Rogaland Sparebank · OSL:ROGS
Rogaland Sparebank — Sandnes Sparebank — Investor Day (November 2021)
80 slides from Rogaland Sparebank's investor day presentation, November 2021
Slide 1: Capital Markets Day November 2021
Capital Markets Day November 2021
Slide 2: Content
Content: Status & Strategy Key Figures Credit Quality and Solidity Local macro Liquidity
Slide 3: Den Gule Banken Sandnes Sparebank
\Den Gule Banken | \ Sandnes Sparebank Photo: Kenneth McDow
Slide 4: Sandnes Sparebank changes its name
Sandnes Sparebank skifter —_ttarsiaes navn - Det er en profilendring og vi vil bruke Den Gule Banken aktivt. Dette er forste gang vi endrer pa profilen pa 21 ér, sier hun - Samtidig er det viktig 4 papeke at det juridiske navnet fortsatt er Sandnes Sparebank. Vart hovedsete er Sandnes, det vil det a
Slide 5: What Sandnes profiles think about the name change
Dette tenker Sandnes- profilene om navneendringen til Sandnes Sparebank Stanley Wirak (Ap) (Ordforer i Sondnes) - Na er jo ikke min jobb & ha s4 mye meninger om slike ting. Jeg ser at de fortsatt har Sandnes med i logoen, i hvert fall den som ble vist i gar. Det er kjekt at Sandnes har en egen bank,
Slide 6: Sandnes Sparebank has made an exciting choice
Not translated - Sandnes Sparebank har tatt et spennende valg som faktisk skiller de ut i en mengde av banknavn som er ganske generisk og kjedelige. - Kanskje dette er genialt? - Kommer vi til å se flere som går i "Den gule bankens fotspor"? - Tror flere kommer til lå vurdere det for å vise et størr
Slide 7: Sandnes Sparebank continues the good trend
Sandnes Sparebank continues the good trend ROE YTD Summary: 280 12,0 % • Profit after tax MNOK 209 (204) 230 9,8 % 9,5 % 9,5 % 10,0 % • Return on equity after tax 9.5% (9.5%) 8,9 % 8,0 % 210 209 • EPS NOK 6.4 (6.2) 180 204 8,0 % 183 159 • Lending growth 4.1 % (4.8 %) 130 6,0 % • Net interest margin1
Slide 8: Best in class on good and personal customer experiences
Best in class on good and personal customer experiences Employees Customers Reputation Return on Equity Sustainabili Technology and ty strategic collaboration Profitable growth Regulatory Framework
Slide 9: Strategic priorities: employees, customers, reputation, ROE
We must have, take care of and be relevant to the most committed, competent and performance- oriented team players We will differentiate We will be aware and work to ourselves from our further develop and strengthen competitors by offering the the bank's reputation towards best customer experiences
Slide 10: Sustainability in Sandnes Sparebank
Sustainability in Sandnes Sparebank Retail Corporate The Bank CSR • Green transition loans • System support • Ambitious reduction • Dedicated 10% for green 2021 - mål • Growth in green • Energy labelling of CRE targets purposes lending • Competence • Follow-up of suppliers • The Sustainability • Com
Slide 11: Team Yellow
Team Yellow
Slide 12: Employee Satisfaction
Siste resultater Employee MEI - Stein October 2021 Satisfaction, 88
Slide 13: Total costs increased by 1.6% per year
Total costs increased by 1.6% per year in the period against an annual inflation growth of 2.1% 400 CAGR +1.6% 350 300 286 269 261 269 269 • Growth while costs are reduced • 250 Proper competence 200 • Digitization and process simplification 150 • Culture - continuous focus on working 10% 100 smarte
Slide 14: Converting in April 2023
Converting in April 2023 Teknologi, konvertering
Slide 15: Slide 15
Slide 16: Lending growth above market growth
Last 12 months, lending growth PM above market growth 0,08 7,5 % 7,4 % 0,07 6,9 % 6,7 % 6,7 % 6,4 % 0,06 6,2 % 5,7 % 0,05 5,3 % 5,0 % 4,5 % 0,04 4,1 % 3,9 % 3,9 % 3,7 % 3,7 % 3,6 % 3,5 % 3,4 % 3,1 % 3,2 % 0,03 2,9 % 2,9 % 3,0 % 2,8 % 2,7 % 2,7 % 2,8 % 2,4 % 0,02 1,3 % 0,01 Gross retail lending Banke
Slide 17: Customer Experience Index - Retail
Development in Customer Experience Index - Retail 83 81 82 78 79 78 76 71 70 70 69 67 62 63 60 60 58 58 52 Q1-2017 Q2-2017 Q3-2017 Q4-2017 Q1-2018 Q2-2018 Q3-2018 Q4-2018 Q1-2019 Q2-2019 Q3-2019 Q4-2019 Q1-2020 Q2-2020 Q3-2020 Q4-2020 Q1-2021 Q2-2021 Q3-2021
Slide 18: On the offence in Stavanger
On the offence in Stavanger • Strong momentum • Great market potential • Known market for the bank • 11 new and certified advisors
Slide 19: New Name and Activities
New Name and Activities (s S p) ‘ _— 3 = = —- i r ee Non! : - Knallgod EE til alle! 9 til alle! | Enklere valg. Enklere valg. Kundeutbytte til alle! Den Den Den Gule Gule Gule Banken Banken Banken Sandnes Sparebank Sandnes Sparebank Sandnes Sparebank
Slide 20: SME-Concept
SME-Concept • Quick response • Close dialogue • Own advisor • Local expertise • Great customer service • Short decision paths
Slide 21: Customer Experience Index - Corporate Customers
Development in Customer Experience Index - Corporate Customers 79 80 79 73 69 2017 2018 2019 2020 2021
Slide 22: 4.3% Loan Growth YOY
4.3% Loan Growth YOY Good lending growth in both the corporate market and the private market 0,06 0,1 0,05 4,9 % 4,8 % 0,08 4,5 % 7,4 % 7,5 % 6,7 % 6,9 % 4,3 % 0,06 6,2 % 0,04 4,0 % 5,7 % 3,9 % 5,3 % 4,1 % 4,6 % 0,04 3,4 % 3,9 % 4,1 % 0,03 0,02 2,6 % 1,7 % 2,3 % 0,02 0 -0,7 % -1,1 % -0,02 0,01 -3,2
Slide 23: Slide 23
Slide 24: Den Gule Banken Sandnes Sparebank
Not translated Den Gule Banken Sandnes Sparebank
Slide 25: Customer Dividend for The Fourth Year
Customer Dividend for The Fourth Year - a Differentiator Not translated Deposits and loans up to NOK 2 million qualify for the calculation of customer dividends. Customer dividends will vary from year to year as a result of the bank's earnings trend and dividend ratio
Slide 26: Customer dividend campaign
Anna sin bit. » Kundeutbytte for fjerde ar pa rad Snart deler vi overskuddet med kundene vare. Steinar sin bit. Kundeutbytte for fjerde ar pa rad Snart deler vi overskuddet med kundene vare. Den Gule Banken ‘Sandnes Soarebank Solveig og Hans sin bit. — Kundeutbytte for fjerde ar pa rad Snart deler v
Slide 27: Developments in The ECC
Developments in The ECC Pris Avkastning 320 220% 300 200% SADG 280 180% Hovedindeks (OSEBX) 260 160% Egenkapitalbevisindeks (OSEEX) 240 140% 220 120% 200 100% 180 80% 160 60% 140 40% 120 20% 100 0% 80 -20% jan. 17 aug. 17 mar. 18 okt. 18 mai. 19 des. 19 jul. 20 feb. 21 sep. 21
Slide 28: Den Gule Banken
\ Den Gule Banken Sandnes Sparebank
Slide 29: Content
Content: Status & Strategy Key Figures Credit Quality and Solidity Local macro Liquidity
Slide 30: Profitability
Profitability 100 12, 0 % 350 10,7 % 90 9,9 % 9,6 % 10, 0 % 300 9,5 % 10,0 % 80 9,0 % 8,5 % 8,8 % 79 277 70 8,0 % 7,8 % 250 71 8,0 % 7,5 % 244 261 8,0 % 60 200 60 59 209 50 57 6,0 % 197 6,0 % 150 40 4,0 % 30 100 4,0 % 20 2,0 % 50 10 2,0 % 0 0,0 % 0 3Q20 4Q20 1Q21 2Q21 3Q21 2017 2018 2019 2020 9M21 -
Slide 31: Net Interest Margin
Net Interest Margin Solid interest margin despite low key interest rates 1,90% 1,90% 1,81% 1,80% 1,80% 1,73% 1,72% 1,70% 1,70% 1,64% 1,61% 1,60% 1,60% 1,55% 1,54% 1,54% 1,55% 1,52% 1,50% 1,50% 1,40% 1,40% 1,30% 1,30% 1,20% 1,20% 1,10% 1,10% 1,00% 1,00% 3Q20 4Q20 1Q21 2Q21 3Q21 2017 2018 2019 2020 9M
Slide 32: Margins on Loans and Deposits
Margins on Loans and Deposits Strong competition and low policy rate influences margins 0% 0,07 % 0,06 % 3,27 % 3,28 % 0% 0,04 % 3,12 % 3,15 % 3,07 % 0,03 % 0% 0,01 % 0% -0,06 % -0,06 % 2,00 % -0,07 % 1,92 % 1,85 % 1,77 % 1,76 % 0% -0,09 % 0% -0,19 % 0% 3Q20 4Q20 1Q21 2Q21 3Q21 3Q20 4Q20 1Q21 2Q21 3
Slide 33: Other Income
Other Income 3Q20 4Q20 1Q21 2Q21 3Q21 2017 2018 2019 2020 9M21 140,6 135,0 122,9 122,6 0,7 120,2 60,9 31,5 1,0 27,1 28,9 14,5 5,9 14,4 27,4 79,8 22,8 31,8 14,9 14,1 4,6 28,1 27,5 48,6 68,0 1,0 7,6 36,3 21,6 53,9 49,2 22,6 31,9 22,6 10,7 1,4 3,7 1,0 57,7 -4,3 46,1 -15,0 30,3 36,6 27,0 -3,2 Dividend a
Slide 34: Gross Commission Income
Gross Commission Income Increased activity in Aktiv Eiendom, continuous improvement in the sale of insurance and mutual funds 95,0 94 86 3 24 25 25 85,0 3 11 25, 0 21 23 0,6 75 0,6 0,6 9 4 0,6 0,6 3,0 75,0 3,0 2,9 66 4 6 2 2,9 2,6 9 1,0 1,2 1,4 8 20, 0 1,0 1,1 1,5 65,0 2 57 1,5 1,5 6 4 1,5 1,5 4 55,
Slide 35: Operating Costs
Operating Costs Mål 2019: Strong cost control | Increased activity in Aktiv Eiendom (real estate agent) 120 300 269 269 269 1,00 261 100 96 250 26 28 30 241 27 0,80 27 26 80 72 71 74 200 27 0,60 66 10 9 9 52% 9 7 45% 60 150 45% 44% 44% 0,40 242 234 242 239 40 100 0,20 187 59 63 62 61 64 20 50 - 0 0
Slide 36: Well Capitalized and Equipped for Further Growth
Well Capitalized and Equipped for Further Growth Common equity tier 1 capital ratio of 17.1% including profit YTD 17,5 % 17,8 % • 18% 16,6 % 16,6 % FSA minimum CET 1 requirement of 13.1% 15,9 % 15% • Pillar-2 requirement of 2.1%, 12% • Target for Common Equity Tier 1 capital (CET1)> 14.1% 9% 6% • Di
Slide 37: Dividend for 2020 Disbursed in October
Dividend for 2020 Distbursed in October 8 7,9 7,9 80 7 6,9 70 6 60 5,6 5 50 4,8 4 40 71 3 6,0 30 63 60 5,2 5,0 2 20 34 2,8 1 10 1,3 15 0 0 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Utbytte per egenkapitalbevis Earnings per equity capital certificate • Total earnings during the period amount
Slide 38: Customer Dividend for The Fourth Year
Customer Dividend for The Fourth Year - a Differentiator Not translated Deposits and loans up to NOK 2 million qualify for the calculation of customer dividends. Customer dividends will vary from year to year as a result of the bank's earnings trend and dividend ratio
Slide 39: Development in Strategy Period 2017-2020, Goals Towards 2024
Development in The Strategy Period 2017-2020, Incl. Goals Towards 2024 2017 2018 2019 2020 Target 2024 7,5 % 8,8 % 9,6 % 9,0 % > 10 % 50 % 75 % 63 % 75 % 50-75 % 16,6 % 16,6 % 17,4 % 17,8 %* >14,1 %** -0,1 % 2,7 % 2,5 % 4,9 % > 5 %*** BM: 69 BM: 79 BM: 80 BM: 73 Corporate (BM): 80 PM: 52 PM: 56 PM:
Slide 40: Content
Content: Status & Strategy Key Figures Credit Quality and Solidity Local macro Liquidity
Slide 41: Lending to Customers by Division
Lending to Customers by Division Low regional credit growth | Solid growth the last few years 30 25,0 25 24,0 22,9 22,2 21,5 32 % 29 % 27 % 28 % 20 33 % 15 10 68 % 71 % 73 % 72 % 67 % 5 0 2017 2018 2019 2020 9M21 2017 2018 2019 2020 3Q21 Retail Corporate • Net lending to customers of NOK 25 billion
Slide 42: The Loan Portfolio Composition
The Loan Portfolio Composition Retail has increased relative to Corporate in recent years | Growth in SME and in agriculture Retail services 1% Farming 2% Public and Other* private services 1% Buidling & construction 3% Commercial real 4% estate 59% Commercial real estate 17% Other* 4% Buidling & Re
Slide 43: Focus on Reduced Portfolio Risk
Focus on Reduced Portfolio Risk Growth in SME | Reduction in loans above MNOK 100 6,0 4,0 20 18 3,5 5,1 5,2 5,1 5,0 5,0 5,0 15 16 3,0 14 14 14 4,0 2,5 12 11 12 2,4 3,0 2,0 10 2,1 8 2,4 1,5 1,7 1,6 2,0 2,1 1,5 6 1,6 1,7 1,5 1,6 1,0 1,5 1,4 1,4 1,3 4 1,0 0,5 2 0,0 0,0 - 2017 2018 2019 2020 9M21 2017 2
Slide 44: Losses on Loans and Guarantees
Losses on Loans and Guarantees Positive development in loss provisions 0% 1% 0% 0% 0,13 % 0,33 % 0% 0% -0,01 % -0,03 % 0% 0% 8 -2 0 0% 72 0,11 % 0,10 % 0% -15 -23 0,06 % -0,24 % 24 25 0% 13 0% 0% 2017 2018 2019 2020 9M21 0% -0,38 % -29 0% -0,16 % 0% 3Q20 4Q20 1Q21 2Q21 3Q21 Losses on loans Losses in
Slide 45: Non-Performing and Doubtful Loans
Non-Performing and Doubtful Loans Stable and declining levels 2,16 % 1,10 % 1,04 % 1,00 % 0,93 % 0,91 % 265 251 245 231 227 1,05 % 1,04 % 0,96 % 0,91 % 463 251 233 227 220 3Q20 4Q20 1Q21 2Q21 3Q21 2017 2018 2019 2020 9M21 Net non-performing and doutbful loans Non-performing and doutbful loans Net no
Slide 46: Write-downs on Loans
Write-downs on Loans Increased provisions for future losses in 2020 as a result of the market situation 1,80 % 1,30% 2% 107 1,08 % 1% 31 0,70% 0,64 % 0,63 % 1% 55 0,40 % 284 25 0,50 % 31 36 52 0,38 % 0,35% 19 0% 0,32 % 157 0,29 % 0,31% 46 0,26 % 80 74 36 -1% 0,14% 2017 2018 2019 2020 9M21 Collective
Slide 47: Loans to Customers by Division, Credit Risk
Loans to Customers by Division, Credit Risk • Risk expressed by excpected credit loss (ECL) 90 0,50 % 550 4,00 % 80 0,42 % 0,40 % 3,11 % 69 450 3,00 % 70 0,30 % 60 0,24 % 350 2,02 % 2,00 % 0,23 % 316 50 0,19 % 0,18 % 0,20 % 44 42 1,27 % 1,16 % 40 35 36 250 1,00 % 0,10 % 0,82 % 194 30 0,00 % 150 0,00
Slide 48: Retail Loan Portfolio
Retail Loan Portfolio Volume by geography 55 % 48 % 45 % Landet Forøvrig Oslo 10 % 35 % 5% Rogaland forøvrig 28 % 6% 25 % 16 % 15 % Lokalt Markedsområde 4% 78 % 5% 4% -5 % < 60% 60-75% 75-85% 85-100% >100% • 76% of the portfolio has LTV below 75% • 81% of the number of customers and 78% of the volum
Slide 49: Retail Loan Portfolio
Retail Loan Portfolio 35 % 25% 30 % 27% 20% 20,1 % 25% 18,8 % 25 % 15% 18% 20 % 12,0 % 15 % 11,1 % 10% 9,9 % 10,7 % 10,1 % 9,8 % 11% 9,0 % 10% 9% 8,3 % 10 % 5% 5% 0% 0% < 1 mill 1-2 mill 2-3 mill 3-4 mill 4-5 mill > 5 mill • A limited amount of large loans reduces vulnerability in the event of a • T
Slide 50: Credit Risk Retail – 90 Days Arrears
Credit Risk Retail – 90 Days Arrears Balance Bank and ordinary retail are different customer segments with different customer behavior 2% 200 % 4% 18% 17,1 % 1,3 % 180 % 16% 4% 1% 1,1 % 1,1 % 160 % 15,0 % 0,9 % 0,9 % 14% 0,8 % 0,8 % 3% 140 % 0,7 % 12% 3% 1% 120 % 10,9 % 10,4 % 10,3 % 10,0 % 10% 100
Slide 51: Credit Risk Corporate – Defaults and Payment Holidays
Credit Risk Corporate – Defaults and Payment Holidays 9% 35% 139 % 31,5 % 7,44 % 30% 29,4 % 7% 119 % 25% 5% 5,09 % 99 % 4,37 % 20% 19,3 % 18,9 % 79 % 18,0 % 3% 2,97 % 2,90 % 3,07 % 17,1 % 2,71 % 15% 1,69 % 59 % 11,7 % 12,5 % 12,0 % 1% 1,02 % 11,4 % 10% 75 % 39 % 73 % 72 % 68 % 66 % 59 % 55 % -1% 5%
Slide 52: Lending to Real Estate
Lending to Real Estate 67% of total corporate exposure| Relatively stable composition last 5 years Housing cooperative 3% 30% 28% Commercial building 25% building 25% projects Other 0% 6% 21% Housing Land 20% building 4% 17% projects 12% 15% Commercial 9% Housing rental rental 10% 12% 63% 5% 0% Unde
Slide 53: Lending to Real Estate > MNOK 30
Lending to Real Estate > MNOK 30 32 loans| EAD NOK 2,7 bn | 33% of corporate loan book | 50% of real estate loans WA lease Type eiendom EAD (MNOK) length WA occupancy WA LTV Mixed use 1.040 8,4 96 % 78 % Retail 580 7,5 92 % 77 % Housing rental 408 1,6 87 % 78 % 38,3 % Development 297 2,7 72 % 73 % H
Slide 54: Lending to Real Estate > MNOK 30
Lending to Real Estate > MNOK 30 32 loans| EAD NOK 2,7 bn | 33% of corporate loan book | 50% of real estate loans WA lease Location EAD (MNOK) length WA occupancy WA LTV Forus/Lura 1.088 5,3 91 % 75 % Oslo 403 3,6 85 % 77 % Sandnes 330 5,7 87 % 83 % 40,1 % Sola 312 10,6 91 % 71 % Sør-Jæren 189 9,5 9
Slide 55: Lending to Real Estate > MNOK 30 – Forus/Lura
Lending to Real Estate > MNOK 30 – Forus/Lura EAD NOK 1.1bn of total 2.7bn WA lease Property type EAD (MNOK) length WA occupancy WA LTV Mixed use 553 7,4 100 % 77 % Development 297 2,7 72 % 73 % 50,8 % Parking 116 3,0 100 % 54 % Office 64 0,5 76 % 102 % Housing rental 59 8,4 100 % 76 % Total 1.088 5
Slide 56: Content
Content: Status & Strategy Key Figures Credit Quality and Solidity Local macro Liquidity
Slide 57: Norges Bank's Regional Network – South West
Norges Bank’s Regional Network – South West Growth in production Growth in investments • Increased optimism going forward • Increasing investments in line with the reopening of the economy Kilde: Norges bank 14.09.21
Slide 58: Oil investments remain important for the local economy
Oil investments remain important for the local economy • The estimates for oil investments were first adjusted downwards when the • Regional network expects some growth in activity in the oil sector over the next corona crisis hit, then revised up again after the gov’t adopted a favorable tax 6 mont
Slide 59: Normalised Unemployment
Normalised Unemployment Unemployment is beginning to approach a normal level in all counties • Unemployment in Rogaland is beginning to approach pre-pandemic levels
Slide 60: Shortage of labor in some sectors in Rogaland
Shortage of labor in some sectors in Rogaland • 40% of the companies in Rogaland report a shortage of qualified labor, • Unemployment is higher than normal in tourism and industry. High demand for compared to 30% on a national basis labor in the construction sector.
Slide 61: Low immigration, but increased guest nights
Low immigration, but increased guest night • Stable birth surplus • The number of overnight stays is back to a normal level, but fewer foreign tourists than normal • Low migration, both domestic and foreign • Travel activity on the way up. Both summer tourists and business trips
Slide 62: House Prices
House Prices • Increase in nominal prices increases flexibility in the real estate market, reduced • Real prices continue to show a decline of almost 20% from the top level lock-in effect
Slide 63: Low house prices increase accessibility to own housing
Low house prices in the region increase accessibility to own housing Kilde: dn 6.10.21
Slide 64: Improvements in the residential property market
Improvements in the residental property market No of days to sell dwellings No. of dwellings sold • Significant improvement in the transaction market • Housing demand is still rising in Stavanger and the surrounding area
Slide 65: The Local CRE Market
The Local CRE Market Challenges through the oil downturn - stable from 2018 onwards 6,9 % 6,5 % 6,2 % 6,3 % 6,0 % 5,9 % 5,2 % 4,6 % 4,3 % 4,0 % 3,8 % 2,8 % 2,8 % 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 v 2021 Source: Eiendomsmegler 1 Næringseiendom Stavanger 65
Slide 66: The Local CRE Market
The Local CRE Market Office properties still challenging, but positive development in Forus and Jåttåvågen 13,5 % 11,2 % 11,3 % 10,7 % 10,8 % 10,1 % 9,7 % 8,0 % 6,8 % 7,0 % 4,5 % 4,4 % 3,4 % 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 v 2021 • Stable rental prices in the region • The
Slide 67: The Local CRE Market
The Local CRE market Mixed-use and retail have the lowest vacancy 5,5 % 5,0 % 4,9 % 2,9 % 4,4 % 4,2 % 3,9 % 4,0 % 3,8 % 3,7 % 2,0 % 2,9 % 2,9 % 2,7 % 1,6 % 1,6 % 1,5 % 2,4 % 1,4 % 1,3 % 1,3 % 1,1 % 1,1 % 0,9 % 0,7 % 0,7 % 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 v 2021 2009 2010 2
Slide 68: Content
Content: Status & Strategy Key Figures Credit Quality and Solidity Local macro Liquidity
Slide 69: Deposits
Deposits 52% 51% 50% 50% 50% 54 % 46 % Deposits Retail Deposits Corporate 3Q20 4Q20 1Q21 2Q21 3Q21
Slide 70: Liquidity
Liquidity LCR at 251 % | NSFR at 128 % 4.500 4.025 3.499.0 00 3.268 4.000 3.780 - 2.983 2.997 2.999.0 00 3.500 3.000 2.786 2.499.0 00 2.285 2.112 2.112 2.500 300 1.999.0 00 3.000 3.325 2.766 2.000 1.300 1.499.0 00 1.277 1.500 1.500 - 300 999.000 900 1.000 577 - 430 1.186 1.200 499.000 500 46 780 700
Slide 71: Liquidity Reserve
Liquidity Reserve NOK 3.4bn ex. cash | AA-rating or above 3,00 Foreign 2,80 Covered Bonds Foreign 12 % Domestic Municipalities Municipalities 2,60 (RW20) (RW0) 3% 16 % 2,40 Gov't 2,20 Guaranteed 15 % 2,00 Domestic 1,80 Covered Bonds 53 % 1,60 jan.19 mai.19 sep.19 jan.20 mai.20 sep.20 jan.21 mai.21 s
Slide 72: ©
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Slide 73: Solidity – Leverage
Solidity – Leverage 12% 12% 10,0 % 10,1 % 10,0 % 9,9 % 10,0 % 9,6 % 9,7 % 9,0 % 9,2 % 9,2 % 9% 9% 6% 6% 3% 3% 0% 0% 3Q20 4Q20 1Q21 2Q21 3Q21 2017 2018 2019 2020 9M21 73
Slide 74: Cost to Income Underlying Banking Operations
Cost to Income Underlying Banking Operations 1 1 0 1 0 0 0 0 0 0 43% 42% 42% 43% 49% 0 41% 44% 46% 46% 0 37% 0 0 0 0 0 0 3Q20 4Q20 1Q21 2Q21 3Q21 2017 2018 2019 2020 9M21 Cost to income banking operations Cost to income banking operations Nedgang i inntekter knyttet til verdiendringer i likviditetsp
Slide 75: Loans to Corporate Customers by Sector
Loans to Corporate Customers by Sector Focus on reducing risk over time | Strongest growth in farming and SME Housing cooperative 3% Commercial building building Commercial real projects Other estate 0% 6% 59% Housing Land building 4% projects 12% Other* Commercial 4% Housing rental rental Buidling
Slide 76: Transition to common Eika credit model
Transition to common Eika credit model Switching from in-house model to common credit model for all Eika-banks from 01.04.2021 - Common Eika credit model provides better Share of write-downs of total loans as per 30.09.21 statistical basis and less vulnerable operations Step 1: 0,1 % 0,2 % 0,0 % - I
Slide 77: The Equity Capital Certificate
The Equity Capital Certificate 20 largest owners of equity certificates as at 30.09.2021 No. of equity certificates Share 1. Sparebank 1 SR-Bank C/O SR-Investering 3.485.009 15,14 % Pris Avkastning 2. Sandnes Sparebank 2.083.847 9,05 % 320 220% 3. Holmen Spesialfond 1.359.823 5,91 % 4. VPF EIKA Egen
Slide 78: Key Figures
Key Figures 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 9M20 9M21 Growth assets 1,8 % 4,5 % 5,8 % -6,2 % 0,1 % -0,9 % 5,2 % -2,6 % 5,6 % 1,6 % Growth lending (net) -0,2 % 1,6 % 2,0 % 1,0 % 0,1 % 1,5 % 1,2 % 1,3 % 4,5 % 4,3 % Growth deposits 0,0 % -1,2 % 6,2 % -4,3 % 0,4 % 2,7 % 4,7 % -0,3 % 0,4 % 7,7 %
Slide 79: Definition of Key Figures
Definition of Key Figures Rate of deposits to loans Return on equity after tax OB net loans to customers / OB deposits from customers (Operating profit after taxes / days in the period x days in a year) / ((OB total equity + IB total equity) / 2 [excl. T1 hybrid instruments] Liquidity coverage ratio
Slide 80: Disclaimer
This presentation has been prepared solely for promotion purposes of Sandnes Sparebank. The presentation is intended as general information and should not be construed as an offer to sell or issue financial instruments. The presentation shall not be reproduced, redistributed, in whole or in part, wi