SpareBank 1 Østlandet SPOL

The company reported a profit after tax of NOK 1,653 million for the second quarter of 2026, an increase from NOK 1,784 million in the same period of 2025. The Group's return on equity for the second quarter was 26%, up from 15% in the previous quarter. The increase in profit was primarily driven by an improvement in net financial results, strong developments in capital markets, and value changes in the investment portfolio, alongside improved results from insurance services (specifically Fremtind). However, the company faces a challenging economic backdrop with high inflation, interest rates, and low activity in the construction sector.

The Group reported a profit after tax of NOK 867 million for the first quarter of 2025, an improvement from NOK 860 million in the same period last year. This growth was primarily driven by higher net interest income and commission income, despite increased operating expenses and loss costs. The Parent Bank's profit after tax was NOK 954 million, while the Group's total assets stood at NOK 211.7 billion as of 31 March 2025.

Dokumentet er en del av årsberetningen til SpareBank 1 Østlandet, en sparebank med egenkapitalbevis. Den inneholder informasjon om bankens eierpolitikk, utbyttepraksis, eiersammensetning, styringsstruktur og risikostyring.

Årsrapporten for 2024 viser et sterkt resultat for SpareBank 1 Østlandet, med et overskudd etter skatt på 3 356 millioner NOK, en betydelig økning fra 2 222 millioner NOK i 2023. Avkastningen på egenkapitalen (ROE) nådde 15,8 %, som er det høyeste nivået på 30 år og godt over selskapets mål på 13 %. Året var preget av strategiske endringer, inkludert fullføringen av fusjonen med Totens Sparebank i november 2024, etablering av kontor i Drammen, og utnevnelsen av en ny administrerende direktør. Selskapet opprettholder en solid kapitalbase med en CET1-kapitalandel på 16,8 %, som ligger over målet på 16,1 %.

For the third quarter of 2024, the Group reported a profit after tax of NOK 2,082 million, representing an improvement from NOK 1,649 million in the same quarter of the previous year. This growth was primarily driven by higher net interest income and net commissions, despite facing higher operating expenses and increased impairment losses on loans and guarantees.

The provided document is an interim financial report for a Norwegian bank (referred to as SpareBank 1 Østlandet) for the second quarter of 2024. Key highlights include a consolidated profit after tax of NOK 1,493 million for the period, a capital adequacy ratio well above the financial strength target, and a strategic shift toward a return on equity (ROE) target of at least 13%. The report also details the merger with Totens Sparebank, which received clearance from the Norwegian Competition Authority in June 2024 and is expected to complete by November 2024.

The provided document is an interim financial report for a Norwegian bank (referred to as SpareBank 1 Østlandet) for the first quarter of 2024. It details the bank's financial performance, segment information, and strategic outlook. Key highlights include a consolidated profit after tax of NOK 860 million for 1Q24, a focus on becoming Norway's best relationship bank, and a planned merger with Totens Sparebank. The report also outlines the bank's capital adequacy, risk management models (IFRS 9), and the performance of various associated companies and joint ventures.

The provided document is an excerpt from the 2023 Annual Report of a Norwegian bank (referred to as SpareBank 1 Østlandet), which is an equity capital certificate bank. The report highlights the bank's financial performance, strategic vision for 2025, and its commitment to sustainability. Key highlights include a 15.9% total return on equity capital certificates in 2023, a proposed dividend of NOK 7.80 per certificate, and a planned merger with Totens Sparebank in early 2024 to strengthen its presence in Innlandet County.

Årsrapporten for 2022 viser at SpareBank 1 Østlandet opprettholder en solid finansiell posisjon med et konsolidert overskudd etter skatt på 1 948 millioner NOK, til tross for en nedgang fra 2 022 millioner NOK i 2021. Banken rapporterer en renteinntekt på 2 693 millioner NOK, som var en betydelig økning fra året før, men dette ble delvis motvirket av høyere driftskostnader og lavere provisjonsinntekter. Banken har en solid kapitalbase med en CET1-kapitalandel på 17,7 % og en likviditetsdekning (LCR) på 164,5 %. Styret foreslår et utbytte på 6,80 NOK per kapitalertifikat, som tilsvarer ca. 60 % av overskuddet til majoritetsandelshaverne.

The report provides a financial overview of the Bank (SpareBank 1) for the fourth quarter and full year 2022. Key highlights include a parent bank profit after tax of NOK 1,982 million for 2022, with a proposed dividend of NOK 788 million. The bank reported a result from core operations of NOK 594 million for 4Q22, driven by higher net interest income despite rising operating expenses. The report also details the performance of various subsidiaries (e.g., SpareBank 1 Finans Østlandet, EiendomsMegler 1) and associated companies (e.g., SpareBank 1 Gruppen, BN Bank ASA), noting a general trend of increased interest income and fluctuating profits due to market conditions, inflation, and the impact of the war in Ukraine.

Årsrapporten for 2020 viser at SpareBank 1 Østlandet opprettholdt en solid drift til tross for pandemien, med et konsolidert overskudd etter skatt på 1 608 millioner NOK (ned fra 1 928 millioner i 2019). Banken rapporterer god kostnadskontroll, solid utlånsvekst på 7,0 % og betydelig kundevekst. Selskapet har styrket kapitaldekningen og opprettholdt god likviditet. Resultatet i fjerde kvartal var sterkt med et overskudd på 466 millioner NOK og en egenkapitalavkastning på 11,3 %.

The provided financial documents for SpareBank 1 Østlandet (Parent Bank and Group) for the period ending June 30, 2020, detail the bank's financial position, profit/loss, and capital adequacy. Key highlights include: - **Financial Performance:** The Group reported a profit after tax of NOK 704 million for the period ending June 30, 2020, compared to NOK 1,227 million for the same period in 2019. The Parent Bank's profit after tax was NOK 194 million for the first half of 2020. - **Balance Sheet:** As of June 30, 2020, the Group's total assets were NOK 147,197 million, with loans to and receivables from customers making up the largest portion (NOK 112,377 million). Total equity capital for the Group stood at NOK 16,244 million. - **Capital Adequacy:** The Group's CET1 capital ratio was 21.2% as of June 30, 2020, well above the regulatory requirements (which included a 12.8% minimum requirement plus buffers). The bank also maintained a leverage ratio of 7.2%. - **Loan Portfolio & Risk:** The bank manages a significant loan portfolio, with a focus on retail and corporate markets. Due to the coronavirus crisis, the bank implemented a discretionary assessment to migrate a proportion of customers in exposed industries from Stage 1 to Stage 2, resulting in extra loan loss impairments of NOK 55 million at the group level. - **Segment Information:** The Group operates across several segments, including Retail Market, Corporate Market, and SpareBank 1 Finans Østlandet. The Retail Market and Corporate Market are the primary drivers of net interest income and operating profit.

En primærinnsider (kredittsjef BM) i SpareBank 1 Østlandet har kjøpt 1.000 egenkapitalbevis til kurs 70,40, og eier nå totalt 8.110 bevis. Dette er en rutinemessig innsidehandel av begrenset størrelse.

The provided document contains the quarterly financial statements for a bank (referred to as SpareBank 1 Østlandet) for the period ending September 30, 2019. Key highlights include: - **Equity Capital:** As of September 30, 2019, the Group's total equity capital was NOK 15,782 million, an increase from NOK 13,773 million as of September 30, 2018. - **Profitability:** The Group reported a profit after tax of NOK 1,637 million for the period ending September 30, 2019. - **Capital Adequacy:** The Group's Common Equity Tier 1 (CET1) capital ratio was 16.8% as of September 30, 2019, against a long-term target of 16%. The Capital Adequacy Ratio stood at 19.6%. - **Loan Portfolio:** Total gross loans to customers reached NOK 104,037 million as of September 30, 2019. The report provides a detailed breakdown of loans by sector (e.g., Retail, Corporate) and by credit risk stage (Stage 1, 2, and 3). - **Cash Flow:** The net change in cash and cash equivalents for the period ending September 30, 2019, was a decrease of NOK 432 million, resulting in a closing balance of NOK 1,526 million. - **Accounting Changes:** The Group implemented IFRS 16 Leases starting January 1, 2019, and applied the modified retrospective method for transition. - **Dividends:** The Bank paid NOK 222 million in customer dividends in April 2019, which was treated as an equity transaction.

The provided text contains financial notes and segment information for a banking group (likely SpareBank 1) for the periods ending 30.06.2018, 31.12.2018, and 30.06.2019. Key highlights include: - **Corporate Changes:** The group underwent several structural changes, including the establishment of a holding company (VIT AS), name changes for subsidiaries (SpareBank 1 Regnskaphuset to TheVIT; Proaware AS to Betr AS), and a stake increase in SpareBank 1 Kredittkort AS to 20.5%. - **Segment Performance:** The group reports on Retail Market (RM), Corporate Market (CM), Real Estate Brokerage, Leasing, Accounting/Consulting, and Other Operations. As of 30.06.2019, the Retail banking segment reported a profit after tax of 299 million, while the Corporate banking segment reported 287 million. - **Capital Adequacy:** The Group's long-term capital target for the Common Equity Tier 1 (CET1) ratio is 16%. As of 30.06.2019, the CET1 capital ratio was 21.5% for the Parent Bank and 16.8% for the Group. - **Loan Portfolio:** The group manages a significant loan portfolio, with gross lending to customers totaling 101,668 million as of 30.06.2019. The report details the transition of loans between Stage 1, 2, and 3 based on credit risk. - **Liquidity and Risk:** The bank maintains a conservative risk profile with a Liquidity Coverage Ratio (LCR) of 170.7% as of 30.06.2019. It also provides detailed breakdowns of financial derivatives and assets held at fair value (Level 1, 2, and 3).

Årsrapporten for 2018 viser en solid finansiell prestasjon for SpareBank 1 Østlandet etter det første fulle året som en sammenslått bank. Banken rapporterte et overskudd etter skatt på 1 414 millioner NOK, en økning fra 1 263 millioner NOK i 2017. Resultatet er preget av økt kundebase, sterk vekst i utlån og forbedret lønnsomhet. Banken har en tydelig strategi for bærekraft, inkludert lansering av 'Grønne boliglån' og etablering av rammeverk for ansvarlig utlån og klimarisiko. Likviditetsdekningen (LCR) ble betydelig styrket fra 114,0 % til 152,8 %.

SpareBank1 Østlandet (referred to as SpareBank 1 Østlandet in the text) is actively integrating climate risk and sustainability into its core banking operations. The bank identifies climate risk primarily through its corporate lending, specifically in the agriculture and real estate sectors. To address this, they have initiated a research partnership with the Cicero Center for Climate Research to develop a world-leading methodology for assessing climate risk in financial products. The bank's strategy includes offering green products (like green mortgages and bonds), implementing strict ESG requirements for fund distributors, and practicing responsible ownership of its portfolio. They also track their own environmental impact through an annual climate account based on the GHG Protocol.

En primærinnsider (konserncontroller) har kjøpt 1.500 egenkapitalbevis til kurs NOK 85,40, og eier nå totalt 3.102 bevis. Dette er en rutinemessig meldepliktig innsidehandel av begrenset størrelse.

The provided text contains financial notes for a bank (likely SpareBank 1) for the years 2017 and 2018. Key highlights include: - **Customer Dividends:** The bank paid NOK 202 million in dividends to loan and deposit customers in April 2018. These are treated as equity transactions and provided a tax deduction of NOK 51 million. - **Group Composition:** Several structural changes occurred in 2018, including share reallocations in subsidiaries (Boligkreditt, Næringskreditt, Kredittkort), the establishment of a holding company (VIT AS), and the sale of a property company (Torggata 22). - **Segment Information:** The bank operates across Retail Banking, Corporate Banking, Property, Financing, and Accounting. Retail banking remains a primary driver of net interest income. - **Capital Adequacy:** The bank follows Basel III rules. As of 31.12.2018, the Common Equity Tier 1 (CET1) capital ratio was 22.4% (Parent Bank) and 23.0% (Group), well above the 16% long-term target. - **Loan Portfolio:** The bank manages a significant portfolio of gross loans (NOK 90,461 million for the Group at year-end 2018), categorized by credit risk stages (Stage 1, 2, and 3) and industry sectors (e.g., Real Estate, Private Customers, and Corporates).

Banken planlegger en privatplassering av egenkapitalbevis på inntil 700 MNOK for å styrke CET1-kapitalen og støtte videre vekst. Sparebankstiftelsen Hedmark (60%) og LO (ca. 15%) har forhåndsforpliktet seg, og ledelsen deltar også. Det planlegges en etterfølgende emisjon, LO-reparasjonsemisjon og ansattemisjon på inntil 200 MNOK samlet, med utvanning for eksisterende eiere som ikke deltar.

This quarterly report for the period ending September 30, 2018, outlines the Group's financial position, accounting policy changes, and segment performance. Key highlights include the implementation of IFRS 9 and IFRS 15 starting January 1, 2018, and significant structural changes such as the establishment of SpareBank 1 Østlandet VIT AS and the merger of Sparebanken Hedmark and Bank 1 Oslo Akershus AS. The report provides detailed segment information for retail and corporate banking, capital adequacy ratios (with a CET1 ratio of 21.7% as of 30.09.2018), and a breakdown of loan portfolios and financial derivatives.

The provided text contains excerpts from the 2018 interim financial report of a banking group (referred to as SpareBank 1 Østlandet). It covers changes in group composition, segment information, capital adequacy, loan portfolios, and financial instrument valuations. Key highlights include the establishment of a joint holding company (SpareBank 1 Østlandet VIT AS) in May 2018, the merger of Sparebanken Hedmark and Bank 1 Oslo Akershus AS in 2017, and detailed tables showing segment performance (Retail and Corporate banking), risk-weighted assets, and credit loss provisions (ECL) under the IRB approach.

The provided financial documents for SpareBank 1 (covering the period 2017 to Q1 2018) detail the bank's segment performance, capital adequacy, loan portfolio, and fair value measurements. Key highlights include a total asset base of 108,321 million NOK (as of 31.12.2017), a CET1 capital ratio of 16.2% for the Group, and a detailed breakdown of risk-weighted assets and credit loss allowances.

Årsrapporten for 2017 viser et solid resultat for SpareBank 1 Østlandet etter en vellykket fusjon med Bank 1 Oslo Akershus AS. Banken rapporterte et overskudd etter skatt på NOK 1 263 millioner (2016: 1 100 millioner) og en avkastning på egenkapital (ROE) på 10,2 %. For første gang vil banken utbetale utbytte til både aksjonærer (NOK 3,96 per sertifikat) og kunder (totalt NOK 204 millioner). Banken har oppnådd betydelig vekst i netto renteinntekter og driftsinntekter, delvis drevet av økt utlånsvolum og synergier fra fusjonen. Likviditeten anses som lav risiko, og banken opprettholder en solid kjernekapitaldekning på 16,8 %.

The provided document contains the quarterly accounts for Sparebanken Hedmark for the period 01.01 - 30.09.2017. Key highlights include: - **Financial Performance:** The Group reported a profit/loss per segment after tax of 926 million NOK for the period ending 30.09.2017. Retail banking was the largest contributor with a profit of 535 million NOK. - **Capital Adequacy:** As of 30.09.2017, the Group's Common Equity Tier 1 (CET1) capital ratio was 16.9%, meeting its long-term target of 16%. The total capital adequacy ratio stood at 20.3%. - **Liquidity and Assets:** Total assets per segment reached 106,312 million NOK. Cash and cash equivalents at the end of the period were 956 million NOK for the Parent bank and 1,063 million NOK for the Group. - **Corporate Changes:** The Group underwent significant structural changes, including the merger of Sparebanken Hedmark and Bank 1 Oslo Akershus (B1OA) operations effective 01.04.2017, and the acquisition of 100% ownership of B1OA in 2016. - **Loan Portfolio:** Total loans to customers (including those transferred to covered bond companies) amounted to 119,573 million NOK as of 30.09.2017.

The provided document contains the interim financial statements for Sparebanken Hedmark for the period ending June 30, 2017. Key highlights include: - **Financial Performance:** The Group reported a profit after tax of 548 million NOK for the period. Segment information shows that Retail Banking was the most profitable segment, with a profit after tax of 323 million NOK. - **Cash Flow:** The Group's cash flow from operations was -762 million NOK for the period. Cash and cash equivalents at the end of the period stood at 1,745 million NOK for the Parent bank and 1,082 million NOK for the Group. - **Capital Adequacy:** The Group's Common Equity Tier 1 (CET1) capital ratio was 16.7% as of June 30, 2017, against a long-term target of 16%. The total capital adequacy ratio was 20.3%. - **Asset Portfolio:** Gross lending to customers reached 87,528 million NOK. The bank manages a diverse portfolio including private customers, public sector, and various industries (e.g., real estate, wholesale, and retail trade). - **Corporate Changes:** On January 17, 2017, Sparebanken Hedmark became the 100% owner of Youngstorget 5 AS following a spin-off from Bank 1 Oslo Akershus AS (B1OA). Additionally, Sparebanken Hedmark and Bank 1 Oslo Akershus merged operations effective April 1, 2017.

Sparebanken Hedmark presenterer et solid resultat for 2016 med et overskudd etter skatt på 1,1 milliarder NOK, en betydelig økning fra året før. Banken har gjennomført en stor strategisk fusjon ved å bli 100 % eier av Bank 1 Oslo Akershus AS, noe som gjør dem til landets fjerde største sparebank. Rapporten fremhever god vekst i utlån og innskudd, samt en forbedret kredittkvalitet. Banken planlegger børsnotering av aksjekapital i 2017 og har lansert et nytt konsept med utbytte til kunder. Moody's har oppgradert bankens rating til A1 med stabil utsikt.

Sparebanken Hedmark rapporterte et rekordresultat for 2016 med et overskudd etter skatt på 1,1 milliarder NOK og en egenkapitalavkastning på 10,5 %. Året var preget av oppkjøpet av Bank 1 Oslo Akershus AS, som gjør banken til landets fjerde største sparebank. Gruppen planlegger en full juridisk fusjon i april 2017 og en teknisk fusjon i oktober 2017, med mål om å oppnå synergier på minst 75 millioner NOK. Banken har også fått godkjent å utbetale kundeutbytte fra 2017 og planlegger børsnotering av egenkapitalsertifikater i løpet av året.

Styret i Sparebanken Hedmark har formelt godkjent og vedtatt de endelige resultatene for 2016. Dokumentet bekrefter de foreløpige resultatene som ble publisert 2. februar 2017.

The provided financial documents for Sparebanken Hedmark for the year ending December 31, 2016, detail the bank's operational results, capital adequacy, and segment performance. Key highlights include a total net profit of 1,100 million NOK for 2016, a significant increase in total assets to 101,640 million NOK (up from 55,970 million NOK in 2015), and a Common Equity Tier 1 capital ratio of 16.9%. The bank saw substantial growth in lending to customers, particularly in the corporate and real estate sectors, and maintained a stable deposit-to-loan ratio of 76.0%. The reports also note the acquisition of 100% ownership of Bank 1 Oslo Akershus in June 2016 and the transition of certain pension schemes.