SpareBank 1 SMN MING

What the company says it expects, and how often it has delivered on it.

Guidance in the latest report

• target is a cost-income ratio below 40 per cent in the parent bank and below 85 per cent in the subsidiaries EiendomsMegler 1 Midt-Norge and SpareBank 1 Regnskapshuset SMN (future)
  “The Group’s target is a cost-income ratio below 40 per cent in the parent bank and below 85 per cent in the subsidiaries EiendomsMegler 1 Midt-Norge and SpareBank 1 Regnskapshuset SMN.” (p. 9)
• overarching financial target of delivering a return on equity in excess of 13 per cent over time (future)
  “The Group’s overarching financial target of delivering a return on equity in excess of 13 per cent over time remains unchanged.” (p. 13)
• long-term target of 15.9 per cent (future)
  “the CET1 ratio stood at 17.0 per cent, compared to a long-term target of 15.9 per cent.” (p. 13)
• target of replacing only 50 per cent of employees who leave the organisation (future)
  “The Bank has a target of replacing only 50 per cent of employees who leave the organisation.” (p. 9)

Guidance only counts when it names a year or quarter and a figure the reports show: revenue, operating profit, margins, EPS and bank and insurance ratios. Read by an AI model and can be wrong. Not investment advice.