Quarterly Report 3Q25

Group financial highlights and key figures

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Result
_{(Amounts in NOK million and in % of average assets)}		30.09.25	%	30.09.24	%	31.12.24	%
Net interest income	5	3 026	2,87 %	3 001	3,03 %	4 028	3,03 %
Net fee- and other operating income		1 080	1,02 %	1 023	1,03 %	1 541	1,16 %
Net income from financial investments		739	0,70 %	910	0,92 %	1 056	0,80 %
Total income	5	4 845	4,59 %	4 934	4,98 %	6 625	4,99 %
Total costs	5	1 526	1,45 %	1 407	1,42 %	2 003	1,51 %
Result before losses		3 319	3,15 %	3 527	3,56 %	4 622	3,48 %
Losses	5	23	0,02 %	86	0,09 %	110	0,08 %
Result before tax		3 296	3,13 %	3 441	3,48 %	4 512	3,40 %
Tax		631	0,60 %	630	0,64 %	849	0,64 %
Result after tax	5	2 665	2,50 %	2 811	2,81 %	3 663	2,74 %
Interest hybrid capital	5	83		73		100
Result after tax ex. interest hybrid capital	5	2 582		2 738		3 563
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Profitability
Return on equity capital	1, 5	18,9 %		22,9 %		21,8 %
Interest margin	2, 5	2,87 %		3,03 %		3,03 %
Cost/income	3, 5	31,5 %		28,5 %		30,2 %
Balance sheet figures and liquidity		30.09.25		30.09.24		31.12.24
Total assets		143 587		135 207		135 673
Average assets	4, 5	140 604		131 984		132 721
Gross loans	5	110 235		105 385		105 048
Gross loans incl. commition loans	5	160 294		151 014		152 965
Deposits	5	93 617		87 496		88 379
Liquidity Coverage Ratio (LCR)		146		146		147
Solidity
Common Equity Tier 1 Capital		16,2 %		15,7 %		16,8 %
Tier 1 Capital Ratio		18,1 %		17,4 %		18,8 %
Total Capital Ratio		20,6 %		19,9 %		21,3 %
Common Equity Tier 1 Capital		14 680		13 000		14 054
Tier 1 Capital		16 322		14 405		15 728
Own Funds		18 624		16 525		17 829
Total risk exposure amount		90 387		82 970		83 678
Leverage Ratio		7,4 %		7,2 %		7,8 %
NONG Key figures
NONG Quoted/market price (NOK)		140,60		108,26		123,48
Number of EC issued (mill)		100,40		100,40		100,40
Equity capital per EC (NOK)		84,59		77,70		81,33
Result per EC (NOK)		11,77		12,51		16,30
P/E (Price/Earnings per EC) NOK		8,96		6,49		7,58
P/B (Price/Book Value per EC) NOK		1,66		1,39		1,52
Branches and full-time employees
Branches		15		15		15
Group manyears		981		978		986
Parent bank manyears		550		537		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}