in NOK million and in % of average assets) | 30.06.24 | % | 30.06.23 | % | 31.12.23 | % | |
|---|---|---|---|---|---|---|---|
| Net interest income | 5 | 1 981 | 3,03 % | 1 675 | 2,65 % | 3 627 | 2,85 % |
| Net fee- and other operating income | 715 | 1,09 % | 647 | 1,02 % | 1 487 | 1,17 % | |
| Net income from financial investments | 221 | 0,34 % | 143 | 0,23 % | 183 | 0,14 % | |
| Total income | 5 | 2 917 | 4,46 % | 2 465 | 3,90 % | 5 297 | 4,17 % |
| Total costs | 5 | 977 | 1,49 % | 851 | 1,35 % | 1 908 | 1,50 % |
| Result before losses | 1 940 | 2,96 % | 1 614 | 2,56 % | 3 389 | 2,67 % | |
| Losses | 5 | 51 | 0,08 % | - 27 | -0,04 % | 116 | 0,09 % |
| Result before tax | 1 889 | 2,89 % | 1 641 | 2,60 % | 3 273 | 2,57 % | |
| Tax | 422 | 0,64 % | 361 | 0,57 % | 725 | 0,57 % | |
| Result after tax | 5 | 1 467 | 2,21 % | 1 280 | 2,00 % | 2 548 | 1,98 % |
| Interest hybrid capital | 5 | 47 | 24 | 60 | |||
| Result after tax ex. interest hybrid capital | 5 | 1 420 | 1 256 | 2 488 | |||
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| Profitability | |||||||
| Return on equity capital | 1, 5 | 18,2 % | 16,9 % | 16,4 % | |||
| Interest margin | 2, 5 | 3,03 % | 2,65 % | 2,85 % | |||
| Cost/income | 3, 5 | 33,5 % | 34,5 % | 36,0 % | |||
| Balance sheet figures and liquidity | 30.06.24 | 30.06.23 | 31.12.23 | ||||
| Total assets | 133 027 | 129 838 | 128 138 | ||||
| Average assets | 4, 5 | 130 909 | 126 302 | 127 155 | |||
| Gross loans | 5 | 103 498 | 101 557 | 101 093 | |||
| Gross loans incl. commition loans | 5 | 148 825 | 141 905 | 145 742 | |||
| Deposits | 5 | 89 660 | 85 952 | 83 659 | |||
| Liquidity Coverage Ratio (LCR) | 148 | 149 | 150 | ||||
| Solidity | |||||||
| Common Equity Tier 1 Capital Ratio excl. sesult | 16,4 % | 16,7 % | 17,1 % | ||||
| Common Equity Tier 1 Capital incl. result | 17,3 % | 17,5 % | 17,1 % | ||||
| Tier 1 Capital Ratio - incl. result | 19,0 % | 18,7 % | 18,9 % | ||||
| Total Capital Ratio incl. result | 21,6 % | 20,4 % | 21,4 % | ||||
| Common Equity Tier 1 Capital incl. result | 13 981 | 13 187 | 13 466 | ||||
| Tier 1 Capital | 15 386 | 14 135 | 14 847 | ||||
| Own Funds | 17 486 | 15 366 | 16 824 | ||||
| Total risk exposure amount | 80 888 | 75 407 | 78 527 | ||||
| Leverage Ratio excl. result | 7,5 % | 7,2 % | 7,9 % | ||||
| Leverage Ratio incl. result | 7,8 % | 7,6 % | 7,9 % | ||||
| NONG Key figures | |||||||
| NONG Quoted/market price (NOK) | 99,14 | 97,10 | 103,20 | ||||
| Number of EC issued (mill) | 100,40 | 100,40 | 100,40 | ||||
| Equity capital per EC (NOK) | 71,77 | 67,24 | 72,47 | ||||
| Result per EC (NOK) | 6,46 | 5,71 | 11,36 | ||||
| P/E (Price/Earnings per EC) NOK | 7,67 | 8,51 | 9,08 | ||||
| P/B (Price/Book Value per EC) NOK | 1,38 | 1,44 | 1,42 | ||||
| Branches and full-time employees | |||||||
| Branches | 15 | 15 | 15 | ||||
| Group manyears | 970 | 948 | 956 | ||||
| Parent bank manyears | 530 | 527 | 521 |
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