Sparebanken Norge SBNOR

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

Guidance in the latest report

• target for return on equity after tax of 13 % (not specified)
  “The Board has set a target for return on equity after tax of 13 %” (p. 24)
• relative target of being among the top three savings banks (not specified)
  “as well as a relative target of being among the top three savings banks.” (p. 24)
• target for Return on Equity, adjusted for merger effects, of 15 % (not specified)
  “Furthermore, the Board has established a target for Return on Equity, adjusted for merger effects, of 15 %” (p. 24)
• relative ambition of being among the top two savings banks on this metric (not specified)
  “along with a relative ambition of being among the top two savings banks on this metric.” (p. 24)
• target for the cost/income ratio at Group level, excluding merger-related costs, of below 30 % (not specified)
  “In addition, the Board has set a target for the cost/income ratio at Group level, excluding merger-related costs, of below 30 %.” (p. 24)
• target payout ratio is approximately 50 % (not specified)
  “The target payout ratio is approximately 50 %.” (p. 24)
• target for CET1 ratio is 1.0 percentage points above the sum of all minimum and buffer requirements. This corresponds to 15.9 % based on current regulatory requirements. (not specified)
  “The target for CET1 ratio is 1.0 percentage points above the sum of all minimum and buffer requirements. This corresponds to 15.9 % based on current regulatory requirements.” (p. 24)
• operating cost synergies are expected to have full effect by the end of 2027 (2027)
  “The operating cost synergies are expected to have full effect by the end of 2027” (p. 24)
• capital synergies are expected to be fully phased in by the end of 2028 (2028)
  “while the capital synergies are expected to be fully phased in by the end of 2028.” (p. 24)
• bank’s ambition is to keep integration costs below NOK 380 million (not specified)
  “The bank’s ambition is to keep integration costs below NOK 380 million” (p. 24)
• 2026 growth ambitions for the retail and corporate markets are 6 % and 8 % on loans (2026)
  “The 2026 growth ambitions for the retail and corporate markets are 6 % and 8 % on loans” (p. 24)
• 5 % for deposits (both markets) (2026)
  “and 5 % for deposits (both markets)” (p. 24)
• target for the Bulder concept is NOK 86 billion at the end of 2026 (2026)
  “The target for the Bulder concept is NOK 86 billion at the end of 2026.” (p. 24)
• target for Brage Finans AS is above 12 % portfolio growth in 2026 (2026)
  “The target for Brage Finans AS is above 12 % portfolio growth in 2026.” (p. 24)

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.