2. Quarter 2025

Group financial highlights and key figures

‎ ‎ ‎ ‎
Result
_{(Amounts in NOK million and in % of average assets)}		30.06.25	%	30.06.24	%	31.12.24	%
Net interest income	5	2 010	2,88 %	1 981	3,03 %	4 028	3,03 %
Net fee- and other operating income		716	1,03 %	671	1,03 %	1 541	1,16 %
Net income from financial investments		502	0,72 %	221	0,34 %	1 056	0,80 %
Total income	5	3 228	4,62 %	2 873	4,39 %	6 625	4,99 %
Total costs	5	1 023	1,47 %	933	1,43 %	2 003	1,51 %
Result before losses		2 205	3,16 %	1 940	2,96 %	4 622	3,48 %
Losses	5	27	0,04 %	51	0,08 %	110	0,08 %
Result before tax		2 178	3,12 %	1 889	2,89 %	4 512	3,40 %
Tax		416	0,60 %	422	0,64 %	849	0,64 %
Result after tax	5	1 762	2,49 %	1 467	2,21 %	3 663	2,74 %
Interest hybrid capital	5	55		47		100
Result after tax ex. interest hybrid capital	5	1 707		1 420		3 563
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Profitability
Return on equity capital	1, 5	18,9 %		18,2 %		21,8 %
Interest margin	2, 5	2,88 %		3,03 %		3,03 %
Cost/income	3, 5	31,7 %		32,5 %		30,2 %
Balance sheet figures and liquidity		30.06.25		30.06.24		31.12.24
Total assets		144 127		133 027		135 673
Average assets	4, 5	139 610		130 909		132 721
Gross loans	5	109 238		103 498		105 048
Gross loans incl. commition loans	5	157 039		148 825		152 965
Deposits	5	96 503		89 660		88 379
Liquidity Coverage Ratio (LCR)		142		148		147
Solidity
Common Equity Tier 1 Capital		16,2 %		16,4 %		16,8 %
Tier 1 Capital Ratio		18,1 %		18,1 %		18,8 %
Total Capital Ratio		20,6 %		20,7 %		21,3 %
Common Equity Tier 1 Capital		13 822		13 257		14 054
Tier 1 Capital		15 499		14 663		15 728
Own Funds		17 604		16 763		17 829
Total risk exposure amount		85 402		80 888		83 678
Leverage Ratio		7,0 %		7,5 %		7,8 %
NONG Key figures
NONG Quoted/market price (NOK)		147,08		99,14		123,48
Number of EC issued (mill)		100,40		100,40		100,40
Equity capital per EC (NOK)		80,43		71,77		81,33
Result per EC (NOK)		7,78		6,46		16,30
P/E (Price/Earnings per EC) NOK		9,46		7,67		7,58
P/B (Price/Book Value per EC) NOK		1,83		1,38		1,52
Branches and full-time employees
Branches		15		15		15
Group manyears		973		970		986
Parent bank manyears		548		530		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}